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<br />items, on the contracting side, conflicts between what the Corps wants to see and what <br />Controller thinks is necessary in boilerplate. Can take months to resolve, want to exempt <br />ourselves from this wrangling. And say what we want to be exempted for on the state <br />side, such as illegal immigration. In front of Board is the concept. Need to know what <br />Corps has in its list of must-haves. <br /> <br />Rick: You have a contract with the Corps now, this will be of a different nature? <br /> <br />Dan: This will be a PCA, a massive document with several different components, from <br />the ability to own space, to take on planning mitigation for the entire project, a fairly <br />substantive document, and without this specific authority, it would be death from a <br />thousand cuts. <br /> <br />Rick: Can you act for the authority before the contract is negotiated? <br /> <br />Dan: This is what we are doing. They give us authority to go forward and do it. <br /> <br />(?): Ability to loan money to other entities? We weren't the actual people using the <br />money, Parker was, that made us unsuccessful to get money from CWCB, do you see this <br />as a way to clear this up? <br /> <br />Dan: Traditionally, if there was an individual to borrow $10 million, we need specific <br />authorization from General Assembly (GA). Now, we say any parties in Chatfield that <br />need financing, this will cover it. <br /> <br />(?): Won't get bogged down on engineering studies? <br /> <br />Dan: Actually provides the CWCB the engineering feasibility study that would be used <br />by all entities. Details worked out between contracting parties and board would only be <br />the collateral part. That's why contracting, state controller, need to get that right. <br /> <br />Rod: Chain of title on water rights? Will there be water rights involved? <br /> <br />Dan: No, storage contract for acre feet of storage, sub-agreements with entities will have <br />a like Acre feet. <br /> <br />Rod: Then you commit the storage space as to who is using it. The user brings the water <br />rights. <br /> <br />Rick: We were at the water resource water committe, abd Kathleen Curry has some <br />concern? Related to a crack in the door of CWCB actually owning space? Can that be <br />made specific to Chatfield only? As a way to give them some comfort? Is this being <br />thought of? She may view it as opening a door. <br /> <br />c) Water Resource Review Committee Hearing <br />