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<br />05/30/97 16:00 <br /> <br />u <br /> <br />JaJ 003/003 <br /> <br />Linda Bassi <br />May 30,1997 <br />Page 2 <br /> <br />1997 bond issuance will not conflict with or constitute a breach of or a default under any of the <br />contracts between Ute Water, its Enterprise, and CWCB. <br /> <br />Thank you very much for your assistance. If you have any questions, or need any additional <br />infonnation, please do not hesitate to contact me. . <br /> <br />Very trUly yours, <br /> <br />WILLIAMS, TURNER & HOLMES, PC <br /> <br />fl1 a.1r h -~~JJ2 <br /> <br />Mark A. Hermundstad <br /> <br />fc: Lany Clever, Ute Water <br />Fred Marienlhal, Kutak Rock <br />