Board Meeting 05/05/1983

• Board Meeting Date: 5/5/1983
• Description: Minutes, Agenda, Memoradums May 5, 1983
• Board Meetings - Doc Type: Meeting

C,vCB
2/20/81
WATER PROJECT FUNDING
AND
THE BASIN FUNDS
Introduction
Federal water development projects in Colorado are subject,
under present federal law, to three main provisions concerning the
repayment of construction costs , including interest during con-
` struction, to the United States :
(1) Irrigators are responsible for the costs allocable
to irrigation only to the extent of their ability to
repay, and that at no interest;
(2) Municipal and industrial users repay all of the
costs allocable to those purposes with interest; and
(3) Fish and wildlife mitigation measures and the ,-nr.,-4a-
tiona l features of the Colorado River Storage Project (CRS?)
participating projects are a 100 percent federal cost.
The maximum repayment period for the participating projects of
CRS? is 50 years, while other reclamation projects are subject •
to 40-year •repayment periods. "Front-end" cash payable by non-
federal entities at the time a project is constructed is not
presently required by federal law for any reason or purpose .
With respect to the payment of annual operation and mainte-
nance charges, irrigators and municipal and industrial use must
pay 100 percent of these costs .
Upper Colorado River Basin Fund
Although the Recl.:4mation Project Act of 1929 relieved