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<br />Chapter 11- Description of Sponsoring Entity <br /> <br />The South Side Reservoir Company <br />The SSRC is a Colorado non-profit Ditch Company registered in the State of <br />Colorado. There are 90 shareholders and 265 shares of stock. The SSRC has <br />the power to set annual assessments to be paid by the shareholders and the <br />power to refuse to deliver water to shareholders that fail to pay their <br />assessments. <br /> <br />The Board of Directors of the Corporation consists of seven persons, who are <br />stockholders, and who are elected annually, and hold their offices until their <br />successors are elected and qualified. The officers of the Company, consisting of <br />a President, Treasurer, and Secretary are members of the Board of Directors and <br />are chosen annually by the Board to serve in their respective positions. Th~3 <br />duties of the Board of Directors are listed in the By-Law/Articles of Incorporation. <br />The current Directors of the Company and their offices are as follows: <br /> <br />President John Whiteside <br />Treasurer Steve McMillan <br />Secretary Jon Stephens <br />Director Henry Hetzel <br />Director Gary Hausman <br />Director Matt Luce <br />Director Marlyn Tande <br /> <br />13 <br />