Laserfiche WebLink
• A meeting of the Loloff Lateral Ditch Company was held at the home of J.D.' <br /> Eckhardt on March 8, 1993. The meeting was called to order by the president, <br /> J.D. Eckhardt, at 7:10 p.m. <br /> Robert 'uden, Jack Hendricks, Ed Loloff, Mary Chestnut, and J.D. Eckhardt were <br /> present Lester Stroh was absent. <br /> Old Bus ness: <br /> 1. M nutes of the 1992 annual meeting of the Lolo a Co pany <br /> were read and approved. <br /> 2. T' easurer's Report: All bills have been T is a balan. of <br /> $ .,346.83 on hand. <br /> 3. R-placing Tile Line: It was reported that the ASCS has R .72 500, <br /> w ich is one-half the estimated cost of the project. The •••t- is <br /> estimated at $145,000. The grant can be up to but no more than 14 ,000 <br /> p-r shareholder. The Colorado Water Conservancy Board has allo.ated <br /> $i!l,500 for the project, at 5% interest for 40 years. We are now ready to <br /> p' oceed with the loan contract. The ASCS office will do a inal <br /> eigineering report. When that is done the project can be put ou' for <br /> b':ds. <br /> New BusCness: <br /> 1. II was discussed whether to tile from the end of the old line east o Ed <br /> Loloff and Lester Stroh's tile line at the same time we replace th old <br /> 1!;ne. It was moved by Ed Loloff and seconded by Mary Chestnut th. t we <br /> t: ole this matter. Motion carried. <br /> 2. lection of Board Members: It was moved by Mary Chestnut and second-d by <br /> DI* Loloff to elect J.D. (James D.) Eckhardt as President, Lester Stroh as <br /> irst Vice-President, and Mary Chestnut as Second Vice-President. Motion <br /> tried. <br /> 3. was moved by Mary Chestnut and seconded by Ed Loloff to authoriz the <br /> esident, J.D. (James D. ) Eckhardt to proceed with loan application <br /> equirements and to enter into the loan contract with the Colorado ater <br /> •onservancy Board. Motion carried. <br /> 4. �r. Eugene Frisk has relinquished his Stock Certificates in the amo t of <br /> .'wo shares in the Loloff Lateral Ditch Company to the Loloff Lateral 'itch <br /> •ompany. <br /> 5. it was moved by Ed Loloff and seconded by Robert Suden to kee' the <br /> .ssessments at $75.00 per share for the 1993 season. Motion carri=.• . <br /> As these was no further business to come before the Board, it was moved b Mary <br /> Chestn t and seconded by Jack Hendricks to adjourn the meeting. Motion ca tied. <br /> Respecufully submitted, <br /> Fred C Herbst, Secretary <br /> The ab.ve is a true and accurate copy of the minutes of the Loloff Lateral Ditch <br /> Compan . The meeting was held on March 8, 1993. <br /> Fred C Herbst, Secretary <br /> t 1 <br /> ` -/L ' <br />