PROJ00021

• Contract/PO #: C153412
• Contractor Name: Louisville, City of
• Contract Type: Loan
• Water District: 6
• County: Boulder
• Bill Number: HB 83-1102
• Loan Projects - Doc Type: Contract Documents

3rd through 40th payments in constant annual
installments of Eighty-Eight Thousand Eight
Hundred Eighty~TWO Dollats and Eighty-Five
Cents ($88,882.85) each, as shown in Exhibit
B. attached hereto and incorporated
by reference herein. which first installment
shall be due and payable on the first day of
the month next succeeding the month in which
the State"determines that the project has
been sUbstantiaily completed. and yea~ly
thereafter until the entire principal sum
shall have been paid. However. in the event
the Contractor does not draw funds
commencing on the date specified in
paragraph C.I.a. below. the obligation to
repay shall be postponed for the same number
"of months as the Contractor delays in
drawing funds. Said installment payments
shall be made payable to the Colorado Water
Conservation Board. payable at the offices
of said Board in Denver. Colorado. The
Contractor pledges its full faith and credit
in support of this Obligation and warrants
that it has taken all steps necessary to
pledge its "full faith and credit for this
Obligation.

I. Upon completion of the repayment to the
State in the sum of Three Million Five
Hundred Eighty-Five Thousand One Hundred
Forty-Two Dollars and Thirty Cents
($3.585.142.30); as set forth in paragraph
A.12. of this contract. the State agrees to
convey to the Contractor all of the State's
right. title. and i~terest in and to the
project and any other property describe"d in
paragraph A.5. by deed or other proper
conveyance.

3. In the event of any conflict. inconsistency. variance.
or ~ncongruity between the provisions of this contract
amendmerit and any of the provisions of the Original Contract.
the provisions of this contract amendment shall in all respects
supersede. govern. and control.

page ~ of ~ Pages