C153771 Feasibility Study

• Contract/PO #: C153771
• Contractor Name: Horse Creek Water Users Association
• Contract Type: Loan
• Water District: 17
• County: Crowley
• Bill Number: HCL
• Loan Projects - Doc Type: Feasibility Study

I
I
I

I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I

Sent by: NORM SUMMERS 7194782083

01/02/9710:48AM Job 116

wi I h . II... n.hl........ or and the number of memberships held by each.
'l'he '..".....1. (U1' a period of ten days before such meetinq, shall be
kE'l'l: "II (lie at the princip"l office of the corporation, whet.her
wHh' II o~ o\lt:aide colorado, and shall be BUbjoot to inspection by
any mE'lnbt'l' Cor any purpose germane to the llIeetinq at any time
durlnq \IR\lal business hours. Such record shall alao be produced
alld kept. ope II at the time and place of the meeting and shall be
sul> ject to !:he inspection of any member for any purpose germane to
the m",,,1 ing during the whole tille of the meeting. The original
sto,* l"AlIs(er books shall be prima facie evidence as to wno are
the Dlemhp.r's entitled to examine the record or transfer books or to
vol'" "I' ""y meeting of members.

l;el,;!;iQ!I_I. ouorum, A majority of the outstanding
memh..n<h iI''' or the corporation entitled to vote. represented in
pers<.'u "I by proxy. shall constitute a quorum at a meeting of
member", I r less than II quorum are represented at meeting, a
majority 0' the memberships lIO represent"d may adjourn the meeting
{rom tlmo to time without further notice for a period not to exceed
sixty days at anyone adjournment. At such adjourned meeting at
which a quol'um shall be present or represented, any business may be
transacted which might have been transacted at the meeting as
originAlly notified. The members present at a duly organized
meeting may continue to transact busineslI until adjournment,
notwl thsbm<l i I1g the wi thdrawal of enough members to leave less than
1\ qUOl'lIm.

;j!'i!l<.tJ.Q~. Proxies. At all meetings of. m..mbers, a
mE'Rlb",' ,;,"y vot.. by proxy executed in writing by the member or by
his duly authorized attorney in fact. Such proxy shall be filed
with the secretary of the corporation before or at the time of the
me..t luq, No proxy sha 11 be valid after eleven mOl'lths from the date
at its execution, unless otherwise provided in the proxy. Proxy
hol ders shal i be restr'leted to the same qualifications as required
of 1111 member" in the Articles of Incorporat.ion.

~ruQD.....2-. Votina of MembershiDs. Each outstanding
sharn entitled to vote, regardleslI of Class, is entitled to on..
vote. 011 each matter submitted to a vote at a meeting of meJl1bers
except as may be otherwille provided 1n the Articles of
Incorporation. If a quorum is present, the affirmative vote of the
majority of tho memberehipll represented at the meeting and entitled
to vote on tne subject matter shall be the act of the members with
respect to any and every action taken by the members.

3

Page 4/10