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HomeMy WebLinkAbout810313.tiff RESOLUTION RE: APPOINTMENT OF COMMISSIONER NORMAN CARLSON AS WELD COUNTY' S REPRESENTATIVE TO THE ANNUAL STOCKHOLDERS ' MEETING OF THE DELTA IRRIGATION COMPANY. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County, Colorado is the owner of seventeen (17) shares of the capital stock of the Delta Irrigation Company, and WHEREAS, it is necessary to appoint a representative of the Board of County Commissioners to represent Weld County at the annual meeting of the shareholders of the Delta Irrigation Company. NOW, THEREFORE, BE IT RESOLVED by the Board of County Com- missioners of Weld County, Colorado that Commissioner Norman Carlson be, and hereby is, appointed to represent Weld County at the annual meeting of the shareholders of the Delta Irrigation Company. The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on the 12th day of January, A.D. , 1981. BOARD OF COUNTY COMMISSIONERS ATTEST: A avvvaatifmtwn, WELD COUNTY, COLORADO Weld County erk and Recorder , 6 (Aye) and Clerk to the Board Chuck Carlson, Chairman By' et , -% i/77-- , tea-.— ( zy.c.r.-- (Aye) Deputy County Clerk Norman Carlson, Pro-Tem (, APPROVED AS TO FORM: /YL r.0 (Aye) C et ounty Attorney (Aye) J T. Martin j c e) J e K. Stein ark /7 A" / DATE PRESENTED: JANUARY 14 , 1981 p 810 31 3 • III f E:E3 J 1981 1, STOCKHOLDERS MEETING 61\ , 2-7-81 2 ,rq.E.Y. COLO. The Annual Meeting of the Stockholders of the Delta Irrigation Company was held at their office in the Centennial Center, 915 10th street, Greeley, Colorado at 2: 00 P.M. , on February 7, 1981. The following shares of stock were represented in person. Shares Mrs. W. C. Mathews 2 Alexander Grauberger A William Roth 4* Joe Garcia. J4 Ronald Jurgensmeir 1% Donald; Myers 2* City of Greeley 3 Weld County 17 3031 Shares MINUTES The minutes of the previous meeting held February 2, 1980 were read and approved. FINANCIAL REPORT The 1980 financial report, totaling $10.46, was reviewed and approved. DISCUSSION The President, Norman Carlson, explained that the $1000 loan bor- rowed. against our $1500 Certificate of Deposit, was costing only two per cent, since the interest rate on the loan is 9.50%, and the Certificate of Deposit is earning 7.50%. Ronald Jurgensmeir asked how the loan money had been used, and Norman Carlson ex- plained that additional money was needed for ditch repair because all the work done by Jack Burger, involving $3200 expense to the • Delta Irrigation Company, had been washed away last spring. SETTING OF 1981 ASSESSMENT After discussion, Mr. Donald Myers made a motion that the 1981 annual assessment be set at one hundred, and fifty dollars per share. Mark Rybus, representing the City of Greeley , seconded the motion and it carried unanimously. DITCH RIDER APPOINTMENT Mr. Alex Grauberger said that he would assume the duties of the 1981. Delta Irrigation Company ditch rider. Mr. Grauberger is to be paid four hundred dollars per month. His salary is not to exceed thirty-two hundred dollars. NOMINATION FOR DIRECTORS FOR 1981 Mr. Ronald Jurgensmeir made_ a motion to appoint Norman Carlson, Alex Grauberger, and William Roth as Directors for 1981 . • • Donald Myers seconded the motion and it carried unanimously. BUSINESS Concern was expressed by the stockholders regarding the fact that water has run in the ditch all winter. Mark Rybus stated that the ditch could incur frost damage if water remains in the ditch through the winter. Mrs. William Roth suggested that the ditch be shut off by the first of November. Ronald Jurgensmeir asked if the ditch would get cleaned, and Alex Grauberger said the water would be turned off in March to allow for cleaning the entire length of the main ditch. Mark Rybus made a motion to pay the Secretary, Jane Myers, one hundred dollars per year for her services. Mrs. W. C. Mathews seconded the motion and it carried unanimously. 1981 Budget - Anticipated expenses Ditch Maintenance $2000.00 Ditch Rider 3200.00 Liability Insurance 400.00 State Compensation Insurance 85.00 Postage 7.00 Secretary 100.00 Loan payment 1005.00 Filing non-profit - Corporation papers 10 .00 $6807.00 ADJOURNMENT The meeting was adjourned at 2:40 P.M. Respectfully submitted, • J e Myers, Se etary • • Page 2 - 2-7-81 • • DIRECTORS MEETING 2-7-81 The Board of Directors of the Delta Irrigation Company held their annual meeting- at the Centennial Center, 915 10th Street, Greeley, Colorado . Directors present were Norman Carlson, representing Weld County, and Alex Grauberger. Minutes of the previous meeting were reviewed and approved as written. NOMINATION FOR PRESIDENT AND VICE PRESIDENT Norman Carlson was elected to serve as President for the year 1981, and William Roth was selected as Vice President for the year 1981. 1981 BUDGET - ANTICIPATED EXPENSES The Directors reviewed the budget which totals approximately $6800.00. It was agreed by the Directors to change the present checking account to an interest with checking account. ADJOURNMENT The meeting was adjourned at 2:50 P.M. Respectfully submitted, J Myers, Seer ary Hello