PROJC02294 ‎(2)‎

• Contract/PO #: C153396
• Contractor Name: Fruita, City of
• Contract Type: Loan
• Water District: 72
• County: Mesa
• Bill Number: SB 81-439
• Loan Projects - Doc Type: Contract Documents

6" and 2" pressure reducing valves and required concrete vault at
corner of Coulson and Pine.
The warranty deed must be recorded by the Contractor
in the proper county or counties and all transfer taxes shall be
paid by the Contractor.
6. Permit periodic inspection of construction by
authorized representatives of the State during and after
construction.
7. Without expense to the State, manage, operate, and
maintain the project system continuously in an efficient and
economical manner, and assume all legal liability for such
management, operation, and maintenance. The Contractor agrees
to indemnify and holy] the State harmless from any liability as
a result of the State's ownership of the project facilities
identified in paragraph 5 above. The Contractor shall maintain
general liability insurance covering the management, operation,
and maintenance of. the project system until it has completed
purchase of the project system from the State in at least the
following amounts:
a. For any injury to one person in any single
occurrence, the sum of One Hundred Fifty Thousand
Dollars ($150,000).
b. For any injury to two or more persons in any
single occurrence, the su ur Hundred Thousand
Dollars (5400,000).
Said liability insu all na he State as a
co-insured. A copy of a cer ificate id i bility
insurance must be filed with t o a o w Conservation
Board prior to the start, o a the project
system.
8. Make the services of said project available within its
capacity to all persons in the Contractor's service area
without discrimination as to race, color, religion, or natural
origin at reasonable charges including assessments, taxes, or
fees in accordance with a schedule of such charges, whether for
one or more classes of service, formally adopted by the
Contractor through its board of directors, as may be modified
from time to time by the Contractor. The initial rate schedule
must be approved by the State. Thereafter, the Contractor may,
subject to the approval of the State, make such modifications
to the rate schedule as the Contractor deems necessary to
efficiently and economically provide for the financial
requirements of the system as long as the rate schedule remains
reasonable and non-discriminatory.
9. Adjust its operating costs and service charges from
time to time to provide for adequate operation and maintenance,
emergency repair services, obsolescence reserves, and debt
reserves.
10. Expand the system from time to time to meet reasonable
growth or service requirements in the area within its
jurisdiction.
11. Provide the State with such periodic reports as it may
require and permit periodic inspections of its operations and
accounts by a designated representative of the State.
12. Purchase from the State all of the State's right, title,
and interest in said project and any facilities thereof at a
total purchase price of One Million Two Hundred Twenty-Eight
Thousand Three Hundred Seventy Dollars and Fifty-Six Cents
(51,228,370.56) payable in Forty (40) annual installments of
Paye 3 of 7 Pages