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<br />2. P(~rmil. periodic inspt.:ctiull or consl.ructioll by <br />duthoriz(~d repres(~ntdt.iv(~s of the St.dte durill~J dnd ...fl.er <br />cOllsl rucl lUll. <br /> <br />3. Willlou\ eXpellS(> \.0 I.hl~ Stdl(~, nldlldye, OIH,I'.J1('1 dud <br />mainldin the project system conlinuously in dn efficienL dnd <br />economical mdnner, dnd dssume dLL legdl lidbilily for such <br />mdndgemenl, operdtion, dnd mdlntendnce. The Contrdctor shdll <br />mdlnt.din ~J(~Il(~rdl li.lhllil.y illSlJrdllCe~ cove~I'iIHJ its m<.llld!..Wllwnl.; <br />operdtlon, dnd malntendnce of the project system until it hdSi <br />completed purchdse of the project system from the Stdte in at <br />ledst the following dmounts: <br /> <br />d. For dny lnjury 1.0 one' p(~rson in .H1y singl(~ <br />occurrence, the sum of One HUlldred Fifty Thousdnd <br />Dollars ($150,000). <br /> <br />b. For dny injury Lo two or more persons in dny <br />single occurrence, the sum of Four Hundred Thousdnd <br />Dollars ($400,000), <br /> <br />Said lidbllity lnsurdnce shdll ndmt: the StdtC dS d <br />co-lnsured. A copy of a certificdte of sdld lidbil ity <br />lnsurdnce must be flled with the Colorddo Wdter Conservation <br />BOdrd prior to the stdrt of the operdtIon of the project <br />system. <br /> <br />4. Mdke the services of sdld project dvailable wilhin its <br />cdpaclty to dll persons in the Contrdctor I s service area <br />without discrimindllon dS to rdce, color, religion, or ndl:urdl <br />orIgin at redsondble chdrges including dssessments, taxes, or <br />fees in dccorddnce wil.h d schedule of such chdrges, whether for <br />one or more cLdsses of scrvict~, formally ddopted hy th(~ <br />Contrdctor through ils bOdrd of dir(~cl.ors, .)s ffidY Iw modified <br />from tlme to tlme by the COlltrdclor. Th~ 111itidl rdtt: schedule <br />must be approved by the Stdte. Theredfter, the Contractor may, <br />subject La the dpprovdl of lhe Stdt.e, make such modificdtions <br />to the rdte schedule dS the Contrdctor deems necessdry Lo <br />efficiently dnd ecollomicdlly provide for the findncidl <br />requirements of the system as long dS the rdte schedule remains <br />redsondble dnd non-discrimindtory. <br /> <br />5. Adjusl ils olH:rcJting cosls dlld s(::rvic(~ chdry(~S from <br />tlme to time to provide for ddequdte operation dnd mdintt~dnce, <br />emergency repdir services, obsolesccllce res~rves, dlld debl <br />reservt:s. <br /> <br />6. Expand the system from lime to lime t.o meet rCdsondble <br />growth or service requirements in t.he dred wilhin its <br />jurisdiction, <br /> <br />7, <br />require <br />dccounls <br /> <br />Provide the State with such periodic reports dS it ffid)' <br />dlld permit periodic inspect. ions of ils operdt ions dnd <br />by d designated represent.dlive of I.he Sl.dte. <br /> <br />8. Purchdsc from the State all of the Sldtels righl, <br />lit.le, dlld IIll.l~rC:::5l in sdid projl~cl dnd dllY fcJciliLics thereof <br />at d t.otdl purchdse price of Farly-Eight TholJScJlld Two ttlJncJrccJ <br />FifLy-Nine l)oJ ldrs dnd Twenty Cents ($48,259.20) pdYdble in <br />Forty (40) dnnudl Installments of One Thousand Two HUlldr<~d Six <br />I)olldrs dnd Forty-Eiyhl CClltS ($1,206.46) edcll, which firsL <br />instdllment shall be due dnd pdYdble on July 1, 1983, and <br />yedrly theredfter untiL the entire principdl sum shdl 1 have <br />been pald. Said installment payments shall be made payable to <br />the Colorado Wdt.er Conserval,ioll Ao.lrej, PdYdhlc .It \,he clffices <br />of sdid BUdrd ill Uenver, Color...do. <br /> <br />9. Oht.din dncl mdint.din genercJl Fire dnd hdzdrd insurdllcc <br />on \.h(~ proJect. sysl.~m In ..In dlRount nol less lhdll t.tl(~ ...mount <br />owiny to the Sl.dl(~ for purch..~(~ of t,he projeel. syst.(~1lI unl i I Ute <br /> <br />PdYC 2 of 6 !)dgCS <br />