HomeMy WebLinkAbout20001649.tiff RESOLUTION
RE: APPOINT DELEGATE TO REPRESENT WELD COUNTY AT SPECIAL MEETING OF
THE LUPTON MEADOWS DITCH 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, it has been determined that Weld County should have a delegate to act as
its representative at a Special Meeting of the Lupton Meadows Ditch Company, which is
scheduled for July 18, 2000, and
WHEREAS, the Board deems it advisable to appoint Frank Hempen, Jr., Director of
Public Works, as the delegate to represent Weld County at said meeting.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of
Weld County, Colorado, that Frank Hempen, Jr., Director of Public Works, be, and hereby is,
appointed as the delegate to represent Weld County at the Special Meeting of the Lupton
Meadows Ditch Company, said meeting being scheduled for July 18, 2000.
BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized
to sign the proxy appointing Frank Hempen, Jr., to represent Weld County at said meeting.
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 10th day of July, A.D., 2000.
BOARD OF COUNTY COMMISSIONERS
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WELD COUNTY, COLORA OATTEST: rl ��'� r� .2,
<. arbara J. ' meyer, hair
Weld County Clerk tote :o. ; .$ s' •
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M. J. eile, Pro-Tem
Deputy Clerk to the�� �A EXCUSED
/7 S (l j fl Th> George E. Baxter
,APPRED AS,T�ORM: c
/ 4Dale K.Hall
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Glenn nn aad
2000-1649
c'C 1 S , Fpnnk' Jeni pe i1 BC0029
Meeting Notice
Special Treasury Stock Sale Meeting
July 26, 2000
Weld County Accounting Office
52 Shares
Dear Stockholder,
Your Board of Directors and the members of the Stock Sale Committee have
called for a special meeting of the Stockholders in order to vote on a resolution the
committee has proposed. After many hours of deliberation, research and sole searching the
committee has chosen to put the following resolution to a vote of the Stockholders.
RESOLUTION
AUTHORIZE TREASURY STOCK SALE
WHEREAS, it is advisable for the Corporation to raise capital through a sale of
treasury stock, with said capital to be used for the the corporation's share of the Sandhill
Lake overflow project; be it
RESOLVED, that The Lupton Meadows Ditch Company stockholders shall
authorize the Board of Directors to hold an auction for the sale of 100 (one hundred)
shares of Treasury Stock. The said auction shall only be open to current owners in good
standing of the Lupton Meadows and Lupton Bottom Ditch Companies. The minimum bid
will be set at $3000.00 (three thousand dollars )per share. These shares shall be entitled
to a full pro-rata allotment of the ditch and shall hold privileges equal to any other stock in
the company, the water shall be used on lands historically irrigated by the ditch so as to
not create any expansion of use.
FURTHER be it resolved, that should all 100(one hundred) shares not be sold at
said auction that the stockholders authorize the Board of Directors to hold a second
auction for the remaining shares out of the 100 shares of Treasury Stock should they deem
it necessary to raise the capital for the Sandhill Lake Project. The second auction shall be
to the public with lands historically irrigated by the ditch. The minimum bid for this
auction shall be the highest bid per share from the stockholder auction.
The meeting will be held at 7 PM on Tuesday, July 18, 2000 at the Branding Iron
Restaurant in Ft Lupton at the junction of highways 52 and 85. This is a very important
meeting so please make every attempt to attend and please return the proxy card, it will
not be used if you are present.
Thank you Howard (Corky) Cantrell
Lupton Meadows Ditch Secretary
2000-1649
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Even if you expect to be present, please sign and mail the Proxy NOW !!!
if you are present the Proxy will not be used.
PROXY FOR VOTING STOCK
',print your name) Barbara_J, Krkzueyer,___Cttair�___,do
hereby constitute and appoint the standing Lupton Meadows President or
Frank. Hempen, Jr., -_ as my proxy to vote my share(s)at
the special July l 8,2000 meeting of the Lupton Meadows Ditch Company
stockholders. This proxy shalt be for Quorum establishment and the vote on the
proposed Resolution of said company and shall possess all the powers as if
personally present. This proxy hereby revokes ail previous proxies:
XFor the Resolutio 7 Al7 iinst.the Resolution
/10/4,//'
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LUPTON MEADOWS DITCH CO.
PO BOX 305
FT. LUPTON, CO. 80621
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