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<br />Priority <br /> <br />6 <br /> <br />7 <br /> <br />8 <br /> <br />9 <br />10 <br /> <br />11 <br />12 <br /> <br />13 <br /> <br /> '< <br /> ,J <br /> " <br /> Repayment ,,:. . , <br />Project Board Period Total <br />Name Cost (Years) Repayment <br />Morrison <br />Consolidated <br />Ditch 80,000 40 186,480 <br />Town of <br />Frederick 1,315,000 40 3,065,520 <br />Rock Creek <br />Dam 9,000,000 25 15,963,750 <br />Lone Cabin 80,000 28 153,488 <br />Gurley <br />Reservoir* 700,000 40 1,631,840 <br />Lemon Dam* 162,900 40 379,752 <br />Rio Grande <br />Ditches & <br />Drains* 250,000 40 582,800 <br />Fort Morgan t <br />Reservoir & <br />Irrigation <br />Company <br />Diversion <br />Structure <br />Repair* 50,000 40 116,560 <br />Total $13,717,900 $26,006,500 <br /> <br />* The moneys for this project shall not be made available <br />by the board until the board has, in its sole <br />discretion, determined that the project is technically <br />and financially feasible. <br /> <br />(2) The Colorado water conservation board may make loans <br />for the construction of each project specified in subsection <br />(1) of this section from such moneys as are or may hereafter <br />become available to the Colorado water conservation board <br />construction fund, said loans to be in the amounts listed in <br />said subsection (1) plus or minus such amounts, if any, as may <br />be justified by reason of ordinary fluctuations in <br />construction costs as indicated by -the engineering cost <br />indices applicable to the types of construction involved for <br />such projects or as may be justified by reason of changes made <br />in the plans for a project if those changes are required by <br />final engineering drawings and specifications or by federal or <br /> <br />PAGE 2-SENATE BILL NO. 15 <br />