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<br />, <br /> <br />purpose of minimizing the impact of loan repayment on SLCA-IP rates. This provision <br />. shall specify a date by which Western must notify the CWCB of its intent to not remit a <br />loan payment, and shall provide that interest shall continue to accrue to the loan and that <br />late charges shall not apply. <br />3.1.3 A provision or provisions indicating the basis for concluding that no collateral or security <br />interests are required to assure repayment of the loan. <br />3.1.4 A provision or provisions indicating that the CWCB, Reclamation and Western shall <br />adhere to all applicable federal, state, and local laws and regulations that are in effect or <br />may be established throughout the term of the contract. <br />3. 1.5 A provision or provisions indicating that no funds shall be used to exercise the power of <br />eminent domain. <br /> <br />3. I .6 A provision or provisions indicating that the financial obligations of the State of Colorado <br />and Western payable after the current fiscal year are contingent upon funds for that <br />purpose being appropriated, budgeted, and otherwise made available. <br /> <br />. <br /> <br />Signed: <br /> <br />. <br /> <br />7 <br />