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BORROWER Little Thompson Water District Agency Name: Water Conservation Board <br /> acting by and through the Little Agency Number PDA <br /> Thompson Water District Water Activity Routing Number 06 PDA <br /> Enterprise <br /> CONTRACT NO. C150210 <br /> PROJECT AMOUNT $4,945,500 <br /> LOAN SERVICE FEE $49,455 <br /> LOAN AMOUNT $4,994,955 <br /> LOAN CONTRACT <br /> (STANDARD CONTRACT-WAIVER#160-APPROVED NOVEMBER 10,2003) <br /> THIS CONTRACT, made this February 21, 2006, by and between the State of <br /> Colorado for the use and benefit of the Department of Natural Resources, Colorado Water <br /> Conservation Board ("CWCB" or "STATE"), and Little Thompson Water District acting by <br /> and through the Little Thompson Water District Water Activity Enterprise, P.O. Box G, <br /> Berthoud, Colorado 80513 ("BORROWER"). <br /> FACTUAL RECITALS <br /> 1. Authority exists in the law, and funds have been budgeted, appropriated and otherwise <br /> made available and a sufficient unencumbere Mnc r f remains available for <br /> encumbering and subsequent payment of this rJ ontract Encumbrance <br /> No. C150210, Fund Number 424, Appropriati Crganization YYYY, GBL <br /> L210, Program WTRC, Object Code 5560, Reporting Cateaorv-021"1- <br /> 2. Required approval, clearance, and coordi!,,,tN <br /> av a dfrom and with <br /> appropriate agencies. <br /> 3. The PROJECT Summary, attached as Appendix 1 and incorporated herein, contains <br /> BORROWER Information (Section 1), the PROJECT Description (Section 2), CWCB's <br /> authority for making this loan (Section 3), and CWCB Approval and Legislative <br /> Authorization which identifies the amount of the loan and the terms of repayment <br /> (Section 4). <br /> 4. The CWCB now desires, by this contract, to loan money to the BORROWER for this <br /> PROJECT upon mutually agreeable terms and conditions. <br /> THEREFORE, in consideration of the mutual and dependent covenants contained <br /> herein, the parties agree as follows: <br /> A. LOAN PROVISIONS <br /> 1. Loan Service Fee. The amount of the loan (LOAN AMOUNT) shall include (1) the <br /> amount of the funds loaned by the CWCB to the BORROWER for the PROJECT and (2) <br /> a service fee of one percent (1%) of the PROJECT amount. In the event that the <br /> BORROWER does not use the LOAN AMOUNT authorized, the parties shall amend this <br /> Loan Contract C150210 <br /> Page 1 of 11 <br />