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PROJC00554
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PROJC00554
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Entry Properties
Last modified
11/19/2009 11:09:09 AM
Creation date
10/6/2006 12:10:41 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153529
Contractor Name
Ish Reservoir Company
Contract Type
Loan
Water District
4
County
Larimer
Bill Number
SB 88-30
Loan Projects - Doc Type
Contract Documents
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<br />I <br /> <br />I ..../f1{!'!:I <br /> <br />/(C'/U-'/,/O <br /> <br />I f 34-04...'- -, . <br />CO:'>O~("T ROUTING Nl~M; <br />qo. <br /> <br />',...,. <br /> <br /> <br />..; <br /> <br />, <br />) <br /> <br />AMENDHENT #l <br />PROJECT <br />CONTRACT <br /> <br />THIS. CONTRACT. madf Ihis 11/.tL day of ?1~ 1982...... by and between the <br />r Colorado for rhe U~ and benefit of the Deparunenl of'1 Natural Resources <br />(Colorado Water Conservation Board), <br />et n-ffm:d 10 as the Slale. :lRd '2 The Ish Reservo~r Company, <br />0700 Weld Countv Road IS Johnstown CO 80534 <br />fTinafler referred 10 as .he: conlractor.lContractor. <br /> <br />Reduce <br /> <br />Encumbrance <br />From: <br />To: <br /> <br />$16,000 <br />33,000 <br />17,000 <br /> <br /> <br />WHEREAS. authority exists in the Law and FUnd~ have been budgeted. appropriRled and otherwise made <br />nailahle and a sufficient unencumbered balance thereof remains nvailabl or paymenl in Fund tIlumber 4008 <br />CfL Account Number 54 21X, Conlract Encumbrance NumberC15 3 9 -:.-and.:.....:~ ;: 1 <br />ABL Account No. ~, Org. Unit 77-77-777, . <br />WHEREAS. required appru"..l. clearance and coordinatiun ha~ been accomplished lrom and with .appropriate <br />aaencies: and <br /> <br />WHEREAS, a contract was entered into on September 19, 1988, <br />Contract Encumbrance Number C153529 (the Original Contract), <br />between the State and the Coritractor; and <br /> <br />WHEREAS, construction of the project has now been completed <br />at an amount less than what was anticipated when the Original <br />Contract was written: and <br /> <br />WHEREAS, it is now necessary to reduce the .money made <br />available to the amount of money which was necessary to <br />complete construction. <br /> <br />NOW THEREFORE. it is hereby agreed that: <br /> <br />1. This contract amendment is a supplement to the Original <br />Contract (Attachment A) which is by this reference' incorporated <br />and made a part hereof; and all the terms, conditions. and <br />provisions thereof, unless specifically modified herein. are to <br />apply to this contract amendment as though they were expressly <br />rewritten. incorpora~ed. and included herein. <br /> <br />2. The only modifications. alterations, or changes in the <br />Original Contract shall be that Exhibit C shall be replaced in <br />its entirety by Attachment B and paragraphs B,13,. D,l" and J. <br />shall be modified to read as follows: <br /> <br />B. The Contractor agrees that it shall: <br /> <br />13. Repay to the State the total principal sum of <br />Seventeen Thousand Dollars ($17,000). which includes the <br />project loan amount and the Three Thousand Do"lars ($3,000) <br />feasibility report amount. together with interest at the <br />rate of five percent (5\) per annum, said repayment to be <br />made in constant annual installments of 1wo Thousand Two <br />Hundred One Dollars and Fifty~Six Cents ($2.201,S6) each, <br />for ten (10) years, as shown in Attachment B. attached <br />hereto and incorporated by reference herein, which first <br />installment shall be due and payable on the first day of <br />the month next succeeding the month in which the State <br />determines that the project has been substantially <br />completed. and yearly thereafter until the entire principal <br />sum shall have been paid, However. in the event the <br />Contractor does not draw funds commencing on the date <br />specified in paragraph 0.1.a. below, the Obligation to <br />repay shall be postponed for the same number of months as <br />the Contractor delays in drawing funds. Said installment~' <br />payments shall be made payable to the Colorado Water' <br />Conservation Board. payable at the offices of said Board in <br />Denver, Colorado. <br /> <br />395-:53i1Joo1014 <br /> <br />llOOE* <br /> <br />PaJt J or..2_ pa~es <br /> <br />
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