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HomeMy WebLinkAbout851306.tiff RESOLUTION RE: APPROVAL OF IMPACT ASSISTANCE CONTRACT BETWEEN WELD COUNTY AND COLORADO DEPARTMENT OF LOCAL AFFAIRS AND AUTHORIZATION FOR CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, pursuant to 39-29-101 to 14 and 34-63-101 and 102 , CRS, as amended, Impact Assistance Funds were created, which are to be administered by the Department of Local Affairs, and WHEREAS, a Contract for Impact Assistance Funds between Weld County, Colorado, and the Colorado Department of Local Affairs has been presented to the Board, and WHEREAS, after study and review, the Board deems it advisable to approve said Contract, a copy being attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Contract for Impact Assistance Funds between Weld County and the Colorado Department of Local Affairs be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Contract. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 9th day of October, A.D. , 1985 . a,y�1 /) 7'L _'f'_ • , BOARD OF COUNTY COMMISSIONERS ATTEST:11111-(( Linn v�T tivwiium� WELD COUNTY, COLORADO Weld County Clerk and Recorder O-4-÷o" and Clerk to the Board Jkn( Pro-Tem o son, Chairman O AO." affr BY: O-44— c a /tc :t a De uty County Cle APPROVED AS TO FORM: C.W. Ki. '" f C /1:2 G. 41!lc>rj ounty Attorney �� �;/ Fr.nk Yamaguc/ /tit' //q6 ( c' f<:) ri,� r_ 851306 EIAF #1308 Department or Agency Number 5Q 00O0 Contract Routing Number 6 - /33 CONTRACT A p‘ ,/v2---- THIS CONTRACT, made this t day of a —1.-, 198 nunc pro tunc August 29, 1985, by and between the State of Colorado for The use of the Department of d LOCAL AFFAIRS hereinafter referred to as the State, and WELD COUNTY hereinafter referred to as the contractor, WHEREAS, authority exists in the Law and Funds have been budgeted, appropriated and otherwise made available and a sufficient unencumbered balance thereof remains available for payment in Fund Number /OO / , G/L Account Number 50/77 , Contract Encumbrance Number C 05606 ; and WHEREAS, required approval , clearance and coordination has been accomplished from and with appropriate agencies; and WHEREAS, the State desires to assist state agencies, school districts, local governments and political subdivision of the State that are experiencing social and economic impacts resulting from the development of energy resource industries in Colorado; and WHEREAS, pursuant to 39-29-101 to 114, and 34-63-101 and 102, C.R.S. , 1973, as amended, Impact Assistance Funds are created, which are to be administered by the Department of Local Affairs; and WHEREAS, applications for distributions from the Local Government Severance Tax Fund and the Mineral Impact Fund have been received by the Department of Local Affairs; and WHEREAS, the Executive Director desires to distribute said funds pursuant to law; and WHEREAS, the Contractor is an eligible political subdivision to receive energy impact assistance; and WHEREAS, Weld County has been subjected to employment and economic pressures as a result of the energy industry in Colorado; and WHEREAS, the State and the Contractor are in agreement that the timing in completing the acquisition of new courthouse facilities and the renovation of the existing courthouse facility is a critical factor in providing adequate judicial services, and WHEREAS, the Executive Director of the Department of Local Affairs authorized the Contractor to begin the acquisition necessary to undertake the Project on August 29, 1985 prior to the full execution of this Contract because the option on the building was due to expire on August 31 , 1985; NOW THEREFORE It is hereby agreed that: 1 . Area Covered. The Contractor shall perform and accomplish all the necessary work and services provided under this Contract, as described in the attached Exhibit A, which is incorporated herein and made part of this Contract by reference, in connection with and respecting the following area or areas: Weld County 2. Scope of Services. In consideration for the monies to be received from the State, the Contractor shall do, perform, and carry out, in a satisfactory and proper manner, as determined by the State, all work elements as indicated in the "Scope of Services", set forth in the attached Exhibit A, hereinafter referred to as the "Project". Work performed prior to the execution of this Contract shall not be considered part of this Project, except as specifically provided herein. 3. Responsible Administrator. The performance of the services reouired hereunder shall be under the direct supervision of Donald Warden , an Page 1 of 7 pages employee or agent of Contractor, who is hereby designated as the administrator- in-charge of this Project. At any time the administrator-in-charge is not assigned to this Project, all work shall be suspended until the Contractor assigns a mutually acceptable replacement administrator-in-charge and the State receives notification of such replacement assignment. 4. Time of Performance. This Contract shall become effective upon proper execution of this Contract. The Project contemplated herein shall commence as soon as practicable after the execution of this Contract and shall be undertaken and performed in the sequence set forth in the "Time of Performance" in the attached Exhibit A, except as specifically provided herein. Expenses incurred by the Contractor in association with said Project prior to execution of this Contract shall not be eligible expenditures except as specifically provided herein. The Contractor agrees that time is of the essence in the performance of its obligations under this Contract, and that completion of the Project shall occur no later than the termination date set forth in the Time of Performance. 