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I <br /> 3.10 Loan Projects Recommended for Deauthorization <br /> IAuthorized projects which show no activity may be deauthorized to allow new projects to <br /> proceed, especially those that may have a better chance of coming to fruition. If an appropriation <br /> I has not been encumbered within two years after legislative approval,the Board staff will work with <br /> the project sponsor to determine if the project can go forward or if it should be deauthorized. After <br /> a project has been completed,the remaining unspent but still encumbered funds are deauthorized as <br /> Isoon as possible. <br /> At its November 1996 meeting, the Board recommended 6 projects totaling $1.43 million be <br /> Ideauthorized by the General Assembly in FY 96-97 as listed in Table 6 below. <br /> ITABLE 6 <br /> Colorado Water Conservation Board <br /> Loan Projects Recommended for Deauthorization in FY 96-97 <br /> Auth. Bill Amount Amount Amount <br /> IName and Year Authorized Deauthorized Remaining <br /> Meyering Livestock Co. - HB 83-1102 $425,000 $425,000 $0 <br /> IHyannis Peak Reservoir <br /> Redlands Water&Power Co. - SB 89-85 $420,000 $420,000 $0 <br /> IRedlands Rehabilitation <br /> Bull Basin Res. &Irrig. Co. - SB 94-029 $25,000 $25,000 $0 <br /> Bull Basin Res. No. 2 Outlet Rehab. <br /> ILower Clear Creek Ditch Co. HB 95-1155 $60,000 $60,000 $0 <br /> Diversion Dam Rehabilitation <br /> IColo. Agriculture Ditch Co. - HB 95-1155 $60,000 $60,000 $0 <br /> Diversion Dam Rehabilitation <br /> IBuckeye Lateral Ditch Association- HB 95-1155 $440,000 $440,000 $0 <br /> Ditch Rehabilitation <br /> ITOTALS $1,430,000 $1,430,000 $0 <br /> I <br /> I <br /> I <br /> ICWCB FY96 Annual Report,page 23 <br />