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Last modified
8/15/2009 11:41:19 AM
Creation date
9/30/2006 8:12:30 PM
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Template:
Legislation
Bill Number
HB02-1152
Year
2002
Title
Concerning the Funding of CWCB Projects and Making Appropriations in Connection Therewith
Legislation - Doc Type
Construction Fund Bill
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<br />Amity Mutual Irrigation Company - <br />Neenoshe Reservoir' Rehabilitation <br />Lake Henry Reservoir Company - <br />Lake Henry Reservoir Rehabilitation '. $ <br />Owl Creek Oitch'and Reservoir Company- . <br />Owl Creek Reservoir R1':habilitatiol1 .' <br />East Dillon Water and Safutation DistriCt.. <br />Water Rights Purchase. .' <br />Silver Springs Trout Farm, Ine.! <br />Sherwood Trust' $ 365.000 <br />Total $ 5,310,000 <br />a This loan is to refmance a water project wholiy or partially completed. . <br /> <br />(b) <br /> <br />(c) <br /> <br />(d) <br /> <br />(e) <br /> <br />(I) <br /> <br />$ <br /> <br />360,000 <br /> <br />490,000 <br /> <br />$1,125,000 <br /> <br />:$ 2,550,000 <br /> <br />(2) The Colorado Water conservation board may make loans for the <br />constrUction of the projects specified in subsection (1) of this section from <br />such moneys as are or may hereafter .become available to the ,Colorado <br />wa'fet 'consetvationboard construction fund. Said loans shall be in the <br />. . " . . <br />;~Q'uht'shsted insubsection( 1) ofthis section plus or minus such amounts., <br />.. 'i'f~y,i1slni1ybe justified by reason of ordinary fluctuationsin.construction <br />. .costs,ifs'indicated byihe engineeringcostindicesap'plicable to the types of <br />'ConstfUCtlon required for each projector ,as may'bejustifiedby reason of <br />chiiilgesintheplans fora project due to .differing or unforeseen site <br />~cQitmtio1i$,ertors or omissions in the .plansaIld specifications, changes <br />liistittitedbytegulatory agencies, or'changesin material quantities beyond <br />~oiitfuctllliiits. . <br /> <br />'(3) Purslilintto section 37 -60-120 ( 1 ),Colorado .RevisedStatutes, <br />,'t!ie:boardshall require such terms and conditions in suchc(mtracts as will <br />erlsurerepaymerit of moneys mllde available by it. The board shall not <br />-disbtirse any moneys for any loan authorized by subsection (I) of this <br />section tih1ess and until it is satisfied, at its sole discretion, that the recipient <br />of any such loan will be able to make repayment PUfsuantto the terms and <br />conditions established by the board and by subsection (1) of this section. <br /> <br />.. . . <br />. .."' ". <br />. . . <br />, . . <br />'. . <br />. . SECTION 2. Water project. loan authorizations . from the <br />. severance tax trust fund perpetual base account. (1 ) Pursuant to sectlon <br />39~29-109 (i) -(a) (I), Colora4b Revised Stawtes, the Colorado water <br />"conservation board is ~ereby alithorizedtoloanmoneysfrom the severance <br />'tax'trust fund perpetualbaseaccountto enabled:he construction of the <br />, f611oWing' water tesol!icesprojects with the following priority:. ..' <br /> <br />.. PAGE 2-HOUSE BILL 02-1152 <br /> <br />~ ' <br />
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