C150100 Contract Paid in Full

• Contract/PO #: C150100
• Contractor Name: East Dillon Water District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

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such terms and conditions as the CWCB may determine to be advisable to further the
purposes of this contract or to protect the CWCB's financial interest therein, and
consistent with both the statutory purposes of this contract and the limitations of the
statutory authority under which it is made.
9. Casualty and Eminent Domain. If, at any time, during the term of this contract,
(a) the BORROWER'S PROJECT facilities including buildings or any portion thereof, are
damaged or destroyed, in whole or in part, by fire or other casualty, or (b)title to or use
of the PROJECT facilities or any part thereof shall be taken under the exercise of the
power of eminent domain, the BORROWER shall cause the net proceeds of any
insurance claim or condemnation award to be applied to the prompt replacement,
repair and restoration of the PROJECT facilities or any portion thereof, or to repayment of
this loan. Any net proceeds remaining after such work has been completed or this loan
has been repaid, shall be retained by the BORROWER. If the net insurance proceeds
are insufficient to pay the full cost of the replacement, repair and restoration, the
BORROWER shall complete the work and pay any cost in excess of the net proceeds. In
the event BORROWER chooses to repay the loan, BORROWER shall remain responsible
for the full loan amount outstanding regardless of the amount of such insurance
proceeds or condemnation award.
10. Captions. The captions and headings contained in this contract are for convenience
and reference only and shall not be construed so as to define or limit the terms or
provisions contracted herein.
11. CWCB's Approval. This contract requires review and approval of plans,
specifications, and various other technical and legal documents. The CWCB's review
of these documents is only for the purpose of verifying BORROWER'S compliance with
this contract and shall not be construed or interpreted as a technical review or approval
of the actual design or construction of the PROJECT. Notwithstanding any consents or
approvals given to the BORROWER by the CWCB on any such documents, BORROWER
and any of its consultants, by preparing any such documents, shall be solely
responsible for the accuracy and completeness of any of said docu• e ts.
12. Waiver. The waiver of any breach of a term of this co- a; n A • construed as a
waiver of any other term or of any subsequent breach erm.
13. Addresses for mailing. All notices, correspon , r • , "'•cnt equired by
this contract shall be delivered or mailed to re- - ti, • i Project
Summary, Section 1 for the BORROWER and tot d ss "-low or the CWCB:
Colorado Water Conservation Board
Attn: Construction Fund Section
1313 Sherman Street, Room 721
Denver, CO 80203
SPECIAL PROVISIONS (12/01 version). State Fiscal Rule 3-1 requires the inclusion of these
Special Provisions in every STATE contract, including grants.
1. CONTROLLER'S APPROVAL. CRS 24-30-202 (1)
This contract shall not be deemed valid until it has been approved by the Controller of the
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