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<br />SECTION 3. Project Oeauthorizations. <br />Project Authorization Amount Amount <br />Name Bi 11 and Year Authorized Oeauthorized <br />Hotchkiss SB 35-77 $ 570,000 $ 510,000.00 <br />Basalt SB 69-78 600,000 151,917.93 <br />Kelton Heights <br />(Bancroft-Clover) SB 67-80 453,000 11 ,693. 40 <br />New Castle SB 439-81 250,000 250,000.00 <br />Beeman Irrigation SB 87-82 110,000 17,487.55 <br />Foss il Ck. Oam SB 87-82 2,057,000 725,296.29 <br />Keystone Oam SB 87-82 1,545,000 1,545,000.00 <br />Harper Lake HB 1102-83 1,781,000 192,729.27 <br />Monument Res. HB 1128-84 397,080 397,080.00 <br />TOTAL $7,853,080 $3,901,204~44 <br /> <br />SECTION 4. Meadow Creek project. The Colorado water <br />conservation board may renegotiate the repayment terms, but <br />not the principal amount due, of the loans for the Meadow <br />Creek project authorized pursuant to section 3 of chapter 148, <br />Session Laws of Colorado 1980, and section 5 of chapter 425, <br />Session Laws of Colorado 1981. The board may also loan to the <br />Michigan River Water Conservancy District an additional two <br />hundred thousand dollars for the purpose of consolidating its <br />indebtednesses for the said project, said amount to be <br />advanced at an interest rate of three percent for a term of <br />forty years. The total amount of the loans for the Meadow <br />Creek project shall not exceed one million two hundred <br />thousand dollars. <br /> <br />SECTION 5. Safety clause. The general <br /> <br />assembly hereby <br /> <br />.. <br /> <br />f <br /> <br /><.. <br />'- <br /> <br />PAGE 4-SENATE BILL 90-41 <br />