Laserfiche WebLink
this Contract, (ii)an assessment covenant; (iii) annual financial reporting, and an undivided <br /> one hundred percent(100%) interest in the Onion Valley Dam(aka Gould Reservoir)as more <br /> particularly described in the attached Deed of Trust(Appendix 6). All Loan Security shall be in <br /> accordance with CWCB Policy No. 5. <br /> Section 7—Additional Conditions and Requirements <br /> The Company shall provide evidence of grant funding approval from the Bureau of <br /> Reclamation's Colorado River Basinwide Salinity Program. <br /> Section 8—"Construction Fund Program" Procedures for Projects <br /> A. The Borrower shall employ an engineer, registered in the State of Colorado to prepare plans and <br /> specifications for the Project. <br /> B. Engineering contracts and the plans and specifications must be submitted to the CWCB staff for <br /> verification of compliance with the terms of this Contract when available prior to bidding. Any <br /> modifications,to the plans and specifications that effect changes to the construction costs must be <br /> approved in writing by CWCB. <br /> C. For plans and specifications for all jurisdictional dams and reservoirs, as defined by <br /> §37-87-105 C.R.S., the Borrower shall provide a letter of approval from the State Engineer's <br /> Office prior to construction. <br /> D. The Borrower shall notify CWCB of the bid opening date, time and location. CWCB staff may <br /> elect to attend the bid opening. <br /> E. The Borrower shall contract for the construction of the work with responsible and capable <br /> Construction Firms, selected by the Borrower and found acceptable by the CWCB staff. CWCB <br /> must approve the award of the construction contract. <br /> F. The Borrower must provide a copy of the following construction contract documents: executed <br /> contractor's proposal, executed construction contract, executed performance bond, executed <br /> payment bond, executed notice of award, proposed notice to proceed, sample change order, and <br /> sample field order, as well as the advertisement for bid. After the CWCB staff verifies that these <br /> documents comply with the terms of this Contract, the Borrower may issue the notice to proceed <br /> to the Construction Firms. <br /> G. The Borrower shall conduct a pre-construction conference at which time the CWCB staff shall <br /> have the opportunity to review and approve the construction schedule. <br /> H. If the CWCB staff determines that the Project requires a resident inspector during construction, <br /> the Borrower shall employ an inspector who has been approved by the CWCB staff. <br /> I. The Borrower shall construct the Project in accordance with the approved plans and <br /> specifications. <br /> J. Upon completion of the Project construction, the Borrower shall provide as-built drawings of the <br /> PROJECT to the CWCB staff, or, if required by § 37-87-105, C.R.S., the Borrower shall provide <br /> the as-built drawings to the State Engineer's Office for approval and filing. <br /> K. Upon completion of the Project construction,the Borrower shall arrange a final inspection for the <br /> CWCB staff <br /> Page 2 of 3 <br /> Appendix 1 <br /> Contract Number:CT2019-2848 <br />