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<br />I-lITHP.PS".n, '.-" C-/!?3f51
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<br />'~l ' '; J '198G
<br />\ I ' FEASIBILITY REPORT
<br />'Pv'i;' \ CONTRACT ",n, \
<br />.' COlORAIl.O WATER 1st ~ June,;:Ki2-/J.v
<br />CO~Bl!lRltl'lmm.~,~.1il, this 15th d.y of ~Ma=h-
<br />State of Colorado for the use and benefit of the Department of " Natural
<br />(Colorado Water Conservation Board),
<br />hereinafter (f'ferred to as the State, and '2 the ci tv of Loveland,
<br />446 N. Garfield. Ave., Loveland. CO 80537,
<br />hereinafter referred to as the contractor,
<br />
<br />198 ~ . by and between the
<br />Resources
<br />
<br />I DE' <ENT DR, AGENCY NUMBER
<br />',4- 00
<br />CONTRACT OUTING NUMBER
<br />"f?fo~q8' .
<br />$18,552.50
<br />
<br />WHEREAS, authority exists in the Law and Funds have been budgeted, appropriated and otherwise made
<br />available and a sufficient unencumbered balance thereof remains available for payment in Fund Number 4008 ,
<br />G/L Account Number 527 3X.. Contract Encumbrance Number ?/..;-~ and f3rt:-
<br />ABL Account Number 12730, Org. Unit 77-77-777,
<br />WHEREAS. re4uired approval. clearance and coordinalion has been accomplished from and wilh appropriate
<br />agencies; and
<br />
<br />WHEREAS, pursuant to the provisions of section 37-60-119,
<br />Colorado Revised Statutes, as amended, the State is authorized to
<br />construct certain water projects for the benefit of the people of
<br />the State of Colorado; and
<br />
<br />WHEREAS, the Contractor has made application to'the State
<br />for the improvement of its existing facility, such improvement of
<br />the facility is hereinafter sometimes referred to as the project;
<br />and
<br />
<br />WHEREAS, the Contractor is a municipal corporation within
<br />the State of Colorado;
<br />
<br />NOW THER~FORE, .it is hereby agreed that:
<br />
<br />1. The Contractor shall have a feasibility report prepared
<br />and directed to the' problem of expanding the water supply system
<br />for the City of Loveland in accordance with a proposal for a
<br />project feasibility report prepared by the consulting engineering
<br />firm of Camp Dresser & McKee Inc. (the Consultant) and approved
<br />by the State, received February 28, 1986, Phase I of which
<br />proposal is attached hereto as Exhibit A and made a part of this
<br />contract.
<br />
<br />2. Fitteen (15) copies of the final report called for in
<br />this contract shall be furnished to the State not later than
<br />seventy-five (75) calendar days following the Notice to Proceed
<br />issued to the Con~~~t by the Contractor, but in any case not
<br />after September 15~,?"6, unless such time is extended by mutua!"
<br />agreement of the parties hereto in writing.
<br />
<br />3. As compensation for the services of the Contractor, the
<br />State shall pay to the Contractor the sum of Eighteen Thousand
<br />Five Hundred Fifty-Two Dollars and Fifty Cents ($18,552.50) in
<br />the manner following:
<br />
<br />a. Sixty percent (60%), to wit, Eleven Thousand One
<br />Hundred Thirty-One Dollars and Fifty Cents ($11,131.50)
<br />of the total amount due in two (2) monthly installments Owe
<br />of Five Thousand Five Hundred Slxty-Flve Dollars and ~
<br />Seventy-Five Cents ($5,565.75) each, commenclng on ~t.t>l July 1,
<br />>00<. 1986. '
<br />
<br />b. The remaining forty percent (40%), to wit,
<br />Seven Thousand Four Hundred Twenty-One Dollars ($7,421)
<br />within forty (40) days following receipt and acceptance
<br />of the written report spec~fied in paragraph 2 of this
<br />contract..
<br />
<br />4. The maximum cost of services to be rendered for the
<br />Contrac~or by the Consultant is Eighty Thousand Dolla~s ($80,000)
<br />and the Contractor shall pay to the Consultant a sum not to
<br />exceed Forty Thousand Dollars ($40,000) towards the total study
<br />395-53()1-1014 Page I of ---.!.. pages
<br />.(S~e instructiuns on reverse of last page.)
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