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STATE OF COLORADO <br /> INTERGOVERNMENTAL LOAN CONTRACT <br /> COVER PAGE <br /> State Agency Loan Contract Number <br /> Colorado Department of Natural Resources CMS 128656 <br /> Colorado Water Conservation Board(CWCB) CT2019-3687 <br /> 1313 Sherman St,Room 718 <br /> Denver,CO 80203 <br /> Borrower's Name and Address Loan Contract Project Performance Beginning Date <br /> Central Colorado Water Conservancy District, The Loan Effective Date <br /> Groundwater Management Subdistrict Loan Contract Project Performance End Date <br /> 3209 West 28th Street Five(5)years from the Project Performance Beginning Date <br /> Greeley,CO 80634 or upon the Project Performance End Date stated within <br /> Entity type CWCB's"Notice of Project Substantial Completion." <br /> Governmental <br /> Base Loan Amount(Amount in CORE) Loan Effective Date <br /> $8,611,000.00 The Effective Date(the date the State Controller or an <br /> One Percent(1%)Loan Origination Fee authorized delegate signs this Loan Contract). <br /> $86,110.00 <br /> Total Loan Amount(Includes One Percent(1%) Loan Contract Terms <br /> Origination Fee 1.20%for 10 years <br /> $8,697,110.00 <br /> Contract Authority <br /> Authority to enter into this Contract exists in§37-60-119(2), <br /> C.R.S., §37-60-120,C.R.S.,and§37-60-121,C.R.S. <br /> Project Name <br /> Pioneer Reservoir <br /> Contract Purpose <br /> The purpose of this Project is to purchase a slurry wall lined gravel pit and convert the existing gravel pit into the Pioneer <br /> Reservoir.Development will include construction inlet,outlet,measurement facilities and Plumb Ditch improvement.The inlet <br /> will consist of a new check structure in Plumb Ditch,an approach channel and broad crested flume,a pipeline and grouted rip- <br /> rap rundown channel.The outlet will consist of a pump station and flow measurement device. <br /> Appendices and Order of Precedence <br /> The following Appendices are included with this Contract: <br /> 1. Appendix 1,Project Summary <br /> 2. Appendix 2, Sample Option Letter <br /> 3. Appendix 3,Promissory Note <br /> 4. Appendix 4,Resolutions or Ordinance <br /> 5. Appendix 5,Security Agreement <br /> In the event of a conflict or inconsistency between this Contract and any Appendices such conflict or inconsistency shall be <br /> resolved by reference to the documents in the following order of priority: <br /> 1. Colorado Special Provisions in §24 of the main body of this Contract. <br /> 2. The provisions of the other sections of the main body of this Contract. <br /> 3. Appendix 3,Promissory Note <br /> 4. Appendix 5,Security Agreement <br /> 5. All other Appendices <br /> Principal Representatives <br /> For the State: For Borrower: <br /> Jonathan Hernandez Randy Ray,Executive Director <br /> Colorado Department of Natural Resources Central Colorado Water Conservancy District <br /> Colorado Water Conservation Board Groundwater Management Subdistrict <br /> 1313 Sherman St.,Room 718 3209 West 28th Street <br /> Denver,CO 80203 Greeley,CO 80634 <br /> Jonathan.hemandez@state.co.us rray@ccwcd.org <br /> 303-866-3441 ext. 3234 970-330-4540 <br /> Contract Number:CT2019-3687 Page 1 of 19 Version 0119 <br />