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<br />F0ITl16-AC'-02A IR 5/H5> <br /> <br />Scl ~. {.i;cf:W',.k~/U5,/ <br /> <br />VEPA"'. "t:NT OR AGENCY NUMBER <br />34-04-00 <br />CO~TRACT ROl~nN(j NUMBER <br /> <br /> <br />REDUCTION IN ENCUMBRANCE <br />PROJECT Fr'om $1~781,OOO.OO <br />:rl.. CONTRACT AMENDMENT To $1,588,270.73 <br /> <br />THIS CONTRACT. made this J -:z... day of ItA fi t 19SIs': b d b h <br />S f "q. yan etweente <br />late () Colorado for the use and benefit of Iqe Department Qf"l 'Natural R sources <br />{Colorado Water Conservatlon BOara}, <br />hereinafter re~erred to as the State. and "2 the Clty of Louisvllle, <br />749 Maln St., Louisville, CO 80227, <br />he-reinafrer referred to as theContractor. <br /> <br />. .". WHEREA~. ~u.th(JriIY exists in the L1W and Funds have been budgeted, appropriated and otherwise made <br />available and a sufflCleS4 Cf71lcumbered balance thereof remains available for ~paymenr in Fund Number 4008 <br />G/L Account Number X" Contracl Encumbrance Number C1534l2" a"nd . <br />ABL ACCQun t Number 14 0 7 0, Org. Uni t 77 -77 - i77 <br />- , <br />.WHEREAS. required approval. clcanlllce ;md coordination has been accomplished from and with approp , I <br />Ilgencles: and na e <br /> <br />WHEREAS. a contract was entered into on August 1. 1983. <br />Contract Encumbrance Number 153412 (lithe Original Contract"). <br />between the State and the Contractor; and <br /> <br />WHEREAS. construction bids received for the Louisville <br />(Harper Lake) Project were lower then the State1s estimate: and <br /> <br />WHEREAS. for the above reason it is in the mutual interest <br />of the State and the Contractor to reduce the amount of moneys <br />made available to the Contractor for the construction of this <br />project; and <br /> <br />WHEREAS. repayments for the State loan are in direct <br />proportion to the amount of money loaned: and <br /> <br />WHEREAS. the State and the Contractor find that they will <br />mutually benefit from the modification of the contract language <br />concerning the repayment. as set forth below. <br /> <br />NOW. THEREFORE. it is hereby agreed that: <br /> <br />1. This contract amendment is a supplement to the <br />Original Contract (EXhibit A). which is. by this reference. <br />incorporated and made a part hereof. and all the terms. <br />conditions and provisions thereof. unless specifically <br />modified herein. are to apply to this contract amendment as <br />though they were expressly rewritten. incorporated. and <br />included herein. <br /> <br />2. The only modifications. alterations. or changes in <br />the Original Contract shall be that paragraphs A.12. and I. <br />of the Original Contract on pages 3 and 5. respectively. of <br />8 pages. shall be deleted. and in their place shall be <br />inserted the following substitute paragraphs: <br /> <br />A.12. Repay to the State the total <br />principal sum of Three Million Five Hundred <br />Eighty-Five Thousand One Hundred Forty-Two <br />Dollars and Thirty Cents ($3.585.142.30). <br />which includes the project loan amount and <br />the feasibility report amount. together with <br />interest at the rate of five percent (5\) <br />per annum. said repayment to be made in the <br />following manner: <br /> <br />1st payment: <br />Seven Hundred <br />2nd payment: <br />Seven Hundred <br /> <br />One Hundred Three Thousand <br />Ninety-Seven Dollars ($103.797) <br />One Hundred Three Thousand <br />Ninety-Seven Dollars ($103.797) <br /> <br />. <br /> <br />395-:5J.01.o10.[4 <br /> <br />Page I of ~ pages <br />"1,0;:,,1' i"~ln".t;"n; ,',. .....~r.'" ,,( 13<' ~-:;t" ) <br /> <br />2960E <br />