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

b. Upon receipt and approval by the State of such
monthly estimate, the State will, within forty (40)
days from the receipt of such estimate, pay over to
the Contractor the amount of the monthly estimate or
such portion thereof as has been approved by the
State.
c. No payments will be made under this contract
until the project plans and specifications referred
to in paragraph A.1. above are approved by the State.
2. Provide the Contractor with such technical assistance
as the State deems appropriate in planning, constructing, and
operating the project and in coordinating the project with
local official comprehensive plans for sewer and water and with
any State or area plans F.or the area in which the project is
1.ocatecl.
D. This contract is not assignable by the Contractor except
with written approval of the State.
E. The Contractor shall not convey or sell any portion of the
project without prior written authorization from the State
until the Contractor has completed its payment obligation as
set forth in paragraph A.12. above. The parties to this
contract intend that the relationship between them contemplated
by this contract is that of employer-independent contractor.
No agent, employee, or servant of the contractor shall be or
shall be deemed to be an employee, agent, or servant of the
State. The Contractor will be solely and entirely responsible
for its acts and the acts of it e s gees, servants,
and Subcontractors during the pe f his contract.
F. At all times during the performance of this contract, the
Contractor shall strictly adhere o ca a federal and
state laws that have been or er r b e a~lished.
G. This agreement is inten 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. 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 the state fiscal rules.
H. In its sole discretion, the State may at any time give any
consent, deferment, subordination, release, satisfaction, or
termination of any or all of the Contractor's obligations under
this agreement, with or without valuable consideration, upon
such terms and conditions as the State may determine to be (a)
advisable to further the purposes of this contract or to
protect the State's financial interest therein, and (b)
consistent with both the statutory purposes of this contract
and the limitations of the statutory authority under which it
is made.
I. Upon completion of the payment of the full purchase price
to the State in the sum of One Million Two Hundred Twenty-Eight
Thousand Three Hundred Seventy Dollars and Fifty-Six Cents
($1,228,370.56) as set forth in paragraph A.12. of this
contract, the State agrees to convey to the Contractor all of
the State's right, title, and interest in and to the project by
deed or other proper conveyance.
J. The Colorado Water Conservation Board, its agents and
employees, is hereby designated as the agent of the State for the
purpose of this contract.
Page 5 of. 7 Payes