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C153514 PIF Contract
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C153514 PIF Contract
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Last modified
11/19/2009 11:30:22 AM
Creation date
9/22/2008 11:50:25 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C153514
Contractor Name
Farmers Water Development Company
Contract Type
Loan
Water District
60
County
San Miguel
Bill Number
SB 87-15
Loan Projects - Doc Type
Contract Documents
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<br />Said general liability insurance shall name the <br />Contractor and the State as co-insureds. No payments <br />shall be made to the Contractor under this contract <br />unless copies of current certificates of all such <br />insurance have been obtained by the Contractor and <br />filed with the State. <br /> <br />6. Permit periodic inspection of construction by <br />authorized representatives of the State during and after <br />construction. <br /> <br />7. Without expense to the State, manage, operate, and <br />maintain the project continuously in an efficient and <br />economical manner. and assume all legal liability for such <br />management. operation. and maintenance. The Contractor agrees <br />to indemnify and hold the Stat~ha ss from any liability <br />incurred by the State as a i t he State's interest in <br />the project facilities and roperty identified in <br />paragraph B.13. below. The tractOt;~l maintain <br />comprehensive general liab~'li y.~u c overing the <br />management. operation, a~ 'n he project from the <br />time it accepts the const d rOJect as sUbstantially <br />completed until it comple es repayment to the State. in at <br />least the following amounts: <br /> <br />a. For any injury to one person in any single <br />occurrence. the sum of Five Hundred Thousand Dollars <br />($500.000). <br /> <br />~ <br />RPl]J <br /> <br />b. For any injury to two or more persons in any single <br />occurrence. the sum of One Million Dollars ($1.000.000). <br /> <br />c. For any damage to property, the sum of ~~~ndred <br />Thousand Dollars ($~.OOO) for each occurrence. <br />Jj-o() <br />Said general liability insurance shall name the State <br />as a co-insured. A copy of a certificate of said <br />liability insurance must be filed with the State prior <br />to the start of the operation of the project system. <br />Such certificate shall be incorporated herein as part <br />of this contract. <br /> <br />8. Make the services of said project available within its <br />capacity to all persons in the Contractor's service area <br />without discrimination as to race, color. religion. or natural <br />origin at reasonable charges (inClUding assessments. taxes, or <br />fees), whether for one or more classes of service, in <br />accordance with a schedule of such charges formally adopted by <br />the Contractor through its elected officers. as may be modified <br />from time to time. The initial rate schedule must be approved <br />in writing by the State. Thereafter. the Contractor may, <br />sUbject to the approval of the State. make such modifications <br />to the rate schedule as the Contractor deems necessary to <br />efficiently and economically provide for the financial <br />requirements of the system, including repayment of the State, <br />as long as the rate schedule remains reasonable and <br />non-discriminatory. <br /> <br />9. Pursuant to its By-Laws. adjust its operating costs and <br />service charges and levy assessments from time to time as <br />necessary, upon written notice from the State, to provide <br />sufficient funds for adequate operation and maintenance, <br />emergency repair services. obsolescence reserves, and debt <br />reserves. and to assure repayment of the project loan to the <br />State as provided herein. <br /> <br />10. Provide the State with such periOdic reports as the <br />State may require and permit periOdic inspections of its <br />operations and accounts by a designated representative of the <br />State. <br /> <br />Page ~ of 10 Pages <br />
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