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<br />SECTION 2. 37-95-103, Colorado Revised statutes, 1990 Repl. <br />Vo 1 ., is amended BY THE ADDITION OF A NEW SUBSECTION to read: <br /> <br />37-95-103. Definitions. As used in this article: <br /> <br />(4.7) "DOMESTIC WATER SUPPLY PROJECT" MEANS ANY FACILITY <br />THAT PROVIDES WATER SUPPLY FOR DOMESTIC OR MUNICIPAL USES, <br />INCLUDING BUT NOT LIMITED TO ALL USES MADE OF WATER IN AND THROUGH <br />MUNICIPAL WATER SUPPLY SYSTEMS. . <br /> <br />SECTION 3. Article 95 of title 37, Colorado Revised <br />Statutes, 1990 Repl. Vol., as amended, is amended. BY THE ADDITION <br />OF A NEW SECTION to read: <br /> <br />37-9.5-107.7. Creation and administration of domestic water. <br />supply project revolving fund. (I) THERE IS HEREBY CREATED IN THE <br />STATE TREASURY.THE DOMESTIC WATER SUPPLY PROJECT REVOLVING FUND, <br />WHICH SHALL CONSIST OF ALL MONEYS THAT MAY BE TRANSFERRED OR <br />APPROPRIATED THERETO BY THE GENERAL ASSEMBLY OR THAT MAY OTHERWISE <br />BE MADE AVAILABLE TO IT PURSUANT TO LAW. ALL INTEREST OR .OTHER <br />RETURN ON THE INVESTMENT OF MONEYS. IN THE.FUND AND ALL PAYMENTS <br />OF PRINCIPAL AND INTEREST MADE TO THE FUND AS REPAYMENT OF LOANS <br />AND OTHER FINANCIAL ASSISTANCE.PROVIDED FROM THE FUND PURSUANT TO <br />THIS SECTION SHALL BE CREDITED TO THE FUND. . THE STATE TREASURER <br />SHALL BE AUTHORIZED TO INVEST. MONEYS IN THE DOMESTIC WATER SUPPLY <br />PROJECT REVOLVING FUND SO LONG AS SUCH MONEYS ARE NOT NEEDED FOR <br />THE PURPOSES OF THE FUND. MONEYS IN THE DOMESTIC WATER SUPPLY <br />PROJECT REVOLVING FUND ARE CONTINUOUSLY APPROPRIATED TO THE STATE <br />TREASURER FOR.THE.PURPOSES SET FORTH IN THIS SECTION. ANY MONEYS <br />CREDITED TO THE DOMESTIC WATER SUPPLY PROJECT REVOLVING FUND SHALL <br />REMAIN IN THE FUND AND SHALL NOT. REVERT TO THE GENERAL FUND AT THE <br />END OF AN-v-&tVfN--FtS€AL YEAR. <br /> <br />(2) MONEYS IN THE DOMESTIC WATER SUPPLY PROJECT REVOLVING <br />FUND MAY BE USED FOR THE FOLLOWING PURPOSES: <br /> <br />(a) TO PROVIDE ASSISTANCE TO GOVERNMENTAL AGENCIES FOR THE <br />ACQUISITION OR CONSTRUCTION OF DOMESTIC WATER SUPPLY PROJECTS THAT <br />ARE ON THE DOMESTIC WATER'SUPPLY PROJECT ELIGIBILITY LIST. SUCH <br />ASSISTANCE INCLUDES, BUT IS NOT LIMITED TO, THE MAKING OF LOANS <br />AND THE PURCHASING OR REFUNDING OF INDEBTEDNESS OF GOVERNMENTAL <br />AGENCIES; <br /> <br />(b) TO PAY THE COSTS INCURRED BY THE STAlE TREASURER AND <br />THE AUTHORITY IN THE PERFORMANCE OF DUTIES PURSUANT TO THIS <br />SECTION; AND . <br /> <br />. (c) ANY OTHER PURPOSE CONSISTENT WITH THE PROVISIONS OF <br />THIS SECTION. <br /> <br />(3) (a) THE INITIAL DOMESTIC. WATER SUPPLY PROJECT <br />ELIGIBILITY LIST SHALt BE DEVELOPED BY THE DIVISION OF LOCAL <br /> <br />PAGE 4-SENATE BILL 94-203 <br />