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STATE OF COLORADO LOAN CONTRACT <br /> Colorado Water Conservation Board(CWCB) <br /> THREE(3)SIGNATURE PAGES(COVER PAGE),WITH ORIGINAL SIGNATURES,ARE REQUIRED <br /> State Agency:Department of Natural Resources Loan Contract Numbers <br /> Colorado Water Conservation Board(PDAA) CT:2018-1017 <br /> 1313 Sherman St,Room 718 CMS:102871 <br /> Denver,CO 80203 <br /> Borrower and Address Loan Contract Performance(Project)Beginning Date: <br /> Consolidated Ditch and Headgate Company Effective Date of Contract <br /> 3414 CR 104 S.,Alamosa,CO 81101 Loan Contract Performance(Project)End Date: <br /> Entity Type Three(3)years from Effective Date or upon the date of CWCB's <br /> Non-governmental-a Colorado Mutual Ditch Company and Colorado Notice of Project Substantial Completion of the PROJECT. <br /> nonprofit corporation <br /> Base Loan Amount(Amount in CORE) Loan Contract Terms <br /> $1,000,000.00 1.80%for 30 years <br /> Loan 1%Origination Fee Project Name <br /> $10,000.00 Consolidated Diversion and Headgate Replacement <br /> Total Loan Amount Loan Contract Purpose <br /> $1,010,000.00 Improve the existing diversion structure and headgate on the Rio <br /> Grande River <br /> THE PARTIES HERETO HAVE EXECUTED THIS CONTRACT <br /> Each person signing this Contract represents and warrants that he or she is duly authorized to execute this Contract and to bind <br /> the Party authorizing his or her signature. <br /> STATE OF COLORADO <br /> Consolidated Ditch and Headgate Company Colorado Department of Natural Resources <br /> a Color.`Mutual Ditch Company and Colorado nonp s fit Colorado Water Cons tion Board(CWCB) <br /> ',;. or.P)on <br /> II <br /> yr <br /> (Signature) (Signature) <br /> Name: Scot Schaefer Name: Kirk Russell,P.E.,Section Chief <br /> CWCB Finance Section <br /> Title: President / <br /> Date: /f 07 7 <br /> Date: /D -6— 17 <br /> ATTEST:� <br /> (Signature) <br /> Name: Harold Stoeber <br /> Title:Secretary-Treasurer <br /> Date: /19-1 — I <br /> In accordance with§24-30-202 C.R.S.,this Contract is not valid until signed and dated below by the State Controller or an authorized <br /> delegate. <br /> STATE CONTROLLER <br /> Robert Jaros,CPA,MBA,JD <br /> By: <br /> By:Susan Borup,Controller,Dep ent of Nat ral Resources <br /> Effective Date: //,/1//7- <br /> Page 1 of i6 <br />