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<br />a <br />C) <br />~ <br /> <br />~ <br />o <br /> <br />Contn~_l ROWeX' of the DilJtric:t Board. <br />The conUactul power. of the District ue by atatute r_ <br /> <br />posed in the Board with thia limitation. <br /> <br />l!'or the acquisit.ion, const.J:'\lction or COIlIpletion of <br /> <br />any aOlU'ce of water supply, watezvoru. or mald.QCJ of uy eon- <br /> <br />tract with the United statea to Garry out the object or purposes <br /> <br />of the D18trict "wherein the incSebtednea. or oblig-atioll sball <br /> <br />be creat.ed t.o eatl.fy which .ball require a qreat.er expenditure <br /> <br />than the ordinary annual income and revenue of t.he District <br /> <br />l!lhall .:?flJ:'lllit.." thepropo.ition ehall bel submitted by the Board <br /> <br />to the qualified taxpaying el~~~or~. <br /> <br />Oc~asiOh requiriR9 Duch furth_r election haG not ari..n. <br /> <br />The construction llnd repaYJIOeut contrilat for $2!:i,OOO.OOO.OO <br /> <br />to the United States W48 80 91ilimitted to taxpayeru and carried <br /> <br />in 1938. Later contractli', itl tho nature of (d;tol\lliohll, on <br /> <br />annual in>>t.Blme~t. to be pate for annual water service, bave not <br /> <br />require<i Clue}! eltletiona. The 9ro ...,inq ordinary annu81 .i.ncoIlI. of <br /> <br /> <br />the DiBtr1ct iB already in e'~ecs of $400,000.00 from general <br /> <br />taxes and in excess of $500,000.00 from allotment contract <br /> <br />revenue. '!.'hill bae allowed ;/ldequat& leeway in all construction ex- <br /> <br />tenaionu and water ser~ic. contr&cts 80 lar made. <br /> <br />.worKs L-~..!!.2!!l'llItell t~? <br /> <br />The _rke of the entire project are nUillerOU8. Th(P;Y' 1:I89in <br /> <br />with QJ.'een Mountain Reservoir and power plant 0"' t.he Bloe <br /> <br />River in S\11IIDlit: County, and extenCi throoqh Granby Reservoir, <br /> <br />Shadow ;.o..oun1:810 and Gran~ LakeB. in Grand County, thence <br /> <br />-11- <br />