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In our opinion, and as reflected in the analysis attached, the Water Fund has sufficient <br /> revenues to meet all current obligations and the proposed additional debt to be incurred. <br /> Nelson& Co pany, P.C. <br /> By: aQJ--- <br /> Paul Nelson, C.P.A. <br /> STATE OF COLORADO ) <br /> ) ss. <br /> COUNTY OF EL PASO) <br /> The above and foregoing document was acknowledged before me this `) day of May, <br /> 2005 by Paul Nelson. <br /> WITNESS my hand and official seal. <br /> My Commission Expires <br /> My Commission Expires: 03/30/2007 <br /> Notary Public f <br /> cc: Mike Serlet, Chief of Water Supply Planning and Finance—Colorado Water Conservation <br /> Board <br /> M <br /> kr„ ; 4,41'71 f,17 <br />