BOARD00349

• Board Meeting Date: 9/9/1980
• Description: CWCB Meeting
• Board Meetings - Doc Type: Meeting

ctembers, Colorado Bater Conservation Board
July 1, lS80
Page five

In keeping with this concept, the Board established a limit
on the amount of state funds to be made available for pro-
posed ~rojects. In essence, this policy provided that
state funds totaling one-half of the estimated project
cost up to but not exceeding one million dollars would be
recommended.

We know from applications received that future proposed
projects, because of their increased scope, will require
substantially increased funding in many cases. Under
these circumstances, should the present limit of one
million dollars of state funds be retained or should it be
increased? Should the upper limit of state funds be fixed
by dollar amount or a percentage limit?"" If but one or
two projects would consume all available funds, should the
state even participate in such projects?

2, Service charges.

Section 37-60-119(2), Colorado Revised Statutes 1973,
provides that contracts entered into with any project
sponsor may provide for such charges to the using entity
as, in the opinion of the Board, are necessary and reason-
able to recover the Board's capital investment, together
with operational, maintenance and service charges over the
term of years agreed upon by contract.

In the December, 1979 meeting, the Board
service charges for the various purposes
project. These are:

adopted fixed
served by the

Irrigation
Municipal and Industrial ~ater
Flood Control and Recreation
Overruns of cost ceilin5

2 percent
3 percent
4 percent
5 percent

Should these fixed charges be retained or should they be
variable so as to accord a higher priority to certain
types of projects (e.g., the rate could be a function
solely of an entity-'s ability to pay)?