Laserfiche WebLink
<br />o <br /> <br />l <br /> <br />. <br /> <br />. <br /> <br />" <br /> <br />" <br />. <br /> <br />Mr. Frank M. Akers <br />Colorado Water Conservation Board <br />October 2, 1992 <br />Page Two <br /> <br />3. The River District Board of Directors has the <br />authority and power to enter into the enclosed contract without an <br />election by the authority given it from the from the state <br />Legislature in C.R.S. 55 37-46-107, 37-46-115, 37-46-148 and 37-46- <br />149. <br /> <br />4. There are no provisions in C.R.S. 5 37-46-101, et <br />sea., which prevent this contract from being a binding obligation <br />of the River District. <br /> <br />5. In my opinion this contract will be valid and binding <br />against the River District and the state once it is executed by the <br />proper state officials. <br /> <br />In arriving at this op~n~on, I have reviewed the relevant <br />Colorado statutes and particularly C.R.S. 5 37-46-101, et sea. <br /> <br />The evidence of the River District's ability to provide for <br />payments is set forth in the contract and the Lease Agreement dated <br />March 3, 1987 and the Agreement Amending the Lease Agreement dated <br />July 21, 1992, which are attached to the Contract. <br /> <br />If you need additional information, please feel free to call <br /> <br />me. <br /> <br />Very truly yours, <br /> <br />DHH/eb <br />Enclosures <br /> <br /> <br />Y~mb <br /> <br />General Counse <br />