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Project Summary — Castle Pines North Metropolitan District, acting by and through its Water Activity Enterprise Contract Number CT2016-2050 (C150404B) SECTION 1 —BORROWER INFORMATION Name: Castle Pines North Metropolitan District, acting by and through its Water Activity Enterprise Type of Entity: The Castle Pines North Metropolitan District is a Colorado Title 32 Special District formed pursuant to and governed by Title 32, Article 1, C.R.S. The Castle Pines North Metropolitan Water Enterprise is operated and maintained pursuant to Article 45.1, Title 37, C.R.S. and was formed and is operated as an enterprise within the meaning of Colorado Const. Art. X, Section 20. Address: 7404 Yorkshire Drive, Castle Pines, CO 80108 Contact: Peggy Dowswell-Finance Director Phone Number: 970-669-3611 E-mail address: peggyd @pinnacleconsultinggroupinc.com SECTION 2—PROJECT DESCRIPTION A. Description of PROJECT: This LOAN CONTRACT is the for the District's participation in the Chatfield Reallocation Project, specific to Chatfield Reallocation Project, for engineering, recreation facilities construction, on-site mitigation, off-site mitigation, and mitigation monitoring as defined in the Agreement Between the Department of the Army and the Colorado Department of Natural Resources for Reallocation of Water Storage Space, Recreation Modifications, and Compensatory Mitigation Features at the Chatfield Dam and Reservoir, Colorado dated October 9, 2014, incorporated herein by reference, is defined as the "PROJECT". This is part of a multi-year and multi-phased project. The total loan amount, for this CONTRACT, for these Project activities is $4,143,020, which includes a loan one percent (1%) loan service fee of$41,020 at an interest rate of 3.00% for 30 years. B. Description of Feasibility Study: The CWCB has reviewed a feasibility study report dated March 2014 on the PROJECT, titled "Castle Pines North Metropolitan District, Participation in the Chatfield Reservoir Reallocation Project,"which was prepared by Jim Nikkei, P.E. District Manager with support from Peggy Dowswell, CPA, District Finance Director and Joan Fritsche, Esq., of Collins Cockrel & Cole. The feasibility study includes an alternative analysis, cost estimates, and financial statements. The feasibility study relies on the FR/EIS prepared by the Corps, and the Fish, Wildlife and Recreation Mitigation Plan (FWRMP) prepared by the Reallocation Participants in accordance with C.R.S. 37-60-122.2. Appendix 1 Page 1 of 5