C150090 PIF Contract

• Contract/PO #: C150090
• Contractor Name: Parker Water and Sanitation District
• Contract Type: Loan
• Water District: 8
• County: Douglas
• Bill Number: HB 02-1152
• Loan Projects - Doc Type: Contract Documents

consistent with both the statutory purposes of this contract and the limitations of the
statutory authority under which it is made.
9. Casualty and Eminent Domain. If, at any time, during the term of this contract,,(a) the
BORROWER'S PROJECT facilities including buildings or any portion thereof, are damaged
or destroyed, in whole or in part, by fire or other casualty, or (b) title to or use of the
PROJECT facilities or any part thereof shall be taken under the exercise of the power of
eminent domain, the BORROWER shall cause the net proceeds of any insurance claim or
condemnation award to be applied to the prompt replacement, repair and restoration of
the PROJECT facilities or any portion thereof, or to repayment of this loan. Any net
proceeds remaining after such work has been completed or this loan has been repaid,
shall be retained by the BORROWER. If the net insurance proceeds are insufficient to
pay the full cost of the replacement, repair and restoration, the BORROWER shall
complete the work and pay any cost in excess of the net proceeds. In the event
BORROWER chooses to repay the loan, BORROWER shall remain responsible for the full
loan amount outstanding regardless of the amount of such insurance proceeds or
condemnation award.
10. Captions. The captions and
and reference only and shall
provisions contracted herein.
headings contained in this contract are for convenience
not be construed as to define or limit the terms or
11. CWCB's Approval. This contract require a al of plans, specifications,
and various other technical and lega e e CWCB's review of these
documents is only for the purpose of ifyi
OWE compliance with this
contract and shall not be construed or interp e a technical review or approval of
the actual design or construction of the T. Notwithstanding any consents or
approvals given to the BORROWER by the f on any such documents, BORROWER
and any of its consultants, by preparing any such documents, shall be solely
responsible for the accuracy and completeness of any of said documents.
12. Waiver. The waiver of any breach of a term of this contract shall not be construed as a
waiver of any other term or of any subsequent breach of the same term as otherwise
provided herein.
13. Addresses for mailing. All notices, correspondence, or other documents required by
this contract shall be delivered or mailed to the addresses shown in the Project
Summary, Section 1 for the BORROWER and to the address below for the CWCB:
Colorado Water Conservation Board
Attn: Construction Fund Section
1313 Sherman Street, Room 721
Denver, CO 80203
SPECIAL PROVISIONS (12/01 version). State Fiscal Rule 3 -1 requires the inclusion of these Special
Provisions in every STATE contract, including grants.
1. CONTROLLER'S APPROVAL. CRS 24 -30 -202 (1)
This contract shall not be deemed valid until it has been approved by the Controller of the State
of Colorado or such assistant as he may designate.
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