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<br />. .' <br /> <br />.- <br /> <br />.' <br /> <br />. <br /> <br />. . <br /> <br />Draft - Alternative Approach, December 30, 1997 <br />Propaocd W.t... Rcsourc.:s Ad of 1997 <br />1'.SC3 <br /> <br />project funding alternatives and the establishment of a stale water needs data base. <br /> <br />SHtion 1 <br /> <br />The Legislature shall establish a(state waler project investment fund) The purpose of the <br />fund would be to provide a mechanism for the state to invest in water projects identified pursuant <br />to Section 1 (this would be a separate fund from the CWCB construction loan fund). The cwcn <br />would make annual recommendations to the Colorado General Assembly on the use of the <br />investment fund, The House and Senate Agricultural Committee would act as the oversight <br />committee. <br /> <br />(lUlII;",,: Should the Ilal. i"."",tment },. Ilmi"J 10 rhe IIQ'~wid~ fJr nan-reinJh~/-.sI,b/~ I'llhUc <br />HMfiu? <br /> <br />S~tion 3 <br /> <br />The eWCB would receive an@lpropriati~)from the General Assembly to carry our the <br />activities in Section I. The General Assembly would\!ppropriate)$xxx for the investment tilOd. <br /> <br />So ""'''ce.(sy <br /> <br />Qut.III'III: Is Ihls confusing? Should 'W' /'tl,r 10 lilt sl4/tfunJ .... something JiUrl'lmtlhun (III <br />"Invest",.nt fund? <br /> <br />~'"", -+" Wh e. S 4 '?",v- I)""", Av::\-t. ? <br />