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<br />.~ <br /> <br />-".,. <br /> <br />-v <br /> <br />AGENCY NAME: Water Conservation Board <br />AGENCY NUMBER: PDA <br />ROUTING NUMBER: ~ '1. - 000'-(7 <br /> <br />CON T RAe TAM END MEN T No. 1 <br /> <br />THIS AMENDMENT, made this 1st day of May 1999, by and between the State <br />of Colorado for the use and benefit of the Department of Natural Resources, Colorado <br />Water Conservation Board (CWCB), hereinafter referred to as the STATE, and the <br />Castle Pines North Metropolitan District and the Castle Pines North Metropolitan District <br />Water Activity Enterprise, 7404 Yorkshire Drive, Castle Rock, Colorado 80104, <br />hereinafter referred to as the CONTRACTOR. <br /> <br />..~ <br /> <br />FACTUAL RECITALS <br /> <br />A. Authority exists in the law, and funds have been budgeted, appropriated, and <br />otherwise made available and a sufficient unencumbered balance thereof remains <br />available for payment in Fund Number 424, Appropriation Code 534, Contract <br />Encumbrance Number C153711. <br /> <br />B. Required approval, clearance, and coordination has been accomplished from and with <br />appropriate agencies. <br /> <br />C. The State and the Contractor entered into a contract dated February 14, 1996, <br />Contract Encumbrance Number C153711, hereinafter referred to as Original <br />Contract, incorporated herein by reference, wherein the State agreed to loan money <br />in the total amount of $301,500, and the Contractor agreed to repay the loan in <br />accordance with the terms of the Original Contract. <br /> <br />D. The Contractor borrowed only $255,803.52 out of the $301,500.00 authorized <br />amount. <br /> <br />E. The project was substantially complete as of December 1, 1996. <br /> <br />F. The Contractor has made all scheduled payments and is current on the repayment <br />of the loan. <br /> <br />G. The parties agree to amend the contract to reflect the actual loan amount and the <br />annual payment due date. <br /> <br />NOW THEREFORE, it is hereby agreed that <br /> <br />1. Consideration for this Amendment to the Original Contract consists of the payments <br />which shall be made pursuant to this Amendment and Original Contract and the <br />promises and agreements herein set forth. <br /> <br />2. It is expressly agreed by the parties that this Amendment is supplemental to the <br />Original Contract, and all terms, conditions, and provisions thereof, unless specifically <br />