5. Compensation and Method of Payment. The State agrees to pay to the Contractor, in consideration for the work and services to be performed, a total amount not to exceed ONE-HUNDRED AND SEVENTY-FIVE THOUSAND- - - Dollars ($175,000.00). The method and time of payment shall be made in accordance with the "Payment Schedule" set forth in Exhibit A. 6. Accounting. At all times from the effective date of this Contract until completion of this Project, the Contractor shall maintain properly segregated books of State funds, matching funds, and other funds associated with this Project. All receipts and expenditures associated with said Project shall be documented in a detailed and specific manner, and shall accord with the "Budget" set forth in Exhibit A. Contractor may adjust budgeted expenditure amounts up to ten percent (10%) within said Budget without approval of the State. Adjustments of budget expenditure amounts in excess of ten percent (10%) must be authorized by the State in an amendment to this Contract properly executed and approved pursuant to the State Fiscal Rules. In no event shall the State's total consideration exceed the amount shown in Paragraph 5 above. a. Unless otherwise provided in this Contract, if Exhibit A provides for more than one payment by the State, the initial payment set forth in the Payment Schedule shall be made as soon a practicable after proper execution of this Contract. The Contractor shall initiate all subsequent payment requests by submitting documented proof of proper expenditure of State funds thus far received to a contract monitor designated by the State. b. The Contractor shall request the final payment, which is the amount withheld by the State until the Project is complete, for the Project by submitting to the contract monitor a detailed cost accounting of all State funds received and expended towards completion of the Project. Upon determining to its satisfaction that all funds received by the Contractor have been properly spent towards accomplishment of the Project, the State shall promptly make final payment to the Contractor. c. Within ninety (90) days of completion of the Project, the Contractor shall submit to the contract monitor a detailed cost accounting of expenditures of the final payment received from the State. Any State funds not expended in connection with the Project shall be remitted to the State at that time. 7. Audit. The State or its authorized representative shall have the right to inspect, examine, and audit Contractor's records, books and accounts, including the right to hire an independent Certified Public Accountant of the State's choosing and at the State's expense to do so. Such discretionary audit may be called for at any time and for any reason from the effective date of this Contract until five (5) years after the date final payment for this Project is received by the Contractor, provided that the audit is performed at a time convenient to the Contractor and during regular business hours. Whether or not the State calls for a discretionary audit as provided for in this paragraph, if the Project is accomplished within a single fiscal year of the Contractor, the Contractor shall , at the conclusion of the Project, and in addition to any other reports required, submit a report and auditor's statement of the Project account to the Page 2 of 7 pages • • • Office of Impact Assistance in the Department of Local Affairs . Such report shall be prepared in conjunction with Contractor' s regular yearly audit, and must be submitted within six (6) months after the close of the then current Contractor' s fiscal year. 8. Personnel. The Contractor represents that he has, or will secure at his own expense, unless otherwise stated in Exhibit A, all personnel, as employees of the Contractor, necessary to perform . the work and services required to be performed by the Contractor under this Contract. Such personnel may not be employees of or have any contractual relationship with the State. All of the services ' required hereunder will be performed by the Contractor or under his supervision, and all personnel engaged in the work shall be fully qualified and shall be authorized under State and local law to per- form such services. 9 . Termination of Contract for Cause . If , through any cause, the Contractor shall fail to fulfill in a timely and proper manner his obligations under this Contract , or if the Contractor shall violate any of the covenants, agreements, or stipulations of this Contract, the State shall thereupon have the right to terminate this Contract for cause by giving written notice to the Contractor of such termination and specifying the effective date thereof, at least five (5) days before the effective date of such termination. In that event , all finished or unfinished documents, data, studies , surveys, drawings, maps, models, photographs, and reports or other material prepared by the Contractor under this Contract shall, at the option of the State, become its property, and the Contractor shall be entitled to receive just and equitable compensation for any satis- factory work completed on such documents and other materials. Notwithstanding the above, the Contractor shall not be relieved of liability to the State for any damages sustained by the State by virtue of any breach of the Contract by the Contractor, and the State may withhold any payments to the Contractor for the purpose of setoff until such time as the exact amount of damages due the State from the Contractor is determined. 