PROJ02232

• Contract/PO #: C150258
• Contractor Name: Lower Arkansas Water Management Association
• Contract Type: Loan
• Water District: 67
• County: Bent
• County: Prowers
• Loan Projects - Doc Type: Feasibility Study

(3) The bylaws of the corporation may provide for
, fihe preparatiori of an a�phabetical Iis.t of the
� " names of all its members entitled to no�ice
of,�and ta vote at, a members' meeting or to_
�' . take such action by written ballot. If such
list is prepared, it shall be available for
inspection .to the extent and in the manner
� , �provided in.the Colorado Nonprofit Corporation
Act, as amended.
{4) Actions requiring member approval may be taken
withaut a• n3eeting, or by written bal�ot as
provided under the bylaws of the corpara�ion,
and, if no such prov:.szori is made by the
byl•aws, under the Colorada Nonprbfit
Corpora�ion Act, as ainended.
G. Q�orum. Mezubers may, take action or_ . a matter at a
�eetinq onJ,y if a quorum of inembers�enti�led to vote an that matter
a.s present at the mze`inq in person or by proxy. Fifteen percent
(1�5� ) of the votes entitled to be cast on the matter by the voti.ng
group const7tutes a quorum a� the voting group entitlea to vo te for
action on tnat znatter. � � �
ARTIC7�E VZ
Directors and Officers
A, Board of Direc�ors. The control and management of
tha •business and affairs of the corporation shalZ be vested in tne�
3oard o� Directors. 2he number of directors to�sit in the Board,
the term �o be served, the pxocess,for fiZing vacancies before the
end of term, a�d the Board's meeting, voting and notice procedures
sha�l �e specified in tn� bylaws of the corporation. The Board of
Da.rectors shall have sole cbntrol over the adminis�ration and
management o� the ��a�er and water rights, augmentation plan and all
relatecl resotirces- of the corporation.
�. Meetings of.the Board of Directors. � The Baard vf
Directors may hoid regular or special meetinqs in the manne r- and
upon the notice requirern.ents set forth ir� the byiaws or, if no such
recruireme::ts are set fortYi in the byiaws, as provided in the
Colorado Nonprofit Corporation Ac�, a.s amended.
,
C. O�ficers The officers shall be a President, a
Vice-President, a Secretary, a Treasurer, and such other of ficers
as may be designaLed by the Baard of Directors, each of whom shall
be a�ali�iecl and elected �.n such a manner and - for such a t��rm as
provided in the byl.aws o.f the corporation. The duties o� eac��
offzcer shall. be speca.fied in the bylaws of ihe corpora�ion. .
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