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C150359 Attorny Opinion Letter
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C150359 Attorny Opinion Letter
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Last modified
6/17/2015 12:01:25 PM
Creation date
12/13/2013 10:59:39 AM
Metadata
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Template:
Loan Projects
Contract/PO #
CT2015-054
C150359
Contractor Name
Fowler, Town of
Contract Type
Loan
Water District
17
County
Otero
Loan Projects - Doc Type
Contract Documents
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1. Contract No.C 150359,Promissory Note and Security Agreement were duly executed by the <br /> mayor of the Town of Fowler as authorized by the Town of Fowler Board of Trustees and that the <br /> documents bind the Water Activity Enterprise of the Town of Fowler. <br /> 2. Ordinance Number 688-13 titled AN ORDINANCE ESTABLISHING THE TOWN OF <br /> FOWLER WATER ACTIVITY ENTERPRISE PURSUANT TO C.R.S. §37-34.1-101 ET. SEQ. <br /> was duly adopted by the town of Fowler Board of Trustees. <br /> 3. Resolution WAE 001-13 titled A RESOLUTION OF THE TOWN OF FOWLER BOARD OF <br /> TRUSTEES ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE <br /> AUTHORIZING A LOAN TO CONSTRUCT A RAW WATER LINE FOR <br /> AUGMENTATION AND PLEDGING WATER ACTIVITY ENTERPRISE REVENUES were <br /> duly adopted by the town of Fowler Board of Trustees sitting as the governing body of the town <br /> of Fowler Water Activity Enterprise. <br /> 4. There are no provisions in the Colorado Constitution or any other state or local law that prevent <br /> this Contract from binding the town of Fowler Water Activity Enterprise. <br /> 5. Contract No. C 150359 will be valid and binding against the town of Fowler Water Activity <br /> Enterprise if entered into by the Colorado Water Conservation Board. <br /> This opinion is for the use of the Town of Fowler,Colorado and Colorado Water Conservation Board <br /> as requested by the Town of Fowler, Colorado. <br /> Yours, <br /> _ 2 / <br /> Daniel R. Hyatt,Esq. <br />
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