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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 />PREFACE <br /> <br />The CWCB Construction Fund is an important tool for providing low-interest loans to construct <br />and repair water resources infrastructure in Colorado, The fund is primarily designed to help <br />develop new water storage capacity and to capture lost storage through repairs and rehabilitation of <br />existing structures, <br /> <br />This year, the Colorado Water Conservation Board will seek legislative authorization to provide <br />spending authority totaling $17,9 million, The 1997 Construction Fund bill includes authority to <br />make low interest loans totaling $11,0 million to fund 17 water development projects statewide, <br />$2.0 million for loan account transfers, and $5.0 million in grants for II studies and projects. The <br />grants include provisions for continued CWCB funding support for computerized systems and <br />investigations that will enable the state to better plan and manage its water resources, <br /> <br />~€.~.~ <br /> <br />+ Daries C, Lile, Director <br />Colorado Water Conservation Board <br /> <br />hI~ ?g;-~F <br /> <br />William p, Stanton, Chief <br />Project Planning and Construction Section <br /> <br />CWCB FY96 Annual Report, page iii <br />