Laserfiche WebLink
<br />~~ <br />~ <br />0) <br /><...) <br />Cj would enable it to contract with the United States for the <br />o <br /> <br />construction and long-term operation and maintenance of the <br /> <br />improved laterals. <br /> <br />Not only is the report to address existing <br /> <br />legal authority, but the report is to provide recommendations as <br /> <br />to necessary or desirable amendments to state statutes or the <br /> <br />Company's organizational documents so as to enable the Company to <br /> <br />contract with the United States and carry out salinity control <br /> <br />measures. <br /> <br />To the extent possible, the report is to avoid <br /> <br />duplicating the legal research and analysis of the Waldeck <br /> <br />Report. <br /> <br />The following report constitutes the evaluation of <br /> <br />existing authority and recommendations as to statutory and <br /> <br />organizational amendments as a result of such legal review and <br /> <br />investigation. <br /> <br />II. EVALUATION OF EXISTING AUTHORITY <br /> <br />A. Organizational History and Characteristics. <br /> <br />The Company was organized January 29, <br /> <br />1894, when the <br /> <br />Colorado Secretary of State issued the Company"s Certificate of <br /> <br />Incorporation. <br /> <br />The <br /> <br />Company's <br /> <br />Articles <br /> <br />of <br /> <br />Incorporation <br /> <br />(Articles) state that the Company is organized for the purpose of <br />acquiring the assets of five predecessor ditch organizations3 to <br /> <br />operate, maintain and complete those predecessor organizations' <br /> <br />3 Grand River Ditch Company, The Grand Valley Canal Company, <br />The Mesa County Ditch Company, The Pioneer Extension Ditch <br />Company, and The Independent Ranchmen's Ditch Association. <br /> <br />3 <br />