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F )nn 6 -AC -02A (R 5/85) <br />V/PB <br />EXHIBIT B <br />FEASIBILITY REPORT <br />CONTRACT <br />DEPARIM R. iNCY NUMBER <br />34 -04 -00 <br />CONTRACT ROUTING NUMBER <br />7. el <br />$22,683 <br />THIS CONTRACT, made this I S E day of 198 , 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 City of Greeley, Greeley Civic Center, <br />919 7th St., Greeley, CO 80631 <br />hereinafter referred to as the t33ntractor, <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 available for payment in Fund Number 4 0 0 8 <br />G/L Account Number 52867 Ccâ–ºntract Encumbrance Number . and <br />ABL Account Number 12860, Org. Unit 77 -77 -777, <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, as amended, the State is authorized <br />to construct certain water projects for the benefit of the <br />people of the State of Colorado; and <br />WHEREAS, the City of Greeley has made application to the <br />State for the improvement of its existing facility, the Barnes <br />Meadow Reservoir Dam, such improvement of the facility is <br />hereinafter sometimes referred to as the project; and <br />WHEREAS, the Contractor is a <br />Colorado; <br />NOW THEREFORE, it is hereby <br />city w, n <br />a <br />at* <br />the State of <br />1. The Contractor shall have a fe Cy' report prepared <br />and directed to the problem of impr ;Vhefacilities of the <br />Barnes Meadow Reservoir Dam in ac ce with a proposal for a <br />project feasibility report prepare the consulting <br />engineering firm of Morrison -- Knudsen Engineers, Inc. (the <br />Consultant), and approved by the State. received May 28, 1987, <br />which proposal is attached hereto as Exhibit A and made a part <br />of this contract. <br />2. Fifteen (15) copies of the final report called for in <br />this contract shall be furnished to the State not later than <br />October 31, 1987, unless such time is extended by mutual <br />agreement of the parties hereto in writing. <br />3. As compensation for the services of the Contractor. the <br />State shall pay to the Contractor the sum of Twenty -Two <br />Thousand Six Hundred Eighty -Three Dollars ($22,683) in the <br />manner following: <br />a. Sixty percent (60 %), to wit, Thirteen Thousand Six <br />Hundred Nine Dollars and Eighty Cents ($13,609.80) of the <br />total amount due in two (2) monthly installments of Six <br />Thousand Eight Hundred Four Dollars and Ninety Cents <br />($6,804.90) each, commencing on August 14, 1987. <br />b. The remaining forty percent (40 %), to wit, Nine <br />Thousand Seventy -Three Dollars and Twenty Cents ($9,073.20) <br />within forty (40) days following receipt and acceptance of <br />the written report specified in paragraph 2. of this <br />contract. <br />4. The total <br />Contractor by the <br />Hundred Sixty -Six <br />pay the sum of Tw <br />Dollars ($22,683) <br />3953301 -1014 <br />cost of services to be rendered for the <br />Consultant is Forty -Five Thousand Three <br />Dollars ($45,366) and the Contractor shall <br />enty -Two Thousand Six Hundred Eighty -Three <br />as agreed to by letter dated May 21, 1987, <br />Page I of 4 pages 3 7 5 3 E <br />'(See instructions on reverse of last page.) <br />PXHTRTT R <br />