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BOARD00195
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Last modified
8/16/2009 2:46:53 PM
Creation date
10/4/2006 6:33:11 AM
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Board Meetings
Board Meeting Date
3/20/2000
Description
Water Resources and Power Authority Director's Report
Board Meetings - Doc Type
Memo
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<br />,\, <br /> <br />CWR&PDA Report <br />March 16, 2000 <br />Page 2 <br /> <br />. <br /> <br />Leaislation <br /> <br />The Authority has been recently involved in discussions concerning the financing of capital construction <br />projects for school districts. The Authority could act as a conduit issuer to facilitate the pooling of multiple <br />distJicts into a single bond issue, much as we do with the DWRF and WPCRF, In addition. if there are funds <br />available from the State, the Authority could structure a revolving fund with specific levels of subsidy. The <br />amendment to HBOO-1159, Changing the Authority's statute, was voted down in the Senate Education <br />Committee on March 2. An alternative to this approach may have the Authority acting as a loan <br />administrator for a school district revolving loan fund, The involvement of lhe Authority in this type of <br />financing is unclear at this time. <br /> <br />Future Board Meetinas <br /> <br />April 20, Denver <br /> <br />. <br /> <br />. <br />
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