HomeMy WebLinkAbout25-37 Reimbursement of Expenses Agreement Last Chance Ditch Company 03-26-2025RESOLUTION NO. 25-37
A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF
FIRESTONE, ICI `DO APPROVING A REIMBURSEMENT OF
EXPENSES AGREEMENT BETWEEN THE TOWN OF FIRESTONE AND
THE LASTCHANCE DITCH COMPANY
WHEREAS, the Town of Firestone (-Town") obtained 3.1667 shares ("Firestone
Shares") in the Last Chance Ditch Conipany which it desires to change in Water Court from its
decreed purpose of agricultural irrigation to uses for the Town; and
WHEREAS, Last Chance Ditch Company's Bylaws require that the Town make a written
application to the Company's Board of Director's before it can proceed with a change case for
the Firestone Shares in Water Court ("Catlin Application"), and
WHEREAS, as the To\vn's Catlin application will require the Company to incur
administrative, engineering and legal expenses it is appropriate for the Town to reimburse the
Company for such costs as set forth in an Agreement between the parties,
NOW,THEREFORE. BE FFRSOLVED BY THE BOARD CIF TRUST EES CIF THE,
TOWN OF Fws,FONE, COLORADO:
The Agreement fior the Reimbursement of Expenses between the Town of Firestone and
the Last Chance Ditch Company is approved in substantialtv the same form as the copy attached
hereto and made a part of this resolution and the Mayor is authorized to execute the Agreement
on behalf of the Town.
INTRODUCED, READ AND ADOPTED this 26th day of March, 2025.
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AM TAPPROVE
I'V1111 riados Luna, CW, Town Clerk fl, i, I own Attorney
La�t Chance Ditch Company
P.O. Box 119
Longmont, Colorado!*ZL*11.9
(303) 776-7207
Julie Pasillas
Director of Water and Community Resources
Town of Firestone
9950 Park Avenue
Firestone, CO. 80504
Via: Jp sillas �firesto a_DpLo.gov
Aes@Lcwaterlaw,coM
Re: Town of Firestone Catlin Application
Dear Ms. Pasillas:
Thank you for the Catlin Application submitted to the Last Chance Ditch Company ('the Company") pursuant to Article
XVII of the Company's Bylaws.
Consistent with the Company's Bylaws, the Town of Firestone ("Firestone") as a shareholder of the Company will be
responsible for payment of all reasonable associated legal and engineering fees, the Company's administrative costs
incurred in reviewing the Catlin Application, as well as any judicial litigation that may follow an approval of the Catlin
Application.
To ensure all reasonable attorney fees, engineering fees, and administrative costs are reimbursed, the Company
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Please do not hesitate to contact me with any questions or concerns.
Angie Swanson
Secretary/17(pasurer
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Printed Name & Title
cc: Board of Directors
Date
Please print below orotherwise provide the address, via email orU.S.mail, that the Last Chance Ditch Company may
send its invoices for reimbursement:
-via email
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via U.S. mail
Postal address