PROJ00363

• Contract/PO #: C153581
• Contractor Name: Minnesota Canal and Reservoir Company
• Water District: 0
• County: Gunnison
• Bill Number: XB 99-999
• Loan Projects - Doc Type: Contract Documents

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$13.325

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FEASIBILITY REPORT
CONTRACT

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THIS CONTRACT. mid" thts ;1 7 day or //~-,_...:r- 19 90 . by and between rhe
SIal" of Colorado (or Ih~ U1lC!' Ind benefit or Ihe Deparlfnfnl of'1 Natural Resources
(Color~nn WatAr Conservation Board) . ,
hereinalter \'T(tmd lo.~ the 51,lt, :.md'2 the Minnesota Canal and Reservo~r Company,
Route No.1. Box 124A. paonia. CO 81428,
htreinahrr I'derred 10 15 IhC' tORn'actor {Contractor.

WHEftEAS luthority uisl' in the UW Ind Funds havc bun budlcled. approprialed and olherwi~ made
. , 'I bl 1 ' F d N b 4008
a,ail,blt and a sufficient unenCUn'lbered bal:mc:e thereof l'emalns aral<~~~ or pllymenlld un urn t'r .
ClL Ac:counI Number 5298X. tonlraCI Encumbrance ~umbc~ Il. lxl : and
ABL Account No. 12980, Org. un,t 77-77-777.
WHEREAS. required apprn~:mcc :md conr4inaliun halO been lIc(,ol'nplishcd (rom and wilh appropliale
IIIt'ncics: and

~HEREAS. pursuant to the provisions of section 37-60-119.
Colorado Revised Statutes. as amended. the State is authorized
to Construct certain water projects for the benefit of the
people of the State of Colorado; and

~HEREAS. the Minnesota Canal and Reservoir Company has made
application to thQ State for the improvement of its existing
facility. such improvement of the facility is hereinafter
sometimes referred to as the project; and

WHEREAS. the Contractor is a mutual ditch company within
the State of Colorado;

NOW THEREFORE. it is hereby agreed that:

1. The Contractor shall have a feasibility report prepared
and directed to the prOblem of improving the facilities of the
Minnesota Canal and Reservoir Company in accordance with a
proposal for a project feasibility report prepared by the
conSUlting engineering firm of Steffan Robertson and Kirsten
(U.S.). Inc, (the Consultant). and approved by the State.
received June 4. 1990. which proposal is attached hereto as
Appendix A and made a part of this contract.

2. Five (5) copies of the final report called for in this
contract shall be furnished to the State not later than Ninety
(90) days after the date of this contract. unless such time is
extended by mutual agreement of the parties hereto in writing.

3. As compensation for the services of the Contractor. the
State shall pay to the Contractor the sum of Thirteen Thousand
Three Hundred Twenty-Five Dollars ($13,325) in the manner
following:

a. Sixty percent (60\). to wit. Seven Thousand Nine Hundred
Ninety-Five Dollars ($7.995) of the total amount due in two
(2) monthly installments of Three Thousand Nine Hundred
Ninety-Seven Dollars and Fifty Cents ($3,997,50) each,
commencing Thirty (30) days after the date of this contract.

b. 1'he remaining forty percent (40\). to wit. Five
Thousand Three Hundred Thirty Dollars ($5.330) within forty
(40) days fOllowing receipt and acceptance of the written
report specified in paragraph 2, of this contract.

4. The total cost of services to be rendered for the
Contractor by the Consultant is Twenty-six Thousand Six Hundred
Fifty Dollars ($26,650) and the Contractor shall pay the sum of
Thirteen Thousand Three Hundred Twenty-Five Dollars ($13.325)
as agreed to by letter dated July 19. 1990. which is hereby

2951E'

19S5lO1-1014

/PaJ' I ol..i... P'J"

ATTACHMENT A
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