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Resolution 2018-07
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Resolution 2018-07
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Last modified
3/12/2021 4:28:55 PM
Creation date
2/21/2018 2:01:20 PM
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Template:
City Council Records
Doc Type
Resolution
Signed Date
4/17/2018
Ord/Res - Year
2018
Ord/Res - Number
07
Original Hardcopy Storage
7D6
Supplemental fields
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RES 2018-07
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3. Participant agrees to provide to the WGF Enterprise funds for it's <br />pro rata share of the costs necessary to complete the Fifth Phase of the <br />Project. <br />A. The WGF Enterprise estimated that Participant's pro rata <br />share of the costs of the Fifth Phase of the Project was $431,597 for the <br />2016 calendar year. Participant paid the WGF Enterprise its pro rata share <br />of the 2016 calendar year costs. <br />B. The WGF Enterprise estimated that Participant's pro rata <br />share of the costs of the Fifth Phase of the Project was $350,624 for the <br />2017 calendar year. Participant paid the WGF Enterprise its pro rata share <br />of the 2017 calendar year costs. <br />C. The WGF Enterprise estimates that Participant's pro rata <br />share of the cost of the Fifth Phase of the Project is $283,500 for the 2018 <br />calendar year. Participant will pay the WGF Enterprise its pro rata share of <br />the 2018 calendar year costs on or before March 1, 2018. This estimated <br />cost will not be increased or exceeded without the prior written approval <br />of Participant. <br />If the Fifth Phase of the Project cannot be completed within these <br />estimated costs, the WGF Enterprise is not obligated to complete the Fifth <br />Phase of the Project for the benefit of Participant unless sufficient <br />additional pro rata funds as determined by the WGF Enterprise are <br />provided by Participant. Attached hereto as Exhibits A, B and C are tables <br />showing the pro rata share of the costs of the Project for each Participant <br />for 2016, 2017 and 2018 based upon then -current allocations of capacity <br />in the Project. <br />2. All other terms and conditions of the Agreement shall continue in full force and <br />effect except as specifically amended herein. <br />CITY OF LOUISVILLE <br />By. <br />Name: <br />Title: l✓Ifi/ <br />MUNICIPAL SUBDISTRICT, NORTHERN <br />COLORADO WATER CONSERVANCY <br />DISTRICT, ACTING BY AND THROUGH THE <br />WINDY GAP FIRMING PROJECT WATER <br />ACTIVITY ENTERPRISE <br />Name: �n <//�� t.✓, 17 � <br />Title: G, (1-1, <br />Page 2 of 2 <br />
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