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< \:_' '. ~ " Form 6'AC-02A NO ADDITIONAL ENCUMBRANCE CONTRACT. AMENDMENT THIS CONTRACT, made this 1 C;t-" day of Auaust 1983, by and between the State of Colorado for the use and benefit of the Department of " Natural Resources (Colorado Water Conservation Board) . hereinafter referred to as the State, and '2 . the Paradox Valley Canal and Reseroivr Company, Bedrock, CO 81411, hereinafter referred to as the contractor, WHEREAS. authority exists in the Law and Funds have been budgeted, appropriated and otherwise made available and a lSurficient unencumbered balance thereof remains available for payment in Fund Number 4008. . GIL Account Number 5359X, Contract Encumbrance NumberC1531S4,: and ABL Account Number '13590, Org. Unit 77-77-777, W.HEREAS', required approval, clearance and coordination has been accomplished rrom and with appropriate agencies: and WHEREAS, the State and the 'Contractor did, on- August 15, 1981, enter into a contract for State participation in the improvements of the existing storage structure of Buckeye Reservoir for the irrigation company members in Montrose County, Colorado, at an estimated cost "of One Hundred Thousand Dollars ($100,000), which contract is attached hereto as Exhibit "AU and hereby incorporated into this amended contract: and WHEREAS, the Contractor, has been unable to complete the project within the time allowed "in the original contract: and WHEREAS, the State and the Contractor have agreed to arrend the original contract marked as Exhibit "A" to allON additional time for the completion of the project. NOW, THEREFORE, in consideration of the mutual and dependent covenants herein contained, it is agreed by the parties hereto as follows: 1. "The terms and provisions of that certain contract dated August 15, 1981, attatched hereto as Exhibit lOAII and incorporated. herein by reference, remain in full force and effect except as amended herein. Paragraph A.12. is hereby ",amended to read as fallON's: ,;.12. Purchase from the State all of the State1s right, title, and interest in said project and any facilities thereof at a total purchase price of One Hundred Seventy-Three Thousand Forty Dollars ($173,040) payable in Forty (40) annual installments of Four Thousand "Three Hundred Twenty-six Dollars ($4,326) each, which first installment shall be due and payable on August 15, 1985, and yearly thereafter until the entire principal sum shall have been paid. Said installment payments shall be made payable to the-Colorado Water Conservation Board, paya~le at the offices of said B?ard in Denver, Colorado. 703 stnd/l 39S-53-Ql-C010 Page I of~pages .(See illurllclioPii on revcr$C or last page.)