C153618 PIF Contract

• Contract/PO #: C153618
• Contractor Name: Greeley, City of
• Contract Type: Loan
• Water District: 3
• County: Larimer
• Bill Number: SB 87-15
• Loan Projects - Doc Type: Contract Documents

rFom1 fiAC 2A (R 3/85) « 6EPAR' 4 -f OR AGENCY NUMBER
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CONTRACT ROUTING NUMBER
FEASIBILITY REPORT
CONTRACT AMENDMENT
THIS CONTRACT, made this day of 198 . by and between the
State of Colorado for the use and benefit of the Department of Aa tural Resources
(Colorado Water Conservation Board),
hereinafter referred to as the State, and 'z the City Of Greeley,
Civic Center Complex, 919 7th St., Greeley, CO 80631,
hereinafter referred to as the contractor /Contractor.
WHEREAS, authority exists in the Law and Funds have been budgeted, appropriated and otherwise made
available and a sufficient unencumbered balance thereof remains available for payment in Fund Number 4 0 0 8
G/L Account Number 5274 X, Contract Encumbrance Number C15 3 4 6 7 ; and
ABL Account Number 12740, Org. Unit 77 -77 -777,
WHEREAS, required approval, clearance and coordination has been accomplished from and with appropriate
agencies; and
WHEREAS, a contract was entered into on July 1, 1986,
Contract Encumbrance Number C153467 (the Original Contract),
between the State and the Contractor; and
WHEREAS, the Original Contract provided that the State
would pay fifty percent (50 %) of the cost for the Contractor to
conduct feasibility studies for the rehabilitation of three
dams; namely, Comanche Dam, Peterson Dam and Twin Lakes Dam.
Fifty Percent (50 %) of that costa 5s, ixty -Eight Thousand Five
Hundred Sixty Dollars ($68,560 1N *,it ho by Exhibit B of the
Original Contract; and ,r;r �� ' *G
r ti
WHEREAS, Paragraphs 5. a�, 6., Original Contract
provided that the Contractor wou 441' ay the State Eighty -Eight
Thousand Seven Hundred Eighty,_�i.v4, ollars and Twenty Cents
($88,785.20) in ten (10) equal;,- a°bnual payments of Eight
Thousand Eight Hundred Seventy - Eight Dollars and Fifty -Two
Cents ($8.878.52) each if the rehabilitation of the three dams
was initiated within ten (10) years of the effective date of
the Original Contract; and
WHEREAS, the repayment provisions of Paragraphs 5, and 6. of
the Original Contract were intended by the parties to apply in
a proportionate cost amount to any part of the three dam water
projects, as long as the rehabilitation of such part is
initiated within the specified time; and
WHEREAS, the total repayment to the State of Eighty -Eight
Thousand Seven Hundred Eighty -Five Dollars and Twenty Cents
($88,785.20) was derived by adding a five percent (5 %) per
annum service charge to the fifty percent (50 %) State payment
of Sixty -Eight Thousand Five Hundred Sixty Dollars ($68,560)
for preparing the three feasibility reports, which fee is shown
in Exhibit B of the Original Contract; and
WHEREAS; the Contractor desires to enter into a Project
Contract with the State at this time to proceed with the
rehabilitation of the Comanche Dam only. The initiation of
this Comanche Dam rehabilitation would activate the repayment
provisions of Paragraphs 5. and 6. of the Original Contract for
repayment by the Contractor to the State of a proportionate
cost amount provided by the State for the Comanche Dam; and
WHEREAS, the proportionate share of the Eighty -Eight
Thousand Seven Hundred Eighty -Five Dollars and Twenty Cents
($88,785.20) for the Comanche Dam feasibility report is
Thirty -Four Thousand Four Hundred Ninety -Eight Dollars and
Eighty Cents ($34.498.80). This amount of Thirty -Four Thousand
Four Hundred Ninety -Eight Dollars and Eighty Cents ($34.498.80)
395330 -FbI4
Page I of __L pages
*(See instructions on reverse of last page.)
APPENDIX A
5315E