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<br />) <br /> <br />, <br />'1>,"_ <br /> <br />2. Provide the'contractor with such technical assistance <br />as the State deems 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 acea in which the project is <br />located, <br /> <br />E. This contract is not assignable by the Contractor except <br />with the prior written approval of the State. <br /> <br />F. The parties to this contract intend that the relationship <br />between them contemplated by this contract is that of <br />lender-borrower. not employer-employee. No agent, employee, or <br />servant of the Contractor sba11 be, or shall be deemed to be, <br />an employee. agent, or serYant of the State. The contractor <br />will be SOlely and entirely responsible for its acts and the <br />acts of its agents. employees, servants. engineering firms. <br />construction firms. and subcontractors during the performance <br />of this contract. <br /> <br />G. At all times during tbe performance of this contract, the <br />Contractor sba1l strictly adbere to all applicable federal and <br />State laws and regulations that have been or may hereafter be <br />establisbed. <br /> <br />H. This agreement is intended as tbe 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 State fiscal rules, <br /> <br />I. In its sole discretion. the State may at any time and in <br />writing qive any consent. deferment. subordination. release. <br />satisfaction. or termination of any or all of the Contractor's <br />Obligations under this agreement. witb or without valuable <br />consideration. upon such terms and conditions as the State may <br />determine to be: (a) advisable to furtber the purposes of this <br />contract or to protect the State's financial interest therein. <br />and (b) consistent with both tbe statutory purposes of this <br />contract and the limitations of the statutory authority under <br />whicb it is made, <br /> <br />J. Upon completion of repayment to tbe State in the amount of <br />Fifty-Seven Thousand Seven Hundred Seventy-Three Dollars <br />($57,773), as set fortb in paragrapb B,13. above of this <br />contract. the State agrees to convey to the contractor all of <br />the State's right, title, and interest in and to the project <br />and any other property described in paragraph B.14, above by <br />deed or other proper conveyance. <br /> <br />K, The Colorado Water Conservation Board, its agents and <br />employees, is hereby designated as tbe agent of the State for <br />the purpose of this contract~ <br /> <br />L. The Contractor agrees and understands that sections <br />37-60-119 through 37-60-122, CRS, as amended, require that the <br />loan of money by the State to tbe Contractor for this water <br />project be conditioned upon the repayment of the loan to the <br />State. Tbe Contractor hereby agrees to take any and all <br />actions necessary to guarantee such repayment as provided <br />herein including, without being limited to, the actions <br />specified in this contract. <br /> <br />M. The Contractor agrees that the specific revenues to be <br />pledged to repay the State shall include. witbout being limited <br />to. an assessment levied for that purpose as authorized by <br />Resolution of the Contractor. The Contractor hereby pledqes <br /> <br />Page 1 of !Q Pages <br />