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C150002 Feasibility Study
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C150002 Feasibility Study
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Last modified
10/5/2011 3:34:40 PM
Creation date
4/9/2007 2:52:30 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150002
Contractor Name
Grand Valley Water Users' Association
Contract Type
Grant
Water District
0
Bill Number
SB 97-8
Loan Projects - Doc Type
Feasibility Study
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<br />Section 2. Payment of as~essments and service charges. <br /> <br />Any order or resolution leVJ~ng any such ass~sBmertts or <br /> <br />establishing charges for water or other services shall specify <br /> <br />the time or times when thE: same shall be payable and shall be <br /> <br />levied or established sufficiently in advance of the date of <br /> <br />paJ~ent so as. to permit of collection thereof in an_ orderly <br />and business-like manner on or before the time when due. <br /> <br />Section 3. Amount of Assessments and service charges. <br /> <br />In determining the amount of any such assessments and/or <br /> <br />water or other service charges reasonable allowance for esti- <br /> <br />mated deficits caused by the failure of some stockholders to <br /> <br />paJ' the same shall be made. <br /> <br />Section 4. Notice of assessment. <br /> <br />The Secretary on or before fifteen days in advance of the <br /> <br />date of payment shall notify each shareholder of any and all such <br />assessments and of the amount 'thereof and the tim~ payable <br />either personally or by depositing the same in the postoffice, <br />I <br />I <br />postage paid, addressed to t~e stockholder at his last known <br />address as shown by the records of the Association. <br /> <br />Section 5. Interest on delinquent a.:isessments. <br />All assessments shall bear interest at a rate to be <br /> <br />fixed when tile assessment is made from the date due until paid. <br /> <br />ARTICLE VI <br /> <br />Enforcement of collections. <br /> <br />Section 1. Time after delinquency. <br /> <br />The Board of Directors after the due date for any unpaid <br /> <br />assessment, levy, charge or other paJ~0nt against the7shares of <br /> <br /> <br />stock of the Association or under any subscription for stock to <br /> <br /> <br />the Association or under any contract or water right applica- <br /> <br /> <br />tion with the United states or under any other instrument in <br /> <br />v~iting providing for payments either to the United states or <br /> <br /> <br />the Association whether running to the Association or the <br /> <br />United States or under any contract between the United ~tates <br /> <br />and the Association may proceed on behalf of the Association <br /> <br />-8- <br />
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