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C153374 PIF Contract
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C153374 PIF Contract
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Last modified
11/1/2012 11:56:27 AM
Creation date
11/1/2012 8:23:21 AM
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Loan Projects
Contract/PO #
C153374
Contractor Name
Palisade, Town of
Contract Type
Loan
Water District
72
County
Mesa
Loan Projects - Doc Type
Contract Documents
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Form 6-AC-02A A- <br />DEP ENT OR AGENCY NUMBER <br />34=04 -00 <br />CONTRACT ROUTING NUMBER <br />$1,000,000 <br />CONTRACT <br />THIS CONTRACT, made this lSt day of March 1982, by and between the <br />State of Colorado for the use and benefit of the Department of '� Natural Resources <br />(Colorado Water Conservation Board), <br />hereinafter referred to as the State, and '2 :the Town of Palisade, <br />P_ n. Box 128 Palisade—Colorado 81626, <br />hereinafter referred to as the contractor <br />WHEREAS, authority exists in the Law and Funds have been budgeted, appropriated and otherwise made <br />available and a sufficient unencumbered balance thereof remains av ilable for payment in Fund Number.40iL8_, <br />G/L Account Number 5 3 () 9 x, Contract Encumbrance Number nd <br />ABL Account Number 13090, Org. Unit 77 -77 -7 <br />WHEREAS, required approval, clearance and coordination has been accomplished from and with appropriate <br />agencies; and <br />WHEREAS, pursuant to the provisions of section 37 -60 -119, <br />Colorado Revised Statutes 1973, as amended, the State is <br />authorized to construct certain water, projects for the benefit <br />of the people of the State; and <br />WHEREAS, the Contractor is a duly cons ' uted municipality <br />in the State of Colorado and wishes to re ruc in <br />Reservoir, which provides raw water for b n i system of <br />the Town of Palisade, hereinafter Cal le pry , for the <br />Palisade community in Mesa County, Co , a estimated <br />cost of about Five Million Dollars ($ , , , and <br />WHEREAS, a feasibility investig,410 said project was <br />conducted and it was found that such a ct is economically <br />feasible; and <br />WHEREAS, the State has agreed to construct said project and <br />to sell the same to the Contractor upon mutually agreeable <br />terms and conditions, subject to the availability of funding <br />for that purpose; and <br />WHEREAS, pursuant to Senate Bill No. 67, Fifty - Second <br />General Assembly of the State of Colorado, duly enacted into <br />law, the Colorado Water Conservation Board has been authorized <br />to expend a'sum not to exceed One Million Dollars ($1,000,000) <br />for construction of the project; <br />NOW THEREFORE, in consideration of the mutual and <br />dependent covenants herein contained, it is agreed by the <br />parties hereto as follows: <br />A. The Contractor agrees that it shall: <br />1. Employ an engineering firm to prepare project plans <br />and specifications for the proposed project. Both the <br />engineering firm and the project plans and specifications shall <br />be approved by the State. <br />2. Subcontract the construction of said project to a <br />responsible and capable firm, said project to be completed <br />within two (2) years of the date of this contract in accordance <br />with the project plans and specifications and any necessary <br />modification thereof approved by the State. The State must <br />approve, in writing, all subcontracts before they become <br />effective. The above- mentioned time may be extended by the <br />State if such time is insufficient because of acts of God or <br />other acts or circumstances beyond the control of the <br />Contractor. <br />395- 53 -01-C 010 <br />Page 1 of __L pages <br />*(See instructions on reverse of last page.) <br />Disk NO . 101 <br />Palisade 1 <br />
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