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EXHIBIT C, OPTION LETTER (SAMPLE) <br /> State Agency Option Letter Number 1 <br /> Colorado Water Conservation Board(CWCB) <br /> 1313 Sherman St,Room 718 <br /> Denver,CO 80203 <br /> Grantee Original Grant Award Letter Number <br /> San Luis Valley Irrigation District, CTGG1 2018- <br /> 296 Miles Street CMS <br /> Center,Colorado,81125 <br /> Current Contract Maximum Amount Option Contract Number <br /> Initial Term 340,000.00 CMS <br /> State Fiscal Year 20xx $0.00 <br /> Extension Terms Contract Performance Beginning Date <br /> State Fiscal Year 20xx $0.00 Month Day,Year <br /> State Fiscal Year 20xx $0.00 <br /> State Fiscal Year 20xx $0.00 Current Contract Expiration Date <br /> State Fiscal Year 20xx $0.00 Month Day,Year <br /> OR <br /> Total for All State Fiscal Years $0.00 <br /> 1. OPTIONS: <br /> Option to extend for an Extension Term <br /> 2. REQUIRED PROVISIONS: <br /> In accordance with Section 2A of the Original Contract referenced above,the State hereby exercises its option for an <br /> additional term, beginning Insert start date and ending on the current contract expiration date shown above, at the <br /> rates stated in the Original Contract,as amended. <br /> 3. OPTION EFFECTIVE DATE: <br /> A. The effective date of this Option Letter is upon approval of the State Controller or his delegate. <br /> In accordance with§24-30-202 C.R.S.,this Option is not valid <br /> STATE OF COLORADO until signed and dated below by the State Controller or an <br /> John W.Hickenlooper,Governor authorized delegate. <br /> Department of Natural Resources STATE CONTROLLER <br /> Robert D.Randall,Executive Director Robert Jaros,CPA,MBA,JD <br /> STATE CONTROLLER <br /> By:Kirk Russell,P.E.,Section Chief Robert Jaros,CPA,MBA,JD <br /> Colorado Water Conservation Board <br /> Date: <br /> By:Maggie Van Cleef,DNR Purchasing Director <br /> Option Effective Date: <br /> Page 1 of 1 <br /> Exhibit C <br />