CWCB Annual Report December 1997

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1 3.9 Loan Projects Recommended for De-authorization Authorized projects which show no activity may be de-authorized to allow new projects to r proceed, especially those that may have a better chance of coming to fruition. If an appropriation has not been encumbered within two years after legislative approval,the Board staff will work with the project sponsor to determine if the project can go forward or if it should be de-authorized. After a project has been completed, the remaining unspent but still encumbered funds are de-authorized as soon as possible. At its November 1997 and January 1998 meetings,the Board recommended 8 projects totaling $6.81 million be de-authorized by the General Assembly in FY 97-98 as listed in Table 7 below. A list of previously de-authorized loans is included in Appendix D. TABLE 7 I Colorado Water Conservation Board Loan Projects Recommended for De-authorization in FY 97-98 Borr ; _ � Pr Amou to - Amount_ , F� � �i e t Prior rio srd 1 - u horRower Project a� Authoity Amont Deau zz, enamng I Dolores Water Conservancy District- HB 83-1102 $5,617,392 $5,617,392 $0 Dolores Project Residual I Rio Grande Water Cons.District- SB 87-15 $250,000 $250,000 $0 Ditches and Drains Town of Oak Creek- SB 87-15 $300,000 $300,000 $0 Sheriff Res.Spillway Enlargement Wadley Farms Home Owners Assoc.- SB 96-153 $500,000 $500,000 $0 Wadley Dams No. 1,2,&3 Rehab. Cedar Mesa Ditch&Reservoir Co.- SB 94-029 $10,500 $10,500 $0 Cedar Mesa Reservoir Outlet Rehab. Lateral 35 Association- SB 94-029 $35,000 $35,000 $0 New Lateral City of Walsenburg- SB 94-029 $86,000 $86,000 $0 I Martin Lake Dam Rehab.&Enlargmt. Goodhue Ditch and Reservoir Co. - HB 95-1155 $19,000 $19,000 $0 Goodhue Ditch Rehabilitation Totals $6,817,892 $6,817,892 $0 I I CWCB FY97 Annual Report,page 24 I