Laserfiche WebLink
the entire principal sum shall have been paid. Said <br />installment payments shall be made payable to the Colorado <br />Water Conservation Board, payable at the offices of said <br />Board in Denver, Colorado. <br />B. Paragraph C.l. shall read: <br />Make available to the Contractor for the purpose of <br />this contract not to exceed the sum of Seven Million Nine <br />Hundred Eighty -Seven Thousand Five Hundred Dollars <br />($7,987,500). Said Seven Million Nine Hundred Eighty -Seven <br />Thousand Five Hundred Dollars ($7,987,500) shall be made <br />available to the Contractor in accordance with the <br />following terms and conditions: <br />a. Beginning with the monthly period commencing April <br />15, 1982. and for every month thereafter until said <br />project has been completed, the Contractor shall <br />prepare with the assistance of the consulting <br />engineer referred to in paragraph A.1. above an <br />estimate of the funds required from the State for <br />project construction during the month and shall <br />forward said estimate to the State not less than <br />fifteen (15) days prior to the beginning of such <br />month. <br />b. Upon receipt and approval by the State of such <br />monthly estimate, the State will, within forty (40) <br />days from the receipt of such estimate, pay over to <br />the Contractor the amount of the monthly estimate <br />or such portion thereof as has been approved by the <br />State. <br />c. No payments will be made under this contract until <br />the project plans and specifications referred to in <br />paragraph A.1. above are approved by the State. <br />C. Paragraph I. shall read: <br />Upon completion of the payment of the full purchase <br />price to the State in the sum of Fifteen Million Five <br />Hundred Thirty -Five Thousand Two Hundred Eighty -Four <br />Dollars ($15,535,284) as set forth in paragraph . of <br />this contract, the State agrees to convey to t tractor <br />all of the State's right, title, and inter d t <br />project by deed or other proper conveyanc <br />D. All the terms and conditions of the origi ract <br />as amended shall remain in full force f ct with <br />the exception of the amendments herei" <br />E. All notices, correspondence or other documents required <br />by this contract shall be delivered or mailed to the <br />following addresses: <br />1. For the State 2. For the Contractor <br />Mr. J. William McDonald, Director Mr. Ray Sparkman, Manager <br />Colorado Water Conservation Board Ute Water Conservancy District <br />721 State Centennial Building P.O. Box 460 <br />1313 Sherman Street Grand Junction, CO 81502 <br />Denver, CO 80203 <br />Attn: Nick Ioannides <br />Page 2 of 4 Pages <br />