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Last modified
8/16/2009 2:55:55 PM
Creation date
10/4/2006 6:46:56 AM
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Board Meetings
Board Meeting Date
3/22/2005
Description
CF Section - General Matters Review Colorado Water Resource & Power Development Authority Memorandum of Understanding
Board Meetings - Doc Type
Memo
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<br />.- <br /> <br />Authority. The Authority will consider the Board's views before <br /> <br />proceeding with such studies. <br /> <br />Final decisions concerning such <br /> <br />studies shall lie with the Authority. <br /> <br />D. The Soard shall require all applicants for financing <br /> <br />from its Colorado Water Conservation Board Construction Fund to <br /> <br />include in any feasibility study or other request for financing a <br />thorough exploration of all other means of financing. <br /> <br />E. It is recognized that Section 37-95-103(12. 5) (b), <br /> <br />C.R.S., delimits the expenditure of Authority funds for small water <br /> <br />resources projects. <br /> <br />.'~~~'}~ <br />-:::")'-j <br />:"-.", <br />,,-,.j <br /> <br />5. The Board shall, as early as possible, prior to making <br /> <br />any recommendation to the General Assembly for approval of a <br /> <br />construction fund loan to a governmental entity, request a review <br /> <br />by the Authority of its anticipated ability to provide, in whole or <br /> <br />~n part, project financing under those loan programs of the <br /> <br />Authority in which loan proceeds originate from the issuance and <br />sale of bonds. Such request shall include sufficient information <br /> <br />about the gover~ental entity and its proposed project to permit <br /> <br />the Authority to make an informed analysis of the request. The <br /> <br />Authority will respond thereto in writing promptly with its <br /> <br />findings. ~en the Board seeks authorization for such a loan from <br /> <br />., \ <br /> <br />the General Assembly, it will forward to the General Assembly the <br /> <br />-3- <br /> <br />, <br /> <br />. <br /> <br />. <br /> <br />. <br />
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