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Last modified
8/16/2009 2:54:54 PM
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10/4/2006 6:45:21 AM
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Board Meetings
Board Meeting Date
1/12/1998
Description
1998 Legislative Issues - Financing of Water Resource Projects by the Colorado Water Resources and Power Development Authority
Board Meetings - Doc Type
Memo
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<br />~-_.,- Untitled <br /> <br />Page 2 of 4 <br /> <br />Changes the date for submission of the authority's annual report from March 3 I to <br />April 30. <br /> <br />. In the legislative declaration of the purposes of the Act, removes the existing <br />limitation that the only generation of electric energy authorized by the Act is <br />generation from hydroelectric facilities "supportive ofa project", <br /> <br />Be it enacted by the General Assembly of the State of Colorado: <br /> <br />SECTION 1. 37-95-103 (5), (6), and (12,5), Colorado Revised Statutes, are <br />amended to read: <br /> <br />37-95-103. Definitions. As used in this article: <br /> <br />(5) (a) "Governmental agencies" means departments, divisions, or other units of state <br />government, special districts, water conservation districts, metropolitan water <br />districts, conservancy districts, irrigation districts, ENTERPRISES, municipal <br />corporations, counties, cities, and other political subdivisions, AND the United States <br />or any agency thereof. aed <br /> <br />. <br /> <br />(b) "GOVERNMENTAL AGENCIES" ALSO INCLUDES any ENTITY, agency, <br />commission, or authority established BY ANY GOVERNMENTAL AGENCY <br />SPECIFIED IN PARAGRAPH (a) OF THIS SUBSECTION (5), INCLUDING, <br />WITHOUT LIMITATION, THOSE ESTABLISHED pursuant to an interstate <br />compact or OTHER INTERGOVERNMENTAL COMPACT OR agreement. <br /> <br />(6) "Hydroelectric facilities" means facilities for the hydrogeneration or transmission <br />of electric power and energy. de'ielspea ia eel1fleeticm ',vita aay water ffiaBagement <br />faeility, <br /> <br />(12.5) (a) (I) "Small water resources project" means any water management facility <br />or hydroelectric facility financed in whole or in part by the authority, the construction <br />cost of which is estimated by the authority, on or prior to the date of issuance of the <br />first series of bonds or notes therefor, to be no more than taft TWENTY-FIVE million <br />dollars. <br /> <br />(II) For the purpose of this subsection (12.5), "construction cost" means t-he cost sf <br />ALL COSTS RELATED TO AND INCURRED IN CONNECTION WITH THE <br />PROJECT, INCLUDING, WITHOUT LIMITATION, ALL COSTS OF: <br /> <br />(A) PLANNING, design, AND engineering; <br /> <br />(B) ENVIRONMENTAL REVIEW, DOCUMENTATION, AND MITIGATION; <br /> <br />(C) Physical construction; <br /> <br />(D) Financing; <br /> <br />. (E) Financing reserves; <br /> <br />http://www.state.co.us/gov_dir/leg_dir/sessI998/sbills98/sb078.htm <br /> <br />1/21198 <br />
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