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<br />... ....6'"' ~ '-'."- oJ <br /> <br />SECTION 1. Article 88 of title 37, Colorado Revised Statutes, is amended BY THE ADDITION OF A <br />NEW SECTION to read: <br /> <br />37-88-110. Monument lake dam and reservoir - transfer of title - ownership and control. <br />(1) UPON COMPLETION OF THE REPAIR DESCRIBED IN SUBSECTION (2) OF THIS <br />SECTION, THE GOVERNOR IS HEREBY AUTHORIZED TO EXECUTE A DEED OF <br />CONVEYANCE TO THE TOWN OF MONUMENT OF ALL THE RIGHT, TITLE, AND INTEREST <br />OF THE STATE OF COLORADO IN AND TO THE STRUCTURE KNOWN AS MONUMENT <br />LAKE DAM LOCATED IN EL PASO COUNTY. <br /> <br />(2) THE TRANSFER OF TITLE TO MONUMENT LAKE DAM PURSUANT TO SUBSECTION (I) <br />OF THIS SECTION SHALL NOT OCCUR UNTIL SUCH TIME AS THE DAM IS REPAIRED TO <br />THE SATISFACTION OF THE STATE ENGINEER'S OFFICE AND OTHER GOVERNMENTAL <br />ENTITIES WITH APPLICABLE JURISDICTION. THE TOWN OF MONUMENT AND EL PASO <br />COUNTY ARE JOINTLY RESPONSIBLE FOR FINANCING THE REPAIR OF MONUMENT <br />LAKE DAM AND ARE AUTHORIZED TO APPLY FOR FINANCIAL ASSISTANCE FROM THE <br />COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY <br />ESTABLISHED IN ARTICLE 95 OF THIS TITLE, THE COLORADO WATER CONSERVATION <br />BOARD ESTABLISHED IN ARTICLE 60 OF THIS TITLE, AND FROM ANY OTHER <br />APPROPRIATE STATE, FEDERAL, OR PRIVATE SOURCE. <br /> <br />(3) AS THERE ARE NO ADJUDICATED WATER RIGHTS TO MONUMENT LAKE RESERVOIR, <br />UPON THE TRANSFER OF TITLE TO MONUMENT LAKE DAM PURSUANT TO SUBSECTION <br />(I) OF THIS SECTION, THE TOWN OF MONUMENT MAY ACQUIRE AND ASSUME THE <br />DUTIES AND RESPONSIBILITIES RELATING TO THE STORAGE OF WATER IN MONUMENT <br />LAKE RESERVOIR. <br /> <br />(4) UPON THE TRANSFER OF TITLE TO MONUMENT LAKE DAM PURSUANT TO <br />SUBSECTION (1) OF THIS SECTION, THE TOWN OF MONUMENT SHALL ASSUME ALL <br />LIABILITY AND RESPONSIBILITY RELATING TO THE CONTROL, MANAGEMENT, AND <br />MAINTENANCE OF MONUMENT LAKE DAM AND RESERVOIR, AND AT SUCH TIME THE <br />BOARD OF COUNTY COMMISSIONERS OF EL PASO COUNTY SHALL BE RELIEVED FROM <br />ALL RESPONSIBILITIES RELATING TO MONUMENT LAKE RESERVOIR PURSUANT TO <br />SECTION 37-88-109. <br /> <br />SECTION 2. Safety clause. The general assembly hereby finds, determines, and declares that this act <br /> <br />http://www.state.co.us/gov_dir/leLdir/olls/sI2000/sI.168.htm <br /> <br />07/05/2001 <br />