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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />2.6 Mitigation Account <br /> <br />In 1987, HB 87-1158 created the "Fish and Wildlife Resources Account," also known as the <br />Mitigation Account, in the Construction Fund. Non-reimbursable expenditures totaling <br />$1,400,000 have been made from the Mitigation Account for mitigation plans approved by the <br />Division of Wildlife. These disbursements are listed below. The balance in the account was <br />$5,799,580 on June 30, 1995. <br /> <br />1989 <br />1990 <br /> <br />Stagecoach Reservoir <br />Wolford Mountain Reservoir <br /> <br />$ 400,000 <br />1,000,000 <br /> <br />2.7 Emergency Infrastructure Repair Account <br /> <br />In 1993 through HB 93-1273, the Legislature authorized the Board to set aside $2.0 million <br />of Construction Fund money in an account reserved for emergency repair of water resources <br />infrastructure systems to avoid potential economic losses. The money in the account is <br />continuously appropriated to the Board for inunediate availability primarily for emergency repair <br />of water storage systems or water distribution systems. The account is intended to provide <br />flexibility for the Board to make funds available in a timely manner in situations similar to the <br />emergency that developed at Sanchez Reservoir in 1992. <br /> <br />The balance in the Emergency Infrastructure Repair Account was $1,532,500 on June 30, <br />1995. The following projects have been authorized by the Board and constructed through the <br />Emergency Account. <br /> <br /> Approved Contract <br />Year Borrowerffimer!!encv Conntv Amount Amount <br />1993 Summit Reservoir and Irrigation Company - Montezuma 60 .000 33,000 <br /> Repair a slide on the Summit Reservoir Dam and <br /> Repair a portion of the Lost Canyon Ditch <br />1994 Windsor Canal and Reservoir Co. - Larimer 300.000 300,000 <br /> Poudre Valley Canal Slide Repairs <br />1994 Town of Rangely - Rio Blanco 34,000 34,000 <br /> Raw Water Intalce Structure Repairs <br />1995 Castle Pines North Metro District - Douglas !01,5oo 100.500 <br /> Rehabilitate Well A-I '. . <br /> Total 467,500 <br /> <br />CWCB Annual Report, page 9 <br />