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

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FEASIBILITY REPORT'
CONTRACT AMENDMENT

THIS CONTRACT. mad. thl.L 71t d.y .r h ,,(.1..., -~
Slale or Colorado for Ihe U5e and bet'lefil or Ihe Drpar.mcnl or . I U r a 1
(Colorado Water Conservation Board) ,
hereinarter n'femd 10 as Ihe SIRle. alld.2 the ci tv of Greeley,
Civic Center Comple~, 919 7th st., Greeley, CO
hereina'ler rererred 10 as Ihe conlraclor IContractor.

198 t. . by and between Ihe
Rp-gnurceg

80631,

WHEREAS. allthorily ulsls In the Law and Funds have been budgeled. apflroprill.ed and 0lherwi5e made
IVAilable and a 5urnclenl unencumbel'td balance lhereor remains available 'or paymenl in Fund Number 4008
GlL Aeenun. Number 5274X. Contrael Encumbrance NtlmberC153467: and
ABL Account Number l2740, Org. unit 77-77-777,
WHEREAS. rC1luircd appruVllt. ~ lInd enordinalinn ha~ been accomplished from and with appropriate
'lendes: IInd

WHEREAS, a contract was entered into on July 1. 1986.
Contract Encumbran~e Number C153467 (the original Contract).
between the State ~nd the Contractor: and

WHEREAS. the Otiginal Contract provided. that the State
would pay fifty percent (50\) of the cost for the Contractor to
conduct feasibility studies for the rehabilitation of three
dams: namely. Coma~che Dam, Peterson Dam and TWin Lakes Dam.
Fifty Percent (50\) of that cost is Sixty-Eight Thousand Five
Hundred Sixty Dol14rs ($68.560), as shown by Exhibit B of the
Original Contract; and

WHEREAS. Paragtaphs 5. and 6. of the original Contract
provided that the tontractor would repay the State Eig~ty-Eight
Thousand Seven Hun~red Eighty-Five Dollars and TWenty Cents
($88,785.20) in ten (10) equal annual payments of Eight
Thousand Eight Hun~red Seventy-Eight Dollars and Fifty-TWo
Cents ($8,878.52) ~ach if the rehabilitation of the three dams
was initiated withtn ten (10) years of the effective date of
the Original Contr<<ct; and

WHEREAS. the r~payment provisions of Paragraphs 5. and 6. of
the Original Contr~ct were intended by the parties to apply in
a proportionate COst amount to any part of the three dam water
projects, as long <<s the rehabilitation of such part is
initiated within the specified time: and

WHEREAS. the total repayment to the State of Eighty-Eight
Thousand Seven Hun~red Eighty-Five Dollars and TWenty Cents
($88,785.20) was derived by adding a five percent (5\) per
annum service charge to the fifty percent (50\) State payment
of Sixty-Eight Thousand Five Hundred Sixty Dollars ($68.560)
for preparing the three feasibility reports. which fee is shown
in Exhibit B of the Original Contract; and

WHEREAS; the Contractor desires to enter into a Project
Contract with the State at this time to procsed with ths
rehabilitation of the Comanche Dam only. Ths initiation of
this Comanche Dam rehabilitation would activat.e the repayment
provisions of Paragraphs 5, and 6. of the Original Contract for
repayment by the Contractor to the State of a proportionate
cost amount provided by the State for the Comanche Dam: and

WHEREAS. the Proportionate share of the Eighty-Eight
Thousand Seven Hunared Eighty-Five Dollars and Twenty Cents
($88.785.20) for the Comanche Dam feasibility report is
Thirty-Four Thousand Four Hundred Ninety-Eight Dollars and
Eighty Cents ($34d98.80). This hmount of Thirty-Four Thousand
Four Hundred NinetY-Eight Dollars and Eighty Cents ($34.498.80)

39S<tl<l1-io-M

PUle I or..2.... pages
-CStelnSI,utti"nsl,ln,e"e'seurlasl pile.)
APPENDIX A

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