Castle Pines North Water Provider Agreement

Features as defined in Articles I.R and I.F, and Government oversight as
described in Article II.F.5. of the Water Storage Agreement.
C. State Mitigation Plan Costs. Water Provider shall pay its Pro Rata Share
of the costs of implementation of the State Mitigation Plan.
D. Total Project Costs. The total estimated amount of the costs described in
Paragraphs IV.A, B and C is One Hundred Thirty-four Million Dollars
($134,000,000.00) (collectively, the "Total Project Costs"). Concurrently with
the execution of this Agreement, Water Provider shall fully fund its Pro Rata
Share of the total amount of the Total Project Costs (collectively, the
"Obligation") through a deposit of cash into an approved escrow account
("Escrow Account") and, if applicable, execution of one or more loan
agreements with the Colorado Water Conservation Board (each a "Loan
Contract" and collectively, the "Loan Contracts"). The escrow agreement,
including instructions, for the Escrow Account is attached hereto as Exhibit C
and the Loan Contracts are attached as Exhibits D-1, D-2 and D-3. Water
Provider's total Obligation is $6,543,879.10 and it is fully funded as follows:
1. $654,388.00 deposited into the Escrow Account in cash;
2. $716,000.00 in CWCB loan funds pursuant to Loan Contract CT2016-
2057, which does not include the 1°/0 loan service fee;
3. $4,102,000.00in CWCB loan funds pursuant to Loan Contract CT2016-
2058, which does not include the 1% loan service fee;
4. $1,572,000.00 in CWCB loan funds pursuant to Loan Contract CT2016-
2060, which does not include the 1% loan service fee.
E. Costs of O&M, RRR&R and Other Modifications to the Chatfield Project.
Water Provider shall pay its Pro Rata Share of the payments required by
Articles IV.A.2., IV.A.3. and IV.B of the Water Storage Agreement pertaining
to Specific Repair, Rehabilitation, Reconstruction And Replacement Costs,
Joint-Use Repair, Rehabilitation, Reconstruction And Replacement Costs,
Specific Annual Operation And Maintenance Expenses, Joint-Use Annual
Operation And Maintenance Expenses and Other Modifications to the
Chatfield Project, directly or through CRMC, within the time allowed by Water
Storage Agreement Articles IV.A.2., IV.A.3. and IV.B. CDNR will forward to
Water Provider and CRMC the Government's notification of the annual
amount of such payments immediately upon receipt.
F. Default and Remedies. If Water Provider defaults on any of the payment
obligations described herein, and fails to cure such default within 60 days
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