122_enr

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

Reservoir Dam
Rehabilitation SB 99-173
Totals
$317,500 $317,500 $0
$317,500 $317,500 $0
SECTION 4. Part 1 of article 60 of title 37, Colorado Revised
Statutes, is amended BY THE ADDITION OF A NEW SECTION to read:
37-60-124.4. Stream gauge fund - created. THERE IS HEREBY
CREATED IN THE STATE TREASURY THE STREAM GAUGE FUND, REFERRED TO
IN THIS SECTION AS THE "GAUGE FUND". THE STATE TREASURER IS HEREBY
AUTHORIZED AND DIRECTED TO TRANSFER TWO HUNDRED FIFTY THOUSAND
DOLLARS FROM THE COLORADO WATER CONSERVATION BOARD
CONSTRUCTION FUND TO THE GAUGE FUND. THE MONEYS IN THE GAUGE
FUND ARE HEREBY CONTINUOUSLY APPROPRIATED TO THE BOARD FOR
STREAM GAGING AND DATA COLLECTION EFFORTS RELATED TO INSTREAM
FLOW MONITORING, COMPACT PROTECTION, DECISION SUPPORT SYSTEMS,
AND FLOOD FORECASTING AND ANALYSIS. IN ADDITION TO ANY REMAINING
BALANCE IN THE GAUGE FUND AT THE END OF ANY FISCAL YEAR, THE BOARD
IS HEREBY AUTHORIZED, FROM THE WATER CONSERVATION BOARD
CONSTRUCTION FUND, TO ANNUALLY PROVIDE UP TO TWO HUNDRED FIFTY
THOUSAND DOLLARS IN ORDER TO RESTORE THE UNENCUMBERED BALANCE
IN THE GAUGE FUND TO TVVO HUNDRED FIFTY THOUSAND DOLLARS . ALL
INTEREST DERIVED FROM THE INVESTMENT OF MONEYS IN THE GAUGE FUND
SHALL BE CREDITED TO THE COLORADO VVATER CONSERVATION BOARD
CONSTRUCTION FUND. THE BOARD SHALL REVIEW THE PURPOSES OF THE
GAUGE FUND ANNUALLY AND IS HEREBY AUTHORIZED TO CEASE PROVIDING
MONEYS IN THE FOLLOWING YEAR IF, IN ITS DISCRETION, THE BOARD
DETERMINES THAT THE PURPOSES FOR WHICH THE GAUGE FUND VVAS
ESTABLISHED HAVE CEASED. THE BOARD MAY SET TERMS AND CONDITIONS
AS IT DEEMS APPROPRIATE CONCERNING THE ANNUAL EXPENDITURES OF
MONEYS FROM THE GAUGE FUND.
SECTION 5. Satellite monitoring system maintenance -
appropriation. (1) In addition to any other appropriation, there is hereby
appropriated, out of any moneys in 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 l, 2007, the sum of three hundred fifty thousand dollars
($350,000), or so much thereof as may be necessary, for renovation of
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