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CT2015-035 Amendment 1
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Last modified
9/4/2020 1:02:38 AM
Creation date
4/20/2017 8:21:33 AM
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Loan Projects
Contract/PO #
CT2015-035
Contractor Name
Big Thompson and Platte River Ditch Company
Contract Type
Loan
Loan Projects - Doc Type
Feasibility Study
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APPENDIX B,AMENDMENT NO.1 TO LOAN CONTRACT CT2015-035 <br /> AMENDMENT TO SECURnYAGREEMENT <br /> DEBTOR: BIG THOMPSON AND PLATTE RIVER DITCH COMPANY <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> REVISED LOAN AMOUNT: $t8g,861.39 <br /> TERM OF REPAYMENT: 30 years-no payments and zero interest for <br /> the first three years followed by annual payments of <br /> $8,997.25 for 27 years at the interest rate of 1.85% <br /> LOAN CONTRACT NUMBER: CT2015-035 <br /> i. The Parties have amended the Original Loan Contract and Promissory Note to decrease the loan <br /> amount by $618,138.61, from $8o8,000.00 to S18q,86i.39, and hereby amend the original Security <br /> Agreement to document the change of loan amount. <br /> 2. The Parties expressly agree that this Amendment to Security Agreement is supplemental to the <br /> Security Agreement and all terms, conditions, and provisions thereof, unless specifically modified <br /> below, are to apply to this Amendment to Security Agreement as though they were expressly <br /> rewritten,incorporated,and included herein. <br /> 3. Collateral for the loan remains the same. <br /> DEBTOR: BIG THOMPSON AND PLATTE RIVER DITCH <br /> COMPANY <br /> (SEAL) <br /> By -- __ <br /> Si nature/Title <br /> ATTEST: <br /> Date- <br /> Signature/title <br /> Date 02 3o--/7 <br /> Page 1 of i <br />
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