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CT2016-1696 Contract Amend 2
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CT2016-1696 Contract Amend 2
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Last modified
2/27/2025 4:28:48 PM
Creation date
9/29/2016 1:00:49 PM
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Loan Projects
Contract/PO #
CT2016-1696
C150261
CT2017-1008
Contractor Name
Pagosa Area Water and Sanitation District
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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availability, and including investment income accruing from moneys held to the credit of the <br /> Water and Wastewater Enterprise Fund; provided however, that there shall be excluded from <br /> Gross Revenue any moneys borrowed and used for providing Capital Improvements; any money <br /> and securities, and investment income therefrom, in any refunding fund, escrow account, or <br /> similar account pledged to the payment of any bonds or other obligations; and any moneys <br /> received as grants or appropriations from the United States, the State of Colorado, or other <br /> sources, the use of which is limited or restricted by the grantor or donor to the provision of <br /> Capital Improvements or for other purposes resulting in the general unavailability thereof, except <br /> to the extent any such moneys shall be received as payments for the use of the System, services <br /> rendered thereby, the availability of any such service, or the disposal of any commodities <br /> therefrom. <br /> "Loan A" means the loan made by the CWCB to the District pursuant to the Loan A <br /> Contract and evidenced by the Loan A Note. <br /> "Loan A Amendment" means the amendment to the Original Loan Contract, as previously <br /> amended, made pursuant to the Agreement to Restructure. <br /> "Loan A Contract" means the Original Loan Contract, as previously amended and as <br /> amended by the Loan A Amendment, including the Security Agreement and Project Summary <br /> appended thereto. <br /> "Loan A Note"means the Original Note as amended by the Loan A Note Amendment. <br /> "Loan A Note Amendment" means the Amendment to Promissory Note attached as <br /> Appendix B-2 to the Loan A Amendment. <br /> "Loan B" means the loan made by the CWCB to the District pursuant to the Loan B <br /> Contract and evidenced by the Loan B Note. <br /> "Loan B Contract" means the Loan Contract between the District and the CWCB entered <br /> into pursuant to the Agreement to Restructure, including the Security Agreement and Project <br /> Summary appended thereto. <br /> "Loan B Note" means the Promissory Note made by the District evidencing Loan B, <br /> attached as attached as Appendix 3 to the Loan B Contract. <br /> "Loan Contracts"means, collectively, the Loan A Contract and the Loan B Contract. <br /> "Net Revenue" means the Gross Revenue after deducting the availability of service <br /> charge revenues and Operation and Maintenance Expenses. <br /> "Notes"means, collectively,the Loan A Note and the Loan B Note. <br /> "Operation and Maintenance Expenses" means all reasonable and necessary current <br /> expenses of the District, paid or accrued, for operating, maintaining, and repairing the System, <br /> including without limitation legal and overhead expenses of the District directly related to the <br /> administration of the System, insurance premiums, audits, charges of depository banks and <br /> paying agents, professional services, salaries and administrative expenses, labor, and the cost of <br /> 4848-5023-6722.3 <br /> APPENDIX E-2 <br />
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