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e e e 1989 ANNUAL REPORT TO THE COLORADO GENERAL ASSEMBLY FROM THE COLORADO WATER CONSERVATION BOARD January, 1989 Introduction Section 37-60-122 (l)(a), CRS, directs the Colorado Water Conservation Board to submit an annual report to the General Assembly. The purposes of this annual report are fourfold. 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 37-60-121 (I), CRS. Section 37-60-122 (1) (a) also directs that the Board's report include suggested priorities for the funding of such proposed facilities. Second, section 37-60-121 (l)(c), CRS, directs the Board to apprise the General Assembly of the steps taken to comply with the criteria set forth in section 37-60-121 (1) (b), CRS. In consideration of making expenditures from the construction fund, the Board is to be g,uided by the subject criteria. Third, section 37-60-115(4)(d), CRS, requires the Board to report annually on any potential reservoir sites which may be encroached upon by incompatible land uses. The initial dam site inventory for which section 37-60-115(4) calls was completed about a year ago. Finally, this report covers such additional matters concerning the use and status of the construction fund as the Board believes desirable to bring to the General Assembly's attention. proiects Recommended for Authorization The Board recommends that five new projects be authorized to receive loans subject to the terms of financing set forth in Table 1. Brief summaries of each proposed project are enclosed. The Board further recommends that the General Assembly authorize it to expend $6,000,000 from the construction fund on a non-reimbursable basis for the cost-sharing which Congress imposed last October on the federal Closed Basin Project. A summary of this proposal is also enclosed. 0069E