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<br />.-". <br /> <br />AGENCY NAME: Water Conservation Board <br /> <br />AGENCY NUMBER: PDA <br /> <br />ROUTING NUMBER: ()Ill; PDA C!J(fJ~:{:, <br /> <br />CONTRACT AMENDMENT No.1 <br /> <br />This Amendment, made this 1st day of October 1999, by and between the State <br />of Colorado for the use and benefit of the Department of Natural Resources, Colorado <br />Water Conservation Board, hereinafter referred to as the CWCB or STATE, and the <br />TOWN OF JOHNSTOWN, ("TOWN") and the TOWN OF JOHNSTOWN WATER <br />ACTIVITY ENTERPRISE, P.O. Box 609, Johnstown, Colorado 80534, hereinafter <br />referred to as the CONTRACTOR. <br /> <br />Factual Recitals <br /> <br />A. Authority exists in the law, and funds have been budgeted, appropriated, and <br />otherwise made available and a sufficient unencumbered balance thereof remains <br />available for payment in Fund Number 424, Organization YYYY, Appropriation 512, <br />Program WTRC, Object Code 5120, Contract Encumbrance Number C153719A. <br /> <br />B. Required approval, clearance, and coordination have been accomplished from and <br />with appropriate agencies, <br /> <br />C. The STATE and the CONTRACTOR entered into a contract dated November 7, 1996, <br />Contract Encumbrance Number C153719, hereinafter referred to as ORIGINAL <br />CONTRACT, incorporated herein by reference, wherein the STATE agreed to loan money <br />in the total amount up to $2,542,500, and the CONTRACTOR agreed to repay the loan in <br />accordance with the terms of the ORIGINAL CONTRACT. <br /> <br />D. The Contractor borrowed only $1,948,932.60 out of the $2,542,500 authorization, <br /> <br />E. The Project was substantially complete as of June 30, 1999, <br /> <br />F. The parties agree to amend the contract to reflect the actual loan amount and the <br />annual payment due date. <br /> <br />NOW THEREFORE, it is hereby agreed that <br /> <br />1. Consideration for this Amendment to the ORIGINAL CONTRACT consists of the payments <br />which shall be made pursuant to this Amendment and ORIGINAL CONTRACT and the <br />promises and agreements herein set forth. <br /> <br />2. It is expressly agreed by the parties that this Amendment is supplemental to the <br />ORIGINAL CONTRACT, and all terms, conditions, and provisions thereof, unless <br /> <br />Page 1 of 3 <br /> <br />Amendment No.1 <br />