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PROJ00153
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Last modified
11/19/2009 11:02:00 AM
Creation date
10/5/2006 11:40:54 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C153389
Contractor Name
Kern Reservoir and Ditch Company
Contract Type
Loan
Water District
3
County
Weld
Bill Number
SB 81-439
Loan Projects - Doc Type
Contract Documents
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<br />.,:?) <br />" , <br />. ."' <br /> <br />, I <br /> <br />C. The State agrees that it shall: <br /> <br />11. Make available to the Contractor for the purpose of this contracl <br />not to exceed the sum of Eighty-Two Thousand Nine Hundred Sixty-Seven <br />Dollars and Twenty-Three Cents ($82,967.23) in accordance with the <br />following terms and conditions: <br /> <br />a. Beginning with the monthly period co=encing September 1, <br />1982, and for every month thereafter until said project has been <br />completed, the Contractor shall prepare with the assistance of the <br />consulting engineer referred to in paragraph A.1. above an estimate <br />of the funds required from the State for project construction during <br />that month and shall forward said estimate to the State not less than <br />fifteen (15) days prior to the beginning of such month, <br /> <br />b. Upon receipt and approval by the State of such monthly <br />estimate, the State will, within forty (40) days from the receipt of <br />such estimate, pay over to the Contractor the amount of the <br />monthly estimate or such portion thereof as has been approved by <br />the State. <br /> <br />c. No payments will be made under this contract until the <br />project plans and specifications referred to in paragraph A.l above <br />are approved by the State. <br /> <br />1. Upon completion of the payment of the full purchase price to the State in <br />the sum of One Hundred Fourteen Thousand Eight Hundred Seventy-Three <br />Dollars and Forty-Seven Cents ($114,873.47) as set forth in paragraph A.12, of <br />this contract, the State agrees to convey to the Contractor all of the State's right, <br />title, and interest in and to the project by deed or other proper conveyance, <br /> <br />4. The effective date of this contract amendment is seven (7) days after the <br />day it is dated. <br /> <br />5, In the event of any conflict, inconsistency, variance or incongruity between <br />the provisions of this contract amendment and those of the Original Contract, the <br />provisions of this contract amendment shall in all respects supersede, govern and control. <br /> <br />Page d of 2 pages <br />
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