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g. 700+ cubic yards of concrete placed in the emergency spillway h. 5.000~ cubic yards of riprap i. 50.000~ square yards of topsoil and seeding j. B.500~ square yards of road surface gravel The deed will be recorded by the Contractor in the prop~r county or counties and all recording fees shall be paid by the Contractor. The retainage shall not be paid to the Contractor until a warranty deed has been executed. recorded. and filed with the Colorado Water Conservation Board. 6. Permit periodic inspection of construction by authorized representatives of the State during and after construction. 7. Without expense to the State. manage. operate. and maintain the project continuously in an efficient and economical manner. and assume all legal liability for such management. operation. and maintenance. The Contractor agrees to indemnify and hold the State harmless from any liability as a result of the State's interest in the project facilities and any other property identified in paragraph A.5. above. The Contractor shall maintain general liability insurance covering the management. operation. and maintenance of the project until it completes repayment to the State in at least the following amounts: a. For any injury to one person in any single occurrence. the sum of Five Hundred Thousand Dollars ($500,000), b. For any injury to two or more persons in any single occurrence. the sum of One Million Dollars ($1.000.000). Said liability insurance shall name the State as a co-insured. A copy of a certificate of said liability insurance must be filed with the Colorado Water Conservation Board prior to the start of the operation of the project system. 8. Make the services of said project available within its capacity to all persons in the Contractor's service area without discrimination as to race. color. religion. or natural origin at reasonable charges (inClUding assessments. taxes. or fees). whether for one or more classes of service. in accordance with a schedule of such charges formally adopted by the Contractor through its elected officers. as may be modified from time to time. The initial rate schedule must be approved by the State. Thereafter. the Contractor may. subject to the approval of the State. make such modifications to the rate schedule as the Contractor deems necessary to efficiently and economically provide for the financial requirements of the system as long as the rate schedule remains reasonable and non-discriminatory. 9. Adjust its operating costs and service charges from time to time to provide for adequate operation and maintenance. emergency repair services. obsolescence reserves. and debt reserves. 10~ Provide the State with such periOdic reports as the State may require and permit periOdic inspections of its operations and accounts by a designated representative of the State. Page 2 of ~ Pages