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C150363 Feasibilty Study
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C150363 Feasibilty Study
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Last modified
12/3/2014 4:19:46 PM
Creation date
10/1/2013 2:25:07 PM
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Template:
Loan Projects
Contract/PO #
C150363
CT2015-001
Contractor Name
Petrocco Family Limited Partnership, LLLP
Contract Type
Loan
Water District
2, 3
County
Adams
Larimer
Loan Projects - Doc Type
Feasibility Study
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1.02 Purpose of Partnership. The purpose and character of the business of this <br />Partn rship is to acquire, hold, operate and maintain real estate, to provide centralized <br />man ement of the business of the Partners, to protect Partners from the risk of economic loss, <br />and do all other acts as may be reasonable and necessary to further the business of the <br />Partn rship. The Partnership may also engage in any activities that are related or incidental to <br />that Husiness. <br />1.03 Name of Partnership. The name of this Partnership shall be "Petrocco Family <br />Limiled Partnership, LLLP, a Colorado Limited Liability Partnership." The business of the <br />Part rship shall be conducted under that name. The name of the Partnership may be changed <br />by General Partner by giving written notice of the change to the Limited Partners and by <br />filinuf a certificate of amendment or restated certificate with the Secretary of State. <br />1.04 Term of Partnership. The term of the Partnership commenced on December 29, <br />1997 and shall continue until dissolved as provided in this Agreement. <br />1.05 Certificate of Limited Partnership. The General Partner has executed a <br />Certi icate of Limited Partnership on December 27, 1997 and caused it to be filed in the office of <br />the S acretary of State of Colorado on March 27, 1998, and further filed a registration statement <br />for r gistration as a Registered Limited Liability Limited Partnership on August 18, 1999. <br />Here -er, the General Partner shall execute and cause to be filed certificates of amendment of <br />the ertificate of Limited Partnership whenever required by the Uniform Limited Partnership <br />Act c r this Agreement. <br />1.06 Partnership Office; Agent. The designated office of the Partnership is 14110 <br />Brigl Lton Road, Brighton, Colorado 80601, or at any other place within Adams County, <br />Colo ado, as may be determined from time to time by the General Partner. If the General Partner <br />char Yes the office of the Parhiership, he must give written notice of the change of address to <br />each Limited Partner at least five (5) days before that change. The Partnership will continuously <br />maufam an office and registered agent for service of process in Colorado. The registered agent <br />is DAvid A. Petrocco, Sr. <br />1.07 Addresses of Partners. The addresses of the General Partner and the Limited <br />ers are as maintained in the records of the Partnership. <br />1.08 Admission of Additional General Partners. The General Partner may admit <br />ional general partners in his discretion consistent with the terms of this Agreement. Any <br />general partner admitted shall be included in the reference to General Partner. <br />1.09 Admission of Additional Limited Partners. The General Partner may admit <br />ial limited partners in his discretion consistent with the terms of this Agreement. <br />2 <br />
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