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• Board Meeting Date: 5/19/2009
• Description: IWMD Section - Water Supply Reserve Account ‎(WSRA)‎ Criteria and Guidelines
• Board Meetings - Doc Type: Memo

Revised July 8 10 , 2009
Application Process
To help ensure that water ac tivities move forward in an expedited fashion all eligible
applications received will be evaluated and select ed based on these criteria and guidelines within
the applicable funding cycle. However, to help promote the equitable and competitive allocation
of funds it is important to allow sufficient time for applications to be submitted and reviewed.
This will allow the greatest opportunity to comp etitively compare multiple applications and
allocate available funds to those water activities that will provide the greatest benefit to
Colorado. In preparing the application it is recommended that the applicant include a description
of how the water activity meets each element of the criteria that will be used by CWCB to
evaluate and select the water activity. The approving roundtable that is seeking funding for a
water activity must specify whether the request is for funds from the Statewide Account or for
funds from the Basin Account(s).
Applications can be submitted at anytime . during the fiscal years 2006 - 2007 through and
including 2009 - 2010, with the last allocation being made at t he March 2011 CWCB meeting. For
the Statewide Account, the CWCB will make decisions for allocation of funds at its March May
and September meetings . , with the initial allocations be ing made at the March 2007 CWCB
meeting. For the Basin Accounts, the CWCB will make decisions for allocation of funds at its
bimonthly Board meetings. The initial allocation from the Basin Accounts will be January 2007.
Notification of award will be ma de in writing within 30 days af ter the applicable Board meeting
and the notification will include a summary of th e results of the evalua tion process and decision
of the CWCB. Notification to unsuccessful applic ants will be made in writing within 30 days
after the applicable Board meeting and the notification will include a summary of the results of
the evaluation process and the decision by the CWCB.
Successful applicants are expected to execute a contract with CWCB with in 6 months of award
of a loan or grant. If a grant or loan is not executed within this timeframe, staff may recommend
to the CWCB that the funds be reverted back to the respective accounts based on lack of due
diligence.
Application Submittal Requirements
To apply for a grant or loan from the Statewid e Account a detailed application must be received
by the CWCB no later than 60 days prior to the CWCB’s March May and September meetings.
To apply for a grant or loan from the Basin Accounts a detailed application must be received by
the CWCB no later than 60 days prior to the Bo ard meeting that the roundtable would like the
CWCB to evaluate the applicants funding re quest. CWCB’s review and analysis of the
application, utilizing the criteria and guidelines, will form the basis upon which the decisions to
fund, partially fund, or not fund the water activ ity will be made. Therefore, applicants should
prepare their application to addr ess these criteria and guidelines.
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