Tucson Water
Company is a nonprofit corporation, formed in 1990, to take over the water
facilities from the land developer and provide water to the 36 one-acre lots of
Tucson Estates. The 36 lot owners of Tucson
Estates wholly own TWC, equally.
Homeowners automatically become co-owners when they buy their lot with
the title change. When owners sign a
membership agreement, they become members and receive membership privileges
including voting rights. We have no
paid employees – just a few of your neighbors doing most of the work for all of
us.
Tucson
Estates amended subdivision consists of 36 – one-acre lots on three streets,
Racine St., Salem St., and Troy St., located in unincorporated Adams County,
Colorado, in the town of Henderson.
Tucson Estates is approximately 1/2 mile East on 124th Avenue from US
Highway 85 and roughly 20 miles northwest of Denver. Tucson Estates amended subdivision was originally farm land and
still boarders farm land to the north, with Levi subdivision homes to the
south, Vaughn industrial park to the east, and Henderson Elementary School to
the west.
Tucson
Water Company was formed in 1990 to take over water facilities from the bankrupt
developer and provide water to the community.
Originally consisting of one domestic drinking well, the water company
has expanded capacity to 2 domestic drinking wells and 2 irrigation wells with
about 2 miles of pressurized distribution system and paper assets of
approximately one million dollars. In
addition to providing potable and irrigation water to the community TWC has a
contract agreement to provide irrigation water to Henderson Elementary School,
with the Brighton 27J school district, located west of Tucson Estates.
Homeowners automatically become a co-owner of the company when they buy their
lot with the title change. Tucson Water
Company is run by volunteers (or draftees) and managed by a board of directors,
corporate officers, and a water plant operator. At the annual meeting (held in the beginning of May) co-owners
who have signed the membership agreement and voter registration documents elect
board members, approve the budget, water rates, and any assessments for that
year.
The
board of directors has broad discretionary powers to manage the company
throughout the year as provided for in the articles of incorporation and
bylaws. The board members are
responsible for understanding and following these documents as they perform
their duties and serve the community.
Homeowners are encouraged to volunteer and serve the community by taking
on specific work projects or offering to help on these projects. Additionally, homeowners are encouraged
understand the articles of incorporation and bylaws, know who their board
members are, and to communicate their questions, issues, and offers of
volunteer service to their board members.
Tucson Water Company is a nonprofit organization with an elected board of directors consisting of five members. There are four corporate officers appointed by the board of directors to manage the day to operations of the company: president (who must be a board member), vice president, secretary, and treasurer. Today, the state also requires a licensed water plant operator; although, the operator is not recognized in the articles of incorporation. Each board member serves a two-year term. The board meets regularly to discuss community water issues and company business; homeowners are encouraged to contact their board members and help them represent you at these meetings.