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and local laws and regulations that are in effec( or may hereafte� be established throughout the term <br />of this contrect. — <br />20. No Discrimination Of Services. The services of said PRO�ECT shall be made avail2bie within its . <br />capacity and in accordance with all pertinent statutes, rules and regulations, and operational <br />guidelines to all persons in the BoRROweR's service area without discrimina6on as to race, color, <br />religion, or national origin at reasonable charges (including assessments or fees), whether for one or <br />more classes of service, in accordance with a schedule of such charges formally adopted by the <br />BORROWER as may be modified from time to time. <br />B. The STa,TE agrees as follows: <br />1. Agreement To Loan Money. The STATE agrees to loan to the BoRROwER an amount not to exceed <br />that specified in the Promissory Note Provisions of this contract. <br />2. Disbursements. After receipt of the periodic progress report from the BoRROweR, and review and <br />acceptance of the items therein as eligible expenses as described below, the STA7E will pay to the <br />BoRROwER the amount set forth in the report or such portion that has been approved by the ST,arE. <br />Such payment shali be made within thirty (30) days from the STaTE's approval of each progress <br />report. <br />3. Release After Loan Is Repaid. Upon complete repayment to the Sra,TE of the entire principal and <br />any accrued interest as specified in the promis5ory note, the STa,TE agrees to file a UCC-3 form with <br />the Secretary of State to terminate ail of the S7ATE's rights in and to the revenues pledged to repay <br />this loan. <br />C. The STa,'re artd the BoRROwER mutually agree as follows: <br />1. Designated Agent Of The STATE. The CWCB, which inciudes its agents and empioyees, is hereby <br />designated as the agent of the STaTE for the purpose of this contrect. <br />2. Contract Is Not Assignable. This contrect is not assignable by the BoRROwER except with the prior <br />written approval of the SraTe. <br />3. Contract Relationship. The parties to this contract intend that the relationship between them <br />contemplated by this contract is that of lender-borrower, not employer-employee. No agent, <br />empioyee, or servant of the BoRROweR shail be, or shaii be deemed to be, an employee, agent, or <br />servant of the STaTE. The BoRROwER shall be solely and entirely responsible for its acts and the acts <br />of its agents, empioyees, servants, engineering firms, construction firtns, and subcontractors during <br />the performance of this contract. <br />4. Complete Integration Of Ail Understandings. This agreement is intended as the complete <br />integration of all understandings between the paRies. No prior or contemporaneous addition, deletion, <br />or other amendment hereto shall have any force or effect whatsoever unless embodied herein in <br />writing. No subsequent novation, renewal, addition, deletion, or other amendment hereto shall have <br />any force or effect uniess embodied in a written contract executed and approved pursuant to STaTE <br />fiscal rules, with the exception of the Revision Letter as described in the Changes Provision of this <br />contract. <br />5. Eligibie Expenses. PRO�ECr costs eligibie for financing by the STArE shall be limited to the cost of: <br />a. Preparing finai designs and specifications for the PROJECT. <br />b. Preparing bid and construction contract documents. <br />c. P;eparing environmental assessmert or environmental impact statements, and otherwise <br />complying with the Federal National Environmental Policy Act. <br />Summit Reservoir 8, Irrigation Company . Page 7 of 11 Loan Contract <br />