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THIS Amendment modifies the WATER LEASE by and between Loloff Construction, <br />Inc. ( "Loloff Construction ") and the Platte River Power Authority ( "Platte River ") sometimes <br />collectively referred to as "the Parties" dated November 9, 2011. <br />The Water Lease is modified by the revision of paragraph 1.a as follows: <br />1. a. Platte River will lease to Loloff Construction a portion of its current balance in <br />Fossil Creek Reservoir, a quantity of approximately 2.8 acre feet in February 2012, <br />2.8 acre feet in March 2012, 6.0 acre feet in November 2012, and 4.6 acre feet in <br />December 2012 for a total of 16.2 acre feet of reusable water, to be delivered from <br />Fossil Creek Reservoir. This release will be coordinated by the Poudre River Water <br />Commissioner with review and concurrence by North Poudre. The Poudre River <br />Water Commissioner will determine the actual amount of water presently held by <br />Platte River in the Fossil Creek Reservoir that is delivered to Lafarge and payment <br />will be made on the actual amount delivered. <br />DATED this day of January, 2012. <br />PLATTE RIVER POWER AUTHORITY LOLOFF CQSTRUCTION, INC. <br />r '/ <br />By: �' 1J�AG t- B <br />Y By: <br />General Manager <br />WATER LEASE AMENDMENT #1 <br />Title: r ecl-S <br />