LEG00101

• Bill Number: SB04-232
• Year: 2004
• Title: Concerning the creation of a front range water conservation district
• Legislation - Doc Type: Other CWCB Related Bills - Killed

1 WHEN IT IS AP ARTY TO ANY CONTRACT WITH THE DISTRICT, OR ANY OTHER

2 OBLIGEE UNDER THIS ARTICLE TO FORECLOSE, OTHERWISE TO ENFORCE,

3 AND TO PURSUE ANY REMEDIES FOR THE ENFORCEMENT OF ANY PLEDGE OR

4 LIEN GIVEN BY THE DISTRICT ON THE PROCEEDS OF TAXES, SERVICE

5 CHARGES, OR OTHER REVENUES.

6 37-49-506. Financing of specific water rights acquisitions and

7 projects. (1) IF THE BOARD DETERMINES THAT A PROJECT FORF ACILlTIES

8 OR WORKS WILL BE OF BENEFIT TO WATER PROVIDER MEMBERS, SUCH

9 PROJECT MAY BE FINANCED BY ANY LAWFUL MEANS.

10 (2) IF THE BOARD DETERMINES THAT SUCH PROJECT WILL BE OF

11 BENEFIT TO ONLY SOME OF THE WATER PROVIDER MEMBERS, THEN SUCH

12 PROVIDERS MAY FORM A WATER AUTHORITY OR OTHER GOVERNMENTAL

13 ENTITY AS PROVIDED BY LAW, AND MAY FINANCE SUCH PROJECT IN ANY

14 LAWFUL MANNER. THE BOARD MAY ALSO ESTABLISH WATER ACTIVITY

15 ENTERPRISES PURSUANT TO ARTICLE 45.1 OF THIS TITLE, AND WATER

16 AUTHORITIES PURSUANT TO SECTION 29-1-204.2, C.RS., FOR SUCH

17 PURPOSES. SUCH WATER AUTHORITY, OTHER GOVERNMENTAL ENTITY, OR

18 WATER ACTIVITY ENTERPRISE SJ:Ie..LL _E~1:ER_IN1:0.ASUIIABLKCONIRAcr__

19 WITH THE DISTRICT, WHICH SHALL PROVIDE THE TERMS AND CONDITIONS

20 UNDER WHICH SUCH ENTITY SHALL PURSUE, CONSTRUCT, AND OPERATE

21 THE PROJECT, WHICH TERMS AND CONDITIONS SHALL BE CONSISTENT WITH

22 THE PURPOSES OF THE DISTRICT. SUCH CONTRACT SHALL ALSO PROVIDE

23 FOR THE REIMBURSEMENT TO THE DISTRICT OF ANY EXPENDITURES MADE

24 BY THE DISTRICT SPECIFICALLY FOR SUCH PROJECT. SUCH WATER

25 AUTHORITY, OTHER GOVERNMENTAL ENTITY, OR WATER ACTIVITY

26 ENTERPRISE SHALL THEN HAVE THE DIRECTION AND CONTROL OF SUCH

27 PROJECT, SUBJECT TO SUCH CONTRACT.

.29-

SB04-232