CT2015-174 Feasibiilty Study Appendix A

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APPENDIX A ARTICLES OF INCORPORATION AND BY-LAWS INDEX ARTICLES OF INCORPORATION UNCOMPAHGRE VALLEY WATER USERS' ASSOCIATION Pace ARTICLE I Name 1 ARTICLE II Incorporation 1 ARTICLE III. - Place of business - 2 ARTICLE IV Object 2 5 ARTICLE V Capital stock 5 -12 ARTICLE VI Board of Directors 12 -16 ARTICLE VII Qualifications of electors - 16 -17 ARTICLE:VIII Purpose of Association 17 -18 ARTICLE IX Boundaries of Canal Division 18 -19 ARTICLE X Duties of Officers 19 -21 ARTICLE.XI Power of Directors to appoint other officers 21 -22 ARTICLE XII Removal of officer 2 ARTICLE XIII Assessments 22-224 Sec. 1 Revenues Sec. 2 Directors power 22 Sec. 3 Assessments for cost of operation etc. 23 Sec. 4 Assessments for construction, etc. 23 ,.Sec. 5 Other expenditures 23 -24 Sec.-6 Lien on lands' 24 Sec. 7 Cost of maintenance and repair not to exceed S25,000 without approval 24 ARTICLE XIV Prior rights re: water 25 ARTICLE XV Shareholder property exempt from liability 25 • ARTICLE XVI Corporate indebtedness 25 _ ARTICLE XVII Term of corporation 25 ARTICLE XVIII Amendments 26 ARTICLE XIX Seal - 26 -27 'AMENDMENTS ARTICLE XIII Sec. 6 - September 14, 1904 - Assessment Liens 7 ARTICLE VI Sec. 14.- September 19, 1904 - Assessments Collection ARTICLE VIII Sec. 1 - September 19, 1904 - Tunnel and Canals ARTICLE IV Sec. 1 & 2 - November 30, 1908 —Providing water Sec. 3 became Sec. 2. ARTICLE V Sec. 1 - November 30, 1908 - Capital Stock Sec. 12 - November 30, 1908 - Shares of Capital Stock not to exceed acres irrigated ARTICLE VI Sec. 3 -November 30, 1908 -Director Qualifications ARTICLE XVI November 30, 1908- Corporate Indebtedness ARTICLE IV Sec. 1 - October 1, 1927 - Purpose of organization ARTICLE V Sec. 3 and 4 - October 1, 1927 -Condition of Ownership and compliance 17