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. i <br />during calendar year 2006. The payment of the funds shall be processed within 30 <br />working days after approval of this contract by the State Controller. <br />B. Grantee representations. Grantee represents and warrants that the information <br />submitted to the CWCB, as a part of the Application or in connection therewith, was <br />and continues to be a true and correct accounting of the Grantee's costs in connection <br />with the subject matter of this contract. Grantee further represents and warrants that <br />the Application, and related information, is not misleading in any material respect. <br />Grantee agrees to submit to CWCB any further documentation as may be requested <br />by the CWCB in connection with the Application and the Grant. <br />C. Contract period. The time period to be covered by this contract shall begin on May <br />1, 2007, or the date the State Controller, or designee, executes this contract, <br />whichever is later, shall be undertaken and performed in the sequence and manner <br />set forth herein, and shall end upon the disbursement of the grant funds, or no later <br />than September 30, 2007. <br />D. Termination of contract for cause. If, through any cause, th2 GRANTEE fdIIS t0 fUlflfl <br />in a#imely and proper manner its obligations under this contract, or if the GRANTEE <br />violates any of #he provisions of this contract, the CWCB shall thereupon have the <br />right to terminate this contract for cause by giving written notiCe to the GRANTEE of <br />such termination and specifying the effective date thereof, at least ten (10) days <br />before the effective date of such termination. <br />E. Severability. To the extent that this contract may be executed and perFormance of the <br />obligations of the parties may be acxomplished within the intent of this contract, the <br />terms of this contract are severable, and should any term or provision hereof be <br />declared invalid or become inoperative for any reason, such invalidity or failure shall <br />not affect the validity of any other term or provision hereof. The waiver of any breach <br />of a term hereof shatl not be construed as waiver of any other term. <br />F. Assignment Neither party may assign its rights or duties under this contract without <br />the prior written consent of the other party. <br />G. Integration o# all understandings. This contract is intended as the complete <br />integration of all understandings befinreen the parties. No prior or contemporaneous <br />addition, deletion, or other amendment hereto shall have any force or efFect <br />whatsoever unless embodied herein in writing. No subsequent novation, renewal, <br />addition, deletion, or other amendment hereto shall have any force or effect unless <br />embodied in a written contract executed and approved pursuant to STarE fiscal rules. <br />H. Captions. The captions and headings contained in this contract are for convenience <br />and reference only and shall not be construed so as to define or limit the terms or <br />provisions contracted herein. <br />I. Addresses for mailing. All notices, correspondence, or other documents required by <br />this contract shall be delivered or mailed to the addresses shown below: <br />Colorado Water Conservation Board <br />Attn: Construction Fund Section <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br />Grant Contract No. C150246 <br />Page 2 of 6 <br />