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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 />I <br />I <br />I <br /> <br />3.10 Loan Projects Recommended for Deauthorization <br /> <br />Authorized projects which show no activity may be deauthorized to allow new projects to <br />proceed, especially those that may have a better chance of coming to fruition. If an appropriation <br />has not been encumbered within two years after legislative approval, the Board staff will work with <br />the project sponsor to determine if the project can go forward or ifit should be deauthorized, After <br />a project has been completed, the remaining unspent but still encumbered funds are deauthorized as <br />soon as possible. <br /> <br />At its November 1996 meeting, the Board recommended 6 projects totaling $1.43 million be <br />deauthorized by the General Assembly in FY 96-97 as listed in Table 6 below, <br /> <br />TABLE 6 <br />Colorado Water Conservation Board <br />Loan Projects Recommended for Deauthorization in FY 96-97 <br /> <br /> Auth. Bill Amount Amount Amount <br />Name and Year Authorized Deauthorized Remaining <br />Meyering Livestock Co, - HB 83-1102 $425,000 $425,000 $0 <br />Hyannis Peak Reservoir <br />Redlands Water & Power Co,- SB 89-85 $420,000 $420,000 $0 <br />Redlands Rehabilitation <br />Bull Basin Res, & Irrig, Co, - SB 94-029 $25,000 $25,000 $0 <br />Bull Basin Res, No.2 Outlet Rehab. <br />Lower Clear Creek Ditch Co. - HB 95-1155 $60,000 $60,000 $0 <br />Diversion Darn Rehabilitation <br />Colo, Agriculture Ditch Co. - HB 95-1155 $60,000 $60,000 $0 <br />Diversion Darn Rehabilitation <br />Buckeye Lateral Ditch Association - HB 95-1155 $440,000 $440,000 $0 <br />Ditch Rehabilitation <br />TOTALS $1,430,000 $1,430,000 $0 <br /> <br />CWCB FY96 Annual Report, page 23 <br />