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The CWCB Staff will: <br />• Ensure that the Fund is managed consistently with state statutes, applicable state fiscal <br />rules, and these terms and conditions. <br />• Review applications and recommend use of the Fund. The CWCB Director must approve <br />all applications to use the Fund. <br />• Enter into contracts with appropriate entities and ensure that the project identified in the <br />application and work plan is implemented within the time and budget identified in the <br />application. <br />• Ensure that sound fiscal, fiduciary and accounting practices are implemented. <br />Overview of the Fund Management <br />Eligibility Requirements for Proiect Sponsorship <br />The Staff may use the Fund to pay for travel costs or other operating expenses incurred by the <br />Staff for activities related to participation in alternatives groups. In addition, non - federal entities <br />may apply for use of monies from the Fund. Eligible entities that may sponsor projects and <br />apply for allocations from the Fund include: <br />• Public (Government) - municipalities, enterprises, counties, and State of Colorado <br />agencies. <br />• Public (Districts) - special, water and sanitation, conservancy, conservation, irrigation, <br />and water activity enterprises. <br />• Private Incorporated - mutual ditch companies, homeowners associations, and non - profit <br />corporations. <br />• Private - individuals, partnerships, and sole proprietors. <br />• Non - governmental organizations - are broadly defined as any organization that is not part <br />of the government. <br />Proiect Sponsorship Process <br />Project sponsors may submit applications for monies from the Fund at any time. The Board will <br />be notified of any requests for use of the Fund that are granted and /or denied, through the <br />Director's report or a memorandum to the Board. <br />Written Request Submittal Requirements <br />To apply for use of the Fund, the project sponsor must submit a written request to the CWCB <br />Director ( "application" or "request for funds "). The CWCB Director's and Staff's review and <br />analysis of the application, utilizing the terms and conditions, will form the basis for the CWCB <br />Director's decision to fund, partially fund, or not fund the request. Therefore, project sponsors <br />should prepare their applications to address these terms and conditions. The following <br />paragraphs provide a general overview of the information that is needed to complete an <br />application for use of the Funds. <br />Application information and requirements may vary depending upon the stakeholders involved, <br />the status of a federal agency's Wild and Scenic review process, and other unique circumstances <br />that may exist. The project sponsor is encouraged to discuss the application with CWCB staff if <br />any questions arise. <br />Page 2 of 5 <br />