C153701 Contract - Laserfiche WebLink

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.~-l 17. Comvletion of Pro;ect. After deposit of Allottee's Construction Costs, SWSP Enterprise shall complete the construction of the Pipeline as expeditiously as possible. If additional funding for change orders is not provided, SWSP Enterprise shall first provide all Participants the opportunity, but not the obligation, to assume anyone Participant's contract, or unfunded portion thereof. If funding is then insufficient to complete the Pipeline, SWSP Enterprise shall redefine the Pipeline project and revise the plans and specifications so that water is deliverable through the Pipeline to those Participants providing funding to the extent possible. In the event that the SWSP Enterprise is unable to complete construction of the Pipeline, it shall, upon reguest, conveyor assign to the Participants on the same percentage as funds were contributed all of its right, title and interest in all of the assets (including cash) which it holds or owns for the Pipeline, and shall assign all agreeDents, permits and other similar items which are assignable that it has obtained for the Project. All such conveyances and assignments shall be subject to the terms and conditions of the asset, agreement, permit or other item conveyed or assigned. After completion of said conveyances and assignments, the SWSP Enterprise shall have no further obligation or liability to the Participants to complete construction of the Pipeline or provide delivery of water under this Contract. 18. Issuance of Estopoel Certificate(s). Upon not less than ten (10) days' notice from Allottee, SWSP Enterprise shall deliver to Allottee an estoppel certificate confirming (i) the amount of capacity to Which Allottee is entitled hereunder; (ii) that Allottee has paid all current charges or assessments due hereunder; and (iii) any other matters reasonably requested by Allottee. 19. Non-.aiver of Immunitv. It is not the intention of the parties hereto to waive any immunities' to their liability provided by statute or otherwise. The authorized representatives of SWSP Enterprise and Allottee have executed this Contract the day and year first set forth above. NORTHERN CCLORAOO wATER CCNSERVANCY DISTRICT, ACTING BY AND THROUGH THE SCoTHERN WATER SOPPLY PROJECT WATER ACTIVITY ENTERPRISE By: Title: By; ATTEST: / Title/ Chairman J By;