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CT2015-166 Contract Amend 1
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CT2015-166 Contract Amend 1
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Last modified
3/30/2018 3:03:05 PM
Creation date
2/14/2017 3:55:16 PM
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Loan Projects
Contract/PO #
CT2015-166
Contractor Name
San Luis Valley Water Conservancy District
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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6. RESOLUTION <br /> The Borrower has adopted a resolution,irrepealable for the term of this loan,authorizing the Borrower to enter into <br /> this contract amendment to borrow the additional loan amount,to establish and collect assessments sufficient to pay <br /> the annual loan payments,to pledge said assessments for repayment of the loan,and to execute documents necessary <br /> to convey a security interest in said assessments and collateral,if necessary,to the CWCB.Said resolution is <br /> attached as Appendix D. <br /> 7. BOND COUNSEL OPINION LETTER <br /> Prior to the execution of this Amendment by the CWCB,the Borrower shall submit to the CWCB a letter from its <br /> bond counsel stating that it is the bond counsel's opinion that(1)the person(s)signing for the Borrower was duly <br /> elected or appointed and has authority to sign such documents on behalf of the Borrower and to bind the Borrower; <br /> (2)the Borrower's governing body has validly adopted a resolution approving this Amendment; (3)there are no <br /> provisions in the any state or local law that prevent this Amendment from binding the Borrower;and(4)this <br /> Amendment will be valid and binding against the Borrower if entered into by the CWCB. <br /> 8. LIMITS OF EFH CT AND ORDER OF PRECEDENCE <br /> This Amendment is incorporated by reference into the Contract,and the Contract and all prior amendments or other <br /> modifications to the Contract, if any, remain in full force and effect except as specifically modified in this <br /> Amendment. Except for the Special Provisions contained in the Contract,in the event of any conflict,inconsistency, <br /> variance, or contradiction between the provisions of this Amendment and any of the provisions of the Contract or <br /> any prior modification to the Contract,the provisions of this Amendment shall in all respects supersede,govern,and <br /> control. The provisions of this Amendment shall only supersede, govern, and control over the Special Provisions <br /> contained in the Contract to the extent that this Amendment specifically modifies those Special Provisions. <br /> [THIS REST OF THOS PAGE INTENTIONALLY LEFT BLANK] <br /> Page 3 of 3 Amendment CMS No.96820 <br />
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