C150236 feas study

• Contract/PO #: C150236
• Contractor Name: Lazy O Ranch Homeowners' Association
• Contract Type: Loan
• Water District: 38
• County: Pitkin
• Loan Projects - Doc Type: Feasibility Study

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ARTICLES OF INCORPORATION
OF
LAZY 0 RANCH �OMEOWNERS' ASSOCIATION
KNOW ALL MEN BY THES£ PRES£NTS, that JAMES OTIS, JR.,
acting as Incorporator of a non-profit corporation under the ,
Colorado Non-Profit Corporation Act, signs and acknowledges
the following Articles of Incorporation for such '
corporation:
ARTICLE I
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m Name
T� name of the corporation shall be:
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o LAZY O RANCH HOMEOWNERS' ASSOCIATION,
a non-profit Colorado corporation
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• ARTICLE II
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Duration
The period of duration of the corporation shall be
perpetual.
ARTICLE IIz
Purposes and Pow°ers
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A. Purpose. This corporation is organized for the
following purposes.
1. To enforce the Prctective Covenants for the
Lazy O Ranch P.U.D., Pitkin County, Colorado, as such may be
recorded in tr.e records of the Clerk ar.d Recorder of Pitkin
County, Colorado (hereir.after °the Protective Covenan�s")
and to be the Homeowners' Association as mav be des_crib�d in
the Protective Covenants. r
2. To protect and maintain the area known as the
Lazy O Ranch situated ir. P?tkin County, and the State os
Colorado (hereinafter "the Lazy 0 Ranch"), as more
particularly described on the recor�ed plat of the Lazy O
Rar.ch P. U. D. , recorded in Plat Book °� at Page���of the
records of the Clerk and Recorder of Pitkin Cou�nty,
Colorado.
3. To operate the central water system for the
Lazy O Ranch owned by the Association; to collect charges
and assessments for water service in the Lazy O Rar.ch;.to
enforce restrictions on outc3oor wat.er use within the Lazy O
Ranch; to operate the augmen�tation plan for the Lazy 0
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T.a�v n Art-_ Inc_ 4/13/87