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T. Authority, Appropriation, And Approval. Authority to enter into this Agreement <br /> exists in Title 32, Article 1, C.R.S.; Title 37, Article 45.1, C.R.S.; and Article X, <br /> Section 20 of the Colorado Constitution. Funds have been budgeted and <br /> appropriated pursuant to the Water Provider's adopted Budget; and Water <br /> Provider Resolution No. 2015-008, approved and adopted at a special <br /> meeting of the Board of Directors of the Water Provider duly noticed and held <br /> on September 29, 2015; and funds have been placed into escrow in <br /> accordance with Section IV.D. Financial obligations of the Water Provider <br /> payable after the current fiscal year, identified in Section IV.E above, and <br /> mitigation costs in excess of those identified in Section IV.D, if any, are <br /> contingent upon funds for that purpose being appropriated, budgeted, and <br /> otherwise made available. Required approvals, clearance and coordination <br /> have been accomplished from and with appropriate agencies. <br /> VIII. Required State Provisions. The following provisions apply only when the Water <br /> Provider is an agency of CDNR and do not limit the rights or remedies of other <br /> Water Providers pursuant to their individual Water Provider Agreements: <br /> A. Effective Date. This Agreement shall not be effective or enforceable until it is <br /> approved and signed by the Colorado State Controller or designee <br /> (hereinafter called the "Effective Date"), but shall be effective and enforceable <br /> thereafter in accordance with its provisions. <br /> B. Failure to Perform — Disputes. The failure of a Party to perform its respective <br /> obligations in accordance with the provisions of this Agreement is a breach of <br /> this Agreement. In the event of disputes concerning performance hereunder <br /> or otherwise related to this Agreement, the Parties shall attempt to resolve <br /> them at the divisional level. If this fails, disputes shall be referred to senior <br /> departmental management staff designated by each party. If this fails, the <br /> matter shall be submitted in writing by both Parties to the State Controller, <br /> whose decision shall be final. <br /> C. Records Maintenance. During the term of this Agreement and for a period <br /> terminating upon the later of (i) the six year anniversary of the final payment <br /> under this Agreement or (ii) the resolution of any pending Agreement matters <br /> (the "Record Retention Period"), each Party shall maintain, and allow <br /> inspection and monitoring by the other Party, and any other duly authorized <br /> agent of a governmental agency, of a complete file of all records, documents, <br /> communications, notes and other written materials, electronic media files, and <br /> communications, pertaining in any manner to the work or the delivery of <br /> services or goods hereunder. <br /> D. Records Inspection. Water Provider shall have the right to inspect CDNR's <br /> performance at all reasonable times and places during the term of this <br /> Agreement. CDNR shall permit Water Provider, and any other duly authorized <br /> agent of a governmental agency having jurisdiction to monitor all activities <br /> 14 <br />