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,- <br />• - 16 - • <br />3.3 In the expectation that the project-related <br />population will from time to time reach a level of ap- <br />proximately fifteen hundred (1500) people, Western-Utah <br />and Deseret, through Western-Utah, agree to pay, in <br />three equal annual installments, the first installment <br />to be paid thirty (30) days following groundbreaking for <br />construction of the Mine, and the second and third in- <br />stallments to be paid, respectively, on the first and <br />second anniversaries of the first installment, the fol- <br />lowing sums to the following Governmental Entities: <br />(a) to Rio Blanco County, One Million Five Hundred Thou- <br />sand Dollars ($1,500,000.00); (b) to the Town of Rangely, <br />One Million Five Hundred Fifteen Thousand Dollars <br />($1,515,000.00); (c) to the Rangely District Hospital, <br />Eight Hundred Seventy-Six Thousand Dollars ($876,000.00); <br />(d) to the Western Rio Blanco County Metropolitan Recrea- <br />tion and Park District, Eight Hundred Twenty Thousand <br />Four Hundred Dollars ($820,400.00); (e) to the Rangely <br />Ru~a~ Fire Protection District, One Hundred Twenty Thou- <br />sand Dollars ($120,000.00); and to the Rangely Regional <br />Library, One Hundred Five Thousand Dollars ($105,000.00). <br />3.4 western-Utah and Deseret, through Western- <br />Utah, further agree, with respect to the sums agreed to <br />be paid pursuant to paragraph 3.3 of this Agreement, to <br />pay to the relevant Governmental Entity interest, at the <br />rate of ten percent (10~) per annum, on that portion of <br />the total amount payable to each Governmental Entity <br />outstanding at any point in time, such payment to be made <br />along with the principal payment then due on the first <br />and second anniversaries of the first payment. <br />