PROJ00291

• Contract/PO #: C153311
• Contractor Name: Nunn, Town of
• Contract Type: Loan
• Water District: 0
• County: Weld
• Bill Number: SB 78-69
• Loan Projects - Doc Type: Contract Documents

'1

form 6-AC.02A

No encumbrance
CONTRACT AMENDMENT

THIS CONTRACT. made this 1st day of May

Stjlle of Coloroldo for the use and benefit of the Department of "1
(Colorado Water Conservation Board),

hereinafter referred to as the State, and'2 the Town of Nunn I
P. O. Box 171, Nunn, Colorado 80648,

1982. by and between the
Natural Resources

hereinafter referred to as the contractor.

WHEREAS. authority exists in the law and Funds have been budgeted. appropriated and otherwise made
available and a $uffici~mbered balance thereof remains available for payment in Fund Number 4008
G/L Accounl Number . Contract Encumbrance Number 1 ~ 111 1 : and
ABL Account Number ~, Org. Unit 77-77-777,
WHEREAS. required appro'J~cte~rallce and coordination has been accomplished from and with appropriate
agencies; and

WHEREAS, the State and the Contractor did on August 1, 1979,
enter into a contract and on September 1, 1981, into an amended
contract for State participation in the construction of the Nunn
water supply project for the benefit of the residents of the Town of
Nunn, which contract and amended contract are attached hereto as
Exhibits A and B and are hereby incorporated herein; and

WHEREAS, due to technical difficulties, the Contractor has been
unable to complete construction of the project within three (3)
years as provided in paragraph A.1. in Exhibit B; and

WHEREAS, the Contractor may be unable to meet its financial
obligation, as outlined in A.9. in Exhibit Bt due to the
non-completion of the project;

NOW THEREFORE, in consideration of the mutual and dependent
covenants herein contained, it is agreed by the parties hereto to
further amend paragraphs A,I. and A.9, to read as follows:

A. The Contractor agrees that it will:

1. Cause the construction of said project to be completed
within four (4) years of the date of this contract in accordance
with the project plans and specifications and any necessary
modification thereof approved by the State, No payments will be
made under this contract until the project plans and specifications
are approved by the State. 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.

9. TO purchase from the State all of the State's right, title,
and interest in said project and any facilities thereof at a total
purchase price of Three Hundred Twenty-Eight Thousand Seven Hundred
Seventy-Six Dollars ($328,776), payable in forty (40) annual
installments of Eight Thousand Two Hundred Nineteen Dollars
($8,219) each, which first installment shall be due and payable on
November 1, 1982, and yearly thereafter until the entire principal
sum shall have been paid. Said installment payments shall be made
payable to the Colorado Water Conservation Board, payable at the
offices of said board in Denvert Colorado.

All other provisions of the contracts entered into on August 1,
1979t and on September 1, 1981, are to remain unaffected and in full
force.

39S.S3.{J1-C01Q

Page I of ---1- pages
.(See instructions on reverse of Int page.)

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Nunn/am