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Key Implementation Issues & Challenges <br />• institutional constraints <br />— Flexibility in use of water rights <br />— Intergovernmental issues, e.g., infrastructure sharing <br />• Permitting <br />— Permitting process and requirements (e.g., NEPA, ESA, <br />404, County land use, Probable Maximum Flood) <br />• Financial <br />— Ability to pay <br />— Ability to assign costs to all users <br />— Adequacy of existing loan and grant programs <br />• Other needs and challenges <br />Implementation Opportunities for <br />Water Users and the State of Colorado <br />• Use and enhance existing loan and grant <br />programs (state /federal) <br />• Develop concepts for new funding programs <br />• Update state conservation law <br />• Water education <br />• Project permitting "team" <br />• Promote & facilitate coordinated operations <br />• Promote multiple - benefit projects and solutions <br />• Other opportunities and ideas? <br />Existing State Funding Programs <br />• CWCB Water Project Construction Loan Program <br />— Low - interest loans for ag, municipal, commercial <br />— Loans for up to 75% for most projects, 90% for ag and <br />low- income municipal projects <br />— Feasibility study financial support also available <br />— Loan over $5M requires legislative approval <br />• Colorado Water Resources & Power Development <br />Authority (CWRPDA) Small Water Resources <br />Projects <br />— Loans of up to $500M per municipality <br />— Can be expedited <br />35 <br />