CT2019-2250 Contract

• Contract/PO #: CT2019-2250
• Contractor Name: Roxborough Water and Sanitation District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

following the adoption of this Resolution, an appropriate filing will be made under Section 11-
59-110(2), C.R.S., in order to make such exemption applicable; and
WHEREAS, there has been made available to the Board the form of the Loan Contract
and the Note; and
WHEREAS, as provided in the Enabling Laws, which include but are not limited to
Title 11, Article 57, Part 2, C.R.S., by this Resolution the District authorizes the execution of the
Loan Contract and the Note, and delegates to the President of the District, for a period not to
exceed one year, the authority approve certain financial terms relating to the Note;
THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
ROXBOROUGH WATER AND SANITATION DISTRICT, DOUGLAS AND JEFFERSON
COUNTIES, COLORADO:
Section 1. Definitions. As used herein, the following capitalized terms shall have
the respective meanings set forth below,unless the context indicates otherwise.
"Board"means the Board of Directors of the District, acting as the governing body of the
Enterprise.
"C.R.S." means the Colorado Revised Statutes, as amended and supplemented as of the
date hereof.
"CWCB" means the State of Colorado Department of Natural Resources, Colorado
Water Conservation Board.
"District"means the Roxborough Water and Sanitation District, acting by and through its
Water Activity Enterprise.
"Enabling Laws" means Part 2, Article 57 of Title 11, Colorado Revised Statutes, as
amended; Part 4, Article 35 of Title 31, Colorado Revised Statutes, as amended; Article 1 of
Title 32, Colorado Revised Statutes, as amended; Part 1, Article 45.1 of Title 37, Colorado
Revised Statutes, as amended; and all other laws of the State thereunto enabling.
"Enterprise" means the Water Activity Enterprise, as formally established by resolution
of Roxborough Water and Sanitation District on December 6, 1994.
"Financing Documents"means the Loan Contract and the Note.
"Future Parity Obligations"means one or more series of additional bonds, notes, interim
securities or other obligations issued by the District having a lien on the Pledged Revenues
which is on a parity with the lien of the Note.
"Loan Contract" means the contract generally identified as Loan Contract Number
CT2019-2250 between the District and CWCB pursuant to which CWCB is to loan the District
moneys from the CWCB's Construction Fund, as authorized pursuant to Section 37-60-
122(1)(b), C.R.S.
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