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Voini iv At 02A 1)1'. MVN'1 OR AGENCY NUMBER
<br /> r ,4-04-00
<br /> CONTRACT ROUTING NUMBER
<br /> WOO
<br /> $276, 750
<br /> CONTRACT _ _ ,
<br /> TUTS CONTRACT, made this 1st day of September 1981, by and between the
<br /> State of Colorado for the use and benefit of the Department of '' Natural Resources
<br /> (Coloradc Water Conservation Board) ,
<br /> hereinafter referred to as the State, and '2 Beaver Park Water, Inc. ,
<br /> P._O. Box 286, Penrose, Colorado 81240,
<br /> hereinafter referred to as the contractor,
<br /> WHEREAS, authority exists in the Law and Funds have been budgeted, appropriated and otherwise made
<br /> available and a sufficient unencumbered balance thereof remains as�afilable for pa meat in Fund Number4 008
<br /> G/L Account Number 5304X, Contract Encumbrance Number 3C.: and
<br /> WHEREAS, required approval, clearance and coordination has been accomplished from and with appropriate
<br /> agencies; and
<br /> WHEREAS, .3 pursuant to the provisions of 37-60- 119 , Colorado
<br /> Revised Statutes 1973, as amended, the State is authorized to
<br /> construct certain water projects for the benefit of the people
<br /> of the State ; and
<br /> WHEREAS, the Contractor is a duly const*.tuted mutual ditch
<br /> company in the State of Colorado and wishes t,o undertake
<br /> repairs of its irrigation system, hereinafter called the
<br /> project , for the Beaver Park Water , Inc . , shareholders in
<br /> Fremont County, Colorado, at an estimated cost of Two Hundred
<br /> Seventy-Six Thousand Seven Hundred Fifty Dollars ( $276 , 750 ) ;
<br /> a n d
<br /> WHEREAS, a feasibility investigation of said project was
<br /> conducted and .it was found that such a project is economically
<br /> feasible ; and
<br /> WHEREAS, the State has agreed to construct said project and
<br /> to sell the same to the Contractor upon mutuj414y , agreeable
<br /> terms and conditions, subject to the availatft; iis; 01und.ing
<br /> for that purpose ; and , .c '#
<br /> WHEREAS , pursuant to Senate Bill N'o `. 6r7 ,,Fifty-Second
<br /> General Assembly of the State of Colora %o, #du a'"ppie a ed into
<br /> law, 'the Colorado Water Conservation Board ' has ;+ben th ized
<br /> to expend a sum not to exceed Six- Hundred �7��Th.ir'ty `Y
<br /> an,. p
<br /> Dollars ($630 ,000) for construction of the project ; ----, 4',., �1
<br /> NOW THEREFORE , in consideration of the mutual and
<br /> dependent covenants herein contained , it is agreed by the
<br /> parties hereto as follows :
<br /> A. The Contractor agrees that it shall :
<br /> 1 , Employ an engineering firm to prepare project plans
<br /> and specifications for the proposed project . Both the
<br /> engineering firm and the project plans and specifications shall
<br /> be approved by the State.
<br /> 2 . Subcontract tha construction of said project to a
<br /> responsible and capable firm, said project to be completed
<br /> within two (2 ) years of the date of this contract in accordance
<br /> with the project plans and specifications and any necessary
<br /> modification thereof approved by the State. The State must
<br /> .ars- rove , in writing , all subcontracts before they become
<br /> e ';'ective. The above-mentioned time may be extended by the
<br /> 395-53-01-C 010
<br /> Page 1 of_2_pages
<br /> *(See instructions on reverse of last page.)
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