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Colorado Water Conservation Board <br /> November 5,2018 <br /> Page 2 <br /> This letter is furnished to the addressee in my capacity as counsel to the Company solely <br /> for the benefit of the addressee in connection with the transaction contemplated hereunder and is <br /> not to be relied upon by others. No statements from or portions of this letter may be used or <br /> quoted by the addressees without the written consent of the undersigned. <br /> Very truly yours, <br /> Brown&Camp, LLC <br /> By it.' ' &(-0-444-\ <br /> i es D. Brown <br /> JDB:j <br /> cc: Fruitland Irrigation Company <br />