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<br />Colorado Institute for Irrigation Management (CSU) <br />January 24-25, 2001 <br /> <br />Agenda Item 14. <br />(Updated February 14, 2001) <br /> <br />Staff Recommendation <br />Staff recommends that this funding request be approved from the Construction Fund, in two <br />categories. <br /> <br />Phase 1 is in the category "Projects or Studies of statewide impact or concern." The Phase <br />1 cost is $125,121, of which the applicant has secured $31,862 in cash and in-kid services. Staff <br />recommends that the CWCB fund the remainder of $93,259. <br /> <br />Phase 2 is in the category "Studies with a significant potential to result in a loan from the <br />Construction Fund/Severance tax Trust Fund Perpetual Base Account. "The guideline in this <br />category is funding for up to 50% of the study cost, limited by the amount not already funded. The <br />Phase 2 cost is $95,391 of which the applicant has secured $52,519 in cash and in-kind services, <br />leaving $42,872 unfunded. Staff recommends that the CWCB fund the remainder of $42,872. <br /> <br />The total staff recommendation (Phase 1 and Phase 2) is $136,131. <br /> <br />Action Taken bv the CWCB Januarv 24. 2001 <br />The CWCB approved the staff recommendation. <br /> <br />cc: John Wilkins-Wells, CSU <br />Terence POdmore, CSU <br />Linda Bassi, AGO <br /> <br />Attachment <br /> <br />C:\WP51\Proj-New\CSU Dual H20 NR Investment 101memo <br />L:\boardmem~an01\14 CSU Dual H20 <br /> <br />3 <br /> <br />