Spring Creek
Ditch

ARTICLES OF AMENDMENT AND RESTATEMENT TO THE

ARTICLES OF INCORPORATION OF

SPRING CREEK DITCH IRRIGATION COMPANY

 

THE UNDERSIGNED CORPORATION, pursuant to the Utah Revised Nonprofit Corporation Act, Title 16, Chapter 6a, Part 10, Utah Code Annotated, 1953, as amended (the “Act”), hereby adopts the following Articles of Amendment and Restatement to its Articles of Incorporation (the “Articles”):

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WHEREAS, The Articles of Incorporation of Spring Creek Ditch Irrigation Company, dated May 14, 1942, are hereby amended and restated, in their entirety, for the purpose of updating the Articles of Incorporation in conformance with the new provisions of the Act and other new statutory enactments pertaining to nonprofit mutual water companies, and providing for new classes of stock and related changes, as follows:

 

ARTICLE I

CORPORATE NAME

 

The name of the corporation is the Spring Creek Ditch Irrigation Company (the “Company”), is incorporated as a nonprofit corporation under the Act.

 

ARTICLE II

DURATION 

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The period of duration of the Company shall be perpetual unless sooner dissolved as provided in the Act

 

ARTICLE III

PURPOSES AND POWERS

 

              A.  Purpose and Powers: The purposes and powers of the Company and the business for which the Company is formed are:

 

                           (1) To acquire, own, operate, manage, repair, maintain, and replace water diversion and canal systems and all related and appurtenant facilities and equipment;

 

                           (2)  To own and acquire, by appropriation, purchase, condemnation, lease, contract, change, exchange, or otherwise, all needful water rights, water stock and sources of water supply for use in connection with the water diversion and canal systems of the Company and the water supply flowing in and through the same, and to regulate, control and distribute said water supply to the several shareholders of the Company;