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STATE OF COLORADO <br /> Colorado Water Conservation Board <br /> Department of Natural Resources <br /> 1313 Sherman Street,Room 721 /ems z <br /> Denver,Colorado 80203 = '�� n 0 <br /> Phone:(303)866-3441 <br /> Fax:(303)866-4474 • *,876 . /- <br /> www.cwcb.state.co.us ' r 9 s r/ <br /> June 2,2014 Go eW.Hickenlooper <br /> rnor <br /> Mr. Brett Ginther, Director/Treasurer Mike King <br /> Wadley Farms Filing No. 3 Homeowner's Association DNR Executive Director <br /> 15040 Harrison St. James Eklund <br /> Brighton, CO 80602 CWCB Director <br /> Re: Water Rights Purchase <br /> Loan Contract Number C150379 <br /> NOTICE OF PROJECT SUBSTANTIAL COMPLETION <br /> Dear Mr. Ginther: <br /> This letter is to advise you that the Project referenced above was substantially completed on June 1,2014. <br /> The total amount disbursed under this contract was$727,200 ($720,000 plus $7,200 for the 1% service <br /> fee). The first annual loan payment will be due on June 1,2015, in the amount of$37,101.21 as presented <br /> in the attached Promissory Note and Amortization Schedule. <br /> Please note, in accordance with the Borrower's Liability Insurance Provision of the Loan Contract, a <br /> renewed insurance certificate must be submitted to the CWCB annually and a Reserve Account must be <br /> maintained during the entire repayment period. <br /> It has been a pleasure working with you on the successful completion of this project. Please don't hesitate <br /> to call if you have any questions regarding this matter. <br /> Sincerely, <br /> KRs2Q <br /> Kirk Russell,P.E., Chief Loan Contract Amount=$727,200 <br /> CWCB Finance&Administration Section Expended Amount= $727,200 <br /> ec: Diane Hoppe, CWCB Board Member, South Platte River Basin <br /> CWCB Finance Section Staff <br /> Interstate Compact Compliance•Watershed Protection•Flood Planning&Mitigation•Stream&Lake Protection <br /> Water Project Loans&Grants•Water Modeling•Conservation&Drought Planning•Water Supply Planning <br />