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5.0 PROJECTS RECOMMENDED FOR DEAUTHORIZATION . From time to time, some projects may be deauthorized to make room for new projects that may have a better chance of coming to fruition. If an appropriation has not been encumbered within five years after approval, the Board staff will work with the project sponsor to deauthorize the project. After a project has been completed, the remaining unspent but still encumbered funds will be deauthorized as soon as possible. Seven projects totalling $1,460,755 are recommended to be deauthorized in FY 93-94 as listed in Table 2 below. TABLE 2 Colorado Water Conservation Board Projects Recommended for Deauthorization in FY 93-94 Amount Amount Project Name Authorization Authorized Deauthorized Jackson Reservoir SB 81-439 $125,000 $43,638 Ridges Metro District SB 81-439 $2,866,000 $922,109 Town of Oak Creek EO of 7/23/84 $144,000 $144,000 Clark Lake HB 85-1042 $500,000 $72,058 Lemon Dam SB 87-15 $162,900 $162,900 Moonlight Lateral SB 88-30 $100,000 $100,000 Wisconsin Ditch Company SB 88-30 $16,050 $16,050 I I Totals I $3,913,950 I $1,460,755 I . The Jackson Reservoir project has been completed and only $81,362 of the original $125,000 state appropriation was needed. The owners have requested that the remaining $43,638 be deauthorized. The Ridges Metro District was authorized a $2,866,000 appropriation under SB 81-439 and it subsequently borrowed $1,943,891 of that amount. The District has now been annexed into the City of Grand Junction and has no need for the remaining $922,109 of the appropriation. The Town of Oak Creek received authorization for a $144,000 emergency CWCB loan in 1984 but never needed it because it obtained grant funding from another agency. The town has . requested deauthorization of the $144,000 appropriation. . CWCB Annual Report, page 22