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C153542 Paid in Full Documents
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C153542 Paid in Full Documents
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Last modified
10/27/2017 12:56:42 PM
Creation date
10/5/2017 11:22:21 AM
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Loan Projects
Contract/PO #
C153542
Contractor Name
County of Montrose
Contract Type
Loan
Loan Projects - Doc Type
Repayment Information
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(c) Reviewing construction contract <br /> documents . <br /> (d) Acquiring the land and water rights <br /> needed for the project . <br /> (e) Complying with all federal State, and <br /> local regulatory requirements . <br /> Legal services must be approved by the State <br /> in writing before they are rendered to be <br /> eligible for payment by the State. <br /> 2 . Provide the Contractor with such technical assistance <br /> as the State deems appropriate in planning, constructing, and <br /> operating the project and in coordinating the project with <br /> local official comprehensive plans for sewer and water and with <br /> any State or area plans for the area in which the project is <br /> located . <br /> E. This contract is riot assignable by the Contractor except <br /> with the prior written approval of the State. <br /> F. The parties to this contract intend that the relationship <br /> between them contemplated by this contract is that of <br /> lender-borrower, not employer-employee. No agent , employee, or <br /> servant of the Contractor shall he, or shall he deemed to be, <br /> an employee, agent, or servant of the State. The Contractor <br /> will he solely and entirely responsible for its acts and the <br /> acts of its agents , employees , servants, engineering firms, <br /> construction firms , and subcontractors during the- performance <br /> of this contract . <br /> G. At all times during the performance of this contract, the <br /> Contractor shall strictly adhere to all applicable federal and <br /> State laws and regulations that have been or v. a et„fter be <br /> established . :. <br /> H. This agreement is intended as the complete integration of <br /> all understandings between the parties 7 ci • rimz <br /> contemporaneous addition, deletion, or ar� t;'�` a to <br /> shall have any force or effect whatsoev- u e e b d ?e. ti? A <br /> herein in writing. No subsequent novation, renews , ' 1y11, <br /> deletion, or other amendment hereto shall have any force or <br /> effect unless embodied in a written contract executed and <br /> approved pursuant to State fiscal rules. <br /> I . In its sole discretion, the_ State may at any time and in <br /> writing give any consent, deferment , subordination, release, <br /> satisfaction, or termination of any or all of the Contractor ' s <br /> obligations under this agreement, with or without valuable <br /> consideration, upon such terms and conditions as the State may <br /> determine to be: (a) advisable to further the purposes of this <br /> contract or to protect the State ' s financial interest therein, <br /> and (b) consistent with both the statutory purposes of this <br /> contract: and the limitations of the statutory authority under <br /> which it is made. <br /> J . Upon completion of repayment to the State in the amount of <br /> Three Hundred Ninety-Five Thousand Three Hundred Seventy-One <br /> Dollars ($395 , 371) , as set forth in paragraph B. 15 . above of <br /> this contract, the State agrees to convey to the Contractor all <br /> of the State ' s right, title, and interest in and to the project <br /> and any other property described in paragraph B. 16 . above by <br /> deed or other proper conveyance. <br /> K. The Colorado Water Conservation Board, its agents and <br /> employees , is hereby designated as the agent of the State for <br /> t:he purpose of this contract. <br /> Page 7 of 10 Pages <br />
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