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<br />.. <br /> <br />~ <br /> <br />Members <br />NSPA <br />PASC <br /> <br />. <br /> <br />Certified Public Accountanls <br /> <br />. <br /> <br />Ronald D. Anderson, P.A. <br />Gary L. Anderson, C.P.A. <br />Cynthia S. Anderson, A.B.A. <br /> <br />February 12, 1996 <br /> <br />Board of Directors <br />Buffalo Mutual Irrigation Company <br />Holly, CO 81047 <br /> <br />Dear Board Members; <br /> <br />The accompanying balance sheet and statement of cash receipts and disbursements of <br />Buffalo Mutual Irrigation Company as of December 31,1995, and the statement of unpaid <br />assessments have been compiled by us. <br /> <br />A compilation is limited to presenting in the form of financial statements information that <br />is the representation of management. We have not audited or reviewed the accompanying <br />financial statements and accordingly do not express an opinion or any other form of <br />assurance on them. <br /> <br />We are unaware of any material modifications. <br /> <br />Respectfully submitted, <br /> <br />ANDERSON & COMPANY, P,C. <br /> <br />RDA/ca <br /> <br />4th & Parmenter <br /> <br />. <br />(719) 336-7785 <br /> <br />P. O. Box 1077 <br /> <br />. <br />FAX: (719) 336-7786 <br /> <br />Lamar, Colorado 81052 <br />