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C153314 Contract
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C153314 Contract
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Last modified
6/16/2010 8:48:20 AM
Creation date
10/5/2006 11:59:26 PM
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Loan Projects
Contract/PO #
C153314
Contractor Name
Parachute, Town of
Contract Type
Loan
Water District
45
County
Garfield
Bill Number
SB 78-69
Loan Projects - Doc Type
Contract Documents
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<br />A.9. To purchase from the State all of the State1s right, <br />title, and interest in said project and any facilities thereof at <br />a total purchase price of Four Hundred Thirty-Two Thousand Six <br />Hundred Dollars ($432,600), payable in forty (40) annuai <br />installments of Ten Thousand Eight Hundred Fifteen Dollars <br />($10,815) each, which first installment shall be due and payable <br />on February 1, 1983, and yearly thereafter until the entire <br />principal sum shall have been paid. Said installment payment <br />shall be made payable to the Colorado Water Conservation Board, <br />payable at the offices of said bOdrd in Oenver, Colorado. <br /> <br />8.4, Upon completion of the payment of the full purchase <br />price to the State In the sum of Four Hundred Thirty-Two Thousand <br />Six Hundred Dollars ($432,600) as set forth in paragraph A.9. of <br />this contract, to convey to the Contractor all of the State's <br />right, title, and interest in and to the project by deed or other <br />proper conveyance. <br /> <br />2. The Contractor shall comply with Construction Fund <br />Procedures attached hereto as Schedule A. <br /> <br />3. All other terms and provisions of that certain contract <br />dated September 1, 1979, shall remain in full force and effect. <br /> <br />Page 2 of 4 Pages <br />
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