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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 />. <br /> <br />In our opinion, Exhibits A & S, present fairly the <br /> <br />Assets & Liabilities Arising from Cash Transactions of the <br /> <br />Arkansas River Compact Administration at October 31, 1976, and <br /> <br />.the results of Cash Transactions for the fiscal year then ended <br /> <br />and Exhibit C presents fairly the cash transactions of the budget <br />year ended June 3D, 1976, on a basis consistent with that of the <br /> <br />previous year. <br /> <br />~c..~v~~~ ,~~1~~()1^-'--^-N_ \. t.. <br /> <br />Lamar, Colorado <br />November 12, 1976 <br /> <br />-3- <br />