C150200 Feasibility Study

• Contract/PO #: C150200
• Contractor Name: Sheek Ditch Company
• Contract Type: Loan
• Water District: 34
• County: Montezuma
• Loan Projects - Doc Type: Feasibility Study

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meeting notice, for the purpose of electing Directors and for the
transaction of such other business of the Company.
3.2. Special Meetings. Special meetings of the Members may be called by the
President, the Board of Directors, or at the request of at least two
Members.
3.3. Notice of Meetings. Written notices stating the place, day, and hour of
any meeting of Members will be delivered by an officer, either personally
or by mail, to each Member, at least 10 days before the date of the
meeting. The purposes of the meeting and the agenda will be stated in
the notice.
3.4. Informal Action by Members. Any action that may be taken at a meeting
of the Members, except election of directors and amendment of bylaws,
may be taken without a meeting if a consent in writing, setting forth the
action taken, is signed by all of the Members entitled to vote. Informal
actions may be made by phone poll with a written record of the results,
and such actions are to be ratified at the next meeting of Members.
3.5. . Quorum. . A quorum consists of a majority of the Members of the
Company. If a quorum is not present, a majority of Members present may
adjourn the meeting to another time without further notice.
3.6. Proxies. At any meeting of Members, a Member entitled to vote may vote
by proxy executed in writing and dated by the Member. No proxy will be
valid for more than eleven months.
3.7. Manner of Acting. A majority of votes, either in person or by proxy, shall
decide a matter brought to the Members, unless a greater proportion is
required by these bylaws. All meetings of the Members are to be
managed in a businesslike but informal manner, and Robert's Rules of
Order shall apply if needed.
3.8. Order of Business. The order of business at the annual Membership
meetings and other meetings as applicable, will be conducted as follows:
roll call, proof of quorum, approval of minutes, nominations for election of
Directors, presentation of reports, approval of budget, payment of
expenses, unfinished business, new business, election of Directors, and
adjournment.

Article IV. Rights and Obligations of Members
4.1. Right to Receive Water. A Member of the Company has the right to
direct the Company to receive their irrigation water, including Adjudicated
Water and/or Project Water, on the Member'S behalf and to convey and
deliver the water to the Member's Point of Delivery subject to any
applicable restrictions.
4.2. Regulation of Flows. The Company will regulate flows and deliveries of
irrigation water in the Ditch so that the correct amount of water is delivered
to each Member based upon the priorities of Adjudicated Water and
availability of Project Water.
4.3. Contributions. Each Member has the right and obligation, through
volunteer or in-kind contributions, to help keep the Ditch in good repair in