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AGENCY NAME: Water Conservation Board <br />AGENCY NUMBER: PDA <br />ROUTING NUMBER: 0 1 PO /} OOW-5 II <br />CONTRACT AMENDMENT NO. 2 <br />This Amendment, made this 1St day of February 2000, by and between the State <br />of Colorado for the use and benefit of the Department of Natural Resources, Colorado <br />Water Conservation Board, hereinafter referred to as the CWCB or STATE, and City of <br />Greeley, Colorado, hereinafter referred to as the CONTRACTOR. <br />Factual Red <br />A. Authority exists in the law, and funds hav 75f b appropriated, and <br />otherwise made available and a sufficient lance thereof remains <br />available for payment in Fund Number 4 YY, Appropriation Code <br />507, Program WTRC, Contract Encumbran u 3507A. <br />B. Required approval, clearance, and coordinati been accomplished from and <br />with appropriate agencies. <br />C. The STATE and the CONTRACTOR entered Into a contract dated February 17, 1988, <br />amended October 2, 1990, Contract Encumbrance Number C153507, hereinafter <br />referred to as ORIGINAL CONTRACT, incorporated herein by reference, wherein the <br />STATE agreed to loan money in the total amount up to $1,100,000, for construction of <br />the Project and the CONTRACTOR agreed to repay the loan in accordance with the <br />terms of the ORIGINAL CONTRACT. <br />D. The State and the Contractor entered into a contract dated July 1, 1986, Contract <br />Encumbrance Number C153467, wherein the State agreed to loan money to the <br />Contractor in the total amount of $68,560 to help finance the cost of preparing <br />feasibility studies for three water projects contemplated by the Contractor: $26,640 for <br />the Comanche Dam feasibility study, $23,640 for the Peterson Dam feasibility study <br />and $18,280 for the Twin Lakes feasibility study. As each Project was constructed, <br />the cost of the feasibility study was to be combined with the loan to cover the cost of <br />constructing the project. <br />E. The feasibility study cost of $26,640 for the Comanche Dam project was combined <br />with the construction loan in the amount of $1,073,360 for a total loan amount of <br />$1,100,000. <br />F. An audit of the contract revealed that the Contractor used only $21,796 of the $26,640 <br />City of Greeley Page 1 of 3 Contract Amendment No. 2 <br />