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<br />.', <br /> <br />F0lII'I6.AC'-02AIR S/8S1 <br /> <br />rrC-07T7r;:r'>-7 <br />" 'Zt~~ <br />...irH OR AGeNCV NUMBeR <br />34-04-00 <br />fO:-OTRACT ROt:T~~~~J8;; <br /> <br />REDUCTION IN ENCUMBRANCE <br />PROJECT From $lt781~OOO.OO <br />CONTRACT AMENDMENT $ <br />_ ~~ To 1,588,270.73 <br />THIS CONTRACT. made IhlS J ~ d f AA .d .,. Z <br />BV 0 , .,n,' 198. by and between the <br />Scatc of Cl)lorado for lht: Ul;C :md bendil of tqc Department Qf "1 Natural R sources <br />(Colorado Water Conservat1on Baara, , <br />hereinafter n-ferred to as the St;'llt and "1 the C1ty of LouisvJ.lle <br />749 Main St., Louisville, CO 80227, , <br />hfr~ina(tcr referred to as IheConlraclor. <br /> <br />-&-1 <br />LlEPAh. <br /> <br />1 <br /> <br />. WHEREAS, ~lI.(horiIY l''l;iSt5 in lilt: L.1wand Funds h:lve been budgeted. appropriated and otherwise made <br />llVllllllbll' and a SUrrltICS40".,JlCUmbered balance thereof remains available for "'payment in Fund Number 4008 <br />CI~Lc()Unl NlLmber~. ((mtracl Encumbrance Number C153412. and . <br />Account Number 140701 Org. Unit 77-77-777, <br />,WHEREAS. rl!lju;,ed aIlI'l(()v;ll. clc:nano.:e and coordination hll.~ been accomplished from and with appropriate <br />ll!enCles: and <br /> <br />WHEREAS. a contract was entered into on August 1. 1983, <br />Contract Encumbrance Number 153412 ("the oriqinal 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 s~e's estimate: and <br /> <br />WHEREAS. for the above reason it is in~Llt.Jr.gerest <br />of the State and the Contractor to r duce the~~ f oneys <br />made available to the Contractor fo;~c;nstruction this <br />project: and JI.l~ ~Jr1r <br /> <br />WHEREAS. repayments for the State loan ~i~~ ct <br />proportion to the amount of money loaned: and ~JI:, <br /> <br />WHEREAS. the State and tbe 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 1. <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 followinq 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 Hundr&d Three Thousand <br />Ninety-Seven Dollars ($103.797) <br />One Hundred Three Thousand <br />Ninety-Seven Dollars ($103,797) <br /> <br />., <br /> <br />397.SJ{)lo1O"14 <br /> <br />PaJ,e I of.....!...p,agl!:! <br />.,~,... j"'ln...I;'.n .,'" .....~.~..( :a<, ~-:;"l <br /> <br />2960E <br />