PROJ00549

• Contract/PO #: C153618
• Contractor Name: Greeley, City of
• Contract Type: Loan
• Water District: 3
• County: Larimer
• Bill Number: SB 87-15
• Loan Projects - Doc Type: Contract Documents

adjusted loan amount of $639,936,

G, The parties agree to amend the contract to adjust the final loan amount.

NOW THEREFORE, it is hereby agreed that

1. Consideration for this Amendment to the ORIGINAL CONTRACT consists of the payments
which shall be made pursuant to this Amendment and ORIGINAL CONTRACT and the
promises and agreements herein set forth.

2. It is expressly agreed by the parties that this Amendment is supplemental to the
ORIGINAL CONTRACT, and all terms, conditions, and provisions thereof, unless
specifically modified herein, are to apply to this Amendment as though they were
expressly rewritten, incorporated, and included herein.

3, The Contractor agrees that it shall execute the following documents, all of which shall
set forth the revised loan amount of $639,936:

a, a Promissory Note, attached as Exhibit 1 and incorporated herein; and

b, a Deed of Trust, attached as Exhibit 2 and incorporated herein.

4, It is agreed the ORIGINAL CONTRACT is and shall be modified, altered, and changed in
the following respects only:

a. The first two lines of Paragraph A.5 are amended to read as follows: "Execute a
deed of trust to convey a security interest in the property described below to the
Board as security for the loan:"

b. Paragraph A.11, with the exception of the last sentence of A.11.vii, is
superseded and replaced by the Promissory Note attached hereto as Exhibit 1.

c. Paragraph I is replaced by the following:

Upon complete repayment of the loan and all accrued interest, the State agrees
to convey to the Contractor all of the State's right, title and interest in and to the
project by a release of deed of trust.

d. Special Provisions are amended by the addition of the following:

Pursuant to CRS 24-30-202.4 (as amended), the state controller may withhold
debts owed to state agencies under the vendor offset intercept system for: (a)
unpaid child support debt or child support arrearages; (b) unpaid balance of tax,
accrued interest, or other charges specified in Article 22, Title 39, CRS; (c)
unpaid loans due to the student loan division of the department of higher
education; (d) owed amounts required to be paid to the unemployment
compensation fund; and (e) other unpaid debts owing to the state or any agency
thereof, the amount of which is found to be owing as a result of final agency
determination or reduced to judgment as certified by the controller

5. Except for the SPECIAL PROVISIONS, in the event of any conflict, inconsistency,
variance, or contradiction between the provisions of this Amendment and any of the

City of Greeley

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Contract Amendment No.2