LEG00201

• Bill Number: HB93-1273
• Year: 1993
• Title: Concerning the Colorado Water Conservation Board Construction Fund and Making Appropriations in Connection Therewith
• Legislation - Doc Type: Construction Fund Bill

I

8.*

9.**

10.

11.

12. ***

Assoc. , Inc.
Subdivision Irrigation "7 "'10
System 32,000 10
Spri ng Creek
Extens i on Ditch
Company 46,000 20
Northern Colorado
Water Conservancy
District
Southern Pipeline
from Carter
Lake
to Broomfield 7,050,000
New Cache La
Poudre Irrigation
Co. 700,000 25
Divide Canal &
Reservoir Co.
Worster Dam 525,000 20
Pagosa Area
Water and
Sanitation
District
Hidden Valley
Reservoir 500,000
TOTAL $ 11,351,500

* This project has already been constructed. The applicant
believed it had sufficient funds for the project before beginning
construction, but encountered unexpected subsurface conditions
which dramatically increased construction costs. This project is'
within the statutory purposes established for loans from the water
conservation board construction fund and otherwise meets all such
requirements.

** This total amount may be loaned to the cities of Berthoud,
Erie, Fort Lupton, Fort Morgan, Hudson, Old Town Superior, and
Wiggins, Colorado, to enable their participation in said project
if the Colorado wat~r conservation board determines, in its sole
discretion, that said project and the participation of these
cities is technically and financially feasible and that financing
through the Colorado.water and power development authority is not
available and establishes appropriate repayment terms for each
city.

>

*** This amount is to be reser'/ed within the Colorado water
conservation board construction . fund in recognition of the
significant value of the proposed Hidden Valley Reservoir Project
and the need to complete project planning.

(2) The Colorado water conservation board may make loans
for the construction of the projects specified in subsection (I)

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PAGE 2-HOUSE BILL 93-1273

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