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<br />c. No payments will be made under this contract <br />until the project plans and specifications referred <br />to ill parayraph A.I. above are approved by the State. <br /> <br />2. Provide the Borrower with such technical assistance as <br />the Sl.al.n c1(!(~1Il5 appropriate in planning. constructing. and <br />operating the project and in coordinating the project with <br />local official comprehensive plans for sewer and water. and with <br />any State or area plans for the area in which the project is <br />located. <br /> <br />D. This contract is not assignable by the Borrower except with <br />written approval of the State. <br /> <br />E. The parties to this contract intend that the relationship <br />between them contemplated by this contract is that of <br />lender-borrower. not nmployer-employee. No agent. employee. or <br />servant of the Borrower shall be or shall be deemed to be an <br />employee. agent. or servant of the State. The Borrower will be <br />solely and entirely responsible for its acts and the acts of <br />its agents. employees. servants. engineering firms. <br />Construction Firms. and subcontractors during the performance <br />of this contract. <br /> <br />F. At all times during the performance of this contract. the <br />Borrower shall strictly adhere to all applicable federal and <br />state laws that have been or may hereafter be established. <br /> <br />G. This agrc!ement is intended as the complete integration of <br />all understandings between the parties. No prior or <br />contemporaneous addition. deletion. or other amendment hereto <br />shall have any force or effect whatsoever unless embodied <br />herein in writing. No subsequent novation. renewal. addition. <br />deletion. or other amendment hereto shall have any force or <br />effect unless embodied in a written contract executed and <br />approved pursuant to the State fiscal rules. <br /> <br />H. In its sole discretion. the State may at any time give any <br />consent. deferment. subordination. release. satisfaction. or <br />termination of any or all of the Borrower's Obligations under <br />this agreement. with or without valuable consideration. upon <br />such terms and conditions as the State may determine to be (a) <br />advisable to further the purposes of this contract or to <br />protect the State's financial interest therein. and (b) <br />consistent with both the statutory purposes of this contract <br />and the limitations of the statutory authority under which it <br />is made. <br /> <br />I. Upon completion of the repayment to the State in the sum <br />of Seven Hundred Forty Thousand Eight Hundred Fifty-Five <br />Dollars ($740.855). as set forth in paragraph A.11. of this <br />contract. the State agrees to release to the Borrower all of <br />the State's right. title. and interest in and to the project <br />and any other property described in paragraph A.5. by <br />appropriate and proper conveyance. <br /> <br />J. The Colorado Water Conservation Board. its agents and <br />employees. is hereby designated as the agent of the State for <br />the purpose of this contract. <br /> <br />K. All notices. correspondence. or other documents required <br />by this contract shall be dAlivered or mailed to the following <br />addresses: <br /> <br />(a) For the State <br /> <br />Mr. J, William McDonald. Director <br />Colorado Water Conservation Board <br />721. State Centennial Building <br />1313 Sherman Street <br />Denver. CO 80203 <br />Attn: Nick Ioannides <br /> <br />(b) For the Borrower <br /> <br />San Luis Valley Irrigation <br />District <br />296 Miles Street <br />Center. CO 81125 <br />Atto: Bill Kopfman. President <br />Board of Directors <br /> <br />Page ~ of Z Pages <br />