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I <br /> IJul 1997 Smith Irrigation Ditch- Routt 50,000 50,000 <br /> Diversion Dam Replacement <br /> IMar 1998 Boulder and Lefthand Irrigation Co.- Boulder 50,000 50,000 <br /> Twin Lakes Reservoir Outlet Rehab. <br /> I Mar 1998 Farmers Pawnee Canal Co.- Morgan 29,000 29,000 <br /> Diversion Structure Rehabilitation <br /> I May 1998 Western Mutual Ditch Company- Weld 75,000 75,000 <br /> Diversion Structure Rehabilitation <br /> I Jul 1998 Greeley and Loveland Irrigation District- Larimer 100,000 100,000 <br /> Horseshoe#2 Res.Outlet Rehabilitation <br /> Totals $ 1,000,700 $929,000 <br /> 2.6 Arkansas River Augmentation Loan Account <br /> IHB 95-1155 created the Arkansas River Augmentation Loan Account in the Construction Fund, <br /> and directed the State Treasurer to transfer$1.5 million from unreserved cash in the Construction <br /> I Fund into the account. A short term bridge loan was made to the Lower Arkansas Water <br /> Management Association(LAWMA)in FY95-96,but it was fully repaid to the account through the <br /> financing package out of the Construction Fund to LAWMA authorized in SB 96-124. Section 17 <br /> I of SB97-008 increased the total amount the Board is authorized to expend from the account to $3.5 <br /> million. The balance of the Arkansas River Augmentation Loan Account was reported in COFRS <br /> to be $1,033,827 million on June 30, 1998. <br /> TABLE 5 <br /> I Loans Approved by the CWCB from the <br /> Arkansas River Augmentation Loan Account <br /> I Contract Approved Contract <br /> Date Borrower Counties Amount Amount <br /> Oct 1995 Lower Arkansas Water Management Association- Prowers $750,000 $750,000 <br /> IBridge Loan <br /> May 1997 Lower Arkansas Water Management Association- Prowers $2,300,000 $2,300,000 <br /> IWater Rights Purchase <br /> Sep 1997 Arkansas Groundwater Users Association- Fremont $ 650,000 $ 590,590 <br /> IWater Rights Purchase Pueblo <br /> I <br /> CWCB FY98 Annual Report,page 11 <br />