C150036 Paid in Full Contract

• Contract/PO #: C150036
• Contractor Name: Weld County Tri-Area Sanitation District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

• •
contract or to protect the CWCB's financial interest therein, and 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 of; i..e of the power of eminent
domain, the BORROWER shall cause the net proce¢d) 4 : any insurance claim or
condemnation award to be applied to the prompt replaceme , -*air and restoration of the
PROJECT facilities or any portion thereof, or to ref', t • this loan. Any net proceeds
remaining after such work has been completed shIl, • ; ret F • • the :�RROWER. If the
net insurance proceeds are insufficient to pay the full `o • r"eepla ent, repair and•
restoration, the BORROWER shall complete the work and pay any c• }:xcess of the net
proceeds. In the event Borrower opts 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.
1o. Captions. The captions and headings contained in this contract are for convenience and
reference only and shall not be construed so as to define or limit the terms or provisions
contracted herein.
ii. CWCB's Approval. This contract requires review and approval of plans, specifications, and
various other technical and legal documents. The CWCB's review of these documents is
only for the purpose of verifying BORROWER'S compliance with this Contract and shall not be
construed or interpreted as a technical review or approval of the actual design or
construction of the PROJECT. Notwithstanding any consents or approvals given to the
BORROWER by the CWCB on any such documents, BORROWER and its CONSULTANT, 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.
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)
Page 9 of 11 Loan Contract