LEG00178

• Bill Number: HB04-1221
• Year: 2004
• Title: Concerning the Funding of CWCB Projects, and Making Appropriations in Connection Therewith
• Legislation - Doc Type: Construction Fund Bill

Ch. 253

Water and Irrigation

887

Larkspur
Rio Grande Reservoir
Total

$ 200,000
$ 90.000
$ 4,790,000

(2) The Chatfield project channel improvement and the Rio Grande Reservoir
project authorized hy this section shall be constructed as first priorities from the first
moneys made available to the Colorado water conservation board construction fund
pursuant to section 39-26-123.1, Colorado Revised Statutes 1973. The funds made
avai1ahle for the Chatfield project channel improvements may be expended,
INCLUDtNG UP TO ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000) FOR
CHATFIELD-RELATED PLANNING STUDIES, only through A wul..d CONTRACTS with
the United States by which the United States agrees to provide not less than one-half
of the total cost of said channel improvement AND RELATED PLANNING STUDIES.

(3) Neither thc Closed Basin project nor the Larkspur project authorized by this
section nor the projects authorized by section 2 of chapter 101, Session Laws of
Colorado 1978, shall preempt any project priority previously established hy the
general assembly, but any previously established priority may be waived or
relinquished in writing by a project sponsor.

SECTION 20. Water project loan authorizations from the Colorado river
recovery program loan fuud. (1) Pursuantto sections 37-60-122.9 and 37-60-122
(1) (b), Colorado Revised Statutes, the Colorado water conservation board is hereby
authorized to loan moneys from the Colorado river recovery progmm loan fund to
enable the construction of the following water resources projects:

Priority Borrower - Project

Loan Amount

(a)

Western Area Power Administration -
Capital projects of the Upper Colorado
and San Juan River Basins Recovery
Implementation Program
Total

$ 5.938,800
$ 5,938,800

(2) The Colorado water conservation hoard may make loans for the construction
of the projects specified in subsection (1) of this section from such moneys as are or
may hereafter be transferred to the Colorado river recovery program loan fund from
the Colorado water conservation board construction fund. The loans shall be in the
amounts listed in subsection (1) of this section. plus or minus such amounts, if any,
____as_may_b.e_justifi.ed_by_r'eas.on_oLordinary_fluctua tionsjn_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 (I), Colorado Revised Statutes, the hoard shall
require such terms and conditions in the 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 the board is satisfied, in
its sole discretion, that the recipient of any such loan will be able to make repayment