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Section 3.10. Indemnification of Directors and Officers. To the maximum extent permitted by the Colorado Governmental Immunity Act (C.R.S. 24-10-101, et seq.), the Directors, Officers and employees of the Authority ("public employees") shall be indemnified by the Authority for claims against them arising from an act or omission of such public employee occurring during the performance of the public employee's duties and within the scope of the public employee's employment, except where such act or omission is willful and wanton. The Authority may purchase error and omissions insurance to provide additional indemnification to a11 public employees of the Authority. IV. FINANCING PROVISIONS Section 4.1. Fiscal Year and Budget. The fiscal year of the Authority sha11 be the calendar year. Each year, after the first yeaz of the Authority's existence, the Authority sha11 adopt a budget in accordance with the Colorado Loca1 Government Budget Law ("Budget Law"), C.R.S. § 29-1-101, et seq. Section 4.2. Funding. The operations of the Authority sha11 be funded by revenue from the operation of the Water System, revenue bonds, grants, contributions and any other legal sources of revenue. Members sha11 not be reguired to make any financial contribution to the Authority; but may make contributions or loans to the Authority only if such contribution or loan does not effect the enterprise status of the Authority. Section 4.3. Rates and Fees. Authority rates and fees sha11 be established based on the following principles: a. There shall be two (2) customer classes: Retail Customers and Wholesale Customers . b. Within the Retail Customer class, an individual end-user may be classified as either residential or commercial, each with different rates. Within the Wholesale Customer class, Wholesale Customers may have different rates. c. A Wholesale Customer is a customer that: (i) serves over twenty (20) end-users; (ii) owns and maintains its own storage facilities and distribution lines to end-users within its boundaries; (iii) receives treated water from the Authority at one or more master meters and is �