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<br /> <br />. 07-Z2-2003 15 :24 <br />, <br /> <br />FROM-~OlOR~DO WATER CONSERVATION BOARD <br /> <br />3038SS4474 <br /> <br />T-185 P.OOS/OOS F-38S <br /> <br />t~CAty-..~611t doH...! ofthc i...... ~..Ltdicd b. sa1IM.d:,..alr.~aph (A) of1bi:t <br />subp...~to..~ (H) ......7 1>.. .....~4dcd .:......10&5;....1:, lva .....pes,"! {dated t..th,~ <br />Wqih,.d Moulttain ~~.....:h. J'll~jC;tt, ...t~~lluM, 40..4 lIS the "M~r <br />. . c....J.. paojttt". . . <br /> <br />. S:tCTIO~ 20.37-60-122 (1) (b). Colorado Revised Statu~es. is <br />amended to read; <br /> <br />37-66-122. General assembly approval. (1) Moneys il1 th,~ <br />Colorado water eonservation board construction fund shall be expended ill <br />. . the following manner and under the following circumstances: <br /> <br />(b) The general assembly may authorize such projects as it deems <br />to be to the advutage of the people of the state ofC6loradll and shall direct <br />the board to proceed with said projects in the priorities established by the <br />general assembly under tcml5 approved by the genexul assembly. The <br />. board is authoriZed to make loans without general assembly approval D!l <br />amounts not to exceed one FIVE. million' dollars. The unappropdated <br />balance of moneys in the Colorado water consexvation board constnllCtiO:ll <br />. fund and the state sev&uce tax truSt fund pfJPetual base account shall be <br />Ilvailable and continllOqsly appropriated for this pUIpose. The boiU'd shall <br />submit a wrinen determination of the basis for such project loans to the <br />genc:ral assembly by Ianumy 15 of the year following the year in which the <br />loan was made. <br /> <br />~ECTION 21. Safety clause. The general assembly'hereliy :finds, <br /> <br />'. <br /> <br />.. <br /> <br />PAGE lZ-SENATE BILL 03~110 <br />