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<br /> <br />444 <br /> <br />WATER CONSERVATION BOARD AND COMPACTS <br /> <br />14 <br />Ch./13 <br /> <br />J <br /> <br />CHAPTER 113 <br /> <br />WATER CONSERVATION BOARD AND COMPACTS <br /> <br />COLORADO WATER CONSERVATION BOARD CONSTRUCTION <br />\ FUND - EXPENDITURES <br /> <br />SENATE BILL NO.5. BY SENATORS Anderson. Kinnie. Locke. McCormick. Noble. Wunsch. and Massari; also REPRE. <br />SENTATIVES Younglund. Baer. Bryan!. Burns. Edmonds. Gunn. Hinman. Quinlan. Ross. Smith. Spano. Bishop. Carroll. <br />Diltemore. Fentress. Hamlin, Hayes. Howe. Koster, Lloyd. McNeil. Munson. O'Brian. Sears. Sonnenberg. Strahle. Strang, <br />Taylor. and Wells. <br /> <br />AN ACT <br /> <br />AUTHORIZING EXPENDITURES fROM THE COLORADO WATER CONSERVATION <br />BOARD CONSTRUCTION FUND fOR PROJECT FEASIBILITY INVESTIGATIONS. <br /> <br />Be it enacted by the General Assembly of the State of Colorado: <br /> <br />Section 1. 149-1-22 (I), Colorado Revised Statutes 1963 (1971 Supp.), is <br />amended BY THE ADDITION OF A NEW PARAGRAPH to read: <br /> <br />149-1-22. General assembly approval. (I) (d) In order to determine the <br />economic and engineering feasibility of any project proposed to be con- <br />structed from funds provided in whole or in part from the Colorado water <br />conservation board construction fund, the board shall cause a feasibility <br />report to be prepared on such proposed project if. in the discretion of the <br />board, it appears to qualify for consideration under section 149-1-19. For all <br />such feasibility investigations the board is authorized to commit or expend <br />on a continuing basis a sum not to exceed five percent of the total construc- <br />tion fund authorized by section 149-1-21 prior to the execution and approval <br />of any contract contemplated by para.graph (b) of this subsection (I); except <br />that the cost of any feasibility investigation shall be considered a part of the <br />total project cost if such project is subsequently constructed. <br /> <br />Section 2. Safety clause. The general assembly hereby finds. determines. <br />and declares that this act is necessary for the immediate preservation of the <br />public peace, health, and safety. <br /> <br />Approved: March 21,1974 <br /> <br />I <br />Ii <br />