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C150150 Contract
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C150150 Contract
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Last modified
3/27/2014 11:06:58 AM
Creation date
3/26/2007 10:19:10 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C150150
Contractor Name
Lower Arkansas Water Management Association
Contract Type
Loan
Water District
67
County
Bent
Loan Projects - Doc Type
Contract Documents
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<br />, <br /> <br /> <br />MOSES, WITTEMYER, HARRISON AND WOODRUFF, P.C. <br /> <br />. "< :"<~ i- '. ! <br />LUU-t <br /> <br />LAW OFFICES <br /> <br />DAVID L. HARRISON <br />JAMES R. MONTGOMERY <br />TIMOTHY J. BEATON <br />VERONICA A. SPERLING <br /> <br />1002 WALNUT STREET, SUITE 300 <br />BOULDER, COLORADO 80302 <br /> <br />CHARLESN.WOODRUFF <br />(1941-1996) <br /> <br />TELEPHONE: (303) 443-8782 <br />FAX: (303) 443-8796 <br /> <br />COUNSEL <br />RAPHAEL J. MOSES <br />JOHN WITIEMYER <br /> <br />RICHARD J. MEHREN <br />GABRIEL D. CARTER <br /> <br />ADDRESS CORRESPONDENCE TO: <br />P. O. BOX 1440 <br />BOULDER. CO 80306-1440 <br /> <br />January 21, 2004 <br /> <br />BY FAX AND MAIL <br /> <br />Rod Kuharich, Direciur <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Re: Lower Arkansas Water Mana~ement Association Loan Contract No. <br />C150150 <br /> <br />Dear Mr. Kuharich: <br /> <br />As requested by the Attorney General's office, and, in order to comply with Section <br />7 of the above-referenced loan contract, we are providing this opinion letter to complete the process <br />for the Colorado Water Conservation Board's ("CWCB") $2,272,500.00 loan to the Lower Arkansas <br />Water Management Association ("LA WMA") for the purchase of one-half of the Keesee water <br />rights. This opinion is based on a review of LA WMA's Bylaws and Articles of Incorporation. A <br />copy of LA WMA's Bylaws and a copy of LA WMA's Articles oflncorporation have been provided <br />to the CWCB. <br /> <br />Based on our review of the documents enumerated above, it is our opinion: <br /> <br />1. That the loan contract has been duly executed by officers of LA WMA who <br />are duly elected or appointed and are authorized to execute the contract and <br />to bind LA WMA. <br /> <br />2. That LA WMA's Board of Directors has the authority to enter into the <br />contract and has duly adopted a resolution authorizing LA WMA to enter into <br />the contract for the loan amount. <br /> <br />3. That there are no provisions in LA WMA's Articles of Incorporation or <br />Bylaws and we know of no State or local law that prevent this contract from <br />binding LA WMA. <br />
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