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STATE OF COLORADO CONTRACT <br /> NONGOVERNMENTAL LOAN CONTRACT <br /> COVER PAGE <br /> State Agency Loan Contract Number <br /> Department of Natural Resources CMS 127646 <br /> Colorado Water Conservation Board(CWCB) CT2019-3463 <br /> 1313 Sherman St,Room 718 <br /> Denver,CO 80203 <br /> Borrower's Name and Address Loan Contract Project Performance Beginning Date <br /> Left Hand Ditch Company The Loan Effective Date <br /> 209 Murray St.,Unit B Loan Contract Project Perf rmance End Date <br /> Niwot,CO 80544 Three(3)years from the Proj4ct Performance Beginning <br /> Entity type Date or upon the Project Performance End Date stated within <br /> Nonprofit-Ditch Company CWCB's"Notice of Project Substantial Completion." <br /> Base Loan Amount(Amount in CORE) Loan Effective Date <br /> $665,000.00 The Effective Date(the date t State Controller or an <br /> One Percent(1%)Loan Origination Fee authorized delegate signs this Loan Contract). <br /> $6,650.00 Loan Contract Terms <br /> Total Loan Amount(Includes One Percent(1%) 2.50%for 30 years <br /> Origination Fee <br /> $671,650.00 <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 /> Allen's Lake Filler Canal Improvements <br /> Contract Purpose <br /> The purpose of the Project is to prevent water loss by piping a 2,400-foot section of ditch that experiences significant seepage <br /> and is prone to embankment failure. <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 <br /> 5. Appendix 5,Security Agreement <br /> 6. Appendix 6,Deed of Trust <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§26 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. Appendix 6,Deed of Trust <br /> 6. All other Appendices <br /> Principal Representatives <br /> For the State: For Borrower: <br /> Jonathan Hernandez Terry Plummer,Superintendent <br /> Colorado Water Conservation Board Left Hand Ditch Company <br /> 1313 Sherman St.,Room 718 P.O.Box 229 <br /> Denver,CO Niwot,CO 80544 <br /> 303-866-3441 x3234 720-629-0232 <br /> Jonathan.hernandez@state.co.us lefthandditchco@gmail.com <br /> Contract Number:CT2019-3463 Page 1 of 20 Version 0119 <br />