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(Local $CDOTWRK) Rev 10/03 <br /> PROJECT NH 0361-103, (18907) 331000638 <br /> REGION 6, (rp) <br /> CONTRACT <br /> THIS CONTRACT made this /-1-1-day of 20/3, by and between the State of <br /> Colorado for the use and benefit of the Colorado Department of Transportation (the "State" or <br /> "CDOT") and the CITY OF LOUISVILLE, 749 Main Street, Louisville, Colorado, 80027, CDOT <br /> Vendor#: 2000114, (the"Local Agency"). The Local Agency and CDOT shall be referred to as the <br /> "Parties". <br /> RECITALS <br /> 1. Authority exists in the law and funds have been budgeted, appropriated and otherwise made <br /> available and a sufficient uncommitted balance thereof remains available for payment of project and <br /> Local Agency costs in Fund Number 400, Function <<>>, GL Acct. <<>>, WBS Element <o>, <br /> (Contract Encumbrance Amount: $0.00). <br /> 2. Required approval,clearance and coordination have been accomplished from and with appropriate <br /> agencies. <br /> 3. Pursuant to 43-2-104.5 C.R.S.as amended,the State may contract with a Local Agency to provide <br /> maintenance and construction of highways that are part of the state (or local agency) highway <br /> system. <br /> 4. The Parties anticipate the design and construction of a diverging diamond interchange at US 36 at <br /> McCaslin Boulevard(the Project),and by the date of execution of this contract,as described in Exhibit <br /> A. <br /> 5. CDOT will secure portions of the funding for the Project from the Town of Superior(Superior)and <br /> from the Regional Transportation District(RTD through separate agreements. <br /> 6. The Local Agency has made funding available for CDOT project number NH 0361-103 (18907), <br /> which shall be a contribution to the construction Project(the Contribution)by the Local Agency, and <br /> CDOT shall construct the diverging diamond interchange at US 36 and McCaslin Boulevard (the <br /> Work). The Work will be performed in Louisville, Colorado, and Superior, Colorado as more <br /> specifically described in Exhibit A. <br /> 7. The Local Agency has funding available for its Contribution,as shown in Seciton 4 of this Contract, <br /> towards the Project,which will be paid in three installments as provided in this contract. <br /> Page 1 of 12 - <br />