PROJC02145

• Contract/PO #: C153382
• Contractor Name: Fruita, City of
• Contract Type: Loan
• Water District: 72
• County: Mesa
• Bill Number: SB 81-439
• Loan Projects - Doc Type: Contract Documents

3. The only modifications, alterations, or changes in the
Original Contract shall be that:
Paragraph A.S. shall read as follows:
A.S. The City Council of the Contractor will lawfully
adopt, pursuant of Section 8.21 of its City Chatter
(as attached hereto and incorporated herein by
reference as Attachment B), a specific ordinance,
which shall be irrepeaiable for the period of the
project loan, which ordinance shall issue as security
for repayment of the loan to the State in the event
of a default the revenues from future sales taxes. A
certified copy of such ordinance is attached hereto
and incorporated herein by reference as Attachment C.
Paragraph A.12. shall cead as follows:
A.12. Repay to the State the sum of Five Hundred Eighteen
Thousand Three Hundred Two Dollars and Ninety-One
Cents ($518,302.91), said payment to be made in
thirty-four (34) equal annual installments of Twelve
Thousand Two Hundred Thirty-Two Dollars and
Seventy-Four Cents ($12,232.74), with no installment
payments in the years 1987, 1988, and 1989, and in
three (3) equal a a llments of Thirty-Four
Thousand One Hund~ Nine Dollars and
Ninety-Two Cents ("~3~~), payable in the years
2007, 2008, and 2009 i installment payment
is to be made ~e~' 8 ~ nd payments are to
be made as sho 1 t ~. attached hereto and
incorporated by reference herein, until the entire
principal sum has been paid. Said installment
payments shall be made payable to the Colorado Water
Conservation Board payable at the offices of the said
Board in Denver, Colorado.
Paragraph I. shall read as follows:
Upon completion of the payment of the full purchase
price to the State in the sum of Five Hundred
Eighteen Thousand Three Hundred Two Dollars and
Ninety-One Cents ($518,302.91), as set forth in
paragraph A.12. of this contract, the Contractor
shall have no more financial obligations to the State
arising from this contract.
4. The effective date of t~tis contract amendment is
seven (7) days after the day it is dated.
Page 2 of 4 Pages
5. In the event of any conflict, inconsistency,
variance, and incongruity between the provisions of this
contract amendment and the Original Contract, the provisions of
this contract amendment shall in all respects supersede.
govern, and contcol.