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CT2015-102 Amendment 1
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CT2015-102 Amendment 1
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Last modified
6/1/2017 12:58:37 PM
Creation date
6/1/2017 12:58:35 PM
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Loan Projects
Contract/PO #
CT2015-102
Contractor Name
Cottonwood Water and Sanitation District acting by and through it's water activity enterprise
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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APPENDIX B,AMENDMENT NO.1 TO LOAN CONTRACT CT2o15-102 <br /> AMENDMENT TO SECURITY AGREEMENT <br /> DEBTOR: Cottonwood Water and Sanitation District, acting by and <br /> through its water activity enterprise <br /> SECURED PARTY: Colorado Water Conservation Board <br /> REVISED LOAN AMOUNT: $342,921.05 <br /> TERM OF REPAYMENT: 3o years at 3.00%with an annual payment of$19,478.13 <br /> LOAN CONTRACT NUMBER: CT2o15-102 <br /> 1. The Parties have amended the Original Loan Contract and Promissory Note to decrease the loan <br /> amount from $381,780.00 to $342,921.05, and hereby amend the original Security Agreement to <br /> document the change ofloan 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: COTTONWOOD WATER AND SANITATION <br /> DISTRICT,ACTING BY AND THROUGH ITS <br /> WATER ACTIVITY ENTERPRISE <br /> (SEAL) By dsz; <br /> �' l <br /> Sig -t esk <br /> nature/Title <br /> ATTEST: <br /> Date A &Pet)k, <br /> Signature/Title <br /> Date l apc\ DDic-``-)1:1 <br /> Page 1 of 1 <br />
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