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<br />ameunts. <br />c. Autemebile liability insurance that includes ceverage fer all ewned, nen-ewned and hired <br />vehicles with minimum limits ef $1,000,000 combined single limit fer bedily injury and <br />preperty damage, <br />d, Cemmercial general liability insurance with minimum limits ef $1,000,000 combined <br />single limit fer each eccurrence and $2,000,000 general aggregate, This insurance <br />ceverage shall include preducts/completed eperatiens and bedily injury/preperty <br />damage. <br />C, GENERAL PROVISIONS <br />1, Periodic Inspections. Througheut the term ef this centract, the BORROWER shall permit a <br />designated representative of the CWCB to make periodic inspections of the PROJECT. Such <br />Inspections shall cover the condition of the PROJECT, operating records, maintenance <br />records, and financial records, These inspections are solely for the purpose of verifying <br />cempliance with the terms and conditions of this contract and shall not be construed nor <br />interpreted as an approval of the actual design, construction or operatien ef any element of <br />the PROJECT facilities. <br />2. Applicable Laws. The BORROWER shall strictly adhere to all applicable federal, state, and <br />local laws and regulations that are in effect or may hereafter be established throughout the <br />term of this contract. <br />3, Designated Agent Of The CWCB. The CWCB's employees are designated as the agents <br />ef the CWCB for the purpese of this contract. <br />4. Assignment. The BORROWER may not assign this contract except with the prior written <br />approval of the CWCB. <br />5. Contract Relationship. The parties to this contract intend that the relationship between <br />them under this contract is that of lender-berrower, not employer-employee. No. agent, <br />empleyee, or servant of the BORROWER shall be, or shall be deemed to be, an employee, <br />agent, or servant ofthe CWCB, The BORROWER shall be solely and entirely responsible for <br />its acts and the acts of its agents, empleyees, servants, engineering firms, construction <br />firms, and subcontracters during the term of this centract. <br />6. Integration of Terms. This contract is intended as the complete integration ef all <br />understandings between the parties, No prior or contemperaneous addition, deletien, or <br />other amendment hereto shall have any fo.rce or effect whatsoever unless embedied herein <br />in writing. No subsequent novatien, renewal, additien, deletion, or other amendment hereto. <br />shall have any force or effect unless embodied in a written contract executed and approved <br />pursuant to STATE fiscal rules, unless expressly provided for herein. <br />7. Controlling Terms. In the event ef conflicts or inconsistencies between the terms of this <br />contract and conditions as set forth in any ef the appendices, such conflicts er <br />inconsistencies shall be resolved by reference to the documents in the following order ef' <br />priority: (1) Colerado Special Provisions, (2) the remainder of this contract, and (3) the <br />Appendices. <br />8. Casualty and Eminent Domain. If, at any time, during the term of this contract, (a) the <br />BORROWER'S PROJECT facilities, including buildings or any pertion thereof, are damaged er <br />destroyed, in whele or in part, by fire or ether casualty, or (b) title to or use of the PROJECT <br />facilities or any part thereef shall be taken under the exercise of the power of eminent <br />domain, the BORROWER shall cause the net proceeds of any insurance claim er <br />condemnatien award to be applied to the prompt replacement, repair and restoration ef the <br /> <br />Page 6 of 9 <br /> <br />.J <br />