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<br />001343 <br /> <br />After being authorized in 1967 to participate in the Water <br /> <br />Resources Planning Act, the Colorado Water Conservation Board <br /> <br />asked the Bureau of Reclamation for planning assistance in <br /> <br />1970. The result was two volumes--"Appraisal Report" and <br /> <br />"Legal and Institutional Consideration"--of a state water plan <br /> <br />published in 1974. The third volume--"Plan for Development"-- <br /> <br />was never undertaken. As Pascoe points out the reportR <br /> <br />Squarely confronted government's role <br />at the federal and state levels in <br />allocating water resources. They presented <br />the changes then occurring in the <br />development of water resources. The <br />entrepreneurial system of acquiring and <br />using water, particularly the federal <br />government's role in this system, was being <br />subjected to intense scrutiny at the very <br />time the post 1970 restraintR were being <br />implemented. With few exceptions, the plans <br />and studies were not driving the changes; <br />for the most part they were trying to <br />understand and interpret them. <br /> <br />So Colorado has 2/3 of a state water plan based upon <br /> <br />emerging circumstances of a turbulent decade beginning in <br /> <br />1965. Under those circumstances. preparation of the third <br /> <br />volume would have been a futile gesture. <br /> <br />State efforts took new directions. <br /> <br />In 1971 the Colorado <br /> <br />Water Conservation Board Construction Fund was created to <br /> <br />provide state loans to assist local water development <br /> <br />interests. <br /> <br />Initially those loans were to be in compliance with <br /> <br />the state water plan. but that statutory requirement was <br /> <br />dropped later in recognition of the fact that Colorado had no <br /> <br />-3- <br />