PROJ00182

• Contract/PO #: C153416
• Contractor Name: Basalt, Town of
• Contract Type: Loan
• Water District: 37
• County: Eagle
• Bill Number: SB 78-69
• Loan Projects - Doc Type: Contract Documents

",'.,

Fmm f,.A(".1l1A

i::'
W"

(;) !k ,/?S' (OCJ3>
I)EI~MENT OR AGENCY NUMB "R
34-04-00

CONTR^C~

THIS CONTRACT. made this 1st day of July
Stale of Color:]{lo for the Ilse and benefit of the Deparlment of'l Natural
(Colorado Water Conservation Board,
hereinafter r('ferred 10 as the Slalf', and "2 the Town of Basalt,
P.O. Box Q, Basalt, CO 81621
hl'reinahcr fr[erred to as Ihe contractor,

(\f221,106.83
't 84 '
19 'by and between the
Resources

WHEREAS. lwthor;ly l'xisb in the Law and Funds huve been btldgel~d, appropriated and olher"\,,>sl;.Il"d'
aVllilablc and a ~\lHici('nl unencumbered balance thereof remains :wailahle for payment in Fund Number 4Bu
G/l AcCount Numher 5767X" Conlmct Encumbrance Number C153416. and '
ABL Account Number 17672, Org. Unit 77-77-117,

. WIIEREAS. rl'quired al1rro~al, dear,lIlee and coordination ha,s bee I) accomplished from and with appropriate
aitencil's: :Iud

WHEREAS, pursuant to the provisions of 37-60-119, Colorado
Revised Statutes 1973, as amended, the State is authorized to
construct certain water projects for the henefit of the people
of the State; and

WHEREAS, the Contractor is a duly constituted town in the
State of Colorado and wishes to improve its existing water
supply system, hereinafter called the project, for the citizens
of the Town of Basalt in Eagle County, Colorado, at an
estimated cost of Three Hundred Fifteen Thousand Dollars
($315,000); and

WHEREAS, a feasibility investigation of said project was
conducted and it was found that such a project is economically
feasible; and

WHEREAS, the State has agreed to construct said project and
to sell the same to the Contractor upon mutually agreeable
terms and conditions, subject to the availability of funding
for that purpose~ and

WHEREAS, pursuant to Senate Bill No. 69, Fifty-First
General Assembly of the State of Colorado, duly enacted into
law, the Colorado Water Conservation Board has been authorized
to ~xpend a sum not to exceed six Hundred Thousand Dollars
($600,000) for construction of the project;

NOW THEREFORE, in consideration of the mutual and
dependent covenants herein contained, it is agreed by the
parties hereto as follows:

A. The Contractor agrees that it shall:

1. Employ an engineering firm to prepare project plans
and specifications for the proposed project. Both the
engineering firm and the prpject plans and specifications shall
be approved by the State.

2. Subcontract the construction of said project to a
responsible and capable firm, said project to be completed
within two (2) years of the date of this contract in accordance
with the project plans and specifications and any necessary
modification thereof approved by the State. The State must
approve, in writing, all subcontracts before they become
effective. The above-mentioned time may be extended by the
State if such time is insufficient because of acts of God or
other acts or circumstances beyond the control of the
Contractor.

3. Require all Subcontractors to indemnify the State and
the Contractor against all liability and loss, and against all
claims and actions based upon or arising out of damage or
injury, including death. to persons or property caused by or

395-5)()1-1014

. . Pane I !If -1- pages
IS.,c onshu."'IOn"Un 'cv.."scurl~M page,)

il.Q~alt