PROJC01511

• Contract/PO #: C153380
• Contractor Name: Ute Water Conservancy District
• Contract Type: Loan
• Water District: 72
• County: Mesa
• Bill Number: SB 81-439
• Loan Projects - Doc Type: Contract Documents

" _~ r,>nn 6-AC-02A (ll. 5/115l

. ~ '

I1C'67/No 3

(-/533<;0
~5/i)( $487,500
CONTRACT AMENDMENT

UEP

....ENT OK AG1::NCY NlIMBER
14-00

additional

THIS CONTRACT, made this 16th day of June 198 ~_, by and between the
State of Colorado for the use and henefit of the Deparlmenl of 'I Natural Resources
(Colorado Water Conservation Board),
hereinafter rderred jo as the State, and.2 the Ute Water Conservancy District,
P. o. Box 460. Grand Junction. CO 81501,
hereinafter referred to as the ('olltr..ctur,

WHEREAS, authority exisls in the law and Funds have been budgeted, appropriated and otherwise made
availahle 3nd a sufficient unencumbered balance thereof remains available for payment in Fund Number 4008
G/l An'ount Number 5311X . Contraet Encumbranee Number C153380; and --,
ABL Account Number 13112, Org. Unit 77-77-777,
WHEREAS, required approv:!I, clearance and coordination has been aceomplished from and with appropriate
agencies: and

WHEREAS. the State and the Contractor did on April 15.
1982. enter into a contract for State participation in the
improvements of the water supply system of the Contractor for
the benefit of the members of the Ute Water Conservancy
District in Mesa County. Colorado; and

WHEREAS. Senate Bill 439 {l981 Session} which authorized
the project also provided that the authorized amount of Seven
Million Five Hundred Thousand Dollars ($7.500.000) could be
increased by such amounts. if any. as may be justified
by reason of ordinary fluctuations in construction costs as
indicated by engineering cost indices applicable to the types
of construction involved for such projects. . . . II; and

WHEREAS. the State staff has verified that the cost indices
for this project have increased from the time that the project
was authorized to the tlme the project was bid by seven and
one-half percent (7.S') of the project cost; and

WHEREAS, such increase would only be applicable to Six
Million Five Hundred Thousand Dollars ($6.500.000) of the
project cost; and

WHEREAS. the project. as constructed. cost more than the
original amount authorized together with the additional amount
of Four Hundred Eighty-Seven Thousand Five Hundred Dollars
($487.500).

NOW THEREFORE. it is hereby agreed that:

A. The original contract. dated April 15. 1982 (EXhibit A),
is attached hereto and incorporated herein by reference
and is amended as follows:

Paragraph A.12. shall read:

Purchase from the State all of the State1s right.
title. and interest in said project and any facilities
thereof at a total purchase price of Fifteen Million Five
Hundred Thirty-Five Thousand Two Hundred Eighty-Four
Dollars ($15,535.284). payable in thirty (30) annual
installments as follows:

a. First through third installments shall be Four
Hundred Eighty-Seven Thousand Eight Hundred Eighty
Dollars ($487.880) each.

b. Fourth through thirtieth installments shall be Five
Hundred Twenty-One Thousand One Hundred Seventy-Two
Dollars ($521.172) each.

The first installment shall be due and payable on April
15. 1984. and other installments yearly thereafter until

J95-5}'01-10"!4

Page I of~pages
*(SCI.' illstructiuflSOIl rl.'vcrscof la\t page.l

0965E