10. Termination for Convenience of State. The State may termi- nate this Contract at any time the State determines that the purposes of the distribution of State monies under the Contract would no longer be served by completion of the Project. The State shall effect such termination by giving written notice of termination to the Contractor and specifying the effective date thereof, at least twenty ( 20) days before the effective date of such termination. In that event , all finished or unfinished documents and other materials as described in Paragraph 9 above shall , at the option of the State, become its property. If the Contract is terminated by the State as provided herein, the Contractor will be paid an amount which bears the same ratio to the total compensation as the services actually performed bear to the total services• of the Contractor covered by this Contract, less payments of compensation previously made: Pro- vided, however, that if less than sixty percent (60%) of the services covered by this Contract have been performed upon the effective date of such termination, the Contractor shall be reimbursed (in addition to the above payment) for that portion of the actual out-of-pocket expenses (not otherwise reimbursed under this Contract) incurred by the Contractor during the Contract period which are directly attri- butable to the uncompleted portion of the services covered by this Contract . If this Contract is terminated due to the fault of the Contractor, Paragraph 9 hereof relative to termination shall apply. 11 . Changes. The State may, from time to time, require changes in the scope of services of the Contract to be performed hereunder. However , this Contract is intended as the complete integration of all understandings between the parties, at this time, and no prior or contemporaneous addition, deletion, or other amendment hereto shall • Page 3 of 7 pages have any force or effect , whatsoever, unless embodied in a written contract amendment incorporating such change , including any incred)e or' decrease in the amount of monies to be paid to the Contractor , executed and approved pursuant to the State ' s Fiscal Rules . 12. Reports . At least two ( 2) copies of all reports prepared as a result of the Project will be submitted to the Office of Impact Assistance in the Department of Local Affairs within two (2 ) weeks of completion of such reports . 13. Indemnification . Contractor , in consideration for State' s promises herein set forth , promises to indemnify, save and hold harm- less and defend State , and all of its employees and agents , acting officially or otherwise , from any and all liability, claims , demands , actions , debts and attorney fees arising out of , claimed on account of , or in any manner predicated upon loss or damage to the property of and injuries to, or death of all persons whatsoever , which may occur, or is sustained in connection with the performance of this Contract , or by conditions created thereby, or based upon any viola- tion of any statute, ordinance , or regulation , and the defense of any such claims or actions . 14. Employment Referrals . The Contractor shall accept and require that all subcontractors accept , from either the Job Training Partnership Act Service Delivery Area employment and training agency or the Job Service Center in the area, referrals as candidates for filling vacant job positions supported by or created as a result of funds provided by the State under this contract . 15. Conflict of Interest . a. No employee of the Contrctor shall perform or provide part-time services for compensation , monetary or otherwise , to a consultant or con- sultant firm that has been retained by the Contractor under the authority of this Contract . b. The Contractor agrees that no person at any time exercising any function or responsibility in connection with this Project on behalf of the Contractor shall have or acquire any personal financial or economic interest , direct or indirect , which will be materially affected by this Contract , except to the extent that he may receive compensa- tion for his performance pursuant to this Contract . c. A personal financial or economic interest includes , but is not limited to: i ) any business entity in which the person has a direct or indirect monetary interest ; ii ) any real property in which the person has a direct or indirect monetary interest ; iii ) any source of income, loans , or gifts received by or promised to the person within twelve (12) months prior to the execution date of this Contract ; iv ) any business entity in which the person is a director, officer, general or limited partner, trustee , employee, or holds any position of management . For purposes of this subsection , indirect investment or interest means any investment or interest owned by the spouse, parent , brother, sister , son , daughter, father-in-law , mother-in-law, brother- in-law, sister-in-law, son-in-law , or daughter-in-law of the person , by an agent on his/her behalf , by a general , limited, or silent part- ner of the person , by any business entity controlled by said person , or by a trust in which he/she has substantial interest . A business entity is controlled by a person if that person , his/her agent , or a relative as defined above possesses more than fifty percent (50%) of Page 4 of 7 pages the ownership interest . Said person has a substantial economic interest in a trust when the person or an above-defined relative has a present or fu 'Luie interest worth mum .: than One Thousaed Dollars (S1 ,-000 .00) . d. In the event a conflict of interest , as described in this Paragraph 16 , cannot be avoided without frustrating the purposes of this Contract , the person involved in such a conflict of interest shall submit to the Contractor and the State a full disclosure statement setting forth the details of such conflict of interest . In cases of extreme and unacceptable conflicts of interest , as deter- mined by the State , the State reserves the right to terminate the Contract for cause, as provided in Paragraph 9 above. Failure to file a disclosure statement required by this Paragraph 15 shall con- stitute grounds for termination of this Contract for cause by the State. 