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C150392 Feasibility Study
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C150392 Feasibility Study
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Last modified
2/16/2016 9:49:18 AM
Creation date
5/27/2014 3:22:14 PM
Metadata
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Loan Projects
Contract/PO #
C150392
Contractor Name
Sylvan Dale Ranch, LLC
Contract Type
Loan
Loan Projects - Doc Type
Feasibility Study
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the collective ownership,operation and administration of the assets contributed hereto under <br /> the particular terms and conditions,and subject to the provisions set forth in this Agreement. <br /> F. The Partners acknowledge and agree that the Partnership will register as a <br /> limited liability limited partnership under the name, Sylvan Dale Ranch, LLLP, pursuant <br /> to pertinent provisions of Colorado law, and wish to authorize such action as well as filing <br /> such instruments as are necessary to effectuate such registration. <br /> NOW, THEREFORE, the Partners hereby make and declare this Limited Partnership <br /> Agreement to reflect and effectuate the foregoing,and to cause the affairs of the limited partnership <br /> formed hereby(the"Partnership")and the relationship of the Partners to the Partnership and to each <br /> other to be governed by the Colorado Uniform Limited Partnership Act of 1981, as amended, and <br /> the terms and provisions of this Agreement as follows: <br /> 1. The Limited Partnership. <br /> 1.1 Formation. The Partners hereby agree to continue the Existing Partnership as a <br /> limited partnership pursuant to the Colorado Limited Partnership Act of 1981, as amended, (the <br /> "Act")and CRS 7-62-1104 of the Act,in any case not provided for in the Act the partnership elects <br /> to be governed by the Colorado Uniform Partnership Act of 1997. <br /> 1.2 Certificate of Limited Partnership. A Certificate of Limited Partnership or an <br /> amendment to the Existing Partnership Certificate shall be filed for record in the office of the <br /> Secretary of State of the State of Colorado(the "Certificate")as may be required by applicable law. <br /> The Partners shall execute such further documents(including amendments to the certificate)and take <br /> such further action as shall be appropriate to comply with the requirements of law for the operation <br /> of the Partnership in all jurisdictions where the Partnership may elect to do business. <br /> 1.3 Registration of Limited Partnership. A Registration Statement shall be filed for <br /> record in the office of the Secretary of State of the State of Colorado acknowledging the registration <br /> of the Partnership as a limited liability limited partnership under the laws of the State of Colorado. <br /> The parties shall execute such further documents(including amendments to the certificate)and take <br /> such further action as shall be appropriate to comply with the requirements of law for the registration <br /> and operation of the Partnership in all jurisdictions where the Partnership may elect to do business <br /> as a limited liability limited partnership. <br /> 1.4 Name. The name of the Partnership shall be Sylvan Dale Ranch,LLLP,a Colorado <br /> limited liability limited partnership, and all business of the Partnership shall be conducted in such <br /> name. <br /> 1.5 Purpose. The purpose of the Partnership shall be(i)to acquire, improve,own,lease, <br /> operate, hold for investment and sell or otherwise dispose of investments of any kind of nature, <br /> including, but not limited to,real and personal property including, without limitation, the Property <br /> 462364.9 1/2/02 2 <br />
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