Laserfiche WebLink
<br />'I <br /> <br />DRAFT <br /> <br />o <br /> <br />!."- <br /> <br />....f <br />C1j <br />c:-~ <br />C;J <br /> <br />SUMMARY OF THE MAJOR PROVISIONS <br />OF THE PROPOS ED <br />CONTRACT BETWEEN THE UNITED STATES OF AMERICA <br />AND THE STATE OF COLORADO <br />FOR REPAYMENT OF THE SEPARABLE COSTS FOR <br />RECREATION AND FISH AND WILDLIFE <br />ENHANCEMENT FACILITIES IN THE HEAD-SAN LUIS LAKES AREA, <br />CLOSED BASIN DIVISION, SAN LUIS VALLEY PROJECT <br />AND FOR THE OPERATION, MAINTENANCE, AND <br />REPLACEMENT OF SUCH FACILITIES <br /> <br />Facilities Leased to The State <br /> <br />1;' The United States in consideration of observance and <br />performance by the State of its legal obligations under this <br />contract, hereby leases to the State the recreation and fish and <br />wildlife facilites as shown on exhibit "A," attached hereto. The <br />State, at its own expense, hereby accepts the lease and the <br />operation and maintenance responsibilities of the Leased <br />Facilities as shown on exhibit "A" in accordance with the. terms <br />and conditions of this contract. <br /> <br />upon completion of construction of the recreation and fish and <br />wildlife facilities or 50 much thereof as will permit substantial <br />public use and upon 60 days written notice of such completion by <br />the United States, the United States will transfer to the State <br />and the State will assume administration and operation and <br />maintenance responsibilities of the facilities thus far developed <br />or provided. The State shall observe all Federal and State laws, <br />rules, and regulations applicable to the Leased Facilities and <br />shall keep the Leased Facilities in neat, orderly, safe, and <br />sanitary conditions at all times. . <br /> <br />Terms of Contract <br /> <br />2. a. This Contract shall become effective on the date <br />first hereinabove written and shall remain in effect for a period <br />of 50 years from that date: Provided, That under terms and <br />conditions mutually agreeable to the parties, renewals of this <br />contract may be made for successive periods of not to exceed 50 <br />years each. The terms and conditions of each renewal shall be <br />agreed upon not later than 1 year prior. to expiration of the then <br />existing Lease Agreement. <br /> <br />119a <br />coni sll <br />