16. Compliance with Applicable Laws . At all times during the performance of this Contract , the Contractor shall strictly adhere to all applicable federal and State laws that have been or may hereafter be established. 17 . Severability. To the extent that this Contract may be executed and performance of the obligations of the parties may be accomplished within the intent of the Contract , the terms of this Contract are severable, and should any term or provision hereof be declared invalid or become inoperative for any reason , such invalid- ity or failure shall not affect the validity of any other term or provision hereof . The waiver of any breach of a term hereof shall not be construed as waiver of any other term. 18. Binding on Successors . Except as herein otherwise provided , this agreement shall inure to the benefit of and be binding upon the parties , or any subcontractors hereto, and their respective successors and assigns . 19. Assignment . Neither party, nor any subcontractors hereto , may assign its rights or duties under this Contract without the prior written consent of the other party. 20. Limitation to Particular Funds . The parties hereto expressly recognize that the Contractor is to be paid, reimbursed, or otherwise compensated with funds provided to the State for the purpose of con- tracting for the services provided for herein , and therefore, the Contractor expressly understands and agrees that all its rights , demands and claims to compensation arising under this Contract are contingent upon receipt of such funds by the State . In the event that such funds or any part thereof are not received by the State , the State may immediately terminate this Contract . 21 . Minority Business Enterprise Participation. It is the policy of the State of Colorado that minority business enterprises shall have the maximum practicable opportunity to participate in the performance of its construction grant contracts . The Contractor agrees to use its best efforts to carry out this policy to the fullest extent practi - cable and consistent with the efficient performance of this Contract . As used in this Contract , the term "minority business enterprise" means a business , at least 50 percent (50%) of which is owned by minority group members or , in the case of publicly owned businesses , at least 51 percent (51%) of the stock of which is owned by minority group members . For the purposes of this definition , minority group members are Negroes or Black Americans , Spanish-speaking Americans , Asian Americans , American Indians , American Eskimos and American Aleuts . The Contractor may rely on written representations by binders , contractors , and subcontractors regarding their status as minority business enterprises and need not conduct an independent investigation. Page 5 of 7 pages SPECIAL PROVISIONS CUM1IOLt l'$ MP1101►*L 1. This contract shall mot be deemed valid Until it shall have been approved by the Controller of the State of Colorado or such assistant as he may *signet*, This provision is applicable to any con- tract Involving the payment of looney by the State. FUND AVAILMILITV 2. Financial obligations of the Stet* payable after the current fiscal year ere contingent upon funds for that purpose being appropriated, budgeted and otherwise node evillable. BOND REQUIREMENT 3. If this contract involves the payment of were than $50,000.00 for the construction, erection, repair, maintenance, or improvements of any building, road, bridge, viaduct, tunnel, excavation or other public works for this State, the contractor shall, before entering the performance of any such work in- cluded in this contract, duly execute and deliver to and file with the official whose signature appears below for the State, • good and sufficient bond or other acceptable surety to be approved by said offi- cial inc penal sue not less than one-half of the total amount payable by the terns of this contract. Such bond shall be duly executed by a qualified corporate surety, conditioned for the due and faithful performance of the contract, and in addition, shall provide that If its contractor or his subcontractors fall to duly pay for any labor, materials, team hire, sustenance, provisions, provender cr other supplies used or consumed by such contractor or his subcontractor in performance of the work contracted to be done, the surety will pay the same in an amount not exceeding the sum specified In the bond, together with interest at the rate of eight per cent per annum. Unless such bond, when so required, Is executed, delivered and flied, no claim in favor of the contractor arising under this contract shall be audited, el lowed or paid. A certified or cashier's check or a bank money order made payable to