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Last modified
8/15/2009 11:41:21 AM
Creation date
9/30/2006 8:12:32 PM
Metadata
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Template:
Legislation
Bill Number
HB85-1042
Year
1985
Title
Concerning Projects Funded by the Colorado Water Conservation Board Construction Fund, and Relating to the Activities of the Colorado Water Conservation Board in Connection Therewith
Legislation - Doc Type
Construction Fund Bill
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<br />-. <br /> <br />9 <br />10 <br /> <br />Project -- Phase 2 <br />North Poudre No. 2 <br />Reservoir'" <br />Clark Lake'" <br />.... ,:;,Total' <br /> <br />7,500,000 <br /> <br />40 <br /> <br />17,484,000 <br />582,800 <br />1,165,600.' <br />$30,100,240 <br /> <br />#i\.. <br />~ <br /> <br />.::::'~ <br />:: <br /> <br />250,000 . <br />. '500,000' <br />" . $12 927 500:; <br />'. .J t <br /> <br />40 <br />40; <br /> <br />'" The moneys .for this project shall not be made available by <br />the board until the board has, in its sole discretion, <br />determined that the project is technically and financially <br />feasible. <br /> <br />(2) The Colorado water conservation board may make loans <br />for the construction of' each project specified in subsection <br />(1) of this section from such moneys as are or may hereafter <br />become available to the Colorado water conservation board <br />construction fund, said loans to be in the amounts listed in <br />subsection (1) of this section plus or minus such amounts, if <br />any, as may be justified by reason of ordinary fluctuations in <br />construction costs as indicated by the engineering cost <br />indices applicable to the types of construction involved for <br />such projects or as may.be justified by reason of changes made <br />in the plans for a project if those changes are required by <br />final engineering drawings and specifications or by federal or <br />state requirements. <br /> <br />O. <br />.~ "y: <br />"'" <br /> <br />(3) Contracts entered into by the Colorado water <br />conservation board pursuant to section 37-60-119 (2), Colorado <br />Revised Statutes, for loans to enable the construction of the. <br />projects specified in subsection (1) of this section shall be <br />subject to the repayment periods and total repayments set <br />forth in subsection (1) of this section; except that total <br />repayments shall be adjusted to reflect any changes in <br />expenditures made pursuant to subsection (2) of this. section. <br /> <br />(4) The Colorado water conservation board is authorized <br />to expend'not more than one million dollars of the loan <br />authorized in 'subsection (1) of this section to prepare <br />feasibil ity reports on the various components of the San <br />.Miguel water conservancy district project -- phase 2; except <br />that any amount expended by the board on feasibility reports <br />need not be repaid unless the portion of the project to which <br />a report is addressed is in fact constructed. The moneys' for <br />construction of this . project shall not be made available by <br />the board until the board has,.' in its sole discretion, <br />determined that the project' or . any portion thereof is <br />technically arid finanCially feasible. " <br /> <br />SECTION 2. Sectio~'4- (1) (a) of chapte~':i41; Session <br />Laws of Colorado 1982, as amenaed.by section 6 of chapter 405, <br />Session Laws of Colorado 1983, is amended to read: <br /> <br />L <br /> <br />Section 4. Project authorizations. (1) (a) Pursuant to <br /> <br />PAGE 2-HOUSE BILL NO. 1042 <br />
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