Laserfiche WebLink
<br />NOW, THEREFORE, in consideration of the mutual and dependent covenants herein <br />contained, the parties hereto agree as follows: <br />1. TERM OF CONTRACT <br />(a) This contract shall be effective for 40 years from the date of execution. <br />(b) The Contractor may terminate this contract at any time. <br />(c) Termination as above provided shall be accomplished by written notice by the <br />Contractor to the United States as provided in Article 6(B) below, at least 1 year prior to the date <br />of such termination. <br />(d) Upon failure of the Contractor to perform its obligations under this contract, the United <br />States will notify the Contractor in writing of the intent to terminate this agreement. The said <br />Notice of Termination shall specify each failure of the Contractor, and shall further provide that <br />the Contractor may, within a 90-day period from the date of said notice, present a detailed <br />program to correct such deficiencies, and the United States shall review and reasonably accept <br />such corrections and thereby waive the termination notice. r <br />2. DELIVERY OF WATER <br />(a) The Contracting Officer, during the term of this contract shall release water, not to <br />exceed 5.0 acre-feet at the outlet works of the glue Mesa Dam <br />(b) Requests for the release of water under this contract, from Blue Mesa Reservoir shall <br />be made by the Colorado Division of Water Resources, Water Division 4 Engineer by calling the <br />Water Management Group at the Western Colorado Area Office of the Bureau of Reclamation at <br />(970) 2411-0652 or (970) 248-0600- <br />(c) The Contractor shall have no holdover storage rights in Blue Mesa. Reservoir from year <br />to year. An?' water purchased hereunder not called for by the end of each calendar year shall <br />become integrated with the water supply for all purposes of the Blue Mesa Reservoir and be <br />available for tit purposes at that time. <br />3. RATE AND .METHOD OF PAYMENT FOR WATER <br />(a) the (2ontr-cictor agrees to pay annually to the United =Mates ;.o3 the quantity o water for <br />which it has contracted, whether or not the water is actually released from Blue Mesa -Reservo=:-- <br />T he payment rats for :n: sIs ipal water ?vlll tie re.'se xle and. adjusted annuat ly hn 'acc or(lannce wit <br />+1,? Debz SerVieing I1 etlaod;;lon, used for the Colorado F.::rer Storage Pro:zct. An adjustable <br />nn-