the Treasurer of the State of Colorado may be accepted in lieu of a bond. This provision is in compliance with 38-26-106 CRS, as amended. DISCRIMINATION NO AFFIRMATIVE ACTION 4, The contractor agrees to comply with the letter and spirit of the Colorado Antidiscrimination Act of 1957, as amended, and other applicable law respecting discrimination and unfair employment prac- tices (24-34-402, CRS 1982, Replacement Vol.), and es required by Executive Order, Equal Opportunity and Affirmative Action, dated April 16, 1975. Pursuant thereto, the following provisions shall be contained In all State contracts or subcontracts. During the performance of this contract, the contractor agrees as follows: (1) The contractor will not discriminate against any employee or applicant for employment because of race, creed, color, national origin, sex, marital status, religion, ancestry, mental or physical hand- icap, or age. The contractor will take affirmative action to insure that applicants are employed, and that employees are treated during employment, without regard to the above mentioned characteristics. Such actions shall Include, but not be limited to the following: employment, upgrading, demotion, or transfer, recrultmmnt or recruitment advertising; lay-offs or terminations; rates of pay or other forms of compensation; aid selection for training, including apprenticeship. The contractor agrees to post in conspicuous places, available to employees and applicants for employment, notices to be provided by the contracting officer setting forth provisions of this non-discrimination clause. (2) The contractor will, in all solicitations or advertisements for employees placed by or on be- half of the contractor, state that ail qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, sex, marital status, religion, ancestry, mental or physical handicap, or age. (3) The contractor will send to each labor union or representative of workers with which he has collective bargaining agreement or other contract or understanding, notice to be provided by the con- tracting officer, advising the labor union or workers' representative of the contractor's commitment un- der the Executive Order, Equal Opportunity end Affirmative Action, dated April 16, 1975, and of the rules, regulations' and relevant Orders of the Governor. (4) The contractor and labor unions will furnish all information and reports required by Executive Order, Equal Opportunity and Affirmative Action of April 16, 1975, and by the rules, regulations end Orders of the Governor, or pursuant thereto, end will permit access to his books, records, end accounts by the contractive; agency and the office of the Governor or his designee for purposes of investigation to ascertain compliance with such rules, regulations and orders. (5) A labor organization will not exclude any individual otherwise qualified from full membership rights in such ha= organization, or expel any such individual from membership In such labor organization or discriminate against any of its members in the full enjoyment of work opportunity, because of race, creed, color, sex, national origin, or ancestry. (6) A labor organization, or the employees or members thereof will not aid, abet, incite, compel or coerce the doing of any act defined In this contract to be discriminatory or obstruct or prevent any person from complying with the provisions of this contract or any order issued thereunder; or attempt, either directly car Indirectly, to commit any act defined in this contract to be discriminatory. Page 6 of 7 Pages • (7) in the event et the contractor's non-co pllanee with Rie non-dlsalalnatien clause M this oon- tract Or with elm et such rules, regulations, er orders, this contract sny M ancalled, terminated der suspended In whole or in pert end the Contractor May be declared ineligible far further State eon In eceordence with proceduras•euthorltad in Executive Order, Equal Opportunity end Affirmative Action Of April 16, 1975 end the rules, regulations a orders promulgated In accordance therewith, end such other sanctions es may be imposed end remedies as may be invoked es provided in Executive Order, Equal Opportu- nity end Affirmative Action of April 16, 1975, or by rules, regulations, or orders preeuieated in accor- dance therewith, or a otherwise provided by law, (8) The contractor will include the provisions of paragraph (1) through (8) In every sub-contract and sub-contractor purchase order unless exempted by rules, regulations, a orders issued pursuant to Ex- ecutive Order, Equal Opportunity and Affirmative Action of April 16, 1975, so that such provisions will be binding upon each sub-contractor or vendor. The contractor will take such action with respect to any sub-contracting or purchase order as the contracting agency may direct, as a means of enforcing such pro- visions, Including sanctions for non-eomplience; provided, however, that in the event the contractor be- comes Involved In, or is threatened with, litigation with the subcontractor or vendor as • result of such direction by the contracting agency, the contractor may request the State of Colorado to enter into such litigation to protect the interest of the State of Colorado. COLMA00 LABOR P EHMEICE 5. Provisions of 8-17-101 6 102, CRS for preference of Colorado labor are applicable to this con- tract if public works within the State are undertaken hereunder and are financed in whole or In part by State funds. GENERAL 6. The laws of the State of Colorado and rules and regulations issued pursuant thereto shall be ap- plied In the interpretation, execution and enforcement of this contract. Any provision of this contract whether or not incorporated herein by reference which provides for arbitration by any extra-Judicial body or person or which Is otherwise in conflict with said laws, rules and regulations shall be considered null and void. Nothing contained In any provision Incorporated herein by reference which purports to ne- gate this or any other special provision in whole or in part shall be valid or enforceable or available in any action at is whether by way of complaint, defense or otherwise. Any provision rendered null and void by the operation of this provision will not invalidate the remainder of this contract to the extent that the contract is capable of execution. 