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C153629 Contract
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C153629 Contract
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Last modified
8/10/2011 10:25:19 AM
Creation date
10/6/2006 12:15:42 AM
Metadata
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Loan Projects
Contract/PO #
C153629
Contractor Name
Colorado River Water Conservation District, The
Contract Type
Loan
Water District
50
County
Grand
Bill Number
SB 87-15
Loan Projects - Doc Type
Contract Documents
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<br />.'1': .~ <br /> <br />I '\ <br />" <br /> <br />,~ <br /> <br />EXliIBIT A <br /> <br />ASSlJ.E Ita:X IS 100 IH JAIUORY CF TIE FIRST YEM <br />WIO TIE RESERVOJR SECGE:S CFERATICNl. <br /> <br />Most Current Most eu.........t <br />Available Available <br />Index ~ Base Rental Index on Base Rental <br />January 1 or 9th to 16th January 1 of 17th to 25th <br />9th Year (1) Years (2) 17th Year (1) Years (2) <br />112 Xl'. D6 >>Jtt <br />112 275. 120 Ja) <br />112 275. 108 270 <br />112 Xl'. 96 2!0** <br />108 270 1:36 295. <br />lOB ' Z70 112 280 <br />108 270 104 260- <br />lOB 270 96 2SOt!* <br />96 ~ 112 275. <br />96 250** 104 260 <br />96 ~ 100 250 <br />96 2.50** n, 2!0** <br /> <br />· l~ Limit Applies <br />- S~ Base Lower Limit Applies <br /> <br />1 Historically the most C1Jrrent available index in ~ or any year is <br />the index ror the next prior month or November. <br /> <br />2 Calculation of Rental Amount ror years 9 thiour;;l16 or ror years 17 <br />thro,q, 25 is as rollows: <br /> <br />(((Inde:c in 9th or 17th year - sase Index in 1st year)/Base Index in <br />1st year) + 1) x Original Base Rental. <br /> <br />Le. (((112-100)/100) + 1) x 250 :: 280. However the lClS limit <br />overrides the calculated dollar 3IIlOlr1t thus redu:::in1 the rental to <br />$275.00. ' <br />
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