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<br />. <br /> <br />. <br /> <br />. <br /> <br />not intend to pursue the project. Accordingly, the Board voted <br />at its January 14-15, 1985, regular meeting to recommend that <br />this project be de-authorized. The town does not object. <br /> <br />Compliance with Construction Fund Criteria <br /> <br />since the adoption in 1981 of the criteria set forth in <br />section 37-60-121 (l)(b), CRS, as amended, all actions taken ?y <br />the Board concerning the construction fund program have been ~n <br />compliance with those criteria. In particular, the Board has <br />taken the following steps: <br /> <br />1. Over two-thirds of the Board's cost of the projects <br />recommended since the adoption of the subject criteria <br />have been for projects which will increase the <br />beneficial consumptive use of Colorado's compact <br />entitlements. <br /> <br />2. No applications for domestic water treatment and dis- <br />tribution systems or flood control projects have been <br />accepted by the Board since March, 1981. <br /> <br />3. All feasibility studies initiated by the Board include <br />the information required by criteria (IX). <br /> <br />Expenditures During FY 83-84 <br /> <br />The following expenditures of construction fund moneys were <br />made during FY 83-84 pursuant to section 37-60-121 (4), CRS, as <br />amended: <br /> <br />Personal Services <br />Operating <br />Travel <br />Capital <br /> <br />$109,810 <br />12,801 <br />13,263 <br />4,972 <br /> <br />Total <br /> <br />$140,846 <br /> <br />Status of Construction Fund <br /> <br />Pursuant to H.B. 1320 (1983 Session), $24.6 million was <br />transferred from the construction fund to the fiscal emergency <br />fund in FY 1982-83. About $6.25 million has been restored to the <br />construction fund thus far in fiscal 1984-85 pursuant to H.B. <br />1441 (1984 Session). By statute (section 24-75-211(2)(c), CRS, <br />as amended), the balance of the moneys borrowed is to be restored <br /> <br />-2- <br />