BOARD01027

• Board Meeting Date: 7/23/2002
• Description: CF Section - Finance Matters - Water Resources and Power Development Authority Request to Terminate the CWCB MOU
• Board Meetings - Doc Type: Memo

Members ofCWCll and Rod Kuharich
July 22, 2002
Page Two

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Leeislation . Soecial Session

Several bills, dealing with the issuance of revenue bonds for water projects, were introduced,
The Authority Board was concerned that these proposals would interfere with the DWRF,
WPCRF and Small Water Resources and Water Revenue programs. None of these proposals
made it through the session,

Animas - LaPlata Project \

On July 17, the Project Operations Committee met to review the draft bylaws. Under the draft
bylaws there are 8 voting members, including the State of Colorado, making decisions on Project
operations, It may be useful during future operating discussions to have the State participate as a
full member and to appoint a local representative as an alternate,

Also on July 17, the Project Construction Committee met to tour the construction site of the inlet
pipeline sleeve. The 600-foot sleeve is an 84-inch corrugated metal pipe and requires the
excavation of a 6O-foot deep trench. The inlet pipe is 'expected to be 72 inches in diameter. This
$1.48 million phase was initiated in late June with completion scheduled for the end of
September. Weeminuche Construction Company (Ute Mountain Ute) is the contractor,

The Authority and the Animas-LaPata WCD (ALPWCD) are nearly finished with an agreement
to market the 2600 acre-feet of average annual depletion from the Project. In addition, the
Authority and the ALPWCD are working on the Future Projects Escrow ($15 million) for the
LaPlata River drainage area. The escrow will be reviewed at the Authority's August 23 meeting,

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Future Board Meetines

August 23 - Vail (2:00 p,m., after the CWC conference)
October 4 - Cortez
December 6 - Denver

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