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<br />~ <br />.. <br /> <br />} <br /> <br />4. <br /> <br />With respect to the performance of planning studies which <br /> <br />. <br /> <br />the Board and the Authority are, <br /> <br />by their <br /> <br />respective <br /> <br />acts, <br /> <br />authorized to perform: <br /> <br />A. The Authority does not intend to undertake further <br /> <br />basin-wide general water planning studies. <br /> <br />If circumstances <br /> <br />require a change in this plan, the Authority will invite the Board <br /> <br />to conduct such studies at the cost of the Authority as its agent <br /> <br />pursuant to Section 37-95-106(1) (k) (II), C.R.S., and pursuant to <br /> <br />such terms and conditions as may be mutually agreed. <br /> <br />B. The Authority intends to conduct such studies as may <br /> <br /> <br />be from time to time required to consummate the financing of <br /> <br />".'.."'.."'.. <br />'-".':J <br /> <br />. <br /> <br />particular, site specific projects. The Authority will invite the <br /> <br />Board to advise it of the Board's ability to manage such studies, <br /> <br />and the proposed terms and conditions of such management services. <br /> <br />The Authority shall then decide if it desires to have the Board <br /> <br />conduct such studies at the cost of the Authority as its agent <br /> <br />pursuant to Section 37-05-106 (1) (k) (III), C.R.S., and pursuant <br /> <br />to such terms and conditions as may be mutually agreed upon. <br /> <br />C. Before any study is initiated by the Authority <br /> <br />pursuant to subparagraph A or B of this paragraph 4, the Authority <br /> <br />will invite the Board to advise it of the Board's view about such <br /> <br />., study. The Board will promptly forward its views in writing to the <br /> <br />. <br /> <br />-2- <br />