PROJ02040

• Contract/PO #: CT2015-034
• Contract/PO #: C150206
• Contractor Name: Overland Ditch and Reservoir Company
• Contract Type: Loan
• Water District: 0
• County: Delta
• Loan Projects - Doc Type: Feasibility Study

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stockholders present in person or represented by proxy at the meeting was 8947 and
the number of shares voted in favor of adoption was 8069.
IN WITNFSS WHEREOF, we have hereunto set our hands and seals this 18th
day of February, 1987.

ATIFST:
Sharron Klaseen, Secretary

(CORPORATE SEAL)

srATEOFCOLORADO )
) ss,
COUNTY OF DELTA )

VERIFICATION

David Sievers,President

The undersigned, being of lawful age and being first duly sworn upon oath,
deposes, and states that he is the President of the Overland Ditch and Reservoir
Company,. that he has read the foregoing 'Restated. Articles, of Incorporation and
that the statements contained therein are true and. correct to the best of his
knowledge, information and belief,

David Sievers (President)

The foregoing document has been subscribed and affirmed, or sworn to to before me
in the County of Delta, State of Colorado, this 19th day of February; 1987, by
David Sievers, as 'President-of the Overland Ditch and Reservoir Company, a
Colorado corporation.

WITNFSS my hand and official seal

My Commision expires Oct. 3, 1990

Debra L Nix
Notary Public

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bylaws shall have been set forth in the notice of the meeting, The proposal may be adopted
as presented or as amended at such meeting, but no amendment of the proposal shall be
adopted which does not directly relate to the subject of the original proposal.

ARTICLE X
Process of Amendment

The procedure for amending these Articles of Incorporation is as follows:
The board of directors shall adopt a resolution setting forth the proposed
amendment and directing that it be submitted to a vote of the stockholders of
the corporation entitled to vote thereon, at either an annual meeting or a special
meeting..Thequestionshall-a1so-be-SUbmittedwhenever-at1east-one-iwentieth
of the stockholders entitled to vote thereon so request.

Written notice setting forth the proposed amendment or a summary of the
changes to be effected thereby shall be given to each stockholder entitled to vote
at such meeting . within the time and in the manner provided for notice of
stockholder meetings in the bylaws.

The proposed amendment shall be adopted upon receiving at least two-thirds
(2/3) of the votes which/ the stockholders present at such meeting or
represented by proxy are entitled to cast.

ARTICLE XI

Reauired Statements

Section 1. The foregoing Restated Articles of Incorporation. contain amendments and
correctly set forth the provisions of the Articles of Incorporation,. as amended, have
been duly adopted as required by law and as -so adopted, the Restated Articles of.
Incorporation supersede the original Articles .of Incorporation and all amendments
thereto.

Section 2, These Restated Articles of Incorporation were adopted, ..pursuant . to the
provisions of section .7-21-107, as required by law.

Section 3. The foregoing Restated Articles of Incorporationsupersedethe original
Articles of Incorporation and all amendments and supplements thereto.

Section 4. Stockholders of the corporation were entitled to
vote upon the adoption of these Restated Articles of Incorporation and the
question of the adoption of these Restated Articles of Incorporation was submitted to a
vote at a regular meeting of stockholders held on February 9, 1987, at which meeting
a quorum was present and the adoption of these Restated Articles of Incorporation
received at least two-thirds of the votes which stockholders present at the meeting or
represented by proxy were entitled to cast as follows: The number of shares owned by