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<br />--~'-.. <br />,'- \ <br /> <br />r' <br />,. <br />,< <br /> <br />have any force or effect whatsoever unless embodied herein ~n <br />writing. No subsequent novation, renewal, addition, deletion or <br />other amendment hereto shall have any force or effect unless <br />embodied in a written contract executed and approved pursuant to <br />state fiscal rules. <br /> <br />H. Pursuant to ~37-60-120, C.R.S., and its other authority, <br />in its sole discretion, the State may at any time give any consent, <br />deferment, subordination, release, satisfaction, or termination of <br />any or all of the Borrower's obligations under this Contract with <br />or without valuable consideration, upon such terms and conditions <br />as the State may determine to be: <br /> <br />I. advisable to further the purposes of this Contract <br />or to protect the state's financial interest therein, and <br /> <br />2. consistent with both the statutory purposes'of this <br />Contract and the limitations of the statutory authority under which <br />,it is made. <br /> <br />I. The Colorado Water Conservation Board, its agents and <br />employees, is hereby designated as the agent of the State for the <br />purpose of this Contract. <br /> <br />J. All notices, correspondence <br />by this Contract shall be delivered <br />addresses: <br /> <br />or other documents required <br />or mailed to the following <br /> <br />(a) For the State: <br /> <br />(b) For the Borrower: <br /> <br />Daries C. Lile, P.E., Director <br />Colorado Water Conservation Board <br />1313 Sherman Street, Suite 721 <br />Denver, Colorado 80203 <br />Attn: William P. Stanton, P.E. <br /> <br />Michael Woodruff, Mayor <br />Town of Erie <br />P. O. Box 100 <br />Erie, Colorado 80516 <br /> <br />w:\wctrans\ERIE.CON <br /> <br />Page 11 of 13 pages <br />