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<br />'. <br /> <br />Durango West Water <br />Supply Project <br /> <br />$408,000 <br />$408,000 <br /> <br />SB 30-B8 <br /> <br />$408,000 <br />$408,000 <br /> <br />) <br /> <br />TOTAL <br /> <br />SECTION 4. Section 1 (4) of chapter 32, Session Laws of <br />Colorado 1987, is amended to read: <br /> <br />) <br /> <br />Section 1. Project authorizations. (4) In addition to <br />the authorizations provided for in subsection (1) of this <br />section, the board is authorized to loan and grant to the <br />Conejos water conservancy district the total amount of five <br />hundred, thousand dollars ($500,000) for the district's <br />purchase from the United States of the existing Platoro <br />reservoir project. 'Notwithstanding the provisions of section <br />37-60-121 (1) (b) (IV), Colorado Revised Statutes, one hundred <br />thousano dollars ($100,000) of the' board's cost for the <br />existing l'latoro reservoir project shall be nonreimbursable in <br />recognition of the fact that the state shall receive the right <br />from the district to use a portion of the said reservoir's <br />storage capacity for the purposes of meeting Colorado's <br />obligations under the Rio Grande compact, as such compact is <br />set forth in section 37-66-101, Colorado Revised Statutes, and <br />maximizing the use of compact-allocated waters in Colorado. <br />The board shall not expend any moneys on the Platoro reservoir <br />project until the state engineer certifies to the board that <br />an operating agreement satisfactory to him for the state's use <br />of the reservoir for compact purposes has been agreed upon; <br />EXCEPT THAT THE BOARD MAY EXPEND UP TO FIFTY THOUSAND DOLLARS <br />($50,000) FROM THE LOAN PORTION OF THE TOTAL AUTHORIZATION FOR <br />PREPARATION OF AN OPERATIONAL MODEL AS THE BASIS FOR THE <br />OPERATING AGREEMENT. Said operating agreement sha 11 be <br />incorporated in the contract between the board and the <br />district. The l!xception set forth in this subsection (4) to <br />section 37-60-121 (1) (b) (IV), Colorado Revised Statutes, Is <br />necessitated by the terms of the Rio Grande compact as <br />ratified by the general assembly on, behalf of the citizens of <br />the state of Colorado. It is the intention of the general <br />assembly that the state's funding of the acquisition of <br />Platoro reservoir cannot be a factor in the administration of <br />the Rio Grande compact and the state's financial interest <br />shall not influence decisions concerning that administration. <br />Such funding shall not justify or otherwise validate any <br />limitation on Colorado's full use of its interstate <br />entitlement to the use of water under the Rio Grande compact, <br />including particularly, but not by way of limitation, <br />ColoradO'S ability to take advantage of the 100,000 acre-foot <br />allowable debit under Article VI of the Rio Grande compact. <br /> <br />SECTION 5. Section 1 (I) of chapter 37, Session Laws of <br />Colorado 19B9, is amended to read: <br /> <br />) <br /> <br />PAGE 3-HOUSE BIll. 91-1006 <br /> <br />;i SO, 000 <br />f'rkfJ. \"J'1/ <br />