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STATE OF COLORADO LOAN CONTRACT <br /> SIGNATURE AND COVER PAGE <br /> THREE(3)SIGNATURE PAGES(COVER PAGE),WITH ORIGINAL SIGNATURES,ARE REQUIRED <br /> State Agency Contract Number <br /> Department of Natural Resources CT:2018-2829 <br /> Colorado Water Conservation Board(CWCB) CMS:107362 <br /> 1313 Sherman St,Room 718 <br /> Denver,CO 80203 <br /> Borrower and Address Loan Contract Project Performance Beginning Date: <br /> Lupton Bottom Ditch Company Effective Date of Contract <br /> 11016 County Road 23 Loan Contract Project Performance End Date: <br /> Fort Lupton,CO 80621 Three(3)Years from Effective Date or upon the date of CWCB's <br /> Entity Type Notice of Project Substantial Completion of the Project. <br /> Nonprofit Corporation <br /> Base Loan Amount Loan Contract Terms <br /> $600,000.00 1.60%for ten(10)years <br /> Loan 1%Origination Fee Project Name <br /> $6,000.00 Diversion Structure Repair <br /> Total Loan Amount Loan Contract Purpose <br /> $606,000.00 To stabilize the Company's river diversion structure so it may <br /> divert and delver water to its shareholders. <br /> THE PARTIES HERETO HAVE EXECUTED THIS CONTRACT <br /> Each person signing this Contract represents and warrants that he or she is duly authorized to execute this Contract and to bind the Party <br /> authorizing his or her signature. <br /> BORROWER STATE OF COLORADO <br /> Lupton Bottom Ditch Company John W.Hickenlooper,Governor <br /> Coloraoo Department Conse ova ion l Resources <br /> Colorado Water Conservation Board(CWCB) <br /> (Signature) <br /> • <br /> Name: -Q L' �)rl. 1v (Signa ure) <br /> Title: C Q. S lo N'` Name: Kirk Russell,P.E.,Section Chief <br /> r(� CWC$F7ce Section <br /> Date: �"5—/d Date: ,7J� /8 <br /> ATTEST: Lit <br /> (Signature) <br /> Name: l-'Ow k,211 <br /> Title: E,<'.,& ( I V,IiR-C't <br /> Date: t 'S 1 it <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:Susan Borup,Controller,.0 epartment a Natural Resources <br /> Effective Date: A vA3 <br /> Page 1 of 19 <br /> Contract Number:CT2018-2829 <br />