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<br />05/30/97 16:00 <br /> <br />u <br /> <br />"""""1 <br /> <br />I4i 003/003 <br /> <br />Linda Bassi <br />May 30, 1997 <br />Page 2 <br /> <br />1997 bond issuance will not conflict with or constitute a breach of or a default under any of the <br />contracts between Ute Water, its Enterprise, and CWCB. <br /> <br />Thank you very much for your assistance. If you have any questions, or need any additional <br />information, please do not hesitate to contact me. . <br /> <br />Very trUly yours, <br /> <br />WILLIAMS, TURNER & HOLMES, P.C <br /> <br />f11~ tL~~iQ <br /> <br />Mark A. Hermundstad <br /> <br />fc: Larry Clever, Ute Water <br />Fred Marienthal, Kutak Rock <br />