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<br />DE!" ENT OR AGENCY NUMBER
<br />34-04-00
<br />COrJTRACT ROUTING NUM8ER
<br />&:)/0
<br />$1,500,000 5-'; u 3 "
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<br />CONTRACT
<br />
<br />THIS CONTRACT, made (/lis 15th day of December 197..2, by and between the
<br />Slate of Colorado for the use and benefit of tile Department of" Natural Resources
<br />(Colorado Water co~servation Board)
<br />hereinafter referred 10 as, the Slate, and "2 Beaver Park Water. Inc., P.O. Box 286,
<br />Penrose. Colorado 81240
<br />hereinafter referred to as the contractor,
<br />
<br />WHEREAS, authority exists in the Law and Funds have l.een hudgeteJ. appropriated and otl1erwise made
<br />available and a suHicient unencumbered balance thereof remains available (or payment in Fund Number 4008 ,
<br />G/l Account Number 5603;;, Contract Encumbrance Number (Z' /<; .l~ ; and
<br />
<br />WHEREAS. required approval, clearance and coordination has been accomplished from and with appropriate
<br />agencies; and
<br />
<br />WHEREAS, '~ursuant to Title 37, Article 60, Colorado Revised statutes
<br />1973, as amended, t~e state, through the colotado Water Conservation
<br />Board, may construct water resource projects ond make the waters avail-
<br />able therefrom to t~e residents of the state Of Colorado upon conditions
<br />to be determined by the Colorado Water Conser~ation Board; and
<br />
<br />WHEREAS, the contractor is a duly constit0ted incorporated entity
<br />of the state of Colorado and wishes to refinance its irrigation system,
<br />hereinafter called the project, for the Beave~ Park community in
<br />Fremont county, colorado. at an estimated cost of One Million Five
<br />Hundreu Thousand Dollars ($1,500,000); and
<br />
<br />WHEREAS. the st~te, through the COlorado ~ater Conservation Board,
<br />has agreed to refin~nce said project and to sell the same to the Con-
<br />tractor upon mutualJy agreeable terms and conditions, subject to the
<br />approval of apPropr~ations for that purpose by the Colorado General
<br />Assembly and the GovernOr of the state of COlorado; and
<br />
<br />WHEREAS, pursuaOt to Senate Bill No. 537, Fifty-Third General
<br />Asselnbly of the sta~e of Colorado, duly enacted by the COlorado General
<br />Assembly and approved by the Governor of the state of Colorado, there
<br />was appropriated to the ColoradO Water Conservation Board the sum of
<br />One Million Five Hu~dred Thousand Dollars ($1,500,000) fOr refinancing
<br />of the Beaver Park rroject;
<br />
<br />NOW, THEREFORE, in consideration of the mutual and dependent
<br />covenants herein co~tained, it is agreed by the parties hereto as
<br />follows:
<br />
<br />A. The Contractor agrees that it will:
<br />
<br />1. Cause refinancing of said project within one (1) year of the
<br />date of this contract. No payments will be made under this contract
<br />until article A.2. of this contract has been complied with.
<br />
<br />2. Conveyor cause title to be conveyed by deed or other prOper
<br />conveyance to the colorado water Conservation Board, Department of
<br />Natural Resources, state of Colorado, the following water rights:
<br />
<br />BEAVER PARK WATER RIGHTS
<br />
<br />Priority
<br />No.
<br />
<br />~
<br />
<br />Pt'io:eity
<br />Date
<br />
<br />Amount
<br />(cfs)
<br />0.217
<br />0.25
<br />1.00
<br />0.9.7
<br />0.783
<br />1. 56
<br />
<br />14
<br />17
<br />19
<br />20
<br />21
<br />22
<br />
<br />T. Patton #1
<br />Hulbert
<br />Winbourn
<br />Mcclure
<br />T, Patton #1
<br />Banta & Merit
<br />
<br />4-15~1871
<br />5-02~1871
<br />12-20~1871
<br />1-02~1872
<br />4-15~1872
<br />1-02~1873
<br />
<br />Page I of -2..... pages
<br />"'(See insfruclionsoll revcrseoflastpase.)
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