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This PROMISSORY NOTE shall be governed in all respects by the laws of the State of Colorado. <br /> BORROWER: Northern Water Hydropower <br /> Water Activity Enterprise, a government- <br /> owned business within the meaning of <br /> Article X, section 20(2)(d) of the Colorado <br /> Constitution, organized pursuant to C.R.S. § <br /> 37-45.1-101 et seq., and owned by the <br /> Northern Colorado Water Conservancy <br /> District <br /> (SEAL) / <br /> By ��/ " <br /> g atur. <br /> Attest: <br /> NAME: //ACe ,9/ 21. <br /> TITLE: / 5/S -, 71 <br /> By <br /> �.1_-�J -.s. DATE: /L//4�Z0/4�-- <br /> Signature <br /> NAME: a C.4..1 . <br /> TITLE: C � 'r <br /> DATE: C a„1'N/, ,Q. I q 2,c:119 <br /> Appendix 2 <br /> Page 3 of 3 <br />