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C153735 contract docs
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Last modified
7/6/2010 8:38:47 AM
Creation date
7/2/2010 1:14:20 PM
Metadata
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Loan Projects
Contract/PO #
C153735
Contractor Name
South Platte Lower River Group
Contract Type
Grant
Loan Projects - Doc Type
Contract Documents
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. • <br />ARTICLES OF INCORPORATION <br />OF <br />SOIITH PLATTg LOWBR RIVSR GROIIP. INC. <br />(A Nonprofit Corporation) <br />The undersigned adult natural persons, acting as incorporators, hereby <br />establish a nonprofit corporation pursant to the Colorado Nonprofit Corporation <br />Act and adopt the following articles of incorporation: <br />ARTICLB I <br />� Name <br />• The name of this corporation shall be SOIITH PLATTE LOWER RIVER GROIIP, INC. <br />ARTICL$ II <br />Duration <br />The coxporation shall have perpetual existence. <br />ARTICL$ III <br />Purnose and Powers <br />3-(a) (1) This corporation is organized for the purpo�ea of studying, <br />demonstrating, and develaping the opportunities, locations, methods, criteria, <br />and other pertinent facts for diverting, storing, and using water in the lower <br />South Platte River basin in Colorado for recharge, augmentation, and other <br />purposes that are available to Colorado water users under the provisions of the <br />South Platte River Compact. Opportunities developed pursuant to this process <br />are needed to protect and enhance the quantity and quality of water for current <br />uses and to meet new needs including, but not limited to, additional water <br />supplies, improved streamflows, and water related habitat for wildlife. <br />(2) This corporation will manage available funds to accomplish the <br />above puzposes. Source of funding will include grants from State and local <br />goverunnents, contributions from participants, and other donations that may be <br />available. <br />3-(b) In the furtherance of the above purposes, the corporation shall have <br />and may exercise all of the rights, powers, and privileges now or hereafter <br />conferred upon nonprofit cozporations organized under the State of Colorado. <br />3-(c) In addition to any other restrictions provided by Colorado laws for <br />nonprofit corporations, the following provisions shall apply to the operations <br />of the SOUTH PLATTB LOWRR RIVER GROIIP, INC.: <br />(i) No part of the net earnings of this corporation shall inure to <br />the benefit of or be distributed to any director or officer of the corporation, <br />or any other individual (except that reasonable coanpensation may be paid for <br />services rendered to or for the benefit of the corporation affecting its <br />purposes). <br />(2) No substantial part of the activities of this corporation shall <br />consist of the carrying on of propaganda, or otherwise attempting to influence <br />legislation, and this corporation shall not participate in, or intervene in, any <br />political campaign on behalf of any candidate for public office. <br />1 <br />EXHIBIT A <br />
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