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<br /> <br />Pririt <br /> <br />1 <br /> <br />j <br /> <br />6 <br /> <br /> <br /> Repayment .' <br /> Project Board Period Total <br /> Name Loan (Years ) Repayment <br />Canon Heights <br />Canals $ 65,500. 25 $ 116,180.25 <br />Alsbury Dam 35,000 20 56,168.00 <br />Coon Creek <br />Reservoirs 55,0001 25 97,556.25 <br />Juni ata <br />Pipel ine 250,000' 25 443,437.50 <br />Barnes Meadow <br />Dam 215,000 20 345,032.00 <br />Redlands <br />Rehabilitation" 420,000 40 979 , 104.00 <br /> ; <br />Totals $1,040,5QO $2,037,478.00 <br /> <br />he moneys for this prOject shall ~ot be made available by <br />he board until the board has, in its sole discretion, <br />etermined that the project is technically and financially <br />ieasible. . <br /> <br />, (2) The Colorado water coriservation board shall make <br />oans for the construction of ~ach project specified in <br />ubsection (1) of this section from such moneys as are, or may <br />hereafter become, available to theiColorado water conservation <br />board construction fund. The board shall not disperse any <br />moneys for any loan authorized by subsection (1) of this <br />section until it is satisfied, in its sole discretion, that <br />the reCipient of any such loan wHl be able to make repayment <br />pursuant to the terms and conditipns established by the board <br />and by subsection (1) of this sec~ion. Said loans shall be in <br />the amounts listed in subsection 11) of this section plus or <br />. minus such amounts, if any, as may be justified by reason of <br />ordinary fluctuations in construction costs as indicated by <br />the engineering cost indices applicable to the types of <br />construction required for each prpject or as may be justified <br />by reason of changes made to thei plans for a project if those <br />changes are required by final, engineering drawings and <br />specifications or by federa.l lor sta.te requirements. The <br />board's loan for each project sp~cified in subsection (1) of <br />this section shall be for fifty percent of the total <br />construction cost of a project. ! <br /> <br />(3) Contracts entered into by the Colorado water <br />conservation board pursuant to section 37-60-119 (2), Colorado <br /> <br />-~) <br /> <br />PAGE 2-SENATE BILL NO. 85 <br /> <br />