BOARD01416

• Board Meeting Date: 3/29/1999
• Description: Legislation - Construction Fund Legislation and HB 98-1006 Amendment
• Board Meetings - Doc Type: Memo

DATE: 03/19/99 TIME: 11:46 AM TO: 3038662115
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FROM: 303-866-5841

PAGE: 014-015

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remaining in the small project loan account at the end of any fiscal year shall

2 remain in the account and shall not revert to the Colorado water conservation

3 board construction fund.

4 (5) (a) THERE IS HEREBY CREATED IN THE STATE TREASURY AS PART

5 OF THE COLORADO WATER CONSERVATION BOARD CONSTRUCTION FUND THE

6 FEASffilLITY STUDY SMALL GRANT ACCOUNT FOR THE PURPOSE OF MAKING

7 SMALL GRANTS TO HELP PAY THE COSTS OF PREPARING WATER PROJECT

8 FEABffilLITY STUDIES. THE COLORADO WATER CONSERVATION BOARD SHALL

9 APPROVE SMALL FEABffilLITY STUDY GRANTS BASED SOLELY ON CRITERIA

10 ADOPTED BY THE BOARD.
11 (b) THE STATE TREASURER IS HEREBY AUTHORIZED AND DIRECTED
12 TO TRANSFER TWO HