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<br />. <br /> <br />. <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />Page 4 <br />April 3, 1992 <br /> <br />7. Assuming due authorization, execution and delivery by the <br />other parties to the Contract, the Contract constitutes a valid and <br />legally binding obligation of Trinchera. <br /> <br />Use of Opinion <br /> <br />As stated above, this op~n~on is solely for the benefit of the <br />parties to whom this opinion letter is addressed and may not be <br />relied upon, used, circulated, quoted or referred to by, nor may <br />copies hereof be delivered to, any other person for any purpose <br />without our firm's prior written approval. We are rendering no <br />opinion except those expressly stated herein. <br /> <br />No other person or entity, other than the parties to whom this <br />opinion letter is addressed, may quote from, in whole or in part, <br />use or rely upon this opinion for any purpose, nor is it to be <br />filed with any governmental agency other than Colorado Water <br />Conservation Board without the prior written consent of this firm. <br />We disclaim any obligation to update this opinion letter for events <br />occurring after the date hereof. <br /> <br />JKL/lsr <br />Enclosures <br />cc: Trinchera Irrigation Company <br />HAND DELIVERED <br /> <br /> <br />LESTER <br /> <br />{;l- <br /> <br />Lester <br /> <br />o enclosures <br />