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<br />beginning construction, but encountered unexpected subsurface conditions which dramatically increased <br />construction costs. This project is within the statutory purposes established for loans from the water <br />conservation board construction fund and otherwise meets all such requirements. <br /> <br />** This total amount may be loaned to the cities ofBerthoud, Erie, Fort Lupton, Fort Morgan, Hudson, Old <br />Town Superior, and Wiggins, Colorado, to enable their participation in said project if the Colorado water <br />conservation board determines, in its sole discretion, that said project and the participation ofthese cities is <br />technically and financially feasible and that financing through the Colorado water and power development <br />authority is not available and establishes appropriate repayment terms for each city. <br /> <br />*** This amount is to be reserved within the Colorado water conservation board construction fund in <br />recognition of the significant value of the proposed Hidden Valley Reservoir Project and the need to complete <br />project planning. <br /> <br />SECTION 10. Section I (I) of Chapter 265, Session Laws of Colorado 1994, is amended to read: <br /> <br />Section I. Project authorization. (I) Pursuant to section 37-60-122 (I) (b), Colorado Revised Statutes, <br />the Colorado water conservation board is hereby authorized to loan moneys to enable the construction of the <br />following water resources projects: <br /> <br />Priority Name Loan (years) <br /> <br />I. Beaver Park Water Co.- <br /> <br />Brush Hollow Dam Rehab. 750,00030 <br /> <br />2. Beaver Reservoir Company - <br /> <br />Beaver Creek Dam Rehab. 373,00040 <br /> <br />3. Military Park Res. Co. - <br /> <br />Military Park Res. Dam Rehab. 30,000 30 <br /> <br />4. Cedar Mesa Ditch Co. - <br /> <br />Cedar Mesa Res. Outlet Rehab. 10,500 15 <br /> <br />5. City ofWalsenburg - Martin <br /> <br />Lake Enlargement and Rehab. 86,000 30 <br /> <br />6. Michigan River Water Cons. <br /> <br />Dist. - Meadow Creek Dam <br /> <br />Outlet 97,500 20 <br /> <br />7. Jackson Lake Res. & Irrig. <br /> <br />http://www.state.co.us/gov_dir/leg_dir/olls/sI1995/sI.I17.htm <br /> <br />06/05/2002 <br />