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Last modified
8/15/2009 11:41:19 AM
Creation date
9/30/2006 8:12:31 PM
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Template:
Legislation
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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<br />JU-V/U <br /> <br />ragt: .) VI .) <br /> <br />SECTION 4. 37-95-123, Colorado Revised Statutes, is amended to read: <br /> <br />37-95-123. Construction of article. This article shall be construed liberally to effectuate the <br />legislative intent and the purposes of this article as the complete and independent authority for the <br />performance of each and every act and thing authorized in this article, and all the powers granted in this <br />article shall be broadly interpreted to effectuate such intent and purposes and shall not be interpreted as a <br />limitation of such powers; pic .i,ka, han e .el. EXCEPT THAT it is hereby recognized that the primary <br />purpose of this articlc relates to the development of water resources of the state of Colorado as set forth <br />in section 37-95-102 (I). and that the only generation of electric energy authorized hereunder is <br />generation from hydroelectric facilities. 3tlppeJ"ti. e ef 11 flwjeet, !lna This article shall not be construed I\;l <br />to authorize the board to generate electric energy by fossil fuel or other 1l1\11l1)a101'1'letllaa3 NON- <br />HYDROELECTRIC METHODS. <br /> <br />SECTION 5. Safety clause. The general assembly hereby finds, determines, and declares that this <br />act is necessary for the immediate preservation of the public peace, health, and safety. <br /> <br />Approved: April 2. 1998 <br /> <br />Capital letters indicate new material added to existing statutes; dashes through words indicate deletions <br />from existing statutes and such material not part of act. <br /> <br />http://www.state.co.us/gov_dir/leg_dir/olls/sI1998/sI.54.htm <br /> <br />12/19/200 I <br />
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