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<br />-'-, <br />,. I <br /> <br />10. Addresses for mailing. All notices, correspondence, or other documents required by this <br />contract shall be delivered or mailed to the following addresses: <br /> <br />For the STATE: <br /> <br />For the BORROWER: <br /> <br />Colorado Water Conservation Board <br />1313 Sherman street, Room 721 <br />Denver, CO 80203 <br />Attn: William P. stanton <br /> <br />Rainbow park Water company <br />1029 E. 5th. st <br />Florence, CO 81226 <br />Attn: Fayne Long, President <br /> <br />D. Special provisions 11993 version) <br /> <br />1, Controller's approval. This contract Shall not be deemed valid until it shall have been approved by the Controller <br />of the state of Colorado or such assistant as he may designate. This provision is applicable to any contract involving the <br />payment Df money ,bY the STATE. <br /> <br />2. Fund availability. Financial obligations of the State Df ColDrado payable after the current fiscal year are contingent <br />upon funds for that purpose being appropriated, budgeted, and otherwise made available. <br /> <br />3. Bond requirement. If this contact involves the payment of more than fifty thousand dollars for the construction, <br />erection, repair, maintenance, or Improvement of any building, road, bridge, viaduct, tunnel, excavation or other public <br />work for this STATE, the CONTRACTOR shall, before entering upDn the performance of any such work included in this contract, <br />duly execute and deliver to the STATE official who will sign the contract, a good and sufficient bond or other acceptable <br />surety to be approved by said Official in a penal sum not less than one.half of the total amount payable by the terms of this <br />contract. Such bond shall be duly executed by a qualified corporate surety conditioned upon the faithful performance of <br />the contract and in additiDn, shall provide that if the CDNTRACTOR or his subcontractors fail to duly pay for any labor, materials, <br />team hire, sustenance, provisions, provender or other supplies used or consumed by such CONTIlACTOR or his subcontractor <br />in performance of the work contracted to be done or fails to pay any person who supplies rental machinery, toois, or <br />equipment in the prosecution of the work the surety will pay the same in an amount not exceeding the sum specified in <br />the bond, together with interest at the rate of eight per cent per annum. Unless such bond is executed, delivered and filed, <br />no claim in favor of the CONTIlACTOR arising under such contract shall be audited, allowed or paid. A certified or cashier's check <br />or a bank money order payabie to the Treasurer of the State of COlorado may be accepted in lieu of a bond. This provision <br />is in compliance with CRS 38.26.106. <br /> <br />4. Indemnification. To the extent authorized by law, the CONTRACTOR shall Indemnify, save, and hOld harmless the STATE, <br />Its employees and agents, against any and all claims, damages, liability and court awards including costs, expenses, and <br />attorney fees incurred as a result of any act or omission by the CONTRACTOR, or Its employees, agents, subcontractors, or <br />assignees pursuant to the terms of this contract. <br /> <br />S. Discrimination and affirmative action. The CONTRACTOR agrees to comply with the letter and spirit of the Colorado <br />Antidiscrimination Act of 19S7, as amended, and other applicable iaw respecting discrimination and unfair employment <br />practices ICRS 24.34.402), and as required by Executive Order, Equal Opportunity and Affirmative Action, dated April 16, 1975. <br />Pursuant thereto, the following provisions shall be contained in all STATE contracts or sub.contracts. <br /> <br />During the performance of this contract, the CONTRACTOR agrees as follows: <br /> <br />a. The CONTRACTOR will not discriminate against any employee or applicant for employment because of race, creed, <br />color, national origin, sex, martial status, religion, ancestry, mental or physical handicap, or age. The CONTRACTOR will <br />take affirmative action to insure that applicants are employed, and that employees are treated during employment, <br />without regard to the above mentioned characteristics. Such action shall include, but not be limited to the <br />following: employment upgrading, demotion, or transfer, recruitment or recruitment advertisings; lay.offs or <br />terminations; rates of payor other forms of compensation; and selection for training, inciuding apprenticeship, <br />The CONTRACTOR agrees to post in conspicuous places, available to employees and applicants for employment, notices <br />to be provided by the contracting Officer setting forth provisions of this non.discrlmination clause. <br /> <br />b. The CONTRACTOR wili, in all soiicitations or advertisements for employees placed by or on behalf of the CONTRACTOR, <br />state that all qualified appiicants will receive consideration for employment without regard to race, creed, color, <br />national origin, sex, martiai status, religion, ancestry, mental or physical handicap, or age. <br /> <br />c. The CONTRACTOR will send to each labor union or representative of workers with which he has a collective <br />bargaining agreement or other contract or understanding, notice to be provided by the contracting officer, <br />advising the iabor union Dr workers' representative of the CONTIlACTOR'S commitment under the Executive order, <br />Equal opportunity and Affirmative Action, dated ADri116, 1975, and of the rules, regulations, and relevant Orders <br />of the Governor. <br /> <br />RAINBOW PARK WATER COMPANY <br /> <br />Page 9 of 11 <br /> <br />LOAN CONTRACT <br />