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

• •
During the time of construction, the CWCB reserves the right to increase the above amount
of insurance so that said amounts at a minimum correspond to the amount established by
the Colorado Governmental Immunity Act, now and as hereafter amended.
6. Progress Reports. The BORROWER shall prepare a periodic progress report which contains
a statement of the PROJECT tasks completed and the costs expended for that period and
shall forward said statement to the CWCB.
C. GENERAL PROVISIONS
1. Periodic Inspections. Throughout the term of this cont ,;.4, DER shall permit a
designated representative of the CWCB to make periodic in •�! i f e PROJECT. Such
inspections are solely for the purpose of verifying •-, . I'_ - with the terms and conditions
of this contract. Furthermore, such inspections :,a I've, • ' 'o f the PROJECT,
operating records, maintenance records, and financial rec•"4 , fit all of be construed
nor interpreted as an approval of the actual design and/or construe i element of the
PROJECT facilities.
2. Adhere To Applicable Laws. The BORROWER shall strictly adhere to all applicable federal,
state, and local laws and regulations that are in effect or may hereafter be established
throughout the term of this contract.
3. Designated Agent Of The CWCB. The CWCB's agents and employees are hereby
designated as the agents of the CWCB for the purpose of this contract.
4. Contract Is Not Assignable. The BORROWER may not assign this contract except with the
prior written approval of the CWCB.
5. Contract Relationship. The parties to this contract intend that the relationship between
them under this contract is that of lender-borrower, not employer-employee. No agent,
employee, or servant of the BORROWER shall be, or shall be deemed to be, an employee,
agent, or servant of the CWCB. The BORROWER shall be solely and entirely responsible for
its acts and the acts of its agents, employees, servants, engineering firms, construction
firms, and subcontractors during the term of this contract.
6. Complete Integration Of All Understandings. This agreement is intended as the
complete integration of all understandings between the parties. No prior or
contemporaneous addition, deletion, or other amendment hereto shall have any force or
effect whatsoever unless embodied herein in writing. No subsequent novation, renewal,
addition, deletion, or other amendment hereto shall have any force or effect unless
embodied in a written contract executed and approved pursuant to STATE fiscal rules, unless
expressly provided for herein.
7. In Event Of A Conflict. In the event of conflict between the terms of this contract and
conditions as set forth in any of the appendices, the provisions of this contract shall control.
s. CWCB May Release Contract. In its sole discretion, the CWCB may at any time give any
consent, deferment, subordination, release, satisfaction, or termination of any or all of the
BORROWER'S obligations under this contract, with valuable consideration, upon such terms
and conditions as the CWCB may determine to be advisable to further the purposes of this
Page 8 of 11 Loan Contract