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<br />, <br /> <br />July 1,2008- 2012. <br /> <br />(C) NOTWITHSTANDING ANY PROVISION OF SUB-SUBPARAGRAPH (A) <br />OF THIS SUBPARAGRAPH (III) TO T~E CONTRARY, ON JULY 1, 2007, THE <br />STATE TREASURER SHALL TRANSFER: EIGHT HUNDRED THOUSAND DOLLARS <br />FROM THE OPERATIONAL ACCOUNT TO THE WATER EFFICIENCY GRANT <br />PROGRAM CASH FUND CREATED IN SECTION 37-60-126 (12), C.R.S., AND ON <br />JULY 1,2008, THE STATE TREASURER SHALL TRANSFER EIGHT HUNDRED <br />THOUSAND DOLLARS FROM THE OPERATIONAL ACCOUNT TO THE WATER <br />EFFICIENCY GRANT PROGRAM CASH FUND, FOR USE IN ACCORDANCE WITH <br />SAID SECTION. IF, ON JULY 1,2008, THERE IS MORE THAN ONE HUNDRED <br />THOUSAND DOLLARS OF UNOBLIGATED REVENUES IN THE OPERATIONAL <br />ACCOUNT BEYOND ANY RESERVE REQUIRED BY LAW, THE STATE TREASURER <br />SHALL TRANSFER SUCH AMOUNTS OVER ONE HUNDRED THOUSAND DOLLARS, <br />UP TO A MAXIMUM OF ONE MILLION DOLLARS, TO THE WATER EFFICIENCY <br />GRANT PROGRAM CASH FUND. IF, ON JULY 1,2009, THERE IS MORE THAN <br />ONE HUNDRED THOUSAND DOLLARS OF UNOBLIGATED REVENUES IN THE <br />OPERATIONAL ACCOUNT BEYOND ANY RESERVE REQUIRED BY LAW, THE <br />STATE TREASURER SHALL TRANSFER SUCH AMOUNTS OVER ONE HUNDRED <br />THOUSAND DOLLARS, UP TO A MAXIMUM OF ONE MILLION DOLLARS, TO THE <br />WATER EFFICIENCY GRANT PROGRAM CASH FUND. THE MONEYS <br />TRANSFERRED PURSUANT TO THIS SUB-SUBPARAGRAPH (C) SHALL BE IN <br />ADDITION TO AND SHALL NOT REPLACE ANY MONEYS APPROPRIATED TO THE <br />COLORADO WATER CONSERVATION BOARD PURSUANT TO <br />SUB-SUBPARAGRAPH (D) OF SUBPARAGRAPH (I) OF THIS PARAGRAPH (C). <br />THIS SUB-SUBPARAGRAPH (C) IS REPEALED, EFFECTIVE JULY 1,2012. <br /> <br />SECTION 4. Appropriation. In addition to any other <br />appropriation, there is hereby appropriated, out of any moneys in the water <br />efficiency grant program cash fund created in section 37-60-126 (12), <br />Colorado Revised Statutes, not otherwise appropriated, to the department <br />of natural resources, for allocation to the Colorado water conservation <br />board, for the fiscal year beginning July 1, 2007, the sum of eighty-two <br />thousand seven hundred forty-nine dollars ($82,749) and 1.0 FTE, or so <br />much thereof as may be necessary, for the implementation of this act. <br /> <br />SECTION 5. Safety clause. The general assembly hereby finds, <br /> <br />PAGE 5-SENA TE BILL 07-008 <br />