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OFFICE OF THE SECRETARY OF STATE <br /> OF THE STATE OF COLORADO <br /> CERTIFICATE OF FACT OF GOOD STANDING <br /> I,Wayne W.Williams,as the Secretary of State of the State of Colorado,hereby certify that, according <br /> to the records of this office, <br /> THE NORTH POUDRE IRRIGATION COMPANY <br /> is a <br /> Nonprofit Corporation <br /> formed or registered on 08/01/1901 under the law of Colorado, has complied with all applicable <br /> requirements of this office, and is in good standing with this office. This entity has been assigned entity <br /> identification number 19871033067 . <br /> This certificate reflects facts established or disclosed by documents delivered to this office on paper through <br /> 02/08/2016 that have been posted, and by documents delivered to this office electronically through <br /> 02/09/2016 @ 11:35:45 . <br /> I have affixed hereto the Great Seal of the State of Colorado and duly generated,executed,and issued this <br /> official certificate at Denver, Colorado on 02/09/2016 @ 11:35:45 in accordance with applicable law. <br /> This certificate is assigned Confirmation Number 9494385 <br /> „"„ <br /> 2kiAsio•tio— <br /> fir <br /> Secretary of State of the State of Colorado <br /> *********************************************End of Certificate******************************************* <br /> Notice: A certificate issued electronically from the Colorado Secretary of State's Web site is fully and immediately valid and effective. <br /> However, as an option, the issuance and validity of a certificate obtained electronically may be established by visiting the Validate a <br /> Certificate page of the Secretary of State's Web site, http://www.sos.state.co.us/biz/CertificateSearchCrtteria.do entering the certificate's <br /> confirmation number displayed on the certificate,and following the instructions displayed. Confirming the issuance of a certificate is merely <br /> optional and is not necessary to the valid and effective issuance of a certificate. For more information, visit our Web site, http:// <br /> www.sos.state.co.us/click"Businesses,trademarks,trade names"and select"Frequently Asked Questions." <br /> EXHIBIT C <br />