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STATE OF COLORADO � <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />131) Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FqX: (303) 866-4474 <br />www.cwcbstate.co.us <br />January 29, 2Q02 <br />Boulder & Left Hand Irrigation Company <br />Attn: John Brunner, Vice President <br />7437 North 95'" Street <br />Longmont, CO 80504 <br />SUBJECT: Loan Contract C150009 <br />Dear Mr. Brunner: <br />Bill O�xens <br />Govemor <br />GregE. Walcher <br />Execudve D'uector <br />Rod Kuharich <br />CW CP Direc[or <br />Dan McAuliffe <br />Depury Director <br />This is to acknowledge receipt of the letter dated January 17, 2002, from John Henderson, the <br />company's attorney, This letter notified the CWCB that the Company had arranged for the sale <br />of its surface rights at Twin Lakes property, which is the current collateral for the above <br />referenced loan contract, to the Boulder County Parks and Open Space. The Company's <br />Hayden Lake property was proposed as suitable substitute collateral since it is worth at least as <br />much as the principal loan amount. <br />Enclosed is the Amendment to Contract C150009 to substitute collateral. Please have the <br />president sign where indicated by the "sign here" stickers, his signature attested by the <br />corporate secretary, and the corporate seal a�xed. <br />I will be out of the o�ce from February 7 and returning on February 15t6. If you can get the <br />signed contract documents to me before next Tuesday, February 3rd, I can send them to the <br />State Controller's Office for final approval. Otherwise, they will not be processed until I return on <br />the 15'h. <br />Once the contract amendment obtains finat approvai, I will have the Release signed by the <br />CWCB Director and send it to Bou�der County for recording. I will provide the Company with the <br />original after it is recorded. <br />Please contact me at 3�3-866-3441 if you have a�y questions. <br />� <br />n, Contract Administrator <br />pply Planning and Finance Section <br />cc: Henderson, Esq. <br />Poznanovic, AGO <br />CWCB Gontract File <br />CWCB Chrono File <br />