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C153739 Feasibility Study
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C153739 Feasibility Study
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Last modified
7/13/2010 10:23:03 AM
Creation date
10/5/2006 11:49:11 PM
Metadata
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Loan Projects
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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<br />.1.U/~~/~;) <br /> <br />;~~N;~t;:> . <br /> <br />..,.--:;;;-.,:..., <br />. '." ....,_. -. <br /> <br />'.. .' <br /> <br />.', ..-' .;. <br /> <br />.::" <~ . <br /> <br />- <br /> <br />.;.. <br /> <br />.'. - - . <br />- ----.'- - ~ <br /> <br />...- ~.. " <br /> <br />q'3;;:?':;,'TCi6orro.w inoney for the use of said Corporation and to issue securities <br />therefoie'iirid to 'pledge, mortgage, hypothecate; and otherwise dispose of the real, .. <br />persorial"an'c:I intangible property of the Corporation as security therefore. <br />, . , . '.~.. .;::_~'. ." . .. . ' . . <br />" .... '. <br /> <br />. 4;.;~: 1-6 hav~ power to establish s~edulesfor the delivery of water and to -: <br />'levy asse~~ments upon its members, arid to collect such water charges arid . <br />: assessmeri~sfroin itS members. 11'1 the event of delinquenqy in the payment of such ..' <br />.' watercli'arges and assessments; the Corporation shall have the power to enforce the . . <br />'. collectiorithereof by either or any combination of the following remedies, upon giving <br />. notice to~the.delinqiJent. inember in the manner provided in the By-Laws as the same <br />~re in forc;eand"effect at the time such delinquency occurs. . <br /> <br />.'. .... . '. a.'. . By... legal action for collection of debt brought against the <br />'delinquent member in a court of competent jurisdiction. <br /> <br />b. By foreclosure and sale of the delinquent membership. <br /> <br />c. By withholding the delivery of water of the delinquent.member. <br /> <br />. . <br />d. . By the filing of a lien and foreClosure of the same on the property <br />.of the delinquent member. <br /> <br />. q. e.. By legal action against a member or non-member for illegally <br />.;...rithdrawing water, for vandalism or such other offense against the Corporation as the <br />Board shall determine; . <br /> <br />5. To exercise any and all powers incidental to or conducive to the aforesaid <br />objects or any of them; . <br /> <br />ARTICl F FOUB <br /> <br />The address of the initial registered office of the Corporation is 7256 Harold. <br />Street, Fort Lupton, Colora.do 80621. The name of the initial registered agent Richard <br />K. (Chief) Sittingdown. . . <br /> <br />. <br /> <br />ARTICLE FrVE <br /> <br />. INlTlAL BOARD OF DIREc:TORS <br /> <br />The Board of Directors shall establish a minimum ~atercharge and a schedule <br />. ofcharg~s for water uses in. excess of the minimum as ":leasured by meters placed' in . <br />the'service1iries supplying~ach member. The established minimum wa~erchargeshaIl <br />apply to 'each service' connection. Annually the Board of Directors shall review the <br />established rates, and based upon the consideration of expenses of operation and <br /> <br />.~- <br /> <br />f:\Jdm\alWp\artldes <br /> <br />'2 <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />
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