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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />4. Well test requirements for members <br />a. Members may submit copies of well test results completed by an authorized <br />and approved tester. Such test results shall be dated no more than two years <br />prior to application date. If no test has been completed on the well(s), AGUA <br />will provide a well test at a cost (to the member) determined by the Board of <br />Directors. <br />b. All wells accepted for membership in AGUA will be re-tested at least once <br />every four years. <br /> <br />ARTICLE III <br />MEMBERSHIP MEETINGS <br /> <br />1. ANNUAL MEETINGS: The Annual meeting of AGUA shall be held during the <br />month of March at a place and time determined by the Board of Directors. Written notice of <br />each annual meeting shall be given by mailing a copy of such notice to each member, to the <br />address recorded in the membership records, postage prepaid, at least 30 days prior to the date <br />of the meeting. <br /> <br />2. SPECIAL MEETINGS: Special meetings may be called at any time by the <br />president, or by a majority of the directors. The President, or in his absence, the Vice President, <br />shall call a special meeting upon the written petition of one third of the members. Notice of the <br />special meetings shall specify the business to be transacted at the meeting, and shall be given as <br />provided in Section I of this Article III. <br /> <br />3. QUORUM: One third of the total membership of AGUA, present either in person <br />or by proxy, shall constitute a quorum for the transaction of business at any annual or special <br />meeting. If such a quorum is not present, the meeting may be adjourned from time to time by <br />a majority of those present, provided that such meeting may not be adjourned for a period to <br />exceed sixty days for anyone adjournment. <br /> <br />ARTICLE IV <br />DIRECTORS <br /> <br />I. BOARD OF DIRECTORS: The business and affairs of AGUA shall be under the <br />management and control of a board of directors. The board of directors shall consist of at least <br />five (5) directors. Each director shall be a member of AGUA. <br /> <br />2. ELECTION AND TERM OF DIRECTORS: Directors of AGUA shall be elected <br />at the Annual meeting by the membership present at said meeting for a term of two years. No <br />member shall be qualified to serve continuously as a director for more than three consecutive <br />terms. <br /> <br />2 <br />