PROJ01960 ‎(2)‎

• Contract/PO #: C150249
• Contractor Name: Black Dike Pipeline Company
• Contract Type: Loan
• Water District: 0
• County: Montezuma
• Loan Projects - Doc Type: Feasibility Study

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e. prepare and send out minutes of all Association and all Board meetings;
f, provide notice to all Board members, and shareholders if applicable, of the time and
place of the Meetings;
g. provide copies of amended By-laws to all members.

Section 4: Treasurer.

The Treasurer, who shall be an Association Member, shall:

a. maintain the financial records of the Association and keep a complete set of books
showing all the accounts, property and transactions of the Association;
b. prepare checks for the accurate payment of Association bills Association checks over
$100.00 must be countersigned by either the President or the Secretary, or a lett~~r
concurring with the expenditure and signed by the President or the Secretary must be
kept on file;
c. serve as a custodian of all money of the Association, collect all Member assessments,
special assessments and other money due the Association, issue receipts for same, if
required, and deposit such funds promptly into the Association's bank account;
d. report to the Members, at least annually, on all business transacted by the Treasmer
and of the status of all accounts;
e. make a report at each Board meeting on the Association's. bank balance and eXpl~nses
since the last meeting; and
f. provide account information for any Association loan request.

Section 5: Vice President.

The Vice President, who shall be an Association Member and be the outgoing President
of the Association, shall:

a, provide advise for the incoming President; and
b. in the absence of the President or if the President is unable to discharge the duties of
his/her office, the Vice President shall act in his/her place and exercise all powers of
the President.

Section 6: Officer Absences.

In the absence of the President and the Vice President, or if the President and the Vice
President should be unable to execute the duties of the President, the members may dect
a President Pro-tern to carry out the duties of President.

In the absence of the Vice President, or if the Vice President should be unable to execute
the duties of the Vice President, the members may elect a Vice President Pro-tern to carry
out the duties of the Vice President.

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