3.03.2026

2026 February update

 

February 2026 Update

February provided us with a very mild month except for the wind. Weather was more like Spring rather than Winter. We really could use the moisture either from rain or snow or we will be unfortunately in a drought. Please keep in mind that March, April and May have provided us snow and rain in the past.  Please pray this will happen this year.

The Annual Shareholder Meeting was held on Saturday, February 28th. We did not have the turn out we usually get. We only had 61% of the shareholders either in attendance or proxies assigned to the proxy committee. It is critical that we have ALL shareholder’s shares represented. We need only 51% to have a quorum and to have an annual meeting. If we do not have a quorum, we can not proceed with a meeting. A lot of time, effort and money goes into preparing for the annual meeting and it would be a shame to waste the shareholders money. In addition to this if a quorum is not met, those shareholders that are not represented will have an additional $5.00 per share added to their assessments. A new Board Member was voted in, please welcome Joey Grisenti as the newest Board Member.  Bart Adams retained his seat on the Board of Directors as well as Steve Parr retained his interim position. We now have a five-member Board of Directors with Charlie Newlon, Butch Faoro, Bart Adams, Steve Parr and Joey Grisenti.

According to several weather stations, it is possible that we may have snow or rain coming soon. However, the possibility is slight.

To prepare for the upcoming weather t-shirts with light jacket in the mornings and just in case carry a pair of snow boots and winter coat in your vehicles.

Please Pray for rain or snow!

2.12.2026

 Shareholders, Just a reminder our Annual Shareholders Meeting is 2/28/26 at the Penrose Elementary School at 1:00 pm. If not able to attend please either sign your proxy vote to another shareholder that will attend so your shares can be represented or sign your proxy to the proxy committee and bring to the office at 209 Broadway. If office is closed put document in the door slot.

There will be shares for auction of delinquent shares after the meeting has been adjourned. Possibly a total of 18 shares to be sold in lots of 3, 5 and 10. This is subject to change if they pay their delinquent assessments prior to the annual meeting.

Also there are water shares for sale by Shareholders wanting to reduce their number of shares. You must contact them directly for cost.

77 shares - Ron Walker  719-429-1503

05 shares - Tony Ferrara 719-429-6300

There is always shares for sale  sign on the Board at the office, 209 Broadway to view at any time.


Thank You