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.f /".. . , AGENCY NAME: Water Conservation Board AGENCY NUMBER: PDA ROUTING NUMBER: () , 0'.:)_, $ 310,101010 ]fOfNT lFUNDfNG AGRlEJEMJENT f1Dlk This Agreement. made this, - day of June 1997, by and between the State of Colorado for the use and benefit of the Department of Natural Resources, Colorado Water Conservation Board ("CWCB"), hereinafter referred to as the STATE, and the U.S. GEOLOGICAL SURVEY, UNITED STATES DEPARTMENT OF THE INTERIOR, Box 25046 M.S. 415, Denver Federal Center, Denver, Colorado 80225, hereinafter referred to as the USGS.. IFACTUAL REClfTALS A. Authority exists in the law, and funds have been budgeted, appropriated and otherwise made available and a sufficient unencumbered balance thereof remains available for payment in Fund Number 424, Organization YYYY, Appropriation SEV, Program WTRC, Object Code 5120, Reporting Category 3766, Agreement Encumbrance Number C153766. B. Required approval, clearance, and coordination have been accomplished from and with appropriate agencies. C. Pursuant to Senate Bill 96-170, Section 3(d), the STATE is authorized to fund water resource planning at the local level in an amount of up to $100,000 from the Operational Account of the Severance Tax Trust Fund created by ~ 39-29-109(1)(a), as amended by Senate Bill 96-170. D. The USGS is conducting a study entitled "Hydrogeologic Characteristics Of The Shallow Aquifers In The Boulder-Fort Collins-Greeley-Brighton Area Of The Colorado Front Range," hereinafter referred to as the STUDY. E. The STATE has agreed to participate in the STUDY, the results of which will assist govemmental agencies and water users in local water resources planning. F. At its November 1996 meeting, the CWCB approved the expenditure of $30,000 from the Operational Account of the Severance Tax Trust Fund to participate in the STUDY. Now Therefore, in consideration of the mutual and dependent covenants contained herein, the parties agree as follows: 1. Cooperation of parties. The parties agree to cooperate on the STUDY, subject to the availability of appropriations and in accordance with their respective authorities, by sharing in the costs of the STUDY in conformity with the laws and regulations respectively governing each party in the amounts described below. 2. Study performance. Hydrologists, geologists and technicians working for the USGS andlor the Colorado Office of the State Engineer shall undertake the STUDY under the direction of the USGS in accordance with the Project Proposal attached hereto as Appendix A. and incorporated herein. 3. Time of performance. The USGS shall use its best efforts to complete the STUDY within three (3) years from the date of this agreement. 4. Availability of funds. The parties agree that the performance of the STUDY is subject to the Page 1 of 4