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<br />b4 For dny injury to l.wo or more persons in dny <br />single ocCUrrel\Ce, the sum of Four HUlldred ThouSdlld <br />DolLars ($400,000). <br /> <br />Sdid liability insurance shall ndme the State as d <br />co-insured. A copy of a certificate of said liability <br />insurance must be filed with the Colorddo Water Conservation <br />Board prior to the start of the operation of the project <br />system. <br /> <br />8. Make the services of said project available within its <br />capacity to all persons in the Contractor's service area <br />without discrimination as to race, color, religion, or natural <br />origin at reasonable charges including assessments, taxes, or <br />fees in dccordance with a schedule of such charges, whether for <br />one or more classes of service, formally adopted by the <br />Contrdctor through its board of directors, as may be modified <br />from time to time by the Contrd.ctor. The initial rate schedule <br />must be approved by the Stdte. Thereafter, the Contractor may, <br />subject to l.he dpprovdl of the State, mdke such modifications <br />to the rdte schedule dS the Contrdctor deems necessdry to <br />efficiently dnd economicdLly provide for the financial <br />requirements of the system dS long as the rdte schedule remains <br />redsonable dnd non-discriminatory. <br /> <br />9. Adjust its operating costs dnd servIce charges from J~ <br />time to ttm~ to provide for ddequdte operation dnd maintendnC~i OV~ <br />emergency repdir services, ebsele5~eAee re..ser,t..3, dl'\d debt. f.I.~ .JI /2 <br />. 0'~. . Ie,. .,A.jj;:;J <br /> <br />104 Expand the system from time to time to meet reasonable <br />growth or service requirements in the dcea wi.thin Its <br />jurisdi.ction. <br /> <br />11. Provide the State with such periodlc reports as It may <br />require dnd permtt perlodic inspections of its operations and <br />dccounts by a designdted representdtive of the State. <br /> <br />12. Purchase from the State ail of the State's right, <br />title, dnd interest In said project: dnrl dny fdCll ities thereof <br />dt d lotal purchdse price of Fourteen Thousdnd Sixty-Eight <br />Doll.drs ($14,068) pdYdble in ten (10) dnnual. installments of <br />One Thousdnd Four Hundred Six Dollars dnd Eighty Cents <br />($1,406.80) edch, whiCh fi.rst Instdllment shall be due and <br />pdYdble on October 15, 1983, dnd Y(~<.Irly Lher(~dfler until lhe <br />entire principdl sum shall have been pdid4 Sdid installment <br />payments shall be made payable to the Colorado Water <br />Conservation BOdrd, pdYdble at the offices of sdid BOdrd in <br />Denver, Colorddo. <br /> <br />on the pro dn dmount not <br />owing to the Sta or purchdse of <br />lhe Contrdctor has pur ,d th(~ <br />shall be the sole insured 0 <br />pdy"bl" La I.he SI."l.e sh,,11 be <br />payments made to the St nder this lns <br />,only a portion of purchdse price is pdid to <br />thls palle e number of lnstdllment payments shal <br />unchd , however the amount of edch pdyment shall be <br /> <br /> <br /> <br />u;; <br /> <br /> <br />144 Comply wIth Construction Fund Progrdm Procedures <br />attached hereto as Schedule A. <br /> <br />15. Comply with the provisions of Section 5 of S.8. 439, <br />1981 Session of the Colorado Generdl Assembly. <br /> <br />8. Upon defdult in the pdym(~nt.s herein set. forth to be mdde <br />by the ContrdcLor, or in the performdllcc of dny covendnt or <br /> <br />Pdg(~ J 0 r 7 PdY(:S <br />