Dear
Shareholders, 11/01/2012
The board of directors thanks you in
your efforts to conserve water during this very dry year! At the Board of Directors meeting held
September 18, 2012 the assessment of $10.00 per share and $110.00 per
connection was levied on the capital stock of the company for system
maintenance and general operating costs.
Please review your assessment
invoice to insure that all the information is correct and indicate any changes
on the back of your remit slip. Payments are now accepted on-line. See invoice for details.
NOTICE
OF ANNUAL MEETING
You are hereby notified that the
Annual Shareholders’ Meeting will be held Tuesday, December 4, 2012, at 7:00
p.m. in the Auditorium at the Tooele County Courthouse for the following
purposes:
1. Approval of
Minutes and Financial Report
2. Elect one
three-year Board Member*
3. President’s
report
4. Other business
Any assessment unpaid on the 15th
day of January, 2013, will be delinquent and become a lien against the shares
and accrue interest in the highest legal annual rate, which lien must be paid
in full before the shares may be transferred according to the Articles of
Incorporation of the Company. There will
be a $25.00 charge on any check returned to the Company due to insufficient
funds.
Notice is hereby given that
Settlement Canyon Irrigation Company will no longer recognize leased water
shares unless the proper paperwork is filed with the Company office. Please contact the secretary for more information.
*Any
votes of water shares done by proxy must have permission in writing. All proxy information must be turned into the
office at least 5 days prior
to the annual meeting.
Camille
Higgins
Secretary/Treasurer
