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PROJC00778
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PROJC00778
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Last modified
11/19/2009 11:25:27 AM
Creation date
10/6/2006 12:13:26 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C153568
Contractor Name
Coon Creek Reservoir & Ditch Company
Contract Type
Loan
Water District
72
County
Mesa
Bill Number
SB 89-85
Loan Projects - Doc Type
Contract Documents
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<br />(d) Acquiring the land and water rights <br />needed for the project. <br /> <br />(e) Complying with all federal State, and <br />local regulatory requirements. <br /> <br />Legal services must be approved by the <br />State in writing before they are rendered <br />to be eligible for payment by the State'. <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 area in which the project is <br />located. <br /> <br />D. This contract is not assignable by the Contractor except <br />with the prior written approval of the State. <br /> <br />E. 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 shall be. or shall be deemed to be, <br />an employee, agent. or servant of the State. The Contractor <br />will be solely ana entirely responsible for its acts and the <br />acts of its agentp, employees, servants. engineering firms. <br />construction firmp, and subcontractors during the performance <br />of this contract. <br /> <br />F. At all times auring the performance of this contract, the <br />Contractor shall ptrictly adhere to all applicable federal and <br />State laws and reJulations that have been or may hereafter be <br />established. ' <br /> <br />G. This agreemen~ is intended as the complete integration of <br />all understanding_ between the parties. No prior or <br />contemporaneous aodition. deletion. or other amendment hereto <br />shall have any foice or effect whatsoever unless embodied <br />herein in writing, No subsequent notation. renewal. addition, <br />deletion, or othet amendment hereto shall have any force ot <br />effect unless embQdied in a written contract executed and <br />approved pursuant to "State fiscal rules. <br /> <br />H. In its sole discretion. the State may at any time and in <br />writing give any ~onsent. deferment, subordination. release, <br />satisfaction, or termination of any or all of the Contractor IS <br />obligations under this agreement. with or without valuable <br />consideration. updn such terms and conditions as the State may <br />determine to be: (a) advisable to further the purposes of this <br />contract or to protect the State's financial interest therein, <br />and (b) consistent with both the statutory purposes of this <br />contract and the limitations of the statutory authority under <br />which it is made. <br /> <br />T. Upon completion of repayment to the State in the amount of <br />Ninety-Seven Thousand Five Hundred Fifty-Six Dollars and <br />Twenty-Five Cents ($97,556.25), as set forth in paragraph A.13. <br />above of this contract. the State agrees to convey to the <br />Contractor all of the State's right. "title, and interest in and <br />to the project and any other property described in paragraph <br />A.14. above by deed or other proper conveyance. <br /> <br />J. The Colorado water Conservation Board, its agents and <br />employees. is ~ereby designated as the agent of the State for' <br />the purpose of thiS contract. <br /> <br />K. 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 the Contractor for this water <br />project be conditioned upon the repayment of the loan to the <br />State. The Contractor hereby agrees to take any and all <br /> <br />Page 2 of 10 Pages <br />
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