LEG00220

• Bill Number: SB71-021
• Year: 1971
• Title: Concerning Water and Providing for a Water Projects Construction Fund
• Legislation - Doc Type: Construction Fund Bill

1344 WATER CONSERVATION BOARD AND Ch. 379
COMPACTS

149-1-19. Making water available to citizens of the state - assess-
ment of charges against water users - Colorado water conservation
board construction fund. The Colorado water conservation board may
make available for the use of the citizens of the state of Colorado or
to any agency or agencies of the state which are, in its opinion, best
able to utilize the same, any or all water and power' eonserved by any
of the projects to which the state may have ownership or control and
may enter into contracts for the use of said water and power with any
agency or agencies of the state, individuals, or with organizations com-
posed of citizens of the state of Colorado. The board may charge such
person or agency or organization using such water and power such
charges as, in the opinion of the board, are necessary and reasonable
for the maintenance of the project and return to the state such por-
tions of the actual costs of the project and over such term of years as
is agreed upon by contract. Any amount collected as charges over and
above the amount necessary to maintain any particular project and
repay the cost of such project shall become part of the Colorado water
conservation board construction fund.

149-1-20. Control of projects - contractual powers of board. The
state of Colorado shall have the ownership and control of such portions
of said projects as will assure repayment of funds made available by
section 149-1-19. The board is empowered to enter into contracts which
are, in its opinion, necessary for the maintenance and continued opera-
tion of such projects.

149-1-21. Colorado water conservation board construction fund
creation of - nature of fund - funds for investigations - contribu-
tions. There. is hereby created a fund to be known as the Colorado
water conservation board construction fund, which shall consist of all
moneys which. may be appropriated thereto by the general assembly or
which rnay be otherwise made available to it by the general as-
sernbly, and such charges rnay becorne a part thereof under the terms
of section 149-1-19. Such fund shall be a continuing fund and shall not
revert to the general fund of the state at the end of any fiscal year,
except that any balance in excess of ten million dollars shall revert to
the general fund of the state. The board, in addition to the amount al-
located to a project to cover the actual cost of construction, may allo-
cate to the project constructed by it, under contract or otherwise, such
amounts as may be determined by it for investigating, engineering,
inspection, and other expenses, and may provide for the repayment of
the same out of the first moneys repayable from the project under the
contract for its construction, and such moneys so repaid shall be ac-
counted for within the purpose of making investigations for the devel-
opment of the water resources of the state. Contributions qf money,
property, or equipment rnay be received from any county, murri'cipality,
federal agency, water conservation district, rnetropolitan water district,
conservancy district, water users' association, person, or. corporation for
use in making investigations, contracting projects, or otherwise carry-
ing out the purposes of this act.

149-1-22. General assembly approval. (1) (a) Funds in the Colo-
rado water conservation board construction fund shall be expended in the
following manner and under the following circumstances:

(b) The Colorado water conservation board shall submit to the ap-
propriate standing cornrnittees of each general assembly a report con-
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