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<br />1 (h) Do ALL ACTS FOR ACQUIRING RIGHTS-OF-WAY WHEN THE <br />2 BOARD HAS AUTHORIZED A CONTRACT WITH THE UNITED STATES FOR 41 <br />3 CONSTRUCTION AND ACQUISITION OF FACILITIES THAT OBLIGATES THE <br />4 DISTRICT TO ACQUIRE RIGHTS-OF- WAY TO BE CONVEYED BY THE DISTRICT <br />5 TOTHE UNITED STATES UPON REIMBURSEMENT OR OTHER CONSIDERATION <br />6 BY THE UNITED STATES, INCLUDING BORROWING OF AND PA YINGINTEREST <br />7 UPON SUCH SUMS OF MONEY AS SHALL BE REQUIRED TO MAKE DEPOSITS <br />8 FIXED BY ANY COURT FOR POSSESSION AND TO PAY AWARDS ON <br />9 CONDEMNATION OF THE RIGHTS-OF-WAY AS WELL AS AMOUNTS UP TO THE <br />10 APPRAISED VALUES OF THE PARTICULAR RIGHTS-OF-WAY AS HAVE BEEN <br />11 FIXED BY THE APPRAISERS FOR THE UNITED STATES IN EACH INSTANCE OF <br />12 NEGOTIATED PURCHASES, NOTWITHSTANDING THAT THE SUM BORROWED <br />13 SHALL BE GREATER THAN THE ORDINARY ANNUAL INCOMES AND REVENUES <br />14 OF THE DISTRICT; t <br />15 (i) INVEST OR DEPOSIT ANY SURPLUS MONEY IN THE DISTRICT'S <br />16 TREASURY, INCLUDING SUCH MONEY AS MAY BE IN ANY SINKING OR <br />17 ESCROW FUND ESTABLISHED FOR THE PURPOSE OF PROVIDING FOR THE <br />18 PAYMENT OF THE PRINCIPAL OF OR INTEREST ON ANY CONTRACT OR <br />19 BONDED OR OTHER INDEBTEDNESS, OR FOR ANY OTHER PURPOSE, NOT <br />20 REQUIRED FOR THE IMMEDIATE NECESSITIES OF THE DISTRICT IN ANY <br />21 LEGAL INVESTMENT OR DEPOSITORY AUTHORlZED'BY PART 6 OF ARTICLE <br />22 75 OF TITLE 24, C.R.S" AND SUCH INVESTMENT MAY BE MADE BY DIRECT <br />23 PURCHASE OF ANY ISSUE OF SUCH LEGAL INVESTMENT OR PART THEREOF <br />24 AT THE ORIGINAL SALE OF THE SAME OR BY THE SUBSEQUENT PURCHASE OF <br />25 SUCH LEGAL INVESTMENT. ANY LEGAL INVESTMENT THUS MADE AND HELD <br />26 MAYBE SOLD FROM TIME TO TIME AND THE PROCEEDS REINVESTED IN ANY <br />27 SUCH LEGAL INVESTMENT, SALES OF ANY SUCH LEGAL INVESTMENT THUS t <br /> -16- SB05-083 <br />