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DNR COLORADO <br /> CO Colorado Water <br /> Conservation Board <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 718 <br /> Denver, CO 80203 <br /> P 303.866.3441 F 303.866.4474 <br /> January 12,2018 <br /> VIA CERTIFIED MAIL <br /> 7016 1370 0000 5878 4429 <br /> Ms.Valerie Vuong,Division Order Analyst <br /> Terra Energy Partners <br /> 4828 Loop Central Drive Suite 900 <br /> Houston,TX 77081 <br /> Subject: Vendor No. 009932 <br /> Transfer to the Town of Parachute <br /> Dear Ms.Vuong: <br /> Per our discussions, the Town of Parachute (Town) has finalized its loan obligations to the <br /> Colorado Water Conservation Board(CWCB). The Quit Claim Deed dated December 19, 2017,has been <br /> recorded December 21,2017,which transfers the collateral back to the Town that is relative to the Oil and <br /> Gas Lease with TEP Rocky Mountain LLC. Please change the Royalty Owner to the Town from CWCB <br /> and remit the payments to the Town. <br /> Attached for your review and handling are: <br /> • Copy of Quit Claim Deed,Reception No. 901541,recorded in Garfield County; <br /> • The Town of Parachute's W-9 to update your records and remit payments; and <br /> • Check No.419233,dated December 22,2017, in the amount of$243.27,which should be <br /> reissued to the Town of Parachute. <br /> Should you have any questions, please contact me at Telephone No.(303) 866-3441, ext. 3205 or <br /> email at steve.biondo@state.co.us. Thank you very much for your assistance in this transition. <br /> Very truly yours, <br /> v <br /> S. S.Biondo <br /> Finance Manager <br /> Finance Section <br /> Attachments <br /> P 303.866.3441 F 303.866.4474 www.cwcb.state.co.us - o\ <br /> John W. Hickenlooper, Governor I Robert Randall, DNR Director Rebecca Mitchell, CWCB Director <br /> (-- <br /> 1 <br />