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STATE OF COLORADO CONTRACT <br /> INTERGOVERNMENTAL LOAN CONTRACT <br /> COVER PAGE <br /> State Agency Loan Contract Number <br /> Colorado Department of Natural Resources CMS 117476 <br /> Colorado Water Conservation Board(CWCB) CT2019-2792 <br /> 1313 Sherman St,Room 718 <br /> Denver,CO 80203 <br /> Borrower's Name and Address Loan Contract Project Performance Beginning Date <br /> Arabian Acres Metropolitan District, The Loan Effective Date <br /> acting by and through the water activity enterprise Loan Contract Project Perfoimance End Date <br /> c/o Kevin Walker,AAMD District Mgr. Five(5)years from the Project Performance Beginning Date <br /> Walker Schooler District Managers or upon the Project Performanc End Date stated within <br /> 614 Tejon St.,Colorado Springs,CO 80903 CWCB's"Notice of Project Substantial Completion." <br /> Entity Type <br /> Governmental-Water Activity Enterprise <br /> Base Loan Amount(Amount in CORE) Loan Effective Date <br /> $400,000.00 The date the State Controller or an authorized delegate signs <br /> One Percent(1%)Loan Origination Fee this Loan Contract. <br /> $4,000.00 <br /> Total Loan Amount(Includes One Percent(1%) Loan Contract Terms <br /> Origination Fee 1.85%for 10 years <br /> $404,000.00 <br /> Contract Authority <br /> Authority to enter into this Cot tract exists in§37-60-119(2), <br /> C.R.S., §37-60-120,C.R.S.,an 1§37-60-121,C.R.S. <br /> Project Name <br /> Automatic Meter Implementation <br /> Contract Purpose <br /> The purpose of project is to improve the district's operational efficiency by upgrading its water system to improve the water <br /> meters that no longer accurately measure water flow. <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 <br /> shall be 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 /> Rachel Pittinger,Project Manager Kevin Walker,AAMD District Manager <br /> Department of Natural Resources Arabian Acres Metropolitan District <br /> Colorado Water Conservation Board c/o Walker Schooler Districts Managers <br /> 1313 Sherman St.,Room 718 614 N.Tejon Street <br /> Denver,CO 80203 Colorado Springs,CO 80903 <br /> Rachel.pittinger@state.co.us jennifer@aametro.net <br /> 303-866-3441 x3254 719-505-3823 <br /> Contract Number:CT2019-2792 Page 1 of 19 Version 0119 <br />