CT2018-1999 Contract

• Contract/PO #: CT2018-1999
• Contractor Name: Centenial Irrigating Ditch Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

TABLE OF CONTENTS
SIGNATURE AND COVER PAGE 1
1. PARTIES 2
2. TERM AND EFFECTIVE DATE 2
3. AUTHORITY 3
4. PURPOSE 3
5. DEFINITIONS 3
6. LOAN ORIGINATION FEE 5
7. AMENDMENTS AND OPTION LETTERS 5
8. CONTRACT AMENDMENT SERVICE FEES 5
9. PROMISSORY NOTE PROVISIONS 6
10. INTEREST PRIOR TO PROJECT COMPLETION 6
11. RETURN OF UNUSED LOAN FUNDS 6
12. BORROWER'S AUTHORITY TO CONTRACT 6
13. ATTORNEY'S OPINION LETTER. 6
14. PLEDGE OF REVENUES 7
15. PLEDGE OF PROPERTY. 8
16. RELEASE AFTER LOAN IS REPAID. 8
17. WARRANTIES. 8
18. CHANGE OF OWNERSHIP OF WATER SHARES DURING TERM OF CONTRACT9
19. OPERATION OF PROJECT 9
20. DISPUTE RESOLUTION 9
21. REMEDIES 10
22. INSURANCE. 10
23. CONFLICTS OF INTEREST 12
24. BREACH 12
25. NOTICES AND REPRESENTATIVES 13
26. GOVERNMENTAL IMMUNITY 13
27. GENERAL PROVISIONS 13
28. COLORADO SPECIAL PROVISIONS (COLORADO FISCAL RULE 3-1) 16
APPENDIX 1,PROJECT SUMMARY 1
APPENDIX 2, OPTION LETTER 1
APPENDIX 3,PROMISSORY NOTE 1
APPENDIX 4, RESOLUTIONS 1
APPENDIX 5, SECURITY AGREEMENT 1
APPENDIX 6,DEED OF TRUST 1
1. PARTIES
This Contract is entered into by and between Borrower named on the Signature and Cover Page
for this Contract (the "Borrower"), and the STATE OF COLORADO acting by and through the
State agency named on the Signature and Cover Page for this Contract (the "State" or"CWCB").
Borrower and the State agree to the terms and conditions in this Contract.
2. TERM AND EFFECTIVE DATE
A. Loan Effective Date
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Contract Number:CT2018-1999