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<br />37-60-121. ColoradO water conservation boara <br />construction fund - creation of - nature of fund - funds for <br />investiaations contributions use for auamentino :he <br />aeneral fund. (7) As of July 1, 1988, tne state treasurer <br />and the controller shall transfer the five million dollars <br />specified in paragraph (a) of subsection (6) of tpis section <br />to the water rights final settlement fund, which fund is <br />hereby created, The moneys transferred to the water rights <br />final settlement fund are hereby continuously appropriated to <br />the board solely for the purpose of providing moneys for the <br />tribal development funds for the Southern Ute [ndian tribe and <br />the Ute Mountain Ute Indian tribe as provided for in the <br />Colorado Ute Indian water rights final settlement agreement of <br />December 10, 1986. interest earned from the investment of the <br />moneys in such fund prior to its deposit in the tribal <br />development funds shall be credited to the Colorado water <br />conservation board construction fund and to the Colorado water <br />resources and power development authority at the end of each <br />f i sca 1 year. Of such i nteres t, fifty percent sha 1i be <br />credited to the Coloraoo water conservation board construction <br />fund and fifty percent shall be transferred to the Colorado <br />water resources and power develooment authority. The board <br />shall deposit :he moneys .from :~e ~ater ~ights fi~a~ <br />settlement fund in the tribal development funds, as provided <br />for in the settlement agreement, no later than thirty cays <br />after the deposit of federal moneys in such fundS as required <br />by the settlement agreement; exeept tnat no such moneys shall <br />be available for disburS~ment from tne tribal development <br />funds until such time as th~ final conser: dec~e: contemp1ated <br />by the settlement agreement is entered; arc, exee~t that if <br />such final consent decree i~ not eritered:.:; Q2~e!i1b2:""' 31, ~99l, <br />then the moneys so deposit~d shall be returned, :o~e:~er with <br />the interest earned ther~cn, :0 tne ~a~e:""' r~~h:s ~ind~ <br />settlement fund. If the first ins~a;lme;.: cr ~2Ge:al mcnejs <br />is not deposited in the rribai develocme~: fur-as :e~:ie ~une <br />I, 1990, or if the state's moneys hav: oeen re:Jrnec :rom t~e <br />tribal development funds to the ~a:e: rign:s fin~: se:::2~e~: <br />fund because the final consent ceere: is net enterec oJ <br />December 31, 1991, then the board shail transfer fifty ~ercen: <br />of the moneys in the water rights final se::lemen: fund to tne <br />ColoradO water resources anQ pcwe~ ceve1opme~~ aut~cri:j a~d <br />fifty percent of ~~e mo~eys In :~e ~a~2r ~ign:s ;~nal <br />settlement fund to t,e Colorado ~a:er :onser~aticn Joard <br />construction fund. <br /> <br />SECTION 5. Articl: 60 of title <br />.Statutes, as amended, is amenced 8Y T~E <br />SECTION to read: <br /> <br />37, CJ~ora~c Revis2d <br />~OOrTiON OF A ~E~ <br /> <br />.Z' <br /> <br />37-60-122.2. <br />declaration <br />(1) (a) The <br /> <br />Fish <br />fisn <br />general <br /> <br />and wildlif~ reso~rC2S - le~isl!:iv2 <br />ar.c wi~d~~~: ~2S0~~:=5 =:c~u~~_ <br />ass~moiy ne;e~j r2c:~~:Z2$ :~e <br /> <br />PAGE 3-HQUSE SILL ~C. ::~a <br />