PROJC02548 - Laserfiche WebLink

Home Browse Search

. ~ ~ entire principal balance, determined in accordance with the default schedule attached heceto as Exhibit "B", immediately due and payable= (b) for the account of the Contractor incur and pay'reasonable expenaea for repair, maintenance and operation of the weter system herein described and such expenses as may be necessary to cure the cause of default~ and/or (c) take possession of the water system, repair, maintain and operate or lease it. The provisions of this contract may be enforced by the State at its option without regard to prior waivers by it of pcevious def sults by the Contractor, through judicial proceedinga to require specific performance of this contract or by such other proceedings in law or equity as may be deeme8 necessary by the State to insure compliance with provisions of this contract and the laws and regulations under which this contract is made. D. The State agrees that it shail: 1. Make available to the Contractor for the purpose of this contract not to exceed the sum of Two Aundred Thirty-One Thousand Dollars ($231,000). Said Two Aundred Thirty-One Thousand Dollars (5231,000) ahall be made available to the Contractor in accordance with the following terms and conditions: a. Beginning with the monthly period commencing April l, 1982 anc] f or every month thereafter until esid project has been completed, the Contractor shall prepare with the assistance of the consulting engineer referred to in Paragraph 8.1. above~ an estimate of the funds required from the State for project construction during that month and shall forward said estimate to the State not less than 15 days prior to the beginning of such month. b. Upon receipt and app by the State of such monthly estimate, the State will, wi s from the receipt of such estimate, pay over to the r the amount of the monthly estimate or such portion the of a~ ~a( l~en approved by the State. c. No payments e~a~ ~er this contract until the project plana and specifica n referred to in Paragraph B.1. above are approved by the State. 2. Provide the Contractor with such technical assistance as the State c3eems 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 for the area in which the project is located. E. This contract is not assignable by the Contractor except with w=itten approval of the State. F. The parties to this contact 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 itstactshand theaacts ofl its agents~a employees, servantse and Subcontractors during the pe=formance of this contract. G. At all tfines during the performance of this contract, the Contractor shall strictly adhere to all applicable federal and state laws that have been or may hereafter be established. A. This agreement is intended as the complete integcation of all addition,n deletiontor othereamendment hereto; shall havee an~yaforce or effect whataoever unless embodied herein in writing. No subsequent novation, renewal, a8dition, deletion or other amendment contract executedeand approvedrpursuant toethe stateefisc iwrulesn I. In its sole discretion, the State may at any time give any consent, deferment, subordination, release, satisfaction or Page 4 of 9