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<br />,." <br /> <br />.'- <br /> <br />r"""' ' <br />DEPARTMENT OR AGENCY NAME <br />l,ater Conservation Bd. <br />DEPARTMENT OR AGENCY NUMBER <br />PDA <br /> <br />. <br /> <br />ROUTING NUMBER <br />91545 <br /> <br />Contract Addendum <br /> <br />92:1725 <br /> <br />The Addendum modifies the contract dated June 14, 1991 by <br />and between the State of Colorado for the use and benefit of the <br />Department of Natural Resources (Colorado Water Conservation <br />Board) hereinafter referred to as the "State" and the West Divid~ <br />w~r Conservancv District, P.O. Box 1478, Rifle, CO 81650-1478 <br />he einafter referred to as the "Contractor or Borrower." <br /> <br />WHEREAS, the parties to this addendum are the same parties <br />to a contract dated June 14, 1991 concerning the Alsbury Dam; and <br /> <br />WHEREAS, the State had not executed or approved the June <br />14, 1991 contract prior to the date of this addendum and the <br />State has sought the additions, deletions and clarifications set <br />forth in this addendum as further consideration for entering into <br />this loan agreement. _, ~ <br />" '\ <br />NOW THEREFORE, the parties agree to,thefollo~~,llg terms: <br /> <br />- -~; . .', ;~;}j.~ <br />1. Paragraph A-H. Paragraph ',A-ll ~ound.d~,n pages 3 and 4 <br />of the June 14, 1991 contract shall be,deleted f'i:;6m;tt'he agreement <br />of the parties and shall be replaced'~i~p thg~fdflowing para- <br />graph: " ",,,:.' c~::;~,;P <br />" ,;.<' <br /> <br />11. The Contractor, Ry\resot~tion of its board of direc- <br />tors shall, subject to sta~~~~y limitations, levy taxes and/or <br />assessments necessary to raise the funds needed to pay this con- <br />tract loan debt at the time and in the amounts set forth in this <br />agreement. In the event that the levy must be approved by the <br />electors of the district, the contractor agrees to conduct that <br />election at any time selected by the contractor but in no event <br />shall the election occur later than the next regularly scheduled <br />general election. Failure of the voters to approve the levy <br />shall constitute a default entitling the State to utilize any <br />remedy set forth in paragraph B of this agreement. <br /> <br />2. Exhibits C and D. Exhibits C and 0 shall be deleted <br />from this June 14, 1991 contract. <br /> <br />3. Paragraph A-13. Paragraph A-13 found on page 4 of the <br />June 14, 1991 contract shall be amended by deleting the word <br /> <br />APPENDIX B <br />