CT2016-2452 Amendment NO. 1

• Contract/PO #: CT2016-2452
• Contractor Name: St. Vrain and Left Hand Water Conservancy District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

Appendix B,Amendment No.! to Loan Contract CT2016-2452
Amendment to Security Agreement
Debtor: St. Vrain and Left Hand Water Conservancy District, acting by
and through the water activity enterprise
Secured Party: Colorado Water Conservation Board
Loan Amount: $4,545,000.00
Term of Repayment: 32 years or until loan is paid in full
Interest Rate: Zero percent(0%)for five(5)years followed by twenty-seven
(27)years at 3.20%interest per annum
Loan Contract Number: CT2016-2452
1. The Parties have amended the Original Loan Contract and Promissory Note to change the loan term from the
existing three(3)years to five(5)year at 0% interest followed by twenty-seven(27)years at a blended interest
of 3.20%.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.
St.Vrain and Left Hand Water Conservancy District
acting byand through the water activity],ente rise
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Appendix B
Page 1 of 1
Contract Number CT2016-2452