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C153445 Contract
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Last modified
11/19/2009 11:29:59 AM
Creation date
10/5/2006 11:55:28 PM
Metadata
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Loan Projects
Contract/PO #
C153445
Contractor Name
Summit Reservoir and Irrigation Company
Contract Type
Loan
Water District
32
County
Montezuma
Bill Number
HB 84-1128
Loan Projects - Doc Type
Contract Documents
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<br />., <br />.., <br /> <br />;. <br /> <br />1 <br /> <br />J <br /> <br />. <br /> <br /> <br />J <br /> <br />Summit Reservoir & Irrigation <br /> <br />P. O. Box 127 <br />Dolores, Colorodo 81323 <br /> <br />;.,' <br /> <br />Howard VanPelt moved and Harvey Young ~econded the following resolution <br />which carried unanimously- <br />Be it resolved that we, the Stockholders of the Summit Reservoir and <br />Irrigation CompanYt meeting herewith assembled on this 12 day of January, <br />1985, hereby give full power and autho~ize ou( Board of Directo~s to take care <br />of its financial interest for the year 1985, and to-the interest and indebtedness <br />as they may become due at any time, and to do all acts or things, necessary <br />or proper on behalf of the company in the maintenance of its system and the <br />proper operation thereof: and in case of emergence calling for extra funds, <br />to take of unforeseen repair work or damage or any other cause needing <br />additional funds, we empower them to negotiate funds and loan f~om banks or <br />any loan agency available, and through their Presedent and Secretary to execute <br />the name of the Company on any and all papers necessary to secure such loans <br />as they may deem advisable. <br /> <br />A short discussion was held concerning the possibility of furnishing water <br />to a rural water company. The directors assured the stockholders that no <br />corrunitment had been made nor would it be without stockholder approval. <br /> <br />There being no further business the meeting was adjourned. <br /> <br />Respectifully submitted, <br /> <br />/~ ;;h1Ic;ii <br /> <br />1\L~~!k. iJ,~ <br />/ ~t-a'" "" t"5>i,<" <br />President <br /> <br />Edward G. McRae, Jr. <br />Secretary <br />
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