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<br />e <br /> <br />e <br /> <br />e <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 />Dam Site Inventorv <br /> <br />H.B. 1011 (1986), codified at section 37-60-115(4). CRS, <br />directed the Board to prepare an inventory of potential dam and <br />reservoir sites in the state. The inventory was prepared by <br />obtaininq information from federal, state, and local water <br />entities and the State Enqineer's. water riqhts tabulation. As <br />directed, the inventory is on a computerized retrieval system <br />and can be continuously updated. <br /> <br />Section 37-60-ll5(4)(d) requires the Board to identify and <br />report annually to the General Assembly on any potential <br />reservoir sites which may be encroached upon by incompatible <br />land uses. To accomplish this, and to refine and update the <br />initial inventory, the Board was authorized to make further <br />expenditures from the construction fund for this purpose. <br /> <br />Because of the short interval between completion of the <br />inventory and this report, the Board has just beqan <br />preparations to update the status of reservoir sites. The <br />Board will report further when siqnificant findinqs become <br />available. <br /> <br />Administrative Expenditures Durina FY 87-88 <br /> <br />The followinq expenditures of construction fund moneys <br />were made durinq FY 87-88 pursuant to section 37-60-121 (4)(a), <br />CRS, which moneys were appropriated by the lonq bill for FY <br />87-88: <br /> <br />Personal Services, Operatinq <br />and Travel <br />Capital <br />Leqal Services <br /> <br />$451,965 <br />10,127 <br />16.707 <br /> <br />$478,799 <br /> <br />Total <br /> <br />Status of Construction Fund <br /> <br />The cumulative status of the construction fund from its <br />inception throuqh December 31, 1988, is shown in Table 2. The <br />neqative balance is of major concern to the Board. Althouqh <br />loan repayments, interest on monies in the fund, and federal <br />mineral leasinq payments provide several million dollars <br />annually, and while there is usually a one or two year time laq <br />between authorization of a project and actual construction, it <br />is clear that the Board's project construction proqram cannot <br /> <br />-5- <br />