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<br />" <br /> <br />. <br /> <br />. <br /> <br />" <br /> <br />CHAPTER II <br /> <br />THE GRAND HESA \-lATER CONSERVANCY DISTRICT <br /> <br />A. HISTORY OF ORGANIZATION <br /> <br />B. LAWS UNDER WHICH ORGANIZED <br /> <br />If organization is a corporation existing under general state <br /> <br />laws, certified copies of its articles of incorporation and bylaws <br /> <br />should be sent to the Director of the Colorado Water Conservation <br /> <br />Board, but need not be included in the report. <br /> <br />c. POWERS AND AUTHORITIES OF ORGANIZATION <br /> <br />Particularly regarding the following: <br /> <br />1.) Right to eminent domain. <br /> <br />2;) Taxing or assessing authority. <br /> <br />3.). Authority to enter into contractual arrangements with <br /> <br />the Colorado Water Conservation Board. <br /> <br />4.) Authority to vest title to the project or a portion <br /> <br />thereof in the Colorado Water Conservation Board. <br /> <br />D. FINANCIAL STATUS <br /> <br />'~l <br /> <br />Incorporate balance sheet and statement of income and expen- <br /> <br />ditures for two most recent years of operation. The iull audit <br /> <br />. <br /> <br />,report' for the latest year should be included as an appendix to <br />the feasibility report. <br /> <br />E. PHYSICAL ASSETS <br /> <br />Describe existing facilities and their condition and major <br /> <br />maintenance equipment owned by organization, including age and <br />condition. <br />