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<br />CWCB PY96 Annual Report, page 10 <br /> <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 />I <br />I <br />I <br /> <br />2.7 Emergency Infrastructure Repair Account <br /> <br />In 1993 through HB 93-1273, the Legislature authorized the Board to set aside $2,0 million of <br />Construction Fund money in an account reserved for emergency repair of water resources <br />infrastructure systems to avoid potential economic losses, The money in the account is continuously <br />appropriated to the Board for immediate availability primarily for emergency repair of water storage <br />systems or water distribution systems. The account is intended to provide flexibility for the Board <br />to make funds available in a timely manner in situations similar to the emergency that developed at <br />Sanchez Reservoir in 1992, <br /> <br />The Board approved 3 emergency loans in FY 94, 2 emergency loans in FY 95, and no <br />emergency loans in FY 96, The balance in the Emergency Infrastructure Repair Account was <br />$1,532,501 on June 30,1996. <br /> <br />Two additional emergency loans were approved by the Board at their November 1996 meeting. <br />Considering all projects authorized by the board, as of January I, 1997, there was $1,040,000 <br />available in the account. <br /> <br />The following projects have been authorized by the Board through the Emergency Infrastructure <br />Repair Account. <br /> <br />Date Approved Contract <br />Aooroved Borrower - Emere:encv Countv Amount Amount <br />Jul1993 Sununit Reservoir and Irrigation Company - Montezuma $ 60,000 $ 33,000 <br /> Repair a slide on the Sununit Reservoir Dam and <br /> Repair a portion of the Lost Canyon Ditch <br />Jan 1994 Windsor Canal and Reservoir Co, - Larimer 300,000 300,000 <br /> Poudre VaHey Canal Slide Repairs <br />Peb 1994 Town of Rangely - Rio Blanco 34,000 34,000 <br /> Raw Water Intake Structure Repairs <br />Nov 1994 Castle Pines North Metro District - Douglas 101,500 100,500 <br /> Rehabilitate Well A-I <br />Nov 1995 City ofIdaho Springs - Clear Creek 130,000 130,000 <br /> Diversion Structure Repairs <br />Nov 1996 Consolidated Extension Canal Co, - Las Animas 300,000 300,000 <br /> Siphon Rehabilitation <br />Noy 1996 Mancos Water Conservancy District- Montezuma 62,500 62,500 <br /> Peeder Ditch Slide Repair ---------- -------- <br /> Totals $988,000 $960,000 <br />