C153630 Contract

• Contract/PO #: C153630
• Contractor Name: Ignacio, Town of
• Contract Type: Loan
• Water District: 31
• County: La Plata
• Bill Number: SB 92-87
• Loan Projects - Doc Type: Contract Documents

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Dollars ($150,000).

b, For any injury to two or more persons in any
single occurrence, the sum of six Hundred Thousand
Dollars ($600,000).

c. For any damage to property, the sum of six Hundred
Thousand Dollars ($600,000) for each occurrence.

said general liability insurance shall name the state
as a co-insured. A copy of a certificate of said
liability insurance must be filed with the state prior
to the start of the operation of the project system.
Such certificate shall be incorporated herein as part
of this contract.

8. Make the services of said project available within its
capacity to all qualified persons in the Contractor's service
area without discrimination as to race, color, religion, or
natural origin at reasonable charges (including assessments,
taxes, or fees), whether for one or more classes of service, in
accordance with a schedule of such charges formally adopted by
the Contractor, as may be modified from time to time. The
initial rate schedule must be approved in writing by the state
before any such charges are initially assessed. Thereafter, the
Contractor may, subject to the approval of the State, make such
modifications to the rate schedule as the Contractor deems
necessary to efficiently and economically provide for the
filiancial requirements of the system, including repayment of the
State, as long as the rate schedule remains reasonable and
non-discriminatory.

9. Pursuant to Section 31-15-302, C.R.S. (1986), adjust
its operating costs and service charges and levy assessments
from time to time as necessary, upon written notice from the
state, to provide sufficient funds for adequate operation and
maintenance, emergency repair services, obsolescence reserves,
and debt reserves, and to assure repayment of the project loan
to the state as provided herein.

10. Pursuant to Section 31-15-302 (1986), have its Board of
Trustees take all necessary actions consistent therewith to
adopt an ordinance authorizing the Contractor to contract this
loan debt, and authorizing the Mayor and the Town Clerk to pay
the indebtedness. Such orders shall be attached hereto as
Exhibit A and included herein. The Contractor shall also
authorize the deed of trust as security interest as required by
the state in paragraph A.14. below. Such authorization shall be
attached hereto and incorporated herein as Exhibit B. The above
conditions must be performed by the Contractor prior to the
state performance under this contract.

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