ARTICLES OF INCORPORATION OF WATERVILLE LAKES ASSOCIATION
AMENDED ARTICLES OF INCORPORATION OF WATERVILLE LAKES ASSOCIATION
For the purpose of forming a corporation pursuant to the provisions of Chapter 317A of the Minnesota Statutes, the following Articles of Incorporation are hereby adopted:
ARTICLE I. NAME
The name of the corporation shall be Waterville Lakes Association.
ARTICLE II. REGISTERED OFFICE.
The registered office of this corporation shall be at O’Neill, Tra.x!er, Zard, Neisen & Morris, Ltd, 222 East .Main Street, P.O. Box 105, the City of New Prague, CDUIlty ofLe Sueru.”, State oflvLiillcsota.
ARTICLE III. PURPOSE OF ORGANIZATION
A) The general purpose of this organization shall be to organize in one association, lake shore property owners and owners of properties with access rights to Lake Tetonka and Upper and Lower Lake Sakatah and the water ways (channels) between the lakes in order to promote the preservation of these waters for the present and future, for the prevention of pollution, prevent unjust and unequal taxation, promote education relative to maintaining these water ways for present and future uses for fishing, hunting and related recreational opportunities and facilities as approved by the board.
B) To furnish state and local government regulators with objective observations about water clarity, fish populations, infestations of detrimental species of marine life, and land use practices having an impact on the watershed, to promote and furnish support for studies performed within the watershed with regard to such issues, whether performed by government agencies or private research organizations, and to serve as a liaison between residents of the watershed and such researchers or government entities as approved by the board.
C) To furnish educational programs and materials to its members concerning land use and both ground and surface water quality within the watershed approved by the board.
D) To furnish educational programs and materials to its members concerning the identification of detrimental insects, aquatic plants, and marine animal life as approved by the board.
E) To sponsor social events and to otherwise promote a sense of community among all members and others concerned about the watershed as approved by the board.
F) To assess membership an amount deemed necessary by the Board of Directors to fulfill and accomplish the above purposes of the association.
ARTICLE IV. MEMBERSHIP
A) Voting members shall be lake shore property owners and owners of property with easement access rights on Lake Tetonka, Upper and Lower Lake Sakarah and the water ways (channels) between the lakes and have voting rights in accordance with the Bylaws.
B) Associate members shall be interested parties who share a concern for the purpose of the Association and have no voting rights.
C) Business members shall be business who share a concern for the purpose of the Association and have no voting rights.
ARTICLE V. DUES
The dues and assessments shall be payable at the time and place and in the amount specified in the Bylaws.
ARTICLE VI. DURATION
The period of duration of corporate existence of this corporation shall be perpetual.
ARTICLE VIT. OTHER
A) The corporation shall have no capital stock.
B) This corporation shall not afford pecunialY gain, incidental or othnwise, to its members, except reasonable compensation may be paid for services rendered to this corporation in furtherance of its purpose.
C) There shall be no personal liability extended to any of the members for corporation obligations.
AMENDMENT OF ARTICLES OF INCORPORATION
Any provision contained in these Articles of Incorporation may be amended, altered, changed or repealed by the affirmative vote of the holders of at least a majority of the voting power of all shares entitled to vote or such greater percentage as may be otherwise prescribed by the laws of the State of Minnesota.
ARTICLE IX. POWERS
The corporation shall have all of the powers granted or available under the laws of the State of Minnesota and laws amendatory and supplementary thereto.
INCORPORATORS FOR AMENDED ARTICLES
49077 Sportsman Lane Waterville, MN 56096
858 South Holmes Street Shakopee, MN 55379
401 15th Avenue Somllv,rest Austin, MN 55912
3116 Shawnee Des Moines, IA 50310
49164 Riverside Lane Waterville, MN 56906
104 Shady Oak Lake Lake Mills, IA 50450
1216 Scheffer Avenue St. Paul, MN 55116
39290 200th Street Winnebago, MN 56098
17621 Cram Lane P.O. Box 51 Waterville, MN 56096
17055 Dickenson Lane Waterville, MN 56096
25 Edinton Road Mankato, MN 56001
1820 Keller Plane Northeast Owatonna, MN 55060