CT2016-2001 Amendment No. 1 Contract

• Contract/PO #: CT2016-2001
• Contractor Name: The Tunnel Water Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

Appendix B,Amendment No.1 to Loan Contract CT2016-2001
Amendment to Security Agreement
Debtor: The Tunnel Water Company
Secured Party: Colorado Water Conservation Board
Revised Loan Amount: $1,717,000.00
Term of Repayment: 30 years or until loan is paid in full
Interest Rate: 2.55%
Loan Contract Number: CT2016-2001
I. The Parties have amended the Original Loan Contract and Promissory Note to increase the total loan amount
by 606,000.00 from $1,111,000.00 to $1,717,000.00 and hereby amend the original Security Agreement to
document the change.
2. The Parties expressly agree that this Amendment to Security Agreement is supplemental to the Security
Agreement and all terms,conditions,and provisions thereof, unless specifically modified below, are to apply
to this Amendment to Security Agreement as though they were expressly rewritten,incorporated,and included
herein.
3. Collateral for the loan remains the same.
Debtor..TheheTunnel Water Company
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Signature/Title
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Appendix B
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