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<br />Application Process <br /> <br />To help ensure that water activities move forward in an expedited fashion all eligible <br />applications received will be evaluated and selected based on these criteria and guidelines <br />within the applicable funding cycle. However, to help promote the equitable and <br />competitive allocation of funds it is important to allow sufficient time for applications to <br />be submitted and reviewed. This will allow the greatest opportunity to competitively <br />compare multiple applications and allocate available funds to those water activities that <br />will provide the greatest benefit to Colorado. In preparing the application it is <br />recommended that the applicant include a description of how the water activity meets <br />each element of the criteria that will be used by CWCB to evaluate and select the water <br />activity. The approving roundtable that is seeking funding for a water activity must <br />specify whether the request is for funds from the Statewide Account or for funds from the <br />Basin Account(s). <br /> <br />Applications can be submitted at anytime during the fiscal years 2006-2007 through and <br />including 2009-2010, with the last allocation being made at the March 2010 CWCB <br />meeting. For the Statewide Account, the CWCB will make decisions for allocation of <br />funds at its March and September meetings, with the initial allocations being made at <br />the March 2007 CWCB meeting (no allocations will be made in September 2006). For <br />the Basin Accounts, the CWCB will make decisions for allocation of funds at its <br />bimonthly Board meetings. The initial allocation from the Basin Accounts will be <br />January 2007. <br /> <br />Notification of award will be made in writing within 30 days after the applicable Board <br />meeting and the notification will include a summary of the results of the evaluation <br />process and decision of the CWCB. Notification to unsuccessful applicants will be made <br />in writing within 30 days after the applicable Board meeting and the notification will <br />include a summary of the results of the evaluation process and the decision by the <br />CWCB. <br /> <br />Successful applicants are required to execute a contract with CWCB within 6 months of <br />award of a loan or grant. <br /> <br />Application Submittal Requirements <br /> <br />To apply for a grant or loan from the Statewide Account a detailed application must be <br />received by the CWCB no later than 60 days prior to the CWCB's March and September <br />meetings. To apply for a grant or loan from the Basin Accounts a detailed application <br />must be received by the CWCB no later than 60 days prior to the Board meeting that the <br />roundtable would like the CWCB to evaluate the applicants funding request. CWCB's <br />10 <br /> <br />Final Draft <br /> <br />July 12, 2006 <br />Rev. 1 July 17,2006; Rev.2 July 31,2006; Rev. 3 August 4,2006; <br />Rev. 4 August 9, 2006; Rev. 5 September 15,2006; Rev. 6 September 18,2006 <br /> <br />.. <br /> <br />. <br /> <br />. <br />