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<br />'. <br /> <br />:' <br /> <br />f\ <br />',' <br /> <br />which is hereby attached and made a part of this contract as <br />Exhibit B; and in no event shall this payment be the liability <br />of the State of Colorado. <br /> <br />5. In consideration of the State assuming a portion of the <br />cost of the preparation of the said project feasibility report. <br />the Contractor shall pay to the State the sum of 1~enty-Nine <br />Thousand Three Hundred Seventy-Four Dollars and Fifty Cents <br />($29.374.50) provided that construction of the sUbject water <br />project is initiated within ten (10) years of the date of thi~ <br />contract. The Contractor shall fulfill this Obligation <br />irrespective of how or by whom or to what specifications or <br />plans the SUbject project is financed. paid. or constructed for <br />so long as construction of the project is initiated within the <br />specified time. <br /> <br />6. In the event the Contractor must make payment pursuant <br />to the terms of paragraph 5. above. then the said sum of <br />Twenty-Nine Thousand Three Hundred Seventy-Four Dollars and <br />Fifty Cents ($29.374.50) shall be payable in ten (lO) equal <br />yearly installments of Two Thousand Nine Hundred Thirty-Seven <br />Dollars and Forty-Five Cents ($2.937,45) each, the first <br />installment to be due and payable upon the January 1st next <br />succeeding the initiation of construction on the said water <br />project. Subsequent payments shall be due and payable on <br />January 1st of each year thereafter. <br /> <br />7. This contract is personal in nature and assignment of <br />performance by the Contractor to another is prohibited unless <br />prior approval in writing is granted by the State. <br /> <br />8. The Contractor is an independent contractor and as such <br />is not entitled to any benefits of the State personnel system. <br /> <br />9. The original contract price stated in paragraph 4. and <br />any additions thereto shall be adjusted to exclude any <br />significant sums by which the State determines the contract <br />price increased due to inaccurate. incomplete, or noncurrent <br />wage rates and other factual unit costs. All such contract <br />adjustments shall be made within one (I) year following the end <br />of the contract. <br /> <br />10. The Contractor warrants that he has not employed or <br />retained any company or person. other than a bona fide employee <br />working solely for him. to solicit or secure this contract and <br />that he has not paid or agreed to pay any person. company. <br />corporation. individual. or Cirm. other than a bona fide <br />employee working SOlely for him. any fee. commission. <br />percentage. gift. Or other consideration contingent upon or <br />reSUlting from the award or the making of this contract. <br /> <br />11. All notices. correspondence. or other documents <br />required by this cOntract shall be delivered or mailed to the <br />following addresses: <br /> <br />a. For the State <br /> <br />b. For the Contractor <br /> <br />Mr. J. william McDonald. Director <br />Colorado Water Conservation Board <br />721 State Centennial Building <br />1313 Sherman Street <br />Denver. CO 80203 <br />Attn: Nick Ioannides <br /> <br />City of Greeley <br />Greeley Civic Center <br />919 7th Street <br />Greeley, CO 80631 <br />Attn: Mark H. Rybus <br />Director <br />Water and Sewer Department <br /> <br />Page ~ of ~ Pages <br />