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<br />CWR&PDA Report <br />March 15, 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 />districts 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 the 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 />