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<br />/~>~ :..) <br /> <br />3. The parties expressly 'd9; de that at this point, only the date of ms. ~ayment shall be amended, and the <br />total amount borrowed and the annual payment .based on that amount will be determined upon completion of the <br />Project and set forth in a subsequent amE!ndment to this Contract. <br /> <br />4. It is agreed the ORIGINAL CONTRACT is and shall be modified, altered, and changed in the following <br />respects only: <br /> <br />a. Paragraph B.1 6 shall be replaced by the following paragraph: <br /> <br />16. Repay to the STATE $20,000,000 with interest thereon at the rate of 5% per annum, said <br />repayment to be made in annual installments as shown in Exhibit B, attached hereto and <br />incorporated by reference herein, with the first of such installments being due one month following <br />the STATE'S determination that the Project has been substantially completed. Subsequent <br />installments shall be due and payable annually thereafter. Said annual installment payments shall <br />be made payable to the Colorado Water Conservation Board at the offices of said Board in Denver, <br />Colorado. <br /> <br />5. The effective date of this Amendment is the date first written above. <br /> <br />6. Except for the SPECIAL PROVISIONS, in the event of any conflict, inconsistency, variance, or contradiction <br />between the provisions of this Amendment and any of the provisions of the ORIGINAL CONTRACT, the provisions <br />of this Amendment shall in all respects supersede, govern, and control. The SPECIAL PROVISIONS shall always be <br />controlling over other provisions in the contract or amendments. The representations in the SPECIAL PROVISIONS <br />concerning the absence of bribery or corrupt influences and personal interest of STATE employees are presently <br />reaffirmed. <br /> <br />7. Financial obligations of the state payable after the current fiscal year are contingent upon funds for that <br />purpose being appropriated, budgeted, and otherwise made available. <br /> <br />8. This amendment shall not be deemed valid or effective until it shall have been approved by the controller <br />of the State of Colorado or such assistant as he may designate. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Amendment on the day first above written. <br />CONTRACTOR: Colorado River Water State of Colorado <br /> <br />c~=.';:~~ ::v~C I; <br /> <br /> <br />Print name & title THEODORE L. BROOKS, PRESIDENI' For th Executive Oi ector <br />DEPARTMENT OF NATURAL RESOURCES <br />FederallD Number: 84-6000156 COLORADO WATER CONSERVATION BOARD <br />Daries C. Lile, P.E., Director <br /> <br /> <br />By <br /> <br />APPROVALS <br /> <br />, --oC'-, .0" I'd e-. <br />, ,-.-' 'Oh:'-_. <br />S C '. . 'i'ri""'----'Ir'"" . <br />TATE ONTROLLo,\...'., 'i-- - .... , <br /> <br /> <br />By .' " 'rJi1 'rjX~rqlluJtik <br /> <br /> <br />CRWCD.amd <br /> <br />Page 2 of 2 <br /> <br />CONTRACT AMENDMENT #1 <br />