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Grand Valley Water Users Association Agenda Item 17a <br /> September 21-22, 2016 Board Meeting(Updated September 22, 2016) <br /> Page 8 of 8 <br /> Collateral: Security for this loan will be a pledge of the Association's assessment revenues backed by <br /> an assessment covenant and evidenced by annual financial reporting. This is in compliance with the <br /> CWCB Financial Policy#5 (Collateral). <br /> cc: Mark Harris, General Manager, Grand Valley Water Users Association <br /> Susan Schneider/Jennifer Mete /Derek Turner, Colorado Attorney General's Office <br /> Attachments: Water Project Loan Program - Project Data Sheet <br /> WSRF Application <br />