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.� <br />�J <br />� <br />� <br />' <br />' <br />' <br />� <br />l_ J <br />' <br />' <br />� <br />, <br />� <br />� <br />, <br />� <br />� <br />' <br />' <br />�a� <br />(e) <br />�fl <br />beneficial purposes; to protect all water rights, filings on water rights, other <br />water supplies, for the interests of AGUA, through any and all legal or other <br />proceedings including, but not limited to opposing other water rights <br />applications. <br />Acquire, develop and operate a permanent water supply, including but not <br />limited to, a supply provided or protected pursuant to a plan for <br />augmentation and/or a substitute supply plan; to dig, bore, drill, or <br />otherwise excavate wells and tunnels; to construct, acquire and operate <br />pumping plants, water storage, diversion and distribution systems, recharge <br />facilities; to acquire, construct, maintain and operate a system for the <br />diversion, supply, storage and disti of water to its members, or for <br />the benefit of its members, for beneficial purposes within the azea served by <br />AGUA. <br />Enter into all necessary contracts, to make any and all reports, to conduct or <br />participate in all necessary experiments, to compile data, to employ <br />personnel, including engineers, attorneys, and other consultants, and to do <br />each and every thing necessary or advisable to advance the purposes of <br />AGUA. <br />Rent, lease, own, exchange, construct, remodel, repair, purchase, hold, <br />mortgage, sell, transfer; trade, loan, and to otherwise have, use and dispose <br />of each and every item of personal or real properry which may be necessary <br />or desirable in the conduct of the affairs, or to achieve the purposas of <br />AGUA. <br />(g) Borrow money for the use of AGUA, to issue securities therefor, and to <br />pledge, mortgage, hypothecate, and otherwise dispose of the real, personal, <br />and intangible property of the AGUA as security therefor. <br />(h) Establish schedules of chazges and assessments necessary to offset all costs <br />of the Association and for the delivery of water, either directly to its <br />members or to other vested water rights for the benefit of its members, or <br />for the provision of water pursuant to a plan for augmenta.tion or substitute <br />supply plan, and to collect such water charges and assessments from it's <br />members. Such costs shall include all administrative and other costs <br />associated with such water supplies including, but not limited to, costs of <br />obtaining, maintaining, and defending or protecting such water supplies. <br />Such costs shall also include, but are not limited to, fees of engineers, <br />atto:neys, or other consultants, costs of lit;gation or other judicial or <br />administrative proceedings, and system development and maintenance <br />costs. <br />The foregoing clauses shall be construed both as objects and powers and shall not <br />be held to limit or restrict in any manner the general powers of AGUA, and the enjoyment <br />and exercise thereof, as conferred by the laws of the State of Colorado. <br />2. Powers: In furtherance of the foregoing purposes, AGUA shall have and may <br />exercise a11 of the ri,�hts, powers and privileges now or hereafter conferred upon <br />non-profit corporations organized under the laws of the State of Colorado. In <br />addition, it may do everything necessary, suitable or proper for the accompIishment <br />of any of its purposes. <br />2 <br />