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C153332 Contract
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C153332 Contract
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Last modified
11/12/2015 11:46:31 AM
Creation date
10/5/2006 11:56:55 PM
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Loan Projects
Contract/PO #
CT2015-033
C153332
Contractor Name
Terrace Irrigation Company, The
Contract Type
Loan
Water District
21
County
Conejos
Bill Number
SB 80-67
Loan Projects - Doc Type
Contract Documents
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<br />2. Assist the Contractor wi th such technical assistance as the State deems ,\ <br />appropriate in planning, constructing, and operating the project and in coordinating <br />the project with local official comprehensive plans for sewer and water and with <br />any state or area plans for the area in which the project is located. <br /> <br />3. In its sole discretion, the State may at any time give any consent, <br />deferment, subordination, release, satisfaction, or termination of any or all of <br />the Contractor's obligations under this agreement, with or without valuable <br />consideration, upon such terms and conditions as the State may determine to be <br />(al advisable to further the purposes of this contract or to protect the State's <br />financial interest therein, and (b) consistent with both the statutory purposes <br />of this contract and the limitations of. the statutory authority under which it <br />is made. <br /> <br />4. Upon completion of the payment of the full purchase price to the State <br />in the sum of One Million Seventy-Three Thousand Eight Hundred Eighty-Six Dollars <br />and Twenty-Four Cents ($1,073,886.24) as set forth in paragraph A.9. of this <br />contract, to convey to the Contractor all of the State's right, title and interest <br />in and to the project by deed or other proper conveyance. <br /> <br />~.,. ... <br /> <br />Page -1L-- of ~ pages <br />
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