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<br />01/'0:'::7'2El0}. 10: 09 <br /> <br />9705772348 <br /> <br />TOWN OF DOVE CREEK <br /> <br />PAGE 03 <br /> <br />~~I.I! :.,...~..\t(,"'~~~1 <br /> <br />'. ~ . i- <br /> <br />..t:I'~.. ~... <br />", ~'-_?':'~ " <br /> <br />"~...a.~. .' -... . <br /> <br />., . <br /> <br />. ...--..-----......-.. _. <br /> <br />1.2 "Board of Trustees. refers to the legislatIve body 01 the Town. <br /> <br />1.3 . "District" refers to the Dolores Water Conservaney District, .a quasI. <br />municipal entity and political subdivision of the State of Colorado. estabhshed pursuant to <br />C.R.S.S 37-45-101,. et. seq. <br /> <br />1.4. "Distribution System" refers to those facUlties reasonably nece$s$ry to <br />provide Sscondary Water into, within and through the Town, and to territolY adjacent t,o <br />the Town, Including, but not limited to, systems, pipelines, equipment, valves, meter Pitt, <br />meters and other appurtenant structures. The Distribution System shall not be used. at <br />any.time for any reason, to deliver culinary water to resIdences. <br /> <br />1.5 "Line" refers to the pIpeline through whioh the Town receives raw water from <br />the Monument Creek Lateral under the Dolores Project. <br /> <br />1.6 "Remaining Balance Plus lntere$t" means the sum of annual calculations as <br />follows: ((a + b) - (0 ... d) ("Remaining 8tslance")) + (Remaining Balance. x (9)) where <br /> <br />a :: coat to District to develop Distribution System <br />b :I cost to operate and maintain system <br />c :: PIF payments to District <br />d · Distribution System fees paid to District <br />e · a percentage equal to one hatf percent above the highesf Interest the <br />Cistrict earns on it$ lavlngs. <br /> <br />1.1 "Reservoir Land" refers to land and easements to be donated by the Town, <br />to the satisfaction of the DlstT1ct. to allow the District to construct a reservoir of up to ten <br />(10) Acre F"t in size to store raw water for Distribution System peaking use anel, <br />perhaps, If terms are agreed upon separatety between the District and the Town, that may <br />also be used as a settling pond for the Town's treated water system, <br /> <br />1.8 uRevenueh refers to the gross amount of money wtIleh the District, and its <br />8Uect$Sors and assigns, reoelves from Distrlbution System customers within the Town <br />from the sale of Secondary Water <br /> <br />1.9 uSeco~dary Water" refers to untreated water delivered by the Ol$trict, and fts <br />s~cee$Sors B,nd assigns. through the Distribution System, to be used for outsIde watering <br />within the limits of the Town and territory adjacent thereto, <br /> <br />. 1.10 UTe:"^'"- refers to the Town of Dove Creek, Dolores County, Colorado, and <br />Includes the territory currently Ylfthln the Town and surroUnding territo'Y as may In the <br />future be included within the boundaries of the Town. <br /> <br /><~ <br />;~ <br /> <br />;f <br />. ~ <br /> <br />" <br /> <br />.j <br /> <br />ARTICLE II .. GRANT OF FRANCHISE <br /> <br />2 <br /> <br /> <br />