CT2015-174 Contract Amendment 1

• Contract/PO #: CT2015-174
• Contractor Name: Uncompahgre Valley Water Users Association
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

APPENDIX B,AMENDMENT NO.l TO LOAN CONTRACT CT2015-174
AMENDMENT TO SECURITY AGREEMENT
DEBTOR: Uncompahgre Valley Water Users Association
SECURED PARTY: Colorado Water Conservation Board
REVISED LOAN AMOUNT: $5,426,813.80
TERM OF REPAYMENT: 20 years at the interest rate of 2.00%
LOAN CONTRACT NUMBER: C72o15-174
i. The Parties have amended the Original Loan Contract and Promissory Note to decrease the loan
amount from $6,999300.00 to $5,426,813.80, and hereby amend the Original Security Agreement to
document the change of loan amount.
2. The Parties expressly agree that this Amendment to Security Agreement is supplemental to the
Security Agreement and all terms, conditions, and provisions thereof, unless specifically modified
below, are to apply to this Amendment to Security Agreement as though they were expressly
rewritten,incorporated,and included herein.
3. Collateral for the loan remains the same.
DEBTOR: Uncompahgre Valley Water Users
Association
(S E A L)
B
Y
/ 2/ /Signature/Title President
AI'1'EST: moi
Date,._ ._ April_28.,m2017
By2
Signature/Title Secretary
Date April 28, 2017
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Appendix B
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