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<br /> <br /> <br />12. Purchase from the State all of the State's <br />right. title, and interest in Phase II of <br />the project and any facilities thereof at <br />a total purchase price of Ninety-Seven <br />Thousand Nine Hundred Eighty Dollars and <br />Eighty Cents ($97,980.80). ~ayable in <br />forty (40) annual installments of Two <br />Thousand Four Hundred Forty-Nine Dollars <br />and Fifty-TwO Cents ($2.449.52) each, <br />which first installment shall be due and <br />ayable on the first day of the first <br />nth following the completion of Phase <br />I of the project, or on'December 1. <br />88. whichever occurs later, and yearly <br />hereafter until the entire principal sum <br />shall have been paid. phase III of the <br />project consists of the construction of <br />SS-5 and S8-8 dams and Floodway No. I <br />Phase III on the lands shown in Exhibits <br />B, C, and D. The installment payments <br />required under this paragraph shall be <br />made payable to the Colorado Water <br />Conservation Board, and shall be paid at <br />the offices of said Board in Denver, <br />Colorado. <br /> <br />3. The effective date of this Contract Amendment is March <br />2. 1987. <br /> <br />4. In the event of any conflict, inconsistency, variance. <br />or incongruity between the provisions of this Contract <br />Amendment and any of the provisions of the original Contract, <br />the provisions of this contract Amendment shall in all respects <br />supersede. govern. and control. <br /> <br />Page ~ of ! Pages <br />