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C150346 Contract
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C150346 Contract
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Last modified
9/13/2016 8:25:16 AM
Creation date
9/19/2013 8:57:59 AM
Metadata
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Loan Projects
Contract/PO #
CT2015-041
C150346
Contractor Name
Roxborough Water and Sanitation District
Contract Type
Loan
Water District
8
County
Douglas
Loan Projects - Doc Type
Contract Documents
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hereto shall have any force or effect unless embodied in a written CONTRACT executed <br />and approved pursuant to State fiscal rules, unless expressly provided for herein. <br />7. Controlling Terms. In the event of conflicts or inconsistencies between the terms of <br />this CONTRACT and conditions as set forth in any of the appendices, such conflicts or <br />inconsistencies shall be resolved by reference to the documents in the following order <br />of priority: (1) Colorado Special Provisions, provided that the parties hereby agree that, <br />for the purposes of such Special Provisions, (a) "Contractor" shall mean BORROWER (2) <br />the remainder of this CONTRACT, and (3) the Appendices. <br />Casualty and Eminent Domain. If, at any time, during the term of this CONTRACT, <br />(a) the BORROWER'S PROJECT facilities including buildings or any portion thereof, are <br />damaged or destroyed, in whole or in part, by fire or other casualty, or (b) title to or use <br />of the PROJECT facilities or any part thereof shall be taken under the exercise of the <br />power of eminent domain, the BORROWER shall cause the net proceeds of any <br />insurance claim or condemnation award to be applied to the prompt replacement, repair <br />and restoration of the PROJECT facilities or any portion thereof, or to repayment of this <br />loan. Any net proceeds remaining after such work has been completed or this loan has <br />been repaid, shall be retained by the BORROWER. If the net insurance proceeds are <br />insufficient to pay the full cost of the replacement, repair and restoration, the <br />BORROWER shall complete the work and pay any cost in excess of the net proceeds. In <br />the event BORROWER chooses to repay the loan, BORROWER shall remain responsible <br />for the full LOAN AMOUNT outstanding regardless of the amount of such insurance <br />proceeds or condemnation award. <br />9. Captions. The captions and headings contained in this CONTRACT are for convenience <br />and reference only and shall not be construed so as to define or limit the terms or <br />provisions contracted herein. <br />io. CWCB's Approval. This CONTRACT requires review and approval of plans, <br />specifications, and various other technical and legal documents. The CWCB's review <br />of these documents is only for the purpose of verifying BORROWER'S compliance with <br />this CONTRACT and shall not be construed or interpreted as a technical review or <br />approval of the actual design or construction of the PROJECT. Notwithstanding any <br />consents or approvals given to the BORROWER by the CWCB on any such documents, <br />BORROWER and any of its consultants, by preparing any such documents, shall be <br />solely responsible for the accuracy and completeness of any of said documents. <br />i i. Waiver. The waiver of any breach of a term of this CONTRACT shall not be construed as <br />a waiver of any other term or of any subsequent breach of the same term. <br />12. Addresses for mailing. All notices, correspondence, or other documents required by <br />this CONTRACT shall be delivered or mailed to the addresses shown in the PROJECT <br />SUMMARY, Section 1 for the BORROWER and to the address below for the CWCB: <br />Loan Contract C150346 <br />Page 8 of 12 <br />
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