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PROJC00740
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PROJC00740
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Last modified
9/27/2011 10:26:46 AM
Creation date
10/6/2006 12:13:04 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153361
Contractor Name
Kelton Heights Water & Sanitation District
Contract Type
Loan
Water District
8
County
Jefferson
Bill Number
SB 80-67
Loan Projects - Doc Type
Contract Documents
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<br />a. Beginning \vith the monthly period commencing <br />August 15, 1981, and for every rronth thereafter <br />until said project has been completed, the <br />Contractor shall prepare with the assistance of <br />the consulting engineer referred to in paragraph <br />A.l. above an estimate of the funds required from <br />the State for project construction dur ing that <br />ITDnth and shall forward said est i.mate to the <br />State not less than fifteen (15) days prior to <br />the beginning of such Jlnnth. <br /> <br />b. Upon receipt and approval by the State of such <br />monthly estimate, the State will, within forty <br />(40) days from the receipt of such estirmte, pay <br />over to the Contractor the amount of the monthly <br />estimate or such portion thereof as has been <br />approved by the State. <br /> <br />c. No payments will be made under this contract <br />unt il the pro ject plans and s peci f icat ions <br />referred to in paragraph A.l. above are approved <br />by the State. <br /> <br />4. Paragraph 1. is amended to read as follows: <br /> <br />I. Upon completion of the payment of the full purchase price <br />to the State in the sum of Eight Hundred Sixty-Eight Thousand <br />Three Hundred Seventy Dollars and Twenty-One Cents <br />($868,370.21) as set forth in paragraph A.l2. of this contract, <br />the State agrees to convey to the Contractor all the State's <br />right. title, and interest in and to the project by deed or <br />other proper conveyance. <br /> <br /> <br />Page 2 of 4 Pages <br />
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