My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
C150081 Contract
CWCB
>
Loan Projects
>
Backfile
>
1001-2000
>
C150081 Contract
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/4/2011 3:08:35 PM
Creation date
10/6/2006 12:17:52 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150081
Contractor Name
Victor, City of
Contract Type
Loan
Water District
12
County
Teller
Bill Number
HB 95-1155
Loan Projects - Doc Type
Contract Documents
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
28
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br />. <br /> <br />. <br /> <br />SECURITY AGREEMENT <br /> <br />DEBTOR: <br /> <br />City of Victor, acting by and through the City of <br />Victor, Colorado Water and Wastewater Enterprise <br />500 Victor Avenue <br />P.O. Box 86 <br />Victor, CO 80860 <br /> <br />FEDERAL TAX NO.: <br /> <br />84-6000626 <br /> <br />COUNTY: <br /> <br />TELLER (CODE: 43) <br /> <br />SECURED PARTY: <br /> <br />State of Colorado - Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />COLLATERAL: <br /> <br />Contract Rights (Code: 030) <br /> <br />DEBTOR, for consideration hereby grant to SECURED PARTY a security interest in the <br />following property and any and all additions, accessions and substitutions thereto or <br />therefor, hereinafter called the COLLATERAL: Water system revenues derived from water <br />rates, charges and fees levied to repay the principal and interest on the amount loaned to <br />DEBTOR by SECURED PARTY, as described in pledge of revenues provisions in Loan <br />Contract No. C 150081 dated August 1, 2001 ("Contract"), <br /> <br />To secure payment of obligations evidenced by a Promissory Note, which is part of the <br />Contract between the above named parties herewith, payable to the SECURED PARTY as <br />follows: $600,000.00 payable in twenty annual installments at an interest rate of 3,75% per <br />annum in accordance with the Promissory Note dated August 1, 2001 or until all principal, <br />interest and late charges, if any, are paid in full. <br /> <br />DEBTOR EXPRESSLY WARRANTS AND COVENANTS: <br /> <br />1, That except for the security interest granted hereby, DEBTOR is, or to the extent that <br />this agreement states that the COLLATERAL is to be acquired after the date hereof, <br />will be, the owner of the COLLATERAL free from any advers~ lier), security interest or <br />encumbrances, except as provided in the Contract, and that DEBTOR will defend the <br />COLLATERAL against all claims and demands of all persons at anytime claiming the <br />same or any interest therein by, through or under DEBTOR. <br /> <br />2. That the execution and delivery of this agreement by DEBTOR will not violate <br />any law or agreement governing DEBTOR or to which DEBTOR is a party, <br /> <br />Appendix 4 to Loan Contract C150081 <br />
The URL can be used to link to this page
Your browser does not support the video tag.