PROJ01899

• Contract/PO #: C153686
• Contractor Name: Red Mesa Ward Reservoir and Ditch Company
• Contract Type: Grant
• Water District: 0
• Bill Number: HB 95-1155
• Loan Projects - Doc Type: Contract Documents

$15,000

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\.l~ - CONTRACT

DEPARTMENT OF AGENCY NAME
DEPARTMENT OR AGENCY NUMBER PDA-
ROUTl NG NUMBER 9 .6~';;' 5 ~

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TIllS CONTRACf, made this ~ day 0 . i994', by and between the State of Colorado for the

use and benefit of the Department of Natural Res ces

(Colorado Water Conservation Board)
referred to ,as the State, and The Red Mesa Ward Reservoir and Ditch Company
1290 County Road 102. Hesperus. CO 81326

hereinafter

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_hereinafter referred to as the borrowerlBorrower.

WHEREAS, .......... ""'. m '" Low md Fun'" "." .... d....~ .:Q __..... ...""" md . """'"'"
unencumbered balance thereofrerilains available for payment in Fund N r 424. Organization YYYY ,Appropriation 631program
WTRC . Object Code 5/ ~o , Contract Encumbrance Number; C (.8' t, . and

WHEREAS, -"'" '.Im,;, cl,~ e= have .... -mpl""'" limn md with """""'"'" ....cio<; ...

WHEREAS, p~s to the provisions of section 37-60-119, Colorado Revised Statutes,
as amended, the Sta . au orized to loan money for the construction or implementation of
certain water projects fo benefit of the people of the State of Colorado; and

WHEREAS, pursuant to the provisions of section 37-60-122(1)(c), Colorado Revised
Statutes, as amended, the Colorado Water Conservation Board is authorized to expend moneys
for feasibility investigations or studies, provided that the cost of any such feasibility
investigations or studies shall be considered a part of the total project cost if such project is
subsequently constructed, and

WHEREAS, The Borrower has made application to the State for a loan to conduct a
feasibility study to evaluate alternatives for the rehabilitation of the Red Mesa Ward Dam to
include, but not limited to, repair of the outlet, enlargement of the emergency spillway, and
enlargement of the dam; such rehabilitation work hereinafter sometimes referred to as The
Project; and -

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