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<br />AGENCY NAME: Water Conservation Board
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<br />AGENCY NUMBER: PDA
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<br />ROUTING NUMBER:OI . PDt.) - btC()7
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<br />CONTRACT AMENDMENT No.2
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<br />This Amendment, made this 1st day of February 2000, by and between the State
<br />of Colorado for the use and benefit of the Department of Natural Resources, Colorado
<br />Water Conservation Board, hereinafter referred to as the CWCB or STATE, and City of
<br />Greeley, Colorado, hereinafter referred to as the CONTRACTOR.
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<br />Factual Recitals
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<br />A. Authority exists in the law, and funds have been budgeted, appropriated, and
<br />otherwise made available and a sufficient unencumbered balance thereof remains
<br />available for payment in Fund Number 424, Organization YYYY, Appropriation Code
<br />362, Program WTRC, Contract Encumbrance Number C153618A.
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<br />B. Required approval, clearance, and coordination have been accomplished from and
<br />with appropriate agencies.
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<br />C. The STATE and the CONTRACTOR entered into a contract dated July 17, 1992,
<br />amended March 13, 1995, Contract Encumbrance Number C153618, hereinafter
<br />referred to as ORIGINAL CONTRACT, incorporated herein by reference, wherein the
<br />STATE agreed to loan money in the total amount up to $644,236, for construction of
<br />the Project and the CONTRACTOR agreed to repay the loan in accordance with the
<br />terms of the ORIGINAL CONTRACT.
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<br />D, The State and the Contractor entered into a contract dated July 1, 1986, Contract
<br />Encumbrance Number C153467, wherein the State agreed to loan money to the
<br />Contractor in the total amount of $68,560 to help finance the cost of preparing
<br />feasibility studies for three water projects contemplated by the Contractor: $26,640 for
<br />the Comanche Dam feasibility study, $23,640 for the Peterson Dam feasibility study
<br />and $18,280 for the Twin Lakes feasibility study, As each Project was constructed,
<br />the cost of the feasibility study was to be combined with the loan to cover the cost of
<br />constructing the project.
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<br />E, The feasibility study cost of $23,640 for the Peterson Dam project was combined with
<br />the construction loan in the amount of $620,596 for a total loan amount of $644,236.
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<br />F, An audit of the contract revealed that the Contractor used only $19,340 of the $26,640
<br />available, and therefore, the amount of the loan should be reduced by $4,300 for an
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<br />City of Greeley
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<br />Page 1 of 3
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<br />Contract Amendment No, 2
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