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<br />EXHIBIT B <br /> <br /> <br />I'''HllO.I\I'.1l2A <br /> <br />DEP <br /> <br />no encumbrance <br />CONTIlACI'I\MENDMEN'l' <br /> <br />TillS CONTRACT, m.uJc jh~..---.ls..t_L1:ay of-.Scp.t..rnh('r <br />Slale uf Colorado for the use and benefit uf lhe OeI)artmclIl uf 'I Natural <br />(Colorado Water Conservation Board) . <br />hereinaHer referred to as the State. and '2 the Town of Nunn. <br />P. 0, Box 171. Nunn, Colorado 80648, <br />hcreina{le.r referred 10 ;u; the contractor, <br /> <br />1981, by :lI1d between lhc <br />Resources <br /> <br />WHEREAS. al.llhority exists in the Law and Funds have been budgeted, appropriated and otherwise made <br />available and a suUideRI unencumbered balance lhercof remains ilvailable for payment in Fund Number 400 B <br />G/L Accounl Number 5222X. Conlrac' Encumbrance Numbcr153311 ; and <br /> <br />WHEREAS. rC4uired approval, clearance and coordinalion has been accomplished from and with appropriate <br />lly-ellcies; and <br /> <br />WHEREAS. the State and the Contractor did on August 1. 1979, <br />enter into a contrdct for State ~artlclpatLon In the construction <br />of the Nunn water supply project for the benefit of the residents <br />of the Town of Nunn, which contrdct is dttdch~d hereto as Exhibit <br />"A" dnd 15 h~reby incorpordted herein; dnd <br /> <br />WHEREAS, due to technicdl difficulties, the Contrdctor has been <br />unable to complete construct ton of the project within two (2) yedrs <br />as prov ided In pardgrdph A.1. in Exh I b i L "All; dnd <br /> <br />WHEREAS, the Contrdctor may <br />obligdtion, dS outlined I,n A.9. <br />non-completion of the project; <br /> <br />be undble to m(~el its financial <br />in ExhibiL: "A" du(~ to the <br /> <br />NOW THEREFORE, in cons I d(!rdt ton of the mutud 1 dnd dependent <br />covenants herein contdln(!d, it is d~lre(!d by t.he pdrties hereLo La <br />dmend pdrdgrdphs A.1. and A.9. to redd <.IS folLows: <br /> <br />A. The Contrdctor dgrees thdt It will: <br /> <br />1. Cause the construcl ion of said project to be completed <br />withln three (3) yedrs of the date of this contract in dccordance <br />with the project pldns dlld speclficdl.ions dl,d dllY necessary <br />modification t.hereof ..q,provec! by I,he StdLe. No "dym(~llts wi.LI he <br />mdde under lhis contrdct until the project pldns dnd spl:cificdtions <br />dre dpproved by the Stdte. The dbove-ment.ioned time mdY be <br />extended by the St.ate if such Llme is insufficient becduse of acts <br />of God or ol.her <lcts or ci rCllmsl."lle(~s heyond I.he control of the <br />Contract.or. <br /> <br />9. To purchase from the Stdte dll of the State's right, tit,le, <br />dnd Intert!st In said project dnd dny fdcllitles thereof dt d total <br />purchase price of Three HUlldrcd Twent.y-Eight Thousdnd Seven HUlldred <br />Seventy-Six 0011"'5 ($328,776), payable In forty (40) dnnudl <br />installmenl.s of Eight Thousdnd Two HUlldred NiIH~ll~cn Dollars <br />($8,219) each, which flrst Instdllm(~nl. shall bt~ due clnd pdYdble all <br />April 1, 1982, dnd Y(~drly Uwr(~after until the entire principal sum <br />shall have been pald. Sdld lnstallment pdyment shdll be mdde <br />pdYdbl(~ 1.0 l.h(! Colorado Wdl.~r Conservdl.ion Uo.Hd, [ldYdble dt. till'. <br />offices of sdid bOdrd In Oenver, Cotorddo. <br /> <br />All other provlslons of the contract ente"red into on August 1, . <br />1979, dre to remaln undffected and in full force. <br /> <br />395-53-(11-C010 <br /> <br />1':llW I uf l P:lRl'S <br />.1S.'l" lII~lnlt"I"lIIs III' "'VO'floC ..1"I;I~II.aKe"1 <br /> <br />EXHIBIT B <br />