January 2018

January has been relatively mild. We did receive some snow however precipitation was not enough to solve our very dry conditions. The Penrose AG Met sensor has been inoperable for this month therefore I am unable to provide exact details. Snow in the region is almost non-existent, Pikes Peak is bare and the current drought monitors list Penrose as a moderate drought area. WE NEED SNOW!!

The work has begun on the upper canal replacing the cement lining that has slipped, cracked or broken beyond repair. This project is funded by the Grant we received from CWCB. This is the beginning of a complete makeover for the upper ditch. We will be able to request additional Grant monies in the future to complete the lining replacement for the entire upper ditch. The water loss has been substantial in the past few years due to the damaged lining. This will increase our water retention to Brush Hollow. Our superintendent and his staff have piped water around the areas being worked on in effort to continue water flow to Penrose Water District and Brush Hollow. In the past we shut the entire water system down and water would flow down Beaver Creek until the project was completed and Penrose Water District would pump water from Brush Hollow to fill their ponds. This enables us to retain our water and get the lining replaced at the same time.  A BIG thank you to Tom, Connie, Larry and Charlie for their extra work in saving our water during construction.

All shareholders should be receiving the annual shareholders meeting packets in the mail this week. You will receive all the documents regarding proxy information, 2018 budget, 2017 minutes, Board of Director open position, proposed changes to BPWI Articles of Inc. and By-laws and Agenda for meeting. It is very important that you plan to attend the meeting of February 24, 2018 at 1:00 pm located at the Penrose Elementary School Gymnasium. If you can’t attend, please sign your proxy either to the proxy committee or another shareholder that will be attending. It is extremely important that we have a quorum to do business at this meeting, if we do not have enough shares represented and are unable to have a meeting, shareholders that are not represented will be assessed a $5.00/share charge. Very important to respond to the documents sent. If you do not receive a packet by February 19^th please come to the office and you will be provided with all the necessary documents.
2018 statements will be mailed out the first week of March. All assessments are due APRIL 1^ST. Shareholders will have the option to pay assessments in two payments. Half of the balance is to be paid by April 1^st and the second half by August 1^st.  Those wishing to pay assessments in two parts will be assessed an additional charge of $10.00 to cover administrative costs. Shareholders that are not in good standing with Beaver Park Water Inc. will not be eligible to receive irrigation water until assessments are paid. You will NOT be contacted by the ditch riders as a reminder. It is your responsibility to make payments as described above. Any questions, please contact the office at 719-372-3664.