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<br />DOLORES WATER CONSERVANCY DISTRICT
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<br />RESOLUTION:
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<br />q-1-~ ?-
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<br />RATIFICATION OF DOLORES WATER CONSERVANCY DISTRICT
<br />WATER ACTIVITY ENTERPRISE FUND
<br />
<br />WHEREAS, the Board ~ Directors of the Dolores Water Conservancy District (the
<br />"District") hereby finds, determines. and declares that It is necessary and desirable to
<br />ratify the District's establishment in 1992, during the bUdget process for fiscal year 1993,
<br />of the Dolores Water Conservancy District Water Activity Enterprise Fund; and,
<br />
<br />WHEREAS, S.B. 93-t30 (~37-45.1-101 at~, C.R.S., enacted into law on
<br />March 3D, 1993, clarifies the terms and conditions under which a water conservancy
<br />district may establish a water activity enterprise fund.
<br />
<br />, NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the District
<br />hereby ratifies the establishment of Dolores Water Conservancy District - Water Activity
<br />Enterprise, created for the purpose of pursuing and continuing water activities In
<br />connection with the Dolores Project, including water acquisition and water project facility
<br />activities, and the construction, operation, repair, and replacement of water facilities
<br />related to providing water from and through the Dolores Project; and
<br />
<br />BE IT FURTHER RESOLVED, that, pursuant to and in accordance with Article 45.1
<br />of Title 37, C.R.S., the governing body of the Dolores Water Conservancy District - Water
<br />Activity Enterprise Is the Board of Directors of the Dolores Water Conservancy District:
<br />and
<br />
<br />BE IT FURTHER RESOLVED. t.hat the Dolores Water Conservancy District Water
<br />Activity Enterprise Is entitled to exercise all powers, authority, rights, and responsibilities
<br />which are exercisable by it in accordance with Article 45.1 of Title 37, C.R.S., and other
<br />applicable law; and
<br />
<br />BE IT FURTHER RESOLVED, that all assets and liabilities of the Water Activity
<br />Enterprise shall be accounted for In the Dolores Water Conservancy District - Water
<br />Enterprise Fund; and '
<br />
<br />BE IT FURTHER RESOLVED, that the Board of Directors of the District ratifies the "
<br />authorization of the transfer of assets, liabilities and contractual rights to the Dolores
<br />Water Conservancy District - Water Enterprise Fund In accordance with Article 45.1 of
<br />Title 37, C.R.S,j and
<br />
<br />BE IT FURTHER RESOLVED, that, pursuant to 9 37-45.1-106, C.R.S., revenues
<br />which are assessed and collected by the District lor services in connection with providing
<br />water from the Doloree Project, Including rates, lees, or charges for each class of service
<br />under 9 37-45-123,124,125, and, 131, C.R.S., upon receipt by the Dlstrlct, shall be
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