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estimates of each project described in Exhibit A or, in the discretion of the Project <br />Leader, substitute a different project of a similar type and nature if a proposed project <br />is deemed unfeasible as revealed by engineering surveys, water rights research, soil <br />surveys, cultural surveys, projected construction cost overruns, or any other <br />circumstance that would prohibit successful or cost - effective completion of a project <br />Compensation and Method of Payment The total cost of the State's contribution for these <br />projects, described in Exhibit A shall not exceed $209,000 00 for the tune period covered by <br />this contract <br />A Payments will be made by the State upon receipt of invoices from NCWCD <br />describing work completed on each project Payments shall be remitted to Northern <br />Colorado Water Conservancy District whose address is P O Box 679, Loveland, <br />n i_, a oncln <br />�_Olo auo ova.37 <br />4 Contract Representatives Jay A Stafford, whose address is 15630 Hams St, Sterling, <br />CO 80751, phone (970) 522 -4759, will serve as authorized contract representative for the <br />State and shall be the co- Project Leader for the work to be performed under this contract <br />Jon Altenhofen, whose address is P O Box 679, Loveland, CO 80539, phone <br />(970) 667 -2437, will serve as authorized contract representative for NCWCD and shall be <br />the Project Leader for the work to be performed under this contract <br />5 It is Mutually Agreed <br />A All structures and facilities constructed on public land shall become the property of <br />the State <br />B Nothing herein shall be construed as obligating the State to expend any additional <br />resources or incur any further expenditures of funds greater than the $209,000 00 <br />obligated for work under this contract <br />C The term of tlus agreement shall be from the date of final execution by the State <br />Controller or his designee until September 30, 2000 <br />D This agreement may be extended up to one (1) year if circumstances beyond the <br />State's or NCWCD control prevent the completion of said projects within the stated <br />dates At initiation of the State's Project Leader and NCWCD's Project Leader, an <br />amendment will be written and signed by authorized representatives of both parties <br />(in accordance with State Fiscal and Procurement rules), and such amendment will <br />become part of this agreement <br />E Either party may terminate the Agreement by providing 60 days written notice, <br />provided that funds on deposit will be available for expenses incident to closing out <br />Page 3 of 6 pages <br />