Resolution 2017-23 - Laserfiche WebLink

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pro rata share of the costs necessary to complete the Fifth Phase of the Project. A. The WGF Enterprise estimated that Participant's pro rata share of the costs of the Fifth Phase of the Project was $431,597 for the 2016 calendar year. Participant paid the WGF Enterprise its pro rata share of the 2016 calendar year costs. B. The WGF Enterprise estimates that Participant's pro rata share of the cost of the Fifth Phase of the Project is $350,624 for the 2017 calendar year. Participant will pay the WGF Enterprise its pro rata share of the 2017 calendar year costs on or before May 31, 2017. This estimated cost will not be increased or exceeded without the prior written approval of Participant. If the Fifth Phase of the Project cannot be completed within these estimated costs, the WGF Enterprise is not obligated to complete the Fifth Phase of the Project for the benefit of Participant unless sufficient additional pro rata funds as determined by the WGF Enterprise are provided by Participant. Attached hereto as Exhibits A, and B are tables showing the pro rata share of the costs of the Project for each Participant for 2016 and 2017 based upon then -current allocations of capacity in the Project. The storage allocations and costs shown on Exhibit B reflect each Participant's share of estimated 2017 costs for the Fifth Phase based upon a revised allocation of storage capacity in the Project as described in Paragraph 2 of the Agreement. Each participant's cost reflects an appropriate adjustment on its payment obligation based on this revised storage allocation. 3. All other terms and conditions of the Agreement shall continue in full force and effect except as specifically amended herein. CITY OF LOUISVILLE By: Name: Title: Mayor MUNICIPAL SUBDISTRICT, NORTHERN COLORADO WATER CONSERVANCY DISTRICT, ACTING BY AND THROUGH THE WINDY GAP FIRMING PROJECT WATER ACTIVITY ENTERPRISE By: Tn6: Page 2 of 2 DA) C—A-12 Lf�Y`-'