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CT2015-174 Feasibiilty Study Appendix A
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CT2015-174 Feasibiilty Study Appendix A
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Last modified
2/15/2018 2:14:19 PM
Creation date
2/15/2018 2:13:59 PM
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Loan Projects
Contract/PO #
CT2015-174
Contractor Name
Uncompahgre Valley Water Users Association
Contract Type
Loan
Loan Projects - Doc Type
Feasibility Study
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of two-thirds of the'shares to be so specially benefitted thereby. <br /> SECTIO'! 6.-- Assessments shall become, fro': time to time as they <br /> /'n A are made and levied, and, until they are Paid or otherwise disc]uir- <br /> 3j1‘1 gee,<shall be and remain a lien onthe lands of the shareholder a- <br /> Q <br /> gainat which they are levied, and upon the sharer, of stock ay;nurte- <br /> nant to said lands, and all rite and interento represented by such <br /> shares. The manner of fixing the lien and enforcing the sane, shall <br /> be prescribed in the by-lace; however, no lien shall attach to the <br /> lands until the nnvort;:ent is ready to furnish wat,r therefor. <br /> SECTION 7.-- Except for the ordinary orerrition, nai.tena,,ce, <br /> and repair. no work shall he tmdertaken, purchaar Marla or indebted- <br /> ness incurred or he`authorised during any one year 'hereof the soot <br /> or amount thereof shall exceed Twenty-five: ,-a:.,ri Dollars <br /> ($25,OGC) until it shall have first been ratified by at least two- <br /> thirds of the votes cast at special meeting of the stockholders for • <br /> that purpose. Special meetings of the stockholders may be called and . <br /> held for such purpose under such by-laws as the Directors may pre- <br /> scribe, not inconsistent with these Articles. • <br /> ARTIl11 XIV <br /> Nothing in there Articles of Incorporation, or in the fact of <br /> becoming a member of t'.is'Asnooiation, shall be con- <br /> ' -24_ <br /> 45 <br />
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