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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />g'fU:lJ .'(" .~_, . \ <br />.'-/f(::r....., i (). 'H:k en..", <br />Cataa.1Dro (~IA B( 'C'K' ,'" j ~ <br />''''SECJ.uo..~\.~ \.~: y '\. <br />RESTATEp AND AMENDED ARTICLES OF INCORPORATION ..[~~'~;: <br /> <br />..... .. <br /> <br />OF <br /> <br />-~'--~'~;"'''...:. ," .. <br /> <br />. ... " ~ <br /> <br />"'-.... ...~~ <br /> <br />LOWER ARKANSAS WATER MANAGEMENT ASS01Wf5%~97M <br /> <br />. . ~~C RETiRI! OF 5T..... TJ: <br />~~ :'/!( t;tJ..tp_-~ 1 ?~?;Hat:" I. <br />Pursuant . to the provisions of the Co Ora O''"'NonPr6f-llt <br />Corporation Act, as amended, the Lower Arkansas Water Management <br />Association hereby adopts ,the following Restated and Amended <br />Articles of Incorporation. · Upon their effective date, these <br />Restated and Amended Articles of Incorporation shall supersede and <br />replace the Articles of Incorporation adopted on May 30, 1990. <br /> <br />ARTICLE I <br />Name <br /> <br />The name of the corporation is LOWER ARKANSAS WATER <br />MANAGEMENT ASSOCIATION. <br /> <br />ARTICLE II <br /> <br />The corporation is formed in recognition of the need of <br />its members to organize in order to meet the requirements of ground <br />water use administration in the State of Colorado and, in <br />particular, in the Arkansas Valley. The corporation is the <br />continuation of the organization incorporated on February 20, 1973 <br />and on May 31, 19.90 for the purpose of providing augmentation <br />service to its members. <br /> <br />After the State of Colorado wa~ sued by the State of <br />Kansas and the Colorado State Engineer adopted stricter rules and <br />regulations governing well pumping,' the importance of continuing <br />and strengthening this organization has increased. Increased <br />augmentation demands have led members with pre-1986 wells to come <br />together to jointly borrow' money on a long-term basis to buy <br />additional water rights and for all members to band together to <br />implement a practical plan for augmentation and to accommodate its <br />administration for the benefi.t of all. members. It is recognized <br />that the adoption of a structure that enables the issuance of stock <br />to members with pre-1986 wells will strengthen the organization. <br />. <br /> <br />These articles of incorporation are adopted in <br />recognition of these matters. <br /> <br />ARTICLE III <br />Office and Agents <br /> <br />The 'address of the initial registered office of the <br />corporation is 307 South 5th Street, P.O. Box 1161, Lamar, prowers <br />County, Colorado 81052. The name of its registe~ed 'agent at this <br />time at such address is Donald F. Higbee. <br /> <br />APPENDIX A <br />