C153739 Feasibility Study

• Contract/PO #: C153739
• Contractor Name: Aristocrat Ranchettes Water Project, Inc.
• Contract Type: Loan
• Water District: 2
• County: Weld
• Bill Number: SB 96-153
• Loan Projects - Doc Type: Feasibility Study

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IIRTICLE Sf:VEH
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~h.r. .~all b. no capital .tock i..u.d bt the corpurstlQn.
and .e.ber.hip In the c~~por.tlon .hall b. li.lt.d to p.r~~n..
corporatlona. or ~~dl.. politic ownln9. contloll1n9 or occ~pyin9
land .ituate within the .r.a ..rved by the v.t.r .y.t~. uf the
corpor.tlo~ and r...onably .cc....bl. th.r.~o. Appllc.nt. '~r
...ber.hlp .u.t b. .pprov.d snd psy..nt of the ....b.rsftl~ f.~ .R
ft..d In the .Y~La... .h.ll ~e .ntttl.d or b. ad.ttt.d to ~..-
.er.hlp If the c.pacitv ot the corpor.tton'. .y.t.. or .~urc. of
wat~r .uPPly i. requi; ~d to ..et the n..d. of eal.tin, ...ber.

AIl'frCn .fGIlT

1. lach .e.ber, upon pay.ent of the ...ber.hip fee. .hall b.
.ntitled to h.ye on. eonn.ctl~n end .eter ..rvlc. ..ter l".t~ll.d
at . polnc which ..y conv.niently b. t.pped for th. .upplt of
.at.r to the pr.mi... occupi.d by hi. .hd upon pa1~.nt at
recurrin9 wac.r char,e. ~nd 8180 ........nte..h.ll be .ntitled
co a aupply of ..t.r a. s~ell.bl. by th. .yet... of the
corp~r.clon.

2. Any per.on d..1r1ng ~ot. t~an 011. .eryle. connection
I~all ,e requir.d to .pply fot .nd ..cur. a ...b.r.hip .nd to pay
a ..p.rat. ..ab.r.blp t.. for .sch .ervlc. conn.ction .utborL.ed
by the corporation. Mo,~ t~.n on. bou..hold per ..rvice conn.c-
tlon Gb~11 not b. .ll~..d.

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'2';.er. .lla~ 1 tl. .11 4n".la1 ...tllll of tb. ...b.r. of tb. cor-
por'ci~n to be ~eld ~t .~eh tl.. 4/1d pl.c. .. .at b. pro~ided by
cll. J,- t..w.. P:sch .":.i...~ ':1": '. b. .nU cl.d to only on. .ot.
irre.pecti..~: t.o nu.b.r ~f .~.b.r.blp. h.ld and the nu.~.r of
..r.ic. c:onnoC"til.l..' uUluod b~. .ach ...tI.r. Cuaulati"e voting
.b.ll ,,~t b. p~r.ltt.4.

Alt~fCr.1 'fIR

'b. control .nd :.n.g...nt of the .ff.lt. of tbe corpor.tion
a"d dl.p~ltlon of it. fund. and propertr .hall be v..t.d in ,
Bo.rd of Director. .n4 Incorpor.tor. of not 1... than fl.. .nd
.or. ch.n nln.. a. o.c.r.in.d rr~~ c'.. to tl.e bt Cbe ',~~,w.,
.n. the followln9 i,,41.1du.l. II.. 1t.'-C1 . hoted to 'ct In 'uch
c.,.city.nd to a.na,. the .ff.ir. I~d ~O-'.'II' of ..ld cor-
poracion fot the fir.t nlnty (90) ~,'Y' ~l ll4 ..i.tenc. or until
tb.ir ,"ce...or. at. d.ctecl a/ld 'Ie..!. rt....,

HIKC/SOWARD4

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