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<br />Date of Annual Meeting: Annual meetings are held on the 2nd Tuesday in lVlarch each <br />year pursuant to Colorado Statute. <br />Is the organization incorporated in the State of Colorado? YES X NO _ (If YES, please <br />include a copy of the articles of incorporation, and the bylaws with this application form.) <br /> <br />A copy of the Articles of Incorporation and the Bylaws are attached as <br /> <br />Exhibits A and B. respectively. <br /> <br />4. Please provide a brief description of the owner's existing water supply facilities and describe <br />any existing operational or maintenance problems. Attach separate sheets if needed, and a map <br />of the service area. B.H. Eaton Ditch to deliver share ownership and junior conditional <br />water rights to storage. Two lined reservoirs have been constructed. One small pump <br />station for Pelican Hills is operational. Service Area for W ater Valley South and Pelican <br />Hill area attached at Exhibit C. <br /> <br />For existing facilities indicate: <br />Number of shareholders N/A <br />Current Assessment per share $ N/A <br />Number of acres irrigated N/ A <br /> <br />Part B. - Description of the Project <br />1. Name ofthe project or facility: Water Valley South <br /> <br />or Number of customers served <br />Number of shares N/ A <br /> <br />N/A <br /> <br />2. Purpose ofthis loan application. Check all that apply. <br />X New project <br />Rehabilitation or replacement of existing facility <br />Enlargement of existing facility <br />Emergency Repair <br />Other ( describe) <br /> <br />The use of the funds would for the payment of lined storage construction and construction <br />of piping and relocation of RH. Eaton Ditch. two new diversion structures. construction <br />of one pump station. upgrade of existing pump station. construction of 65.000 feet of <br /> <br />2 <br />