C153333 PIF

• Contract/PO #: C153333
• Contractor Name: Beaver Park Water, Inc.
• Contract Type: Loan
• Loan Projects - Doc Type: Repayment Information

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Form A[ O2A llE a4ENT OR AGENCY NUMBER
34-04-00
CONTRACT ROUTING NUMBER
710 ?/
CONTRACT $ 350,000
THIS CONTRACT, made this 15th day of September IS 8.0, by and between the
Slate of Colorado for the use and benefit of the Department of 't Natural Resources
(Colorado Water Conservation Board)
hereinafter referred to as the State, and 'z Beaver Park Water Inc., P.O. Box 286,
Penros, Colorado 81240
hereinafter referred to as the contractor,
WHEREAS, authority exists in the Law and Funds have been budgeted, appropriated and otherwise made
available and a sufficient unencumbered balance thereof remains avat ble for payment in Fund Number 40083
G/L Account Number 5304X Contract Encumbrance Number 33"-r; and
WHEREAS, required approval, clearance and coordination has been accomplished from and with appropriate
agencies; and
WHEREAS. .3 pursuant to the provisions of 37-60-119, Colorado Revised Statutes
1973, as amended, the State is authorized to construct certain water projects for
the benefit of the people of the State; and
WHEREAS, the Contractor is a mutual ditch company in the State of Colorado
and wishes to undertake repairs of their irrigation system hereinafter called
the project, for the Beaver Park Water shareholders in Fremont County, Colorado,
at an estimated cost of Three Hundred Fifty Thousand Dollars ($350,000) ; and
WHEREAS, a feasibility investigation of said project was conducted and it
was found that such a project is economically feasible; and
WHEREAS, the State has agreed to construct said project and to sell the same
to the Contractor upon mutually agreeable terms and conditions, subject to the
approval of appropriations for that purpose by the Colorado General Assembly
and the Governor of the State of Colorado; and
WHEREAS, pursuant to Senate Bill No. 67, Fifty-Second General Assembly of
the State of Colorado, duly enacted by the Colorado Gener Assembly and approved
by the Governor of the State of Colorado, there was appro Colorado
Water Conservation Board the sum of Six Hundred Thirty Th sa" `` Dp 1s ($630,000)
for construction of the Beaver Park project; ..++��
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NOW THEREFORE, in consideration of the mutuala nd:'• ,+� t rein
contained, it is agreed by the parties hereto as f • t
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A. The Contractor agrees that it will:
1. Cause the construction of said project to be completed within two (2) years
of the date of this contract in accordance with the project plans and specifications
and any necessary modification thereof approved by the State. No payments will be
made under this contract until the project plans and specifications are approved
by the State. The above-mentioned time may be extended by the State if such time is
insufficient because of acts of God or other acts or circumstances beyond the control
of the Contractor.
2. Convey or cause title to be conveyed by deed or other proper conveyance to
the Colorado Water Conservation Board, Department of Natural Resources, State of
Colorado, the following portions of the proposed project facilities:
(a) Beaver Park Diversion Dam, located nn Beaver (`reek in the NE1 of the
NE4 of Section 16, T. 18 S, R. 68 W. 6th Principal Meridian. The dam is
a concrete ogee section 30 feet high and 95 feet wide with two outlet gates.
(b) Beaver Park Upper Canal, beginning in NE4 of SE4 of Section 28 and ending
in NE4 of SE4 of section 29, T. 18 S, R.68 W. 6th Princip;. l Meridian wit.i a
length of 9,500 feet and consisting of a concrete lined ditch with a three-
foot width and three-foot depth.
(c) Brush Hollow Dam Inlet and Outlet structures located in NW4 of NW4 of
Section 30, T. 18 S, R. 68 W. 6th Principal Meridian.
(d) Beaver Park Lower Canal, beginning at a point in NW4 of SW4 of Section
30 and ending in the SE4 of NE4 of Section 31, T. 18 S, R. 68 W. 6th Principal
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*(See instructions on reverse of last page.)