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<br />TIIF: Dow LAW FIR~I. U.C <br /> <br />A TTOR:\EYS "'SD COL':-;SI1-0RS...T L.... W <br /> <br />H"lOTlIY J DOW. \lBA. J[) <br />PArRln" r [XlW.CPA.JD,LL\l" <br /> <br />PO.MOX 1578 <br />FORT ("OI.L1~S, COLORADO ~o~n.15." <br />("70)-IQ".9900 <br /> <br />~ 7 CLOCK TOWER SQl:ARE <br />J23 SOl'Tll COUHiE A VE-"[;E <br />fORT COl.USS. COLORADO 8052-1 <br /> <br />\1..\ YO SO\l\lER\lfYFR. PCu <br />rWCO\'''SFL <br /> <br />F.-\X (\170) -1'I~.<}(IMo <br />10.\1.-\11. do".<.l,Jo"I....lim,wnl <br /> <br />2312C"\RIOY AVE:-<l'E <br />CHEYE-.;'E. W~'O\tI"G 82001 <br />(307) ~3-1-1541 <br /> <br />'^'50"""'Tllpm"__'(T'UlA"'r"!""""H <br />.."SOW"'fTHlTO....'(;l("TI..""\H'O...I'... <br /> <br />December 2. 2002 <br /> <br />Janis lilian, Contract Administrator <br />Water Supply Planning and financing Section <br />Colorado Water Conservation Board <br />] 580 Logan St.. Suite 750 <br />DCIl\'cr. CO 80203 <br /> <br />Re: Larimer & Weld Irrigation Company <br />Loan Contract C150109 <br /> <br />Dear Ms. Il1ian: <br /> <br />Please be advised 1ha1 this fiml represents the Larimer & Weld Irrigation Company <br />(""L\\'IC') as their general legal counsel. You have provided various documents conceming the <br />referenced contract 10 L WIC with your letter of instruction dated October 14. 2002. In <br />connection with this malter. we have reviewed the following: <br /> <br />I. Your k:tter dated October 24.2002. <br /> <br />2. Loan Contract Cl50109 dated December 1.2002. <br /> <br />J. Project Summary - Larimer & Weld Contract :\0. Cl501 09 - Appendix 1 to Loan <br />Contract :\0. C 1501 09. <br /> <br />4. Promissory Note dated November I. 2002. being Appendix 2. to Loan Contract <br />C150109. <br /> <br />5. Resolution of the Shareholders of the Larimer 8.: \Veld Irrigation Company. being <br />Appendix Ja to Loan Contract C150109. <br /> <br />6. Resolution of tile Board of Directors of the Larimer & \Veld Irrigation Company. <br />being Appendix 3b to Loan Contract C150109. <br /> <br />7. Security Agreement (Pledge of Rc\'enues) dated ;-..rO\'ember 1. 2002. being <br />Appendix 4 to Loan Contract C150109. <br />