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Form 6-AC-02A f R 3/851 <br />.. . � W�PB � <br />w ' Juniata Pipeline <br />I UF.P.aRTMF,ti I lllt al,t�l� �L'NtltK <br />I - 39-04-00 ' <br />ATTACHMENT A � �, -+CT ttot'T�nG ^l NBf N <br />_ c ;�,��. <br />PROJECT $250 , 000 ��? C�G� - �� 9C' <br />CONTRACT <br />an�d Promissory Note <br />THIS CONTRAC7, made this�.� "II3y of 198 �. by and between the <br />S�alc o( Colorado for the u�e and benefit o( tne Uepartment ('' Natural ResourCes <br />(Colorado Water Conservation Board), <br />heremafter referred lo as the State. •rnd '� the Citv Of Grand Ju17CtlOn, <br />250 N. 5th St., Grand Junction. CO 81501 <br />heremafier referred to as the contrac�ur /Contractor or Borrower. <br />WHEREAS, authonty ezist� m the Law and Funds have been budgeted. appropnaled and othe 400$ade <br />�v9ilable nnd a suffic�ent unencumbercd balance thereof remains a��1 -/ fo_r - payment m Fund `umher . <br />G!L Accnunt Number 5377X , Contract Encumbraoce Numbe�(�...��: and <br />ABL Account No. 13770 Org. Unit 77 <br />WHEREAS, reywrcd approv�l, clearance •rnd coordination has been accomplished from and wi�h a��rc�pna�e <br />agencies: and <br />WEIEREAS, pu=euant to the pLOVisions of 37-60-119 and <br />37-60-120, Colo=ado Revised Statutes, the State is autho=ized <br />to loan money foL the construction of watet pcojects fo= the <br />benefit of the people of the State p=ovided that the Cont=actot <br />assures repayment of that money; and <br />WHEREAS, the Contracto= is a City in the State of Colocado <br />and it wishes to construct a 30-inch pipeline ftom Kannah Creek <br />to Juniata Reservoi=, hereinaftet sometimes called the project, <br />fo= the benefit of the citizens of the City of Grand Junction <br />in Mesa County, Colotado, at an estimated cost of Five Hund=ed <br />Thousand Dollars ($500,000); and <br />WHEREAS, the State now desires by this project contract to <br />loan money fo= the const=uction � S ec a to�the <br />agreeable terms and conditio �) <br />fundinq fo= that purpose, � <br />WHEREAS, pursuant to� C L�� t9' city cha=ter, the <br />ont=acto= has authority t c {K�o==ow money p=ovided <br />� s��� the city council <br />that an ordinance be d <br />establishinq utility =a o assure repayment to the State <br />acco=ding to the tezms of the cont=act; and <br />WHEREAS, pursuant to section 1 of chapter 32, Session Laws <br />of Colo=ado 1987, as amended by Section 1 of Senate Bi11 No. <br />85, the State has been authotized to loan Two Hund=ed Fifty <br />Thousand Dollars ($250,000) for construction of the p=oject. <br />WFiEREAS, the ContLactor or Bo==ower unde=stands that this <br />Contract is also a p=omissory note fo= the repayment of funds <br />loaned to�the Bo==ower accordinq to the te=ms set forth hetein. <br />NOW THEREFORE, in consideration of the mutual and <br />dependent covenants herein contained, it is ag=eed by the <br />parties hereto as follows: <br />A. The ConttactoL aqzees that it shall: <br />1. Employ an engineering firm (hereinafter refe==ed to as <br />the Consultant) te pLepare pLOject plans and specifications for <br />the project. Both the Consultant and the project plans and <br />specifications must be app=oved in w=iting by the State before <br />paragraphionconst=uctionectincludesmanyereal�estate�and wateris <br />tights acquisitions. <br />2. Contract for the constLUCtion of said ptoject to a <br />tesponsible and capable firm o= fi=ms (he=einafte= =efe=ted to <br />as Construction Firm or Fitms), which Construction Firms shall <br />ATTACHMENT A <br />9810E <br />395�530'F'1014 Page 1 of 1� pa�es <br />