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Last modified
3/26/2010 3:55:22 PM
Creation date
9/30/2006 10:22:08 PM
Metadata
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Template:
Publications
Year
1998
Title
Construction Fund Annual Report 1998
CWCB Section
Finance
Author
CWCB
Description
Construction Fund Annual Report 1998
Publications - Doc Type
CF Annual Report
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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />----------- --I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />the understanding that is all the cash available at this time and that additional cash should be <br />transferred into this account as its available during the next several years. The CWCB recommended <br />legislative approval of this arrangement as a clear indication of the state's willingness to support the <br />proposed federal legislative allocation and limitation of recovery program costs. <br /> <br />5.9 <br /> <br />Change in the Session Laws <br /> <br />In 1997, the General Assembly approved the CWCB recommendation that monies from the Fish <br />and Wildlife Resources Accoimt wiihin the CWCB construction fund be made available to the <br />recovery program to help implement improvements to the Grand Valley Canal. These improvements <br />are intended to reduce admiriistrative spills by the canal and, as a result, increase stream flows <br />available for recovery ofthe endangered fish. These improvements are being planned and will be <br />implemented with full cooperation of the Grand Valley Water Users Association and without any <br />impairment of their beneficial uses. In order to provide more flexibility in the delivery of those <br />monies, in 1998 the Board recommended the name of the grant recipient be changed from the "U.S. <br />Fish and Wildlife Service" to the "participants of the Colorado River Recovery Implementation <br />Program." This recommendation was supported by the Grand Valley Water Users Association and <br />Recovery Program participants. <br /> <br />5.10 Change in Statutes <br /> <br />In 1997, the Department of Natural Resources Controller's Office determined that, while the <br />Board had statutory authority to receive funds for cooperative projects with local governments, the <br />CWCB techpically did not have the statutory authority to expend such monies. In 1998 the Board <br />recommended the state statutes be amended to allow the Board to expend funds received in <br />managing cooperative project~)so that the Board has the same authority as other DNR agencies. <br /> <br />:'1', <br /> <br />, . . , <br /> <br />;';' <br /> <br />CWCB FY98 Annual Report, page 38 <br />
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