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<br />AGENCY NAME: Water Conservation Board <br />AGENCY NUMBER: PDA <br />ROUTING NUMBER: 97 PDA 0 10'+.-', <br /> <br />CONTRACT AMENDMENT #1 <br /> <br />THIS AMENDMENT, made this h2.1't!J. day of '1f7 ~ 1997, by and <br />between the State of Colorado for the use and benefit of the Depar'tment of Natural Resources. <br />Colorado Water Conservation Board (CWCB). hereinafter referred to as the STATE, and the <br />RAINBOW PARK WATER COMPANY, hereinafter referred to as the CONTRACTOR, <br /> <br />lFACTUAL REC][T ALS <br /> <br />A. Authority exists in the law, and funds have been budgeted. appropriated, and otherwise made <br />available and a sufficient unencumbered bCllance thereof remains available for payment in <br />Fund Number 4008, Contract Encumbrance Number C153707. <br /> <br />B. Required approval, clearance, and coordination has been accomplished from and with <br />appropriate agencies. <br /> <br />C. The STATE and the CONTRACTOR entered into a contract dated November 17, 1995, Contract <br />Encumbrance Number C153707. hereinafter referred to as ORIGINAL CONTRACT and <br />incorporated herein by reference, wherein the STATE agreed to loan money in the total amount <br />of $130,000. and the CONTRACTOR agreed to repay the loan in accordance with the terms of <br />the ORIGINAL CONTRACT. <br /> <br />D. The CONTRACTOR'S PROJECT was substantially completed as of June 1, 1996. The ORIGINAL <br />CONTRACT required the CONTRACTOR to apply funds received from the Consolidated Farm <br />Services Agency ("CFSA") to the principal of this loan within 30 days of receipt of saic;Lfun.ds. , <br />The CONTRACTOR has applied the CFSA funds directly to the costs of the PROJECT. resultiqg .' , <br />in the CONTRACTOR borrowing a total amount of $64,918.6~/ ,.' <br /> <br />NOW T1H[ERlEIFORlE, the parties herebY agree that <br /> <br />1. Consideration for this Amendment to the ORIGINAL CONTRACT consists of the payments which shall <br />be made pursuant to this Amendment and ORIGINAL CONTRACT and the promises and agreements' ' <br />herein set forth. ' <br /> <br />2. It is expreSSly agreed by the parties that this Amendment is supplemental to the ORIGINAL <br />CONTRACT, and all terms, conditions, and provisions thereof, unless specifically modified herein, are <br />to ap'p1y to this Amendment as though they were expressly rewritten, incorporated, and included <br />herein....".. <br /> <br />The Rainbow Park Water Company <br /> <br />Page 1 012 <br /> <br />Contract Amendment #1 <br />