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<br />•_ <br />1 justified by reason of changes in the plans for a project due to differing <br />2 or unforeseen site conditions, errors or omissions in the plans and <br />3 specif cations, changes instituted by regulatory agencies, or changes in <br />4 material quantities beyond contract limits. <br />5 (3} Pursuant to section 37-60-120 (1), Colorado Revised Statutes, <br />6 the board shall require such terms and conditions in such contracts as will <br />7 ensure repayment of funds made available by it. The board shall not <br />8 disburse any moneys for any loan authorized by subsection (1) of this <br />9 section unless and until it is satisfied, at its sole discretion, that the <br />10 recipient of any such loan will be able to make repayment pursuant to the <br />11 terms and conditions established by the board and by subsection (1) of <br />12 this section. <br />13 SECTION 3. Satellite monitoring system maintenance - <br />14 appropriation. (1) In addition to any other appropriation, there is <br />15 hereby appropriated, out of any. moneys in the Colorado water <br />16 conservation board construction fund not otherwise appropriated, to the <br />17 department of natural resources, for allocation to the division of water <br />18 resources, for the fiscal year beginning July 1, 2008, the sum of three <br />19 hundred fifty thousand dollars ($350,000), or so much thereof as maybe <br />20 necessary, for renovation of existing gauging stations, replacement of <br />21 outdated collection platforms and upgrading of transmission components <br />22 of the satellite monitoring system established and operated pursuant to <br />23 section 37-80-102 (10), Colorado Revised Statutes, stream gage flood <br />24 hardening proj ects, and data collection efforts related to flood forecasting <br />25 and warning. <br />26 (2) The moneys appropriated in subsection (1) of this section shall <br />27 remain available for the. designated purposes until they are fully <br />-6- HB08-1346 <br />