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PARITY LIEN BOND CERTIFICATE <br /> Little Thompson Water District <br /> acting by and through the <br /> Little Thompson Water District Water Activity Enterprise <br /> in Larimer,Weld and Boulder Counties,Colorado <br /> Water Revenue Refunding Note, Series 2014 <br /> The undersigned, by and on behalf of Anton Collins Mitchell LLP, Certified Public <br /> Accountants, Greeley, Colorado, in connection with the issuance by Little Thompson Water <br /> District, acting by and through its Water Activity Enterprise, in Larimer, Weld and Boulder <br /> Counties, Colorado (the "District"), of its Water Revenue Refunding Note, Series 2014, dated <br /> December 15, 2014, in the aggregate principal amount of$4,905,000 (the "Series 2014 Note"), <br /> hereby certifies as follows (capitalized words and phrases used herein shall have the same <br /> meaning as set forth in the Resolution of the District adopted on November 13, 2014 authorizing <br /> the issuance of the Series 2014 Note(the"Resolution")): <br /> 1. I am an independent certified public accountant within the meaning of § 12-2- <br /> 115, C.R.S., as amended, licensed to practice in the State of Colorado. <br /> 2. The District has provided me with unaudited financial information which permits <br /> me to calculate Net Revenue for the 12-month period ending June 30, 2014. The District has <br /> also provided me with copies of the following documents: <br /> (a) the resolution of the District adopted on October 7, 2004 (the "2004 <br /> CWCB Resolution") providing for the issuance of the District's Note to the Colorado <br /> Water Conservation Board, and the loan contract executed in connection therewith, dated <br /> December 1, 2004 (the"2004 CWCB Loan"); <br /> (b) the resolution of the District adopted on September 14, 2005 (the "2006 <br /> CWCB Resolution") providing for the issuance of the District's Note to the Colorado <br /> Water Conservation Board, and the loan contract executed in connection therewith, dated <br /> February 21,2006 (the"2006 CWCB Loan"); <br /> (c) the resolution of the District adopted on April 27, 2006 (the "CWRPDA <br /> Resolution") providing for the issuance of the District's Note to the Colorado Water <br /> Conservation Board, and the loan contract executed in connection therewith, dated April <br /> 1, 2006 (the"CWRPDA Loan"); <br /> (d) the resolution of the District adopted on September 15, 2011 (the "Series <br /> 2011 Resolution") providing for the issuance of the District's Water Revenue Refunding <br /> Bonds, Series 2011, dated October 9, 2011 (the"Series 2011 Bonds"); <br /> (e) the Resolution of the District providing for the issuance of the Series 2014 <br /> Note; and <br /> 4839-3548-5472.2 <br />