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<br />, , <br /> <br />, <br /> <br />. <br />. <br /> <br />e <br /> <br />4. <br /> <br />with respect to the performance of planning studies which : <br /> <br />the Board ,and the Authority are, by their respective acts, <br />authorized to perform: <br /> <br />A. The Authority ,does not intend to undertake further <br /> <br />basin-wide general wate;: planning studies. <br /> <br />If circumstances' <br /> <br />require a change in this plan, the Authority will' invite the Board <br /> <br /> <br />to conduct such studies at the cost of the Authority as its agent <br /> <br />pursuant to Section ~7-95-106(1) tk) (II), C.R.S., and pursuan~ 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 />e <br /> <br />be from t~e to time required to consummate the financing of <br /> <br />particular, site specific projects. ,The,Authority will invite the <br /> <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 /> <br />conduct such studies at the cost of the Authority as its agent <br /> <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 />pursuant to subparagraph A or B of' this paragraph 4, the Authority <br />will invite the Board to advise it of 'the Board's view about such <br />study. The Board will promptly forward its views in writing to the <br /> <br />e <br /> <br />-2- <br />