7. At all times during the performance of this contract, the contractor shalt strictly adhere to all applicable federal and State laws, rules and regulations that have been or ay hereafter be esta- blished. 8. The signatories hereto aver that they are familiar with 18-8-301, et seq., (Bribery and Corrupt Influences) and 18-8-401, et seq., (Abuse of Public Office), CRS 1978 Replacement Vol., and that no vio- lation of such provisions is present. 9. The signatories aver that to their knowledge, no State employe has any personal or beneficial interest whatsoever In the service or property described herein. IN WITNESS IMHOF, the parties hereto have executed this Contract on the day first above written. STATE OF COLORADO ` //'' RICHARD 0, LAMM, GOVERNOR`, (Full Legal Name) Geld CouiA-y BYed44.‘e �gen Smith Executive 01r or Contractor B6O Uv o DEPARTMENT OF Local Affairs Position (Title) CkA;R (n A+0 Federal identification Number (If Corporation:) J -�- Attest: ('SSea l) .' lt� �e&4t/te a�n, 8y / 631�1t �� l / J Town/Couety Clerk or qulvs lent APPROVALS ATTORNEY GENERAL � `,1!C?.:�sl~: rir) R JAPES A. STROUP 4rBY . 1 S :PM% :coral riot ;.' r+ Page 7 et 7 Pages fr. , EXHIBIT A Scope of Services and Payment Schedule #1308 EXHIBIT A SCOPE OF SERVICES AND PAYMENT SCHEDULE WELD COUNIY 1. Scope of Services This project involves the acquisition and remodeling of a building located at 922 through 936 9th Avenue, Greeley, Colorado by Weld County for court support functions including but not limited to the Probation Department and Public Defender's Office. This project, also, includes the renovation of the interior of the existing courthouse facility. The Courthouse renovation will include the remodeling of portions of the 1st, 2nd, 3rd and 4th floors of the building to better utilize the space available. The contribution from Impact Assistance shall not exceed $175,000. Weld County will provide $262,500 cash match. Construction contracts for the project will be awarded using a formal , public competitive bid process with the Contractor being obligated to award the bid to the lowest responsible bidder meeting the Contractor's project specifications Copies of any and all contracts entered into by the Contractor in order to accomplish this project will be submitted to the Department of Local Affairs, Office of Impact Assistance, upon execution, and any and all contracts entered into by the Contractor or any of its subcontractors shall comply with all applicable federal and Colorado State law and shall be governed by the laws of the State of Colorado notwithstanding provisions therein to the contrary. II. Time of Performance This agreement is effective retroactively to August 29, 1985, and all actions of the parties hereto which have taken place after August 29, 1985 and prior to the date of execution of this agreement which are in accordance with the terms hereof are ratified and confirmed. The contract will expire on October 31 , 1986 except that the contract may be extended a maximum of 12 months subject to the mutual agreement of the State and the Contractor. A request for extension by the Contractor shall be submitted to the State at least 30 days prior to the expiration of the Contract with a full justification for the extension request. If approved by the State, written notification will be provided to the Offices of the State Controller and the State Attorney General. III. Budget Revenue Expenditures Impact Assistance Funds $175,000 Acquisition $308,000 County Contribution 262,500 Remodel Annex 57,800 Remodel Courthouse 71 ,700 Total $437,500 Total $431,500 IV. Payment Schedule A. $123,200 Initial payment to be made within thirty (30) days of the date of execution of this contract. B. $ 43,050 In approximately two interim payments reimbursing the Contractor for actual expenditures made in the performance of this Contract. Payments will be based upon properly documented financial and narrative status reports detailing expenditures made to date. Page 1 of 2 pages C. $ 8,750 Final payment to be made upon completion of the project. The contractor will submit a final financial and narrative report documenting the expenditure of all Impact Assistance Funds for which payment has been requested. $175,000 TOTAL All requests for payment after the first payment will be initiated by the contractor in accordance with the provisions in paragraph 6 of the main body of this contract. V. Contract Monitoring The Department of Local Affairs will monitor this project on an as needed basis. VI. Reporting Schedule The contractor will submit financial and narrative status reports detailing Project progress and properly documenting all expenditures of Impact Assistance funds at the time the payment is requested, in accordance with the payment schedule. Page 2 of 2 pages Hello