CT2019-3687 Contract

• Contract/PO #: CT2019-3687
• Contractor Name: Central Colorado Water Conservancy District, Groundwater Management Subdistrict
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

TABLE OF CONTENTS
COVER PAGE 1
SIGNATURE PAGE 2
1. PARTIES 3
2. TERM AND EFFECTIVE DATE 3
3. DEFINITIONS 4
4. AMENDMENTS AND OPTION LETTERS 6
5. CONTRACT AMENDMENT SERVICE FEES 7
6. PROMISSORY NOTE PROVISIONS 7
7. INTEREST PRIOR TO PROJECT COMPLETION 7
8. RETURN OF UNUSED LOAN FUNDS 7
9. BORROWER'S AUTHORITY TO CONTRACT 7
10. BOND COUNSEL'S OPINION LETTER 8
11. PLEDGE OF REVENUES 8
12. RELEASE AFTER LOAN IS REPAID 9
13. WARRANTIES 9
14. OPERATION OF PROJECT 10
15. CONFIDENTIAL INFORMATION-STATE RECORDS 10
16. CONFLICTS OF INTEREST 11
17. INSURANCE 12
18. BREACH OF CONTRACT 12
19. REMEDIES 12
20. DISPUTE RESOLUTION 13
21. NOTICES AND REPRESENTATIVES 13
22. STATEWIDE CONTRACT MANAGEMENT SYSTEM 13
23. GENERAL PROVISIONS 14
24. COLORADO SPECIAL PROVISIONS (COLORADO FISCAL RULE 3-1) 16
APPENDIX 1, PROJECT SUMMARY 1
APPENDIX 2, SAMPLE OPTION LETTER 1
APPENDIX 3, PROMISSORY NOTE 1
APPENDIX 4, RESOLUTIONS OR ORDINANCE 1
APPENDIX 5, SECURITY AGREEMENT 1
1. PARTIES
This Contract is entered into by and between Borrower named on the Cover Page for this Contract
(the"Borrower"),and the STATE OF COLORADO acting by and through the State agency named
on the 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
The Loan Effective Date means the date on which this Contract is approved and signed by
the Colorado State Controller or designee, as shown on the signature page for this Contract.
This Contract shall not be valid or enforceable until the Loan Effective Date. The State
shall not be bound by any provision of this Contract before the Loan Effective Date, and
Contract Number:CT2019-3687 Page 3 of 19 Version 0119