C153329 PIF

• Contract/PO #: C153329
• Contractor Name: Ute Water Conservancy District
• Contract Type: Loan
• Water District: 72
• County: Mesa
• Loan Projects - Doc Type: Contract Documents

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Form 6- AC -02A IAT' "'i'MENT OR AGI {NCY N(1MIt1,a?
• rt,
34 -04 -00
CON "I'iiACT ROUTING NUMBER
a
$ 985,000
CONTRACT
THIS CONTRACT, made this -_th day of September 19 SQ by and between the
State of Colorado for the use and benefit of the Department of '� Natural R _co s' (rolorado
WAtar rnnePryatinn Anard)
hereinafter referred to as the State, and *2 _ UP Wa t one van _y n ' c r ; _ , P-0- Box 460,
Grand .Time -tinny Colorado RI S01
hereinafter referred to as the contra. ctor,
WHEREAS, authority exists, in the Law and Funds have been budgeted, appropriated and otherwise made
available and a sufficient unencumbered balance thereof remains available fo�r,Rayment in Fund Number 4002 ,
G/L Account Number 53117 ? `
, Contract Encumbrance Numberl,'ls.z 9 -J-17 and
WHEREAS, required approval, clearance and coordination has been accomplished from and with appropriate
agencies, and
WHEREAS, '3 pursuant to the provisions of 37 -60 -119, Colorado Revised Stat-
utes 1973, as amended, the State is authorized to construct certain water projects
for the benefit of the people of the State; and
WHEREAS, the Contractor is a Water Conservancy District in the State of Colo-
rado and wishes to undertake construction of a water tank and main pipeline here-
inafter called the project for the members of the Ute Water Conservancy District
in Mesa County, Colorado, at an estimated cost of about Thirteen Million Dollars
($13,000,000); and
WHEREAS, a feasibility investigation of said project was conducted and it was
found that such a project is economically feasible; and
WHEREAS, the State has agreed to construct part of said project and to sell
the same to the Contractor upon mutually agreeable terms and conditions, subject
to the approval of appropriations for purpose by the Colorado General Assembly
and the governor of the State of Col a and
WHEREAS, pursuant to Senate 6 , i - Second General Assembly of the
State of Colorado, duly enacted V e General Assembly and approved by
the Governor of the State of Colo ado was appropriated to the State the
sum of One Million Dollars ($1,000, 0) r construction of part of the Project;
and
WHEREAS, the Contractor has a ailable from its own sources and from other
sources sufficient funds to construct the remainder of the project;
NOW THEREFORE, in consideration of the mutual and dependent covenants herein
contained, it is agreed by the parties as follows:
A. The Contractor agrees that it will:
1. Cause the construction of said project to be completed within two (2)
years of the date of this contract in accordance with the project plans and
specifications and any necessary modification thereof approved by the State.
No payment will be made under this contract until the project plans and specifi-
cations are approved by the State. The above mentioned time may be extended
by the State if such time is insufficient.because of acts of God or other acts
or circumstances beyond the control of the Contractor.
2. Convey or cause title to be conveyed by deed or other proper conveyance
to the State, the following portions of the proposed project fanilitia--
(a) A five million gallon water tank with all appurtenances to be located
within 4.839 acres of land, as described in Appendix A.
(b) 4.839 acres of land as described in Appendix A.
3. Permit periodic inspection of construction by the authorized representa-
tives of the State during construction and permit the State to review and approve
or disapprove any contracts for the construction of the project or the performance
of work pursuant to such contracts or subcontracts.
4. Without expense to the State, manage, operate, and maintain the project
system continously in an efficient and economical manner, and assume all legal
'(See instructions on reverse of last page.)
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