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PROJ00547
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Last modified
11/19/2009 11:03:46 AM
Creation date
10/6/2006 12:01:12 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C153488
Contractor Name
Sedgwick-Sand Draws Watershed Conservancy District
Contract Type
Loan
Water District
64
County
Sedgwick
Bill Number
SB 81-439
Loan Projects - Doc Type
Contract Documents
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<br />. <br /> <br />Ii <br /> <br />NOW THEREFORE, it is agreed that: <br /> <br />1. Consideration for this amendment to the Original Contract consists of the <br />payments which shall be made pursuant to this amendment and the <br />promises and agreements herein set forth. This consideration shall <br />constitute all final payments due to the Contractor for the construction of <br />the project. <br /> <br />,2. This contract amendment is a supplement to the Original Contract, <br />attached hereto as appendix A, which is by reference incorporated herein <br />and made a part hereof. All terms, conditions and provisions of the <br />Original Contract, unless specifically modified herein, shall apply to this <br />contract amendment as though they were expressly rewritten, incorporated, <br />and included herein. <br /> <br />3. The only modifications, alterations, or,"~ges in the Original Contract <br />shall be that Exhibit A shall be rWig'ld\;(~liS:\.1own on Appendix b. and <br />paragraphs A 12., C. 1., and I Jb~;e re~ to read as follows. <br /> <br />A12. Repay to the State ~otal'~~Ifl,: 'sum of One Hundred Forty-SiX <br />Thousand Nine HundI;ed Twenty~ight ': ollars ($146,928) which includes <br />the projec~ loan amOl,..t:.~d inte'te~1~ the rate of five .percent (5%) per <br />annum, Sald repa~en'~0'b~~:;m constant annuallOStallments of <br />Three Thousand Hundred,s~enty- Three Dollars and Twenty Cents <br />($3,673.20) e " Forty,':(40)~years, as shown in Exhibit A, attached <br />hereto and . 0, ed bjq:eference herein, which first installment shall <br />be due an R /on the"first day of the month next succeeding the <br />month in whiCh t e determines that the project has been substantially <br />completed, or on D, mber 1, 1988, whichever occurs later, and yearly <br />thereafter until the entire principal sum shall have been paid. However, in <br />the event the Contractor does not draw funds co=encing on the date <br />speclfied in paragraph C.1.a. below, the obligation to repay shall be <br />postponed for the same number of months as the Contractor delays in <br />drawing funds. Said installment payments shall be made payable to the <br />Colorado Water Conservation Board, payable at the offices of said Board <br />in Denver, Colorado. The contractor pledges its full faith and credit in <br />support of this obligation and warrants that it has taken all steps necessary <br />to pledge its full faith and credit for this obligation. <br /> <br />c.1. Loan to the contractor for the purpose of this contract an amount not <br />to exceed Sixty-Three Thousand Twenty-SiX Dollars and Seventy-Eight <br />Cents ($63,026.78). Said Sixty-Three Thousand Twenty-Six Dollars and <br />Seventy-Eight Cents ($63,026.78) shall be made available to the Contractor <br />in accordance with the following terms and conditions: <br /> <br />Page I of i pages <br />
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