C150052 Feasibility Study

• Contract/PO #: C150052
• Contractor Name: Tunnel Water Company, The
• Contract Type: Loan
• Water District: 3
• County: Larimer
• Bill Number: EIA
• Loan Projects - Doc Type: Feasability Study

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TUNNEL WATER COMPANY, INC.
NOTES TO FINANCIAL STATEMENTS
(continued)
November 30, 1999 and 1998

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3.

Income Taxes

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Tunnel Water Company, Inc. is incorporated
of Colorado as a tax exempt organization.
federal income taxes under code section
provision for income taxes is provided in
statements.

under the laws of the State
The Company is exempt from
sOllc) (5) . Therefore, no
the accompanying financial

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