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<br />LAW OFFICES FAX NO. 3037229270
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<br />II FEB-2~-97 FRI 14:46
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<br />~ ARi.~C.AT RANCHS~~' VATS. '.03ICT~ INC,
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<br />'fb. - ~~c!it':-!9"'cI, ch1..n. of tII. Ullit.d Sut." 8nd ruld.llu
<br />ot Co:02aeto, II...ill' ...oclat.4 ollc..l.... 'foc tll. pllrpo.. of
<br />for.i"9 . body eorpor.ta anet POlitic, aot for tll. 811tllal ban.fit
<br />... a..iata"c. of Ita ...bar., lI11et.r tll. pr091.ioll. of tll.
<br />'Color.4o ,.ratioa IInd.r ~o"-Ptofit Corp,ratioll. Aot, Color.eto
<br />...l..d 't.tllt.. 119111 .'-20~10l .t .a~., lI.r.bl .eke, .1;11 and
<br />8callOwl.49. tlli. C.rtificat. !n wrltlll9. to wlt.
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<br />AIlTtC 1.1 ONlI
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<br />"AMI or CORPOlIATION
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<br />~ho IIa.. b, wblell tbl. cnrporsclon .h.ll b. _II0WII ..
<br />A.XS~OCRA~ RARCalT'lI .AT~. PRUJICT, X.C.
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<br />'1'11. p.riod of tbl. Corpor.tlon'. clllratlon .hel1 b. i.:P~tllal.
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<br />'1'~. obj.ct. Ind Furpo... of tbi. eorporatlon ar..
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<br />1)' '1'0 acqlllr., cOII.trllct, .allltaln, and op.rat. a .,It.. for
<br />tb. di".f.loll, .lIpply, .tor8,. and di.trfblltlon of ..tar ror tll.
<br />...b.t. of till. corporation for do...tlc purpo... .ltlll11 tll. .r.a
<br />a.rY"d b1 tb. corpofetlo11 In tll. COllnty of ..1d, Colorado. '
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<br />21 '1'0 .cqllir. b, .pproprl,tloft or otb.r.l.., aftd to 1....,
<br />..11 or dS'po,,, of water and .,t.r rl,ht. for d~...~ic pllrpo....
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<br />3J '1'0 bor~ow .o~., for tll. II'. of .aid corpor.tion and to
<br />i..u" ..c.rltl.. tb.r,'or. .nd to ,l.d,., .ort,.,., bypothecat..
<br />and otber.l.. di.po.. o( the t.a1, ,.r.onal end l11t,",lbl. ,ro-
<br />p.rtf'of eb. co~~or.tlon .. ..earltr tb.r.'or..
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