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recovery program loan fund from the Colorado water conservation board construction fund, Said loans shall be in the amounts listed in subsection (1) of this section plus or minus such amounts, if any, as may be justified by reason of ordinary fluctuations in construction costs as indicated by the engineering cost indices applicable to the types of construction required for each project or as may be justified by reason of changes in the plans for a project due to differing or unforeseen site conditions, errors or omissions in the plans and specifications, changes instituted by regulatory agencies, or changes in material quantities beyond contract limits. (3) Pursuant to section 37-60-120 (1), Colorado Revised Statutes, the board shall require such terms and conditions in such contracts as will ensure repayment of funds made available by it. The board shall not disburse any moneys for any loan authorized by subsection (1) of this section unless and until it is satisfied, at its sole discretion, that the recipient of any such 10an will be able to make repayment pursuant to the terms and conditions established by the board and by subsection (1) of this section. SECTION 21. Arkansas river well measurement program continuation - appropriation. (1) In addition to any other appropriation, there is hereby appropriated, out of any moneys in the Colorado water conservation board construction fund not otherwise appropriated, to the Colorado water conservation board, the sum of fifty thousand dollars ($50,000), or so much thereof as may be necessary, to continue the Arkansas river well measurement program. (2) The amounts appropriated in this section are in addition to amounts appropriated previously for the Arkansas river well measurement program, The moneys appropriated in subsection (1) ofthis section shall remain available for the designated purposes until the project is completed. SECTION 22. Dry Creek flood mitigation project feasibility study - appropriation. (1) The Colorado water conservation board is hereby authorized to participate in a flood mitigation feasibility study along Dry Creek in the city of Fort Collins and adjacent areas of Larimer county, Colorado. The purposes of the study are to define specific mitigation measures to lessen flood severity and reduce future flood damages along certain developed reaches of Dry Creek. The scope of work for the project shall be developed by the board in consultation with the city of Fort Collins and Larimer county. (2) In addition to any other appropriation, there is hereby appropriated, out of any moneys in the Colorado water conservation board construction fund not otherwise appropriated, to the Colorado water conservation board for allocation to Larimer county, the sum of fifty thousand dollars ($50,000), or so much thereof as may be necessary, for costs associated with the completion of the Dry Creek Flood Mitigation Feasibility Study, (3) The moneys appropriated in subsection (2) of this section shall remain available for the designated purposes until the project is completed. SECTION 23. Section 8 (2) of chapter 360, Session Laws of Colorado 2000, is amended to read: Section 8, Alamosa river watershed restoration project - appropriation, (2) In addition to any other appropriation, there is hereby appropriated, out of any moneys in the Colorado water conservation board construction fund not otherwise appropriated, to the Colorado water conservation board for allocation to the Alamosa-La Jara water conservancy district OR THE ALAMOSA RIVER WATERSHED RESTORATION FOUNDATION, the Sllm of three hundred thousand dollars ($300,000), or so much thereof as may be necessary, for engineering and construction costs associated with implementation ofthe Alamosa river watershed RESTORATION project. SECTION 24. Article 60 of title 37, Colorado Revised Statutes, is amended BY THE ADDITION OF THE FOLLOWING NEW SECTIONS to read: http://www.state.co.lls/gov_dir/leg_dir/olls/sI200l/sL206.HTM 06/05/2002