CWCB Annual Report December 1995

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I I 2.6 Mitigation Account In 1987, HB 87-1158 created the "Fish and Wildlife Resources Account," also known as the Mitigation Account, in the Construction Fund. Non-reimbursable expenditures totaling I $1,400,000 have been made from the Mitigation Account for mitigation plans approved by the Division of Wildlife. These disbursements are listed below. The balance in the account was $5,799,580 on June 30, 1995. I1989 Stagecoach Reservoir • $ 400,000 1990 Wolford Mountain Reservoir • 1,000,000 1 2.7 Emergency Infrastructure Repair Account I In 1993 through HB 93-1273 the Legislature authorized the Board to set aside $2.0 million I of Construction Fund money in an account reserved for emergency repair of water resources infrastructure systems to avoid potential economic losses. The money in the account is continuously appropriated to the Board for immediate availability primarily for emergency repair I of water storage systems or water distribution systems. The account is intended to provide flexibility for the Board to make funds available in a timely manner in situations similar to the emergency that developed at Sanchez Reservoir in 1992. IThe balance in the Emergency Infrastructure Repair Account was $1,532,500 on June 30, 1995. The following projects have been authorized by the Board and constructed through the IEmergency Account. 1 Approved Contract Year Borrower/Emergency County Amount Amount I1993 Summit Reservoir and Irrigation Company - Montezuma 60,000 33,000 Repair a slide on the Summit Reservoir Dam and IRepair a portion of the Lost Canyon Ditch 1994 Windsor Canal and Reservoir Co. - Larimer 300,000 300,000 IPoudre Valley Canal Slide Repairs 1994 Town of Rangely - Rio Blanco 34,000 34,000 Raw Water Intake Structure Repairs I1995 . Castle Pines North Metro District - Douglas 101,500 100.500 Rehabilitate Well A-1 1 Total 467,500 I ICWCB Annual Report, page-9