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<br />\ <br /> <br />, <br />I <br />I <br />I <br /> <br />.~ <br /> <br />\ <br /> <br />.l\>t'\O."'~ <br /> <br />EXHIBITJ':.'!A. ~O <br />ORDINANCE NO. .24, ,:,SERIES 1995 <br /> <br />......~~, <br /> <br />- <br /> <br />.AGREEMENT AND PLAN FOR DISSOLUTION <br /> <br />This Agreement and plan For Dissolution ("Agreement") .is made <br />and entered into this 81'1-\ ,.. day of AI/&V$7 ,1995, by and <br />between the BLUE RIVER WATER DISTRICT, a quasi-municipal <br />corporation and political subdivision of the State of Colorado <br />('District") and the TOWN OF BRECKENRIDGE, a home-rule municipal <br />corporation organized and existing pursuant to Article XX of the <br />Colorado Constitution ('Town'). <br /> <br />RECITALS <br /> <br />WHEREAS , <br />provisions of <br />service within <br /> <br />the District was organized <br />Article 1, Title 32, C.R.S., <br />the jurisdictional bOundaries of <br /> <br />pursuant to the <br />to provide water <br />the District; and <br /> <br />WHEREAS, the Town is a municipal corporation organized and <br />existing pursuant. to Article XX of the colorado Constitution and <br />is empowered by. law to acquire water treatment facilities so as to <br />provide municipal water service to its inhabitants; and <br /> <br />WHEREAS, the District's corporate boundaries include property <br />located both within and outside of the corporate boundaries of the <br />TOwn; and <br /> <br />WHEREAS, the Town is now operating a municipal water system <br />and believes that consolidation of the water functions of the Town <br />with those cu=ently being provided by the District would assist <br />in the avoidance of duplicative legal, accounting, auditing, <br />insurance, telephone and other costs; and . <br /> <br />WHEREAS, the District is willing to convey all of its <br />interests in and to all of its real and personal property and cash <br />reserves used in the provision of water service to the Town to be <br />used to continue the District's operations; and <br />f <br />WHEREAS, the Town is willing to acquire and receive all of <br />said real and personal property and cash reserves currently owned <br />by the District and to assume and continue the provision of water <br />service to the inhabitants of the District; and <br /> <br />WHEREAS, the Town is willing to assume all contractual <br />obligations and rights of the District relating to the provision <br />of water service; and <br /> <br />WHEREAS, the Town is willing to assume the provision of water <br />service to the inhabitants of the District, which Town-provided <br /> <br />t. <br />1;- <br /> <br />I <br /> <br />." ;"~;.:/' /1-- <br /> <br /> <br />" ".C, .~ ", ;':." . <br />. - -;,," :--': -.~";, .~ <br />.,....,-.... <br />.: :...,::~r5~;~/.i::. <br />. - ....' :. .' ~ .,. <br />'. ..:,i.;'>:'>'~ <br /> <br />, .~, <br /> <br />. " ~ . ',' <br />.."......:., <br /> <br />:.-...:.,. <br /> <br />: .. <br /> <br />" ..". <br /> <br />.. 0"" <br /> <br />..' <br /> <br />',.;:iff ATTACHMENT 1 <br />":, "'''S"., <br /> <br />.,-;"...<:':...... <br />