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<br />. <br /> <br />. <br /> <br />B. This Contract Amendment #1 is a supplement to the Original Contract <br />(Attachment A), which is by this reference incorporated and made a part hereof, and all <br />the terms, conditions, and provisions thereof, unless specifically modified herein, are to <br />apply to this Contract Amendment as though they were expressly rewritten, incorporated <br />and included herein. <br /> <br />C. Paragraphs 3, 4, 5 and 6 of the Original Contract are hereby amended to <br />read as follows: <br /> <br />3. As compensation for the services of the Contractor, the State shall pay <br />to the Contractor the sum of Thirteen Thousand Nine Hundred Forty-Six <br />Dollars and Ninety Cents ($13,946.90) in the manner following: <br /> <br />a. Fifty-Seven percent (57%), to wit, Seven Thousand Nine <br />Hundred Ninety-Five Dollars ($7,995) of the total amount due in <br />two (2) monthly installments of Three Thousand Nine Hundred <br />Ninety-Seven Dollars and Fifty Cents ($3,997.50) each, co=encing <br />Thirty (30) days after the date of this contract. <br /> <br />b. Thirty-Eight percent (38%), to wit, Five Thousand Three <br />Hundred Thirty Dollars ($5,330) within forty (40) days following <br />receipt and acceptance of the written report specified in paragraph <br />2. of this contract. <br /> <br />c. The remaining four and 45/100 percent (4.45%) to wit, Six <br />Hundred Twenty-One Dollars and Ninety Cents ($621.90) upon <br />execution of this contract amendment. <br /> <br />4. The total cost of services to be rendered for the Contractor to the <br />Consultant is Twenty-Seven Thousand Eight Hundred Ninety-Three Dollars <br />and Eighty Cents ($27,893.80) and the Contractor shall pay the sum of <br />Thirteen Thousand Nine Hundred Forty-Six Dollars and Ninety Cents <br />($13,946.90) as agreed to by letter dated December 3, 1992. In no event <br />shall this payment be the liability of the State of Colorado. <br /> <br />5. In consideration of the State assuming a portion of the cost of the <br />preparation of the said project feasibility report, the Contractor shall pay to <br />the State the sum of Eighteen Thousand Sixty-One Dollars and Twenty- <br />Four Cents ($18,061.24) provided that construction of the subject water <br />project is initiated within ten (10) years of the date of this contract. The <br />Contractor shall fulfill this obligation irrespective of how or by whom or to <br />what specifications or plans the subject project is financed, paid, or <br />constructed for so long as construction of the project is initiated within the <br />specified time. <br /> <br />Page 2. of i Pages <br />