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<br />a. For any injury to one person in any single <br />occurrenCe, the sum of One Hundred Fifty Thousand <br />Dollars ($150,000). <br /> <br />b. For any injury to two or more persons in any <br />single occurrence, the sum of Four Hundred Thousand <br />Dollars ($400,000). <br /> <br />Said liability insurance shall name the State as a <br />co-insured. A copy of a certificate of said liability <br />insurance must be filed with the Colorado Water Conservation <br />Board prior to the start of the operation of the project <br />system. <br /> <br />8. Make the services of said project available within its <br />capacity to all persons in the Contractor's service area <br />without discrimination as to race, color, religion, or natural <br />origin at reasonable charges including assessments, taxes, or <br />fees in accordance with a schedule of such charges, whether for <br />one or more classes of service, formally adopted by the <br />Contractor through its board of directors, as may be modified <br />from time to time by the Contractor. The initial rate schedule <br />must be approved by the State. Thereafter, the Contractor may, <br />sUbject to the approval of the State, make such modifications <br />to the rate schedule as the Contractor deems necessary to <br />efficiently and economically provide for the financial <br />requirements of the system as long as the rate schedule remains <br />reasonable and non-discriminatory. <br /> <br />9. Adjust its operating costs and service charges from <br />time to time to provide for adequate operation and maintenance, <br />emergency repair services, obsolescence reserves, and debt <br />reserves. <br /> <br />10. Expand the system from time to time to meet reasonable <br />growth or service requirements in the area within its <br />jur isdict ion. <br /> <br />11. Provide the State with such periodic reports as .it may <br />require and permit periodic inspections of its operations and <br />accounts by a designated representative of the State. <br /> <br />12. Purchase from the State all of the State's right, <br />title, and interest in said project and any facilities thereof <br />at a total purchase price of Three Hundred Seven Thousand One <br />Hundred Forty-Six Dollars ($307,146) payable in Forty (40) <br />annual installments of Seven Thousand Six Hundred Seventy-Eight <br />Dollars and Sixty-Five Cents ($!2JiIa~9~t each, Which first <br />installment shall be due and payable on August 1, 1985, , and <br />yearly thereafter until the entire principar-swn-shall -have <br />been paid. Said installment payments shall be made payable to <br />the Colorado Water Conservation Board, payable at the offices <br />of said Board in Denver, Colorado. <br /> <br />13. Comply with Construction Fund Program Procedures <br />attached hereto as Schedule A. <br /> <br />14. Comply with the provisions of Section 5 of S.B. 439, <br />1981' Session of the Colorado General Assembly. <br /> <br />15. Not sell, convey, assign, grant, transfer, or <br />otherwise dispose of the project or any portion thereof, so <br />long as any of the annual installments required by paragraph <br />A.l2. above remain unpaid, without the prior written <br />concurrence of the State. <br /> <br />Page 3 of 7 Pages <br />