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PROJ00465
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Last modified
11/19/2009 11:17:47 AM
Creation date
10/5/2006 11:56:28 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C153530
Contractor Name
DeWeese-Dye Ditch and Reservoir Company
Contract Type
Loan
Water District
12
County
Custer
Bill Number
SB 88-30
Loan Projects - Doc Type
Feasibility Study
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<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 /> <br />b. Laws under which or~anized <br /> <br />The By-Laws and Articles of Incorporation of the De Weese Dye Ditch and <br />Reservoir Company, Inc. are included. We have included them within the <br />report and sent a copy to t~e Director of the Colorado Water <br />Conservation Board. The Articles of Incorporation are not yet "gned. <br />The State of Colorado Is revlewi~g the Articles and we, the Ditch <br />Company wi I I provide the signed ,opy of the Articles of Incorporation <br />upon request. <br /> <br />c. Powers and authorities of or~anization <br /> <br />1. Right to eminent domain - The DeWeese Dye Ditch company, to any of <br />the Directors knowledge and according to the by-laws, has no right to <br />eminent domain. <br /> <br />Z. Taxing or Assessing Authority - Article V, Section Z, of the DeWeese <br /> <br />Dye Ditch Company by-laws stipulates that the Board of Directors shall <br /> <br />recommend the annual assessment to be voted on by al I shareholders at <br /> <br />our annual meeting. <br /> <br />3. Authority to enter contractuai arrangements. The resolution on <br />working with the CWCB al lows the ditch company to enter Into contractual <br />agreements to do needed Irrigation improvements. <br /> <br />I~ <br />
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