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PROJC01460
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PROJC01460
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Last modified
1/12/2012 9:50:06 AM
Creation date
11/15/2006 2:12:35 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150006
Contractor Name
Palisade, Town of
Contract Type
Loan
Water District
72
County
Mesa
Bill Number
HB 95-1155
Loan Projects - Doc Type
Contract Documents
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<br />BORROWER'S obligations under this contract, with valuable consideration, upon such terms and <br />conditions as the STATE may determine to be: <br /> <br />a. advisable to further the purposes of this contract or to protect the STATE'S financial interest <br />therein, and <br /> <br />b. consistent with both the statutory purposeS of this contract and the limitations of the statutory <br />authority under which it is made. <br /> <br />8. Casualty and eminent domain. If, at any time, during the term of this contract, (a) the <br />BORROWER'S PROJECT facilities, including buildings, or any portion thereof, are damaged or <br />destroyed, in whole or in part, by fire or other casualty, or (b) title to or use of the PROJECT <br />facilities or any part thereof shall be taken under the exercise of the power of eminent domain, <br />the BORROWER shall cause the net proceeds of any insurance claim or condemnation award to <br />be applied to the prompt replacement, repair and restoration of the PROJECT facilities or any <br />portion thereof. Any net proceeds remaining after such work has been completed shall be paid to <br />the BORROWER. If the net proceeds are insufficient to pay the full cost of the replacement, repair <br />and restoration, the BORROWER shall complete the work and pay any cost in excess of the net <br />proceeds. <br /> <br />9. Services of PROJECT available without c:liscrimination. The BORROWER shall make the <br />services of said PROJECT available within its capacity to all qualified persons in the BORROWER'S <br />service area without discrimination as to race, color, religion, or natural origin at reasonable <br />charges (including assessments, taxes, or fees), whether.for one or more classes of service, in <br />accordance with a schedule of such charges formally adopted by the BORROWER through their <br />ordinances or resolutions. <br /> <br />10. Captions. That the captions and headings contained in this contract are for convenience and <br />reference only and shall not be construed so as to define or limit the terms or provisions <br />contracted herein. <br /> <br />11. STATE'S approval. This contract requires review and approval of plans, specifications, and <br />various other technical and legal documents. The STATE'S review of these documents is only for <br />the purpose of verifying the BORROWER'S compliance with this contract and shall not be <br />construed or interpreted as a technical review or approval of the actual design or construction of <br />the PROJECT. Notwithstanding any consents or approvals given to the BORROWER by the STATE <br />on any such documents, the BORROWER and its CONSULTANT, in preparing any such documents <br />shall be solely responsible for the accuracy and completeness of any of said documents. <br /> <br />12. Addresses for mailing. All notices, correspondence, or other documents. required by this <br />contract shall be delivered or mailed to the following addresses: <br /> <br />For the STATE: For the BORROWER: <br /> <br />Colorado Water Conservation Boarc:l <br />Attn: Construction Fund Section <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Town of Palisade <br />Attn: Town Administrator <br />P.O, Box 128 <br />Palisade, CO 81526-0128 <br /> <br />D. SPECIAL PROVISIONS (6/97 version). State Fiscal Rule 3-1 requires the inclusion of these <br />Special Provisions in every STATE contract, including grants. <br /> <br />Town of Palisade <br /> <br />Page 8 of 11 <br />
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