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<br />~~-~ -"!I <br /> <br />(.0 <br />...') <br /> <br />00 Court, an irrigation district is deemed to be a "public <br /> <br />-~J <br /> <br />corporation" and not truly a municipal corporation nor a <br /> <br />~.. <br />'.-.) <br /> <br />subdivision of state government. Logan Irr. Dist. v Holt, supra. <br /> <br />There are conflicting decisions in jurisdictions other than <br /> <br />Colorado as to whether, after dissolution, a corporation can have <br /> <br />even de facto existence. ~,~.~., 19 ~. Jur. Corporations <br /> <br />Section 2885 (1986). <br /> <br />In order to remove the cloud from the existence of the <br /> <br />District it is recommended that the amendment which we have <br /> <br />entitled "Remedial Amennment B" attached hereto as Attachment 2, <br /> <br />be enacted as an amendment to the Law o~ 1921 and that a vote <br /> <br />pursuant to such amendment be had at a special election, called <br /> <br />for the purposes, to seek the ratification of M.esa County <br /> <br />Irrigation District. <br /> <br />VI. REVISION OF BYLAWS <br /> <br />We have reviewed the bylaws of each of the' Districts and <br /> <br />concluded that they should be rewritten in order to bring them up <br /> <br />to date and facilitate the 'additional functions to be performed by <br /> <br />the Districts as Contracting Districts. A copy of the bylaws of <br /> <br />each District are included in the Appendix to this report. <br /> <br />VII. CONCLUSION <br /> <br />The following actions should be taken in order for the <br /> <br />Palisade Irrigation District to serve as a Contracting District: <br /> <br />1. The Proposed Amendments be enacted into law. <br /> <br />~. The Remedial Amendment A be enacted into law. <br /> <br />-17- <br />