Laserfiche WebLink
<br />/~-, <br />".,'; <br /> <br />RESOLUTION OF THE BOARD OF DIRECTORS <br />OF THE MANCOS WATER CONSERVANCY DISTRICT <br /> <br />Concerning a loan in the amount of $62,500 from the State of Colorado water Conservation Board <br />(STATE), for the purpose of rehabilitating a portion of the inlet canal to the Jackson Gulch Reservoir, the <br />following resolutions were adopted by the Board of Directors of the Mancos Water Conservancy District <br />(DISTRICT), at their meeting held December 10, 1996, at Mancos, Colorado. The Board of Directors <br />hereby charge that these resolutions be irrepealable during the life of the loan and hereby authorizes the <br />following: <br /> <br />a. RESOLVED, the DIsTRICT to enter into a contract with the Colorado Water Conservation <br />Board for a loan in the amount of $62,500, and to comply with all the tenns of the Loan Contract <br />#C153746 (CONTRACT), and <br /> <br />b. RESOLVED, the DIsTRICT to set and collect rates, fees and charges for the allotment and sale <br />of water in an amount sufficient to pay the annual amounts due under the CONTRACT and to deposit <br />revenues from those rates, fees and charges with the Mancos Water Conservancy District Water <br />Activity Enterprise, and <br /> <br />c. RESOLVED, the DISTRICT to execute a Security Agreement to secure the revenues pledged to <br />pay the STATE. <br /> <br />Dated this 10th day of Decembetj 1996. <br /> <br />Mancos Water Conservancy District <br /> <br />BY~ -rC~.L- <br />Thomas K. Colbert, President <br /> <br />ATTEST: <br /> <br />By flr-PJ /~ad1 <br />Noland Alexander, Secretary <br /> <br />Appendix A to Contract #C153746 <br />