PROJ00545 - Laserfiche WebLink

Home Browse Search

6. Permit periodic inspection of construction by authorized representatives of the State during and after construction. 7. Without expense to the State, manage, operate, and maintain the project system continuously in an efficient and economical manner, and assume all legal liability for such management, operation, and maintenance a The Contractor shall maintain general liability insurance covering its management, operation, and maintenance of the project system until it has completed purchase of the project system from the State in at least the following amounts: aa For any injury to one person in any single occurrence, the sum of One Hundred Fifty Thousand Dollars ($150,000). b. For any injury to two or more persons in any single occurrence, the sum of Four Hundred Thousand Dollars ($400,000). Said liability insurance shall name the State as a co-insured. A copy of a certificate of said liability insurance must be filed with the Colorado Water Conservation Board prior to the start of the operation of the project system. 8. Make the services of said project available within its capacity to all persons in the Contractor's service area without discrimination as to race, color, religion, or natural origin at reasonable charges including assessments, taxes, or fees in accordance with a schedule of such charges, whether for one or -more classes of service, formally adopted by the Contractor through its board of directors, as may be modified from time to time by the Contractor a The initial rate schedule must be approved by the Statea Thereafter, the Contractor may, subject to the approval of the State, make such modifications to the rate schedule as the Contractor deems necessary to efficiently and economically provide for the financial requirements of the system as long as the rate schedule remains reasonable and non-discriminatory. 9. Adjust its operating costs and service charges from time to time to provide for adequate operation and maintenance, emergency repair services, obsolescence reserves, and debt reserves. 10. Expand the system from time to time to meet reasonable growth or service requirements in the area within its jurisdiction. 11. Provide the State with such periodic reports as it may require and permit periOdic inspections of its operations and accounts by a designated representative of the State. ~ Purchase from the State all of the State's right, title, and interest in said project and any facilities thereof at a total purchase price of Seven Hundred Twenty Thousand Six Hundred Forty-Four Dollars and Seventy Cents ($720,644.70) payable in forty (40), annual installments of Eighteen Thousand Sixteen Dollars and Eleven Cents ($18,016.11) each, which first installment shall be due and payable on December 1, 1983, and yearly thereafter until the entire principal sum shall have been paid. Said installment payments shall be made payable to the Colorado Water Conservation Board, payable at the offices of said Boarrl in Oenver, Colorado. 13w Obtain and maintain general fire and hazard insurance on the project system in an amount not less than the amount owing to the State for purchase of the project system until Puge J of 7 PillJC~;