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I I I I I I I I I I I I I I I I I I I Reservoir. Bauer No. 2 Reservoir is also known as Bauer Lake Reservoir. It is the larger of the t~/O reservoirs and lies about 2 miles due South of Bauer No.1. The Water Company acquired the two reservoirs, two filler ditches and headings, all rights-of-way, and water rights. The water rights are listed in section 5.d. b. Laws under which organized. The general state laws under which the Bauer Lakes Water Company was organized have been ammended many times since March of 1924, but the Company is s till i n cor p 0 rat e dun d e r , and i n c 0 I!l P 1 i a n c e wit h', a 11 applicable state laws. A certified copy of it's articles of incorporation and by-laws is being sent with, but not a part of, this report. c. Powers and authorities of organization. The Company enjoys the right to eminent domain as a non-profit water carrier under the appropriate State laws. It's assessing authority is quite specifically spelled out in the Arti~les of Incorporation, together with it's power of disposition of shares taken for non-payment of assessments, in the bylaws. Article 3.2 specifically vests in the directors the authority and control of "the property, funds and affairs of the company, and the management thereof". d. Financial status. A financial balance sheet and statement of income and expenditures for calendar years 1982 and 1983 is included in the appendix. e. Physical assets. The physical assets have already been listed, 1.e., the reservoirs and ditches. The company does not own any major maintenance equipment, but rents local owner-operated equipment when the occasion demands. 4. Chapter lllL Land. a. Land classification. All lands to be irrigated with project water are presently being irrigated, and while not mandetory for this report, a Soils Map is included in the Map Section and the 6 Soils Complex mapping unit descriptions are found in the Appendix. This information was obtained from the Cortez Work Unit of the Soil Conservation Service, more particularly from Dalton Montgomery, the W.U.C., and Allan Price, head of the Soil Survey Section. The land capability classification is Class 4 for the large majority of the irrigated lands, with a small percentage being classed as 5, due to wetness, shallow soil or some other classification factor. Only areas of 15 acres or larger are shown on the Soils Map as Class 5, but the best estimates for the entire project area are that approximately 10% of the irrigated lands are Class 5, with the balance classified as Class 4, and a very tiny percentage as Class 3. 2