Colorado Water Resources & Power Development Authority Jan 2003

• Year: 2003
• Title: Board of Directors Meeting
• Author: Colorado Water Resoures & Power Development Authority
• Description: Board of Director Meeting Jan 24, 2003
• Publications - Doc Type: Other

91 SECTION 18. Restoration of emergency infrastructure repair loan
2 fund balance. The State Treasurer shall transfer a total of two million dollars
3 ($2,000,000), or so much thereof as.may be necessary, from the unreserved cash in
4 the Colorado water conservation board construction fund to the emergency
5 infrastructure repair loan fund in order to restore the balance in the emergency
6 infrastructure repair fund to two million dollars. ($2,000,000).
7
8 SECTION 19. Restoration of flood response fund balance. The State
9 Treasurer shall transfer a total of one hundred fifty thousand dollars ($150,000), or so
10 -much thereof as may be necessary, from the unreserved cash in the Colorado water
11 conservation board construction fund to the flood response fund in order to restore
12 the balance in the flood response fund to one hundred fifty thousand dollars
13 ($150,000):
14
15 SECTION 20. Use of litigation fund.- authorization
16 37 -60 -121 (2.5) is amended to read:
17 (2.5) (a) The board is authorized to expend, pursuant to continuous
18 appropriation and subject to the requirements of paragraph (b) of this subsection
19 (2.5), a total sum not to exceed f6tif ffifflion della-fs THE BALANCE OF THE
20 FUND from the litigation fund, which is hereby created, for the purpose of
loi ENGAGING IN litigation OR PARTICIPATING IN ACTIVITIES ASSOCIATED
22 WITH FEDERAL OR STATE REGULATORY PROCESSES THAT MAY
23 AFFECT THE WATER INTERESTS OF THE STATE AND ITS WATER USERS.
24 EXPENDITURES SHALL BE MADE UNDER THIS SUBSECTION (2.5):
25 (I) In support of water users whose water supply yield is or may be diminished
26 or the cost of said yield is or may be materially increased as a result of conditions
27 imposed or which may be imposed, including but not limited to by -pass flows, by
28 any agency of the United States on permits for existing or reconstructed water
29 facilities located on federally owned lands; or
30 (II) To oppose an application of a federal agency for an in- stream flow right
31 that is not in compliance with Colorado law for establishing in- stream flow rights.;
32 OR,
33 (III) TO DEFEND AND PROTECT COLORADO'S ALLOCATIONS OF
34 WATER IN INTERSTATE STREAMS AND RIVERS.
35 (IV) TO ENSURE THE MAXIMUM BENFICIAL USE OF WATER FOR
36 PRESENT AND FUTURE GENERATIONS BY ADDRESSING IMPORTANT
37 QUESTIONS OF LAW OR THE IMPACT OF REGULATIONS.
38 (b) Pursuant to the spending authority set forth in paragraph (a) of this
39 subsection (2.5), moneys may be expended from the litigation fund at the discretion
Wof the board if: