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<br />-7 - <br /> <br />Tape 1, Track 2 3:15:20-3:34:29 <br />Action: A motion was made by Greg Hoskin with a second by Keith Catlin to approve staff <br />recommendation that the Board request the General Assembly to authorize $52,500 <br />from the Construction Fund to be appropriated to the Colorado Water Conservation <br />Board for conducting an inventory of acres infested by tamarisk and other non-native <br />invasive phreatophytes in the Arkansas and Colorado River Basins in cooperation <br />with the Tamarisk Coalition and/or with the U.S, Dept. of the Interior. The CWCB <br />funds shall not exceed 50% of the actual total costs on conducting the inventory, <br />Motion was approved 8-0, Greg Walcher and Carolyn McIntosh were not present. <br /> <br />b, CWCB-South Platte River Decision Support System <br />Tape 1, Track 2 3:34:29 - 3:37:40 <br />Action: A motion was made by Bob Burr with a second by Harold Miskel to approve the staff <br />recommendation to request the General Assembly to authorize $2,500,000 from the <br />Construction Fund to be appropriated to the Colorado Water Conservation Board for <br />year three work tasks associated with the South Platte Decision Support System, <br />Motion was approved 8-0, Greg Walcher and Carolyn McIntosh were not present. <br /> <br />11. Water Supply Planning and Finance - Changes to Existing Loans <br />a, Lake Meredith Reservoir Company - Lake Meredith Outlet Channel Reconstruction <br />Tape 1, Track 2 3:37:40 - 3:52:29 <br />Action: A motion was made by David Smith with a second by Harold Miskel to approve the <br />staff recommendation to approve a loan authorization increase of $471,500 from the <br />Construction Fund, The additional $471,500 increment of funding would be for 30 <br />years at a lending rate of 4,00%, The total funding level for this project would be <br />$1,471,500 or 75% of the total project costs, Security for the Loan will be a first <br />interest pledge of assessment revenues backed by an assessment covenant and a first <br />lien on the project itself, in accordance with Policy #5 (Collateral), <br /> <br />The following conditions will be met prior to entering into a contract for the <br />additional loan increment of funding: <br />1. The loan increase shall be contingent upon all standard-contracting provisions <br />of the Colorado Water Conservation Board, <br />2, The loan increase will include a 1 % origination fee charged in accordance <br />with the CWCB policy #16, <br />Motion was approved 8-0, Greg Walcher and Carolyn McIntosh were not present. <br /> <br />12, Water Supply Planning and Finance - Changes to Existing Non-Reimbursable <br />Investments <br />a, Fountain Creek Transit Loss Study <br />Tape 1, Track 2 3:52:29-3:57:01 <br />Action: A motion was made by Harold Miskel with a second by Ray Wright to approve the <br />staff recommendation that the Board request the General Assembly to authorize, with <br />no new appropriation, an additional purpose for the funds previously authorized from <br />the Construction Fund in Section 12 of HBOO-1419 by revising the language in this <br />year's Construction Fund Bill. Motion was approved 8-0, Greg Walcher and <br />Carolyn McIntosh were not present. <br /> <br />Flood Protection. Water Project Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br />