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<br />. <br /> <br />. <br /> <br />MacDOUGALL, WOLD RIDGE & WORLEY, P. C. <br />530 Communication Circle, Suite 204 <br />Colorado Springs, CO 80905-1743 <br /> <br />M.E. MacDougall <br />Julianne M. Waldridge <br />Henry D. Worley <br /> <br />sandy@waterlaw.tv <br /> <br />Telephone <br />(719) 520-9288 <br />Fax <br />(719) 520-9447 <br /> <br />July 26, 2001 <br /> <br />Colorado Water Conservation Board <br />Attn: Construction Fund Section <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />RE: City of Victor, acting by and through the City of Victor, <br />Colorado, Water and Wastewater Enterprise, Contract <br />No. C150081, loan Amount $600,000.00 <br /> <br />Dear ladies and Gentlemen: <br /> <br />This firm represents the City of Victor, acting by and through the City of Victor, <br />Colorado, Water and Wastewater Enterprise (herein "the Borrower"). <br /> <br />Pursuant to Section 5, Contract No. C150081 (herein "the Contract"), you are <br />hereby informed that it is the opinion of the undersigned that: <br /> <br />a. the contract will be duly executed by officers of the BORROWER <br />who are duly elected or appointed and are authorized to execute <br />the contract and to bind the BORROWER; <br /> <br />b. the resolutions of the BORROWER authorizing the execution and <br />delivery of the contract were duly adopted by the governing bodies <br />of the BORROWER; <br /> <br />c. there are no provisions in the Colorado Constitution or any other <br />state or local law that prevent this contract from binding the <br />BORROWER; and <br /> <br />d. the contract will be valid and binding against the BORROWER if <br />entered into by the STATE. <br /> <br />122-59,122-84 r:\LindaWictor\CWCB 07-16-01 <br />