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<br />, <br /> <br />, <br />J <br /> <br />e <br /> <br />e <br /> <br />. <br /> <br />Agenda Item 23 f <br />March 20-21,2000 Board Meeting <br />Page 9 of 12 <br /> <br />needed in any given year, deliveries of the reduced amount of water shall be <br />divided evenly between Denver Water's sources and the River District's sources. <br /> <br />3. Notwithstanding that other parties may legally benefit from the performance of <br />this Agreement, it is specifically understood and agreed that no third party <br />beneficiaries are created or intended by this Agreement regarding enforcement of <br />the parties' rights and obligations. <br /> <br />6. Effectiveness and Term <br /> <br />1. This Agreement shall become effective upon the execution of the River <br />District/Service Agreement. Upon satisfaction of this condition, this Agreement <br />shall be implemented commencing July I, 2000 for a period of ten (10) years, until <br />a permanent source for the 5,412.5 acre feet is developed, or for as long as the <br />PBO is in effect, whichever is less. The term of this Agreement may be extended <br />upon the mutual written agreement ofthe parties for up to five (5) additional years. <br /> <br />7. Termination <br /> <br />I. This Agreement may be temporarily suspended or terminated by any of the parties <br />hereto if any of the following conditions occur; <br /> <br />I. The CWCB refuses to accept delivery of the 10,825 acre-feet of water to be <br />provided by the water users; or <br /> <br />2. The State or Division Engineer interferes with the right of Denver Water to fill, <br />in accordance with existing or future rights or during free river periods, the <br />space in the reservoirs vacated by the release of any portion of the 5,412.5 <br />acre-feet of water. <br /> <br />~Ifthis Agreement is terminated, the action item in the PBO for providing the <br />10,825 acre-feet of water per year will be deemed not to have been <br />accomplished. <br /> <br />8. Entire Agreement and Amendments <br /> <br />I. This Agreement, with any exhibits hereto, is the complete integration of all <br />understandings between the parties. No prior or contemporaneous addition, <br />deletion, or other amendment hereto shall have any force or effect whatsoever <br />unless embodied herein in writing. No subsequent novation, renewal, addition, <br />deletion or other amendment of this Agreement shall have any force or effect <br />unless embodied in a written modification executed and approved by all parties. <br />