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<br />J <br /> <br />o <br />p <br /> <br />B <br /> <br />E <br /> <br />H <br /> <br />E <br /> <br />N <br /> <br />E <br /> <br />R <br /> <br />Certified Public Accountants, P.C. <br /> <br />November 29, 2000 <br /> <br />To the Board of Directors <br />Consolidated Home Supply Ditch <br />and Reservoir Company <br />Loveland, CO 80537 <br /> <br />We have compiled the accompanying statement of financial position of <br />Consolidated Home Supply Ditch and Reservoir Company (a nonprofit <br />organization) as of October 31, 2000, and the related statements of activities <br />and cash flows for the year then ended in accordance with Statements on <br />Standards for Accounting and Review Services issued by the American Institute <br />of Certified Public Accountants. <br /> <br />A compilation is limited to presenting in the form of financial statements <br />information that is the representation of management, We have not audited or <br />reviewed the accompanying financial statements, and accordingly, do not <br />express an opinion or any other form of assurance on them. <br /> <br />Sincerely, <br /> <br />~~. <br /> <br />Martin J. Hepner <br />Certified Public Accountant <br /> <br />, <br />, <br />j <br />. <br />, <br /> <br />I <br /> <br />j <br /> <br />f <br />l <br /> <br />rado 80537 970-669-0700 Fax 970-669-0786 Toll Free 866-400-4272 <br />