Laserfiche WebLink
<br />-~- <br /> <br />5. In consideration of the State assuming a portion of the <br />cost of the preparation of the said project feasibility report, <br />the Contractor shall pay to the State the sum of Three Thousand <br />Eight Hundred Eighty,Five Dollars ($3.085) provided that <br />construction of the subject water project is initiated within <br />ten (10) years of the date of this contract. The Contractor <br />shall fulfill this obligation irrespective of how or by whom or <br />to what specifications or plans the subject project is <br />financed. paid. or constructed for so long as construction of <br />the project is initiated within the specified time. <br /> <br />6. In the event the Contractor must make payment pursuant <br />to the terms of paragraph 5. above. then the said sum of Three <br />Thousand Eight Hundred Eighty-Five Dollars ($3.885) shall be <br />payable in ten (10) egual yearly installments of Three Hundred <br />Eighty-Eight Dollars and Fifty Cents ($386,50) each. the first <br />installment to be due and payable upon the January 1st next <br />succeeding the initiation of construction on the said water <br />project, Subseguent payments shall be due and payable on <br />January 1st of each year thereafter, <br /> <br />7~ This contract is personal in nature and assignment of <br />performance by the Contractor to another is prohibited unless <br />prior approval in writing is granted by the State, <br /> <br />8. The Contractor is an independent contractor and as such <br />is not entitled to any benefits of the State personnel system. <br /> <br />9. ...The original contract price stated in paragraph 4. and <br />any additions thereto shall be adjusted to exclude any . <br />significant sums by which the State determines the contract <br />price increased due to inaccurate. incomplete. or nonCUrrent <br />wage rates and other factual unit coSts. All such contract <br />adjustments shall be made within one (1) year fOllowing the end <br />of the contract. <br /> <br />10. The Contractor warrants .hat he has not employed or <br />retained any company or person, other than a bona fide employee <br />working SOlely for him. ~o solicit or secure this contract and <br />that he ha~ not paid or agreed to pay any person, company, <br />corporation. individual. or firm. other than a bona fioe <br />employee working solely for him. any fee. commission. <br />percentage. gift. or other consideration contingent upon or <br />reSUlting from the award or the making of this contract. <br /> <br />11. All notices. correspondence. or other documents <br />required by this contract shall be delivered or mailed to the <br />following addresses: <br /> <br />a. For the S~ate <br /> <br />b. For the Contractor <br /> <br />Mr. J. William McDonald. Director <br />COlorado Water Conservation Board <br />721 State Centennial Building <br />1313 Sherman Street <br />Denver. CO 80203 <br />Attn: NiCk Ioannides <br /> <br />Ish Reservoir Company <br />20700 Weld County Road 15 <br />Johnstown. CO 8053~ <br /> <br />Attn: Greg Brown. President <br /> <br />Page ~ of ~ Pages <br /> <br />( <br /> <br />c <br />