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<br />~2 <br /> <br />I <br /> <br />thought the members of the State Board should know the <br />purpose of, to secure some background information which the <br />Committee felt the University was qualified to provide in <br />the matter of economic potentials of the Western Slope, which <br />is quite apart from the water resource study by Mr. Riter. <br />Mr. Riter's committee is essentially a water resource group. <br />The Bureau of Business Research will check into the potentials <br />of the basins, from an economic and business standpoint. H <br /> <br />Mr. Crawford pointed out that both studies would be <br />integrated when the final results were in and would show <br />the demand for water. <br /> <br />Mr. Saunders said the completion of the economic report <br />at an early stage would be of benefit to the .Research Committee <br />and that the expenditure of $1500 at this time would expedite <br />this report. <br /> <br />Mr. Dille moved that such action be approved by the Board <br /> <br />Mr. Headlee seconded the motion. <br /> <br />Mr. McCormick questioned the necessity of paying for such <br />service when the individuals doing the work are already being <br />paid out of state funds. He added that he thought this work <br />should be done by the University of Colorado without any <br />extra compensation. <br /> <br />Mr. Crawford explained that this work will not be done <br />by employees paid by funds appropriated by the State but by <br />part time graduate students and full employees whose salaries <br />come from charges made for the service. All funds we pay <br />the University replaces money the University spends to make <br />this service available. Salaries earned on this work are not <br />paid from appropriations but come from income produced by <br />contracts of this nature. <br /> <br />I . <br /> <br />Mr. McCormick asked whether the University would assume <br />the responsibility for the accuracy of the report. <br /> <br />Mr. Crawford answered that he thought they would do so <br />within reasonable limits. <br /> <br />The chairman called for a vote on the motion. <br /> <br />The motion was unanimously carried. <br />