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. 1987 ANNUAL REPORT TO THE COLORADO GENERAL ASSEMBLY FROM THE COLORADO WATER CONSERVATION BOARD January, 1987 Introduction section 37-60-122 (l)(a), CRS, directs the Colorado Water Conservation Board to submit an annual report to the General Assembly. The purpose of this annual report is twofold. First, section 37-60-122 (l)(a), CRS, directs the Board to report on the proposed facilities which the Board recommends be constructed with moneys appropriated or otherwise credited to the construction fund created pursuant to section 37-60-12l (1), CRS. Section 37-60-122 (l)(a) also directs that the Board's report include suggested priorities for the funding of such proposed facilities. . Second, section 37-60-12l (l)(C), CRS, directs the Board to apprise the General Assembly of the steps taken to comply with the criteria set forth in section 37-60-12l (l)(b), CRS. In consideration of making expenditures from the construction fund, the Board is to be guided by the subject criteria. . , Proiects Recommended for Authorization At its January 22-23, 1987, regular meeting, the Board voted to recommend that eight projects be authorized, subject to the terms of financing set forth in Table 1. Brief summaries of each proposed project are enclosed. Compliance with Construction Fund Criteria Since the adoption in 1981 of the criteria set forth in section 37-60-121 (l)(b), CRS, actions taken by the Board concerning the construction fund program have been in compliance with those criteria. In particular, the Board has taken the following steps: 1. Over two-thirds of the Board's cost of the projects recommended since the adoption of the subject criteria have been for projects which will increase the beneficial consumptive use of Colorado's compact entitlements. 0069E .