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Furm 6�ACL2A IR 5/851
<br />NOFRPB
<br />,
<br />� �� 87 �jn y�
<br />IIEPnN'f af ON AGENCY YU.NOER
<br />34-09-00
<br />CONTNAITROUT�NGNUMBFR
<br />�r�.5 '�
<br />PROJECT S7•900,000 - � ,���//
<br />CONTRACT AMENDMENT
<br />c� �c.Ce� ��: �"hG4lu.l-�'
<br />THIS CONTRACi, made �his_ 1 s.�day oL Ju1V 198 �, by and between �he
<br />Slale of Colnrado for �he uae and Arnefil uf 1ne Ikpanmenl uf '' Ndtuidl R050urCO5
<br />lCNnraAn Waro,- r.,nco,-..��:..., n„_.-a� .
<br />• l
<br />i
<br />hereinafler re(erred lo as Ihe Sla�e. und '�
<br />hereinuNer referred to as IhR �nlracluq
<br />WHEREAS, aWhorily e�is'�s �n �he faw and Funds have been 6udgeled, appropnnted and ntherwise made
<br />+vnileAle and a suffi<ienl unencum6ered hulance Ihcreof remaim avuilable for paymenl in Fund Number g 008
<br />GL Amnunl Number�Q$$, Conlrac� Enaimbrance NumberC153491 � �nd
<br />ABL Account No. 19080, Org. Unit 77-77-777
<br />WHEREAS, reyuired appruval, dearance und coordinaliun has hren accomplished from and wiih apprupriate
<br />agencies; and
<br />WHEREAS, pursuan[ to che provisions of 37-60-119, Colocado
<br />Revised Statutes, C�e Sta[e is authorized to loan money for the
<br />construction of water projects for [he benefit of the people oE
<br />the Sta[e; and
<br />WHEft6A5, section 1(1)(a) oE chapter 905, Session Laws of
<br />Colorado 198�, authorized the Colorado Wa[er Consecva[ion
<br />Boacd, subjec[ Co [he conditions set forth in section 1(1)(d)
<br />of the said ac[, [o construct or cause to be cons[ructed the
<br />S[agecoac❑ Dam and Reservoir and associa[ed &i[e developments,
<br />hereinaf[er referred to as the project; and
<br />WHEREAS, t�e Contractor and [he Sta[e, aCting [nrougn [he
<br />Colorado Water Conservation Boacd, entered into a contract on
<br />April 15, 1987, contract encumbrance number C-153991,
<br />�ereinafter referred to as the original contcact, [o loan money
<br />[o the Contractor for C�e construction of Che project, which
<br />original contract is attached hereto and by Ghis reference
<br />incorporated herein: and
<br />WHEREAS, the amount of money which [he Colorado Wate�
<br />Conservation Hoard is au[Aocized [o loan Eot the cons[ruction
<br />of the project has been increased to Eight Million Dollars
<br />($8,000,000), or fifty percent of Che project's total eliqible
<br />costs, whichever is less, by section 2 oE Senate Bill 15, 1987
<br />Session; and
<br />WHEREAS, the State is prepared to increase its loan to Che
<br />Disttict for the cons[ruction of the project to Seven Million
<br />Nine Hundred Thousand Dollars ($7,900,000), subject to the
<br />availability of appropciations for that purpose, said sum being
<br />fif[y percent of [de pcoject�s to[al eligible costs.
<br />NOW THEREFORE, in consideration of the mutual and dependent
<br />covenan[s contained herein and in the original contract, i[ is
<br />agreed by tAe parties Aereto as Eollows:
<br />1. In paragraph A.1. oE the original contrac[, delete [he
<br />words "Six Million Six Hundred Tnousand Dollars ($6,600,000)"
<br />as they appear twice in that paragraph and insert in lieu
<br />thereof eac❑ time Che words '�Seven Million Nine Hundred
<br />Thousand Dollats ($7.900,000)".
<br />2. Delete paragraph B.17. in i[s entirety Erom the original
<br />con[ract and inserC in lieu tAereof the following nev paragraph:
<br />"17. a. So long as paragraph B.17.b. is not
<br />applicable, the Con[ractor shall repay to [he
<br />State SeVen Million Nine Hundred Thousand
<br />Dollars ($7.900,000) with interest [hereon at
<br />the rate of S percent (58) per annum, such
<br />in[erest Co begin accruing on November 15 oE
<br />Y95i]U'F'p"W p��e I n( 9 page�
<br />3863E
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