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`� , � ,- , -- <br />severance tax trust fund perpetual base account and, on an as-needed basis, <br />1 a perfonnance audit of the loan prog�ams. <br />(3) The moneys appropriated in subsecrion (2) of this section shall <br />remain available for the designated purposes until the moneys are <br />exhausted. <br />SECTION 15. Loan applicant credit reports - appropriation. <br />(1) The Colorado water conservation board is hereby authorized to obtain <br />independent credit reports of Colorado water conservation board <br />construction fund and severance tax trusf fund perpetuai base account loan <br />appiicants in order to detemiine the applicants' creditworthiness and <br />financial need. The Colorado water conservation board is hereby <br />authorized to expend not more than five thousand dollars ($5, 000) from the <br />Colorado water conservation board construction fund for this purpose. <br />(?) In addition to any other appropriation, there is hereby <br />appropriated, out of any moneys in the Colorado water conservation board <br />construction fund not otherwise appropriated, to the Colorado water <br />conservation board,�the sum of fve thousand dollars (�5,000), or so m�ch <br />t�ereof as may be necessary, to obtain credit reports of Colorado water <br />conservation board construction fund and severance tax trust fund peipetual <br />base account loan applicants. <br />(3) The moneys appropriated in subsection (2) of this section shall <br />remain available for the designated purposes until the moneys are <br />e�austed. <br />SECTION 16. Article 60 of title 37, Colorado Revised Statutes, is <br />amended BY THE A,�pITION OF A NEW SECTION to read: <br />3 7-60-121.3. Severance tax trust fund statewide water planning <br />account - creation. (1) THERE IS HEREBY CREATED IN THE STA'i'E <br />TREASURy, qS pqRT OF THE COLORADp WATER CONSERVATION BOAR� <br />CONSTRUCTION FUND, THE SEVERANC£ TAX-TRUST'FUND STAT'EWIDE �irATER <br />PLANNING ACCOUNT. THE STATE TREASURER IS HEREBY AUTHORIZED AND <br />DIRECTED TO TRANSFER MONEYS APPROPRIATED FOR PROGRAMS OR <br />PRO7ECTS WITHiN THE COLORADp WATER CONSERVATION BOARD pURSUAi�1'T <br />TO SECTION 3 9 - 29 -109 (1) (c) (I) (D) C. R. S., TO'i'HE SEVERp,NCE TAY TRiJST <br />FUND STATEWIDE WATER PLANNING ACCOUNT. <br />� <br />PAGE 10-HOUSE BILL 00-1419 <br />