LEG00253

• Bill Number: SB98-078
• Year: 1998
• Title: Concerning the Financing of Water Resource Projects by the Colorado Water Resources and Power Development Authority
• Legislation - Doc Type: Construction Fund Bill

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(B) ENVIRONMENTAL REVIEW, DOCUMENTATION, AND MITIGATION;

(C) Physical construction;

(D) Financing;

(E) Financing reserves;

(F) Interest during construction;

(G) ACQUISITION OF LAND AND WATER RIGHTS; AND

(H) ALL direct AND INDIRECT expenses of the authority llI.s ait.3 lle<!aiaiti3n AND OTHER
GOVERNMENTAL AGENC[ES INVOLVED IN THE PROJECT.

(b) TnE BEftl1iti5L 3f l311]tlttGtialL eo]1 Bat] 113t il1dttBl tft" ea3t 3f151anl1iLg, Gl1~ilolMl1ERtal
6.aetlmentatiaL, ..atel libl.tJ, 51 mitigatiaL 653t3, m.d Jtl6h ea3t3 3fta1113c at tl.l 6Ji:l36n36 aftke 3l5aL2I5Iil.g
bO. 61l111ll11tfil agent).

(c) r 10 l1l01l tllfin e1"1e f3urtl. of till totJ-l Ul1l5tlLt 5f the fitltkolit) 'J G-llJh 01 ilu tJtme.ut3 611 hfilld 51"1
JM.tlM) 1 5f eaeh ) "fit .:Jkall13e tttiliLGd fit afl) aIl6 time tituing that) eM i1"1 caftfleetian .. itk th" i33tltm.ec
e.fbe.Ld3 t5 fillfil.<:6 311"l8.11 ..att! lc:'!otll"" )!lejeet::L TL.e 8.tttktnit) Jhall tttilize fi5 mele thafl 6i1;ht l"l.111i51"1
l.illG- I.I1l'idltB. JG ~ "1.1) th6tlJ.111B ({alIal:'! of it.] (;,aJh 61 ill~ e.3tmentJ at atl) 6ft,- till10 13Ct.n~e.I. Jafltlfil) 1,
1989, fi11d JUlll1al) 1,1994, ifl c6D."llG-Gtiel'i ..ith t1.t i3JtlatlCl ofhofi~b t5 ftnaru"c Jftlfill ..atel leJol1ltt3
)!lejeet3.

SECTION 2. 37-95-[07 (8), Colorado Revised Statutes, is amended to read:

37-95-107. Study of proposed projects - authorization thereof. (8) The provisions of this section
shall not apply to any small water resources project; except that, befe10e IN THE CASE OF any small
water resources project wftteft THAT consists of or includes raw water diversion or storage facilities,
e:fil.leG-li.o eel..3ideuttiol. Eol fillilileing 51 t1.(', 50ala, the BOARD SHALL PROMPTLY FORWARD A
COPY OF THE PROJECT LOAN APPLICATION TO THE Colorado water conservation board fftttSt
ftIJt 1". il.. fi ?lajeet 3ttl1l11lfil) [61 JtlEl. 31'i.all ..at(;'1 I(;'JoI11GlJ ?lojeet al'id 131dIUptl) fOl"fild it3
le~e.lull\eIHiation c6L(',lu.ing t1.e I'H5ject 51 d.l POR:i5:M tk61caf ..hick i1.ell1.acJ la.. ..atel faeiliticJ t5 the
fil1t1.01 it) 'J 50Ma of ailct:toIJ. St'lcL 1'15jtGt JI11111..fil) JLfiJl indl1de Ii ae3cliptiol. oft1.l plojeet arul the:
l.cGaJ J-lld flt'lll'o.3eJ it .. ill ']ll .0, the acte:lll'linatiol. oft"d,l.ieal fca3i5ilit), an (;,Jtil..fit.:, ef 131ejcet eoJt3,
fins tl,e ]'IlO]'lM~S fil.fineial "laIl fol thE ]'II Ilj ellt FOR INFORMATIONAL PURPOSES.

SECTION 3. 37-95-116 (I), Colorado Revised Statutes, is amended to read:

37-95-116. Annual report - annual audit - annual budget. (I) On or before Vl.aleh J I APRIL 30
of each year, the authority shall make an annual report of its activities for the preceding fiscal year to the
governor, the Colorado water conservation board, and the general assembly. Each such report shall set
forth a complete operating and financial statement covering its operations during the year. Included
within such report shall be detailed financial data setting forth the manner in which any previously
appropriated state funds have been used. The authority, no later than November 30 of each year, shall
report to the governor and the general assembly any requests for state funds for the upcoming state fiscal
year, detailing the purposes for which said funds are to be utilized.

http://www.state.co.us/gov_dir/leg_dir/olls/sI1998/sL54.htm

12/19/2001