sl_352

• Bill Number: SB07-122
• Year: 2007
• Title: Concerning the funding of Colorado water conservation board projects, and making appropriation in connection therewith.
• Legislation - Doc Type: Construction Fund Bill

Ch. 352Water and Irrigation1513
as will ensure repayment of fundsmadeavailable by it. The board shall not
disburseany moneys for any loan authorized by subsection (1) of this section unless
and until it is satisfied, in its sole discretion, that the recipient ofany such loan will
be able to make repayment pursuant to the terms and conditions established by the
board and by subsection (1) of thissection.
SECTION 3.Decreases to prior waterprojectloanauthorizationsfromthe
Colorado water conservationboard constructionfund.
Borrower-PriorPriorDecreaseAmount
ProjectAuthorityAmountRemaining
Ryan Gulch
Reservoir
Company - Ryan
Gulch Reservoir
Dam
RehabilitationSB 99-173$317,500$317,500$0
$317,500$317,500$0
Totals
Part 1 of article 60 of title 37, Colorado Revised Statutes, is
SECTION 4.
amended BY THE ADDITION OF A NEW SECTION to read:
T
37-60-124.4.Streamgauge fund - created.
HEREISHEREBY CREATED IN THE
,
STATE TREASURY THE STREAM GAUGE FUND REFERRED TOINTHISSECTIONAS THE
"".T
GAUGE FUNDHE STATE TREASURERIS HEREBYAUTHORIZED AND DIRECTED TO
C
TRANSFERTWOHUNDRED FIFTY THOUSAND DOLLARS FROM THEOLORADO WATER
.T
CONSERVATION BOARD CONSTRUCTION FUND TO THE GAUGE FUNDHE MONEYS IN
THE GAUGE FUND ARE HEREBY CONTINUOUSLYAPPROPRIATEDTOTHEBOARD FOR
STREAM GAGING AND DATA COLLECTIONEFFORTS RELATED TO INSTREAM FLOW
,,,
MONITORING COMPACT PROTECTION DECISION SUPPORT SYSTEMS AND FLOOD
.I
FORECASTING AND ANALYSISN ADDITION TO ANY REMAINING BALANCE IN THE
,,
GAUGE FUND AT THE END OF ANY FISCAL YEARTHE BOARD IS HEREBY AUTHORIZED
,
FROMTHEWATERCONSERVATIONBOARDCONSTRUCTION FUND TO ANNUALLY
PROVIDE UP TO TWOHUNDRED FIFTY THOUSAND DOLLARS IN ORDER TO RESTORE THE
UNENCUMBERED BALANCE IN THE GAUGE FUND TOTWOHUNDREDFIFTY THOUSAND
.A
DOLLARSLL INTEREST DERIVED FROM THE INVESTMENT OF MONEYS IN THE GAUGE
C
FUND SHALL BE CREDITED TO THEOLORADO WATER CONSERVATION BOARD
.T
CONSTRUCTION FUNDHE BOARD SHALL REVIEW THE PURPOSES OF THE GAUGE
FUND ANNUALLY AND IS HEREBYAUTHORIZEDTOCEASEPROVIDINGMONEYSIN THE
,,
FOLLOWING YEAR IF IN ITS DISCRETION THE BOARD DETERMINES THAT THE
.T
PURPOSESFORWHICHTHEGAUGEFUNDWASESTABLISHEDHAVE CEASEDHE
BOARDMAYSET TERMS AND CONDITIONS AS IT DEEMS APPROPRIATE CONCERNING
.
THE ANNUAL EXPENDITURES OF MONEYS FROM THE GAUGE FUND
SECTION 5. Satellite monitoringsystem maintenance - appropriation.
(1) In addition to any other appropriation, there ishereby appropriated, out of any
moneysin the Colorado water conservation board construction fund not otherwise
appropriated, to the department of natural resources for allocation to the division of
water resources, for the fiscal year beginning July 1, 2007, the sum of threehundred