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.. .. ," ~,2109/99 13: 32 'B Grd. vI.... Wat.er Users 131332434671 ~ 008/009 p.ee "'0=- :-:. Minutes Of The Board Of DIrectors Meeting Grand Valley Water Users Assoelatfon June 5, 1997 President Pitts called the meeting to order at 8:04 PM at the Constnu;tion Division Office, wIth Directors Albertson, Sunigar, Cronk, Currier, Krause, Manne1, Pitts, Rossi and Thompson present. Direc:tor Wells was absent. Also present were Messrs Conrad, Harper and Praetor of the Association staff. . During the meeting the following business was CDnducted. 1. The minutes of May 8, 1997 were approvacl on matton by Director Buniger. Motion was seconded by DJrector Mannel and carried. 2. Mr. Watt L.egfts (Seriar #126) has requested approval from the Board to close an Association dug drain that exists at or near the property rine between his property and rand awned by Mr. Carroll Niblet" (Serial #127). The Association has not performed mairrtenance wor1c on said drain fbr several years. Mr. Legits claims that the drain ditch is no longer needed because he has . reHouted the field run-otTwaterthatwas conveyed by the drain ditch. Mr. Leglts also claims that hIs neighbor, Mr. Niblet, also wants the drain ditch closed. On motion by Dirsdor Rossi, the BOard approved Messers leg its' and. Niblet's request ta close said drain ditch provided they bath ftm sign a written agreement with the AsSociation agreeing tg ~e.i::ondition that the Assoc;iation will not be responsible, nable or will not I1Mirg the drain if in U1e future its elosure caUSQS the landowners problern$. Motion was seconded by DirectDr Mannel and carried. 4> 4. 3. Mr. and Mrs. James Whipple dGrand Junction, Colorado has filed a water right application (S7eW106) with OjstJ1ct Court, Water Division No.5, Colorado. Their application Is 10 take water out of Lateral A41 via the Government Highline Canal, diverted from the Colorado River at the RoUer Dam to non Grand Vaney Projeet lands located apprmdrnat91y 1/4 mile east of the intersection of 17 and.O Roads. The Association's attomey, Mr. Ancty Williams, has written the Whipples a 19tterencouraglng them to drop their application. The Board's ccnsensus was that sUCh water right application should be opposed because:>> the canal alraady flaws at capacity during times of high demand. The Board took no further action on the matter at this time. The investing of Association reserve funds in U. S. Treasury BIlls, Notes or Bonds was discussed by the Board. Investing in the Tr88$unes would lessen the number of bankIng Institutions needed for Association accounts and yield a higher rate of interest over the money market accoUnts eurrvrrtfy being used. Treasuries are considered to be of maximum safety since they aTe bac;ked . directly by the federaJ government. Following the Board's discussion on the