C150002 Contract

• Contract/PO #: C150002
• Contractor Name: Grand Valley Water Users' Association
• Contract Type: Grant
• Water District: 0
• Bill Number: SB 97-8
• Loan Projects - Doc Type: Contract Documents

inoperative for any reason, such invalidity or failure shall not affect the validity of any other term
or provision hereof. The waiver of any breach of a term hereof shall not be construed as waiver
of any other term.
10. Assignment. The Parties may not assign rights or duties under this contract without the
prior written consent of the other Parties. This Contract shall inure to the benefit of and be
binding upon the successors and agents of the Parties hereto.
11. Integration of all understandings. This Contract is intended as the complete integration of
all understandings between the parties. No prior or contemporaneous addition, deletion, or
other amendment hereto shall have any force or effect whatsoever unless embodied herein in
writing. Any party may propose, in writing, amendments to this contract, which may become
effective upon being reduced to a written instrument executed by duly authorized
representatives of all Parties. No subsequent novation, renewal, addition, deletion, or other
amendment hereto shall have any force or effect unless embodied in a written contract executed
and approved pursuant to STATE fiscal rules and to federaf law.
12. Mediation. In the event of disagreement between the Parties involving the application or
interpretation of any provisions of this Contract, payment of bills associated with this Contract, or
performance hereunder, the matters involved in the disagreement shall, upon demand of any of
the Parties, be discussed at a meeting between the Parties. Attempted resolution through such
a meeting shall be a condition precedent to any right to institute proceedings through mediation.
In the event the Parties are unable to agree, then any of the Parties may demand that the
matter be submitted to mediation in accordance with the Commercial Mediation Rules of the
American Arbitration Association (or any successor organization). Each Party shall bear its own
costs and expenses incurred in such mediation.
13. Captions and negotiations. The captions and headings contained in this contract are for
convenience and reference only and shall not be construed so as to define or limit the terms or
provisions contracted herein. This Contract was produced as a result of negotiations between
the Parties and shall not be construed against any Party as the drafter of this Contract.
14. Notification clause. All notices, correspondence, or other documents required by this
contract shall be made in writing and may be given by delivering the same in person, by mail, or
by telecopy (FAX) and said notices shall be effective only if and when received at the address to
be notified. The designation of the addressee or the address may be changed by notice given in
the same manner as provided in this section.
For the State: Colorado Water Conservation Board, 1313 Sherman Street, Room 721, Denver,
CO 8Q203, Attn.: Construction Fund Section. Fax: [phone].
For Association: Manager, 1147 24 Road, Grand Junction, CO 81505. Fax: [phone]
For Reclamation: Area Manager, 2764 Compass Drive, Grand Junction, CO 81506. Fax: 970-
248-0601.
15. Adequacy of fund assets. Anticipated lmprovements Grant fund expenditures were
projected over a 50-year project life. An average inflation index was used to project future costs
and an assumed interest rate was used to project interest earned on the principal funds in the
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