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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />In our opinion, Exhibits A & B, present fairly the <br /> <br />Assets & Liabilities Arising from Cash Transactions of the <br /> <br />Arkansas River Compact Administration at October 31, 1975, and <br /> <br />the results of Cash Transactions of the fiscal year then ended, <br /> <br />and Exhibit C present fairly the cash transactions of the budget <br /> <br />year ended June 30, 1975, on a basis consistent with that of the <br /> <br />previous year. <br /> <br />Respectfully submitted, <br /> <br />Crimond, Schemahorn & Co. <br />(!,tL~h(d, ,Mt'''i~/tdpu~ ;I ~ <br /> <br />Lamar, Colorado <br />November 20, 1975 <br /> <br />-3- <br />