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<br />.~~ <br /> <br /> <br />THE 3BAND VILLBY IBr:SITIDN CDMPINY <br /> <br />CURRENT EVENTS IN THE GRAND VALLEY <br /> <br />Since 1882 <br /> <br />Volume 1, No.1 <br /> <br />July 1987 <br /> <br />~ <br />at) <br />c:'j <br />N <br /> <br />'- <br /> <br />Re: Salinity Control Program l:pdate <br /> <br /> <br />To: The Stockholders of' the Grand Valley Irrigation ('om pal <br /> <br />Shareholders approve formation <br />of special committee at December <br />1986 meeting <br /> <br />formulate a master contract for <br />shareholders approval for Ilnplernentatlon <br />of salinity control measures. regarding <br />Grand Valley Irrigation Company's <br />lateral ditches. provided such is done <br />without cost to the Company for Staff. <br />Directors. or Superintendent's time. <br />nr for legal or accounting fees. The <br />authorization is to include entering into <br />a billing agreement with the Bureau <br />for r~imhursctllent of costs incurred <br />under this resolution. Fut1hermore. <br />these actions be taken within the scope <br />of authority of the special committee <br />rccommendations. as presented at the <br />March lX. I'1X7. meeting. <br /> <br />The last annual meeting of the Grand Valley <br />Irrigation Company shareholders was held <br />DeL'emher6, I no. At that time. the shareholders <br />approved the formation of a special committee to <br />study and evaluate methods by which the salinity <br />control program could be implemented under the <br />administration of the Grand Valley Irrigation <br />Company. The shareholders also authorized the <br />Board of Directors to contract with the Bureau of <br />Reclamation for reimbursements of the special <br />committee and Grand Valley liTigation Company <br />until the next vote of the shareholders on March <br />lX. !LJX7. <br /> <br />March 1987 meeting - <br />shareholders approve extension of <br />resolution <br /> <br />Since March '1, I 9X7. Grand Valley Irrigation <br />Company and Reclamation have had a billing <br />agreement in place I'm pleased to repot1 that <br />Grand Valley Irrigation Company has sent a <br />monthly billing statement for services rendered <br />and Reclamation has paid for these services. <br /> <br />At the March lX. I 9X7, meeting. the shareholders <br />approved an extension of the resolution adopted <br />at {hc 1'1X5 annual shareholders meeting. This <br />rcso/LHion authOrized the Board of Directors to <br />contll1ue to meet with Reclamation to <br /> <br />Two areas of concern currently <br />being investigated <br /> <br />\V'e arc presently invt:'stigating two areas: <br />