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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:2018-2832 <br /> Colorado Water Conservation Board(CWCB) CMS:107395 <br /> 1313 Sherman St,Room 718 <br /> Denver,CO 80203 <br /> Borrower and Address Loan Contract Proiect Performance Beginning Date: <br /> Bessemer Irrigating Ditch Company Effective Date of Contract <br /> 503 North Main Street,Suite 216 Loan Contract Project Performance End Date: <br /> Pueblo,CO 81003 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 /> Nongovernmental <br /> Base Loan Amount Loan Contract Terms <br /> $900,000.00 1.65%for 20 years <br /> Loan 1%Origination Fee Project Name <br /> $9,000.00 Landslide Stabilization and Ditch Lining <br /> Total Loan Amount Loan Contract Purpose <br /> $909,000.00 To stabilize the ditch and maintenance road and to line the ditch <br /> throughout the stabilized area. <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 /> ,�QBessemer Irrigating Company <br /> a.ovviii 0John W.Hickenlooper,Governor <br /> 1 Colorado Department of Natural Resources <br /> (� C— Colorado Water Conservation Board(CWCB) <br /> (Signature) L/l G <br /> P_Sk <br /> Name: h,21 trz.. . 6.(F-4) (Signature) <br /> Title: 1341-5-l-Co.)" Name: Kirk Russell,P.E.,Section Chief <br /> 8 <br /> CWCB,FinaoSection <br /> Date: rakuAfLY oY 0 DC7/ Date: //2 N <br /> ATTEST: <br /> (Signature) <br /> Name: hi i C/l4et S. )4) L L <br /> Title: 1/451-C/t<-77"4/1-y ` /l. N, <br /> Date: fCta►2wan Y czonv o )D/n <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, ontroller,D artment of atuurral Resources <br /> Effective Date: t--3/A/2194 <br /> Page 1 of 19 <br /> Contract Number.CT2018-2832 <br />