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<br />) <br /> <br />) <br /> <br />~~c~ <br />LLC /lop 7~b <br />'4 <br />Ca;':~'<", ' t9,9l <br />'"" <br />BfUlCb Offices ~,4;.":. <br /> <br />WICK CAMPBELL BRAMER UKASICK & TRAUTWEIN, <br />AITORNEYSATLAW <br /> <br />JAMES D. BRAMER. <br />KENf N. CAMPBELL <br />KATHRYN S. LONOWSKI <br />ROBERT 1. PENNY'" <br />KIMBERLY B. SCHUTT <br />BLAIR 1. 1R.AUTWEIN* <br />TROY A. UKASICK. <br />ROBIN L. WICK <br /> <br />#3 CLOCK TOWER SQUARE. <br />323 sourn COLLEGE AVENUE <br />P.O. BOX2166 <br />FORT COlLINS, COLORADO 80522 <br />(970)482-4011 <br />FAX (970) 482-8929 <br /> <br />2312 CARBY AVENUE <br />CHEYENNE, WYOMING 82001 <br />(301) 632-0323 <br /> <br />1295 MAIN STREET <br />THE SHOPS AT WESTWOOD <br />BUll.OINGONE SUlTE3 <br />WINDSOR, COLORADO 80S50 <br />(970) .'&6005 <br /> <br />.ALIOADMrI'IEDINWYOMIN'O <br /> <br />November 13, 1997 <br /> <br />Ms. Jan lllian <br />Colorado Water Conservancy Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Via: Fax (303) 866-4474 <br /> <br />Re: Colorado Water Conservancy BoardlDecker Lateral Company Loan Contract <br /> <br />Dear Ms. Illian: <br /> <br />This::letter followsour.recenkco~yersations,regardi!1gthedr~ of the Loan Contract <br />between the State of Colorado for the use arid benefit of the DepiUtnient' 6(Nafurai.'Resources, <br />the Colorado Water Conservancy Board (CWCB) and our client, the Decker Lateral Company. <br />The purpose of this letter is to address the requirement in paragraph A. 8 which requires the <br />company to provide the CWCB with an opinion letter from its attorney addressing the items in <br />paragraph A.8. <br /> <br />From the information that has been provided to our office it is our understanding that Curt <br />L, Johnston, Vice-President of the Decker Lateral Company, was duly elected and has the <br />authority to sign all documents related to the Loan Contract between the State of Colorado and <br />the Decker Lateral Company concerning the loan which is to be used for financing and <br />rehabilitation of the Decker Lateral Company ditch. Mr. Johnston has the authority to sign any <br />such documents related to this loan on behalf of the Decker Lateral Company and for binding the <br />Decker Lateral Company. It is our understanding that the shareholders and Board of Directors of <br />the Decker Lateral Company have already adopted resolutions approving this contract. To our <br />knowledge there are no provisions in the borrower's Articles of Incorporation or Bylaws or any <br />state or local law which would prevent this contract from binding the Decker Lateral Company, <br />and the contract will be valid and binding against the Decker Lateral Company if entered into by <br />the State of Colorado. <br /> <br />fo'... .' .":,.:; .,;''; ~."; :' <br />.' ',. . . . ...., <br />.Pleasdeel free to contact our office if you have any further questioris orcoimmints: " , , <br />. .... ,'-. ", "', ,'i" ',"',.: _: '--'t .:;:.., ':'-';.'-,~<, t>.~:... <br /> <br />'''. ":,~r~. -,"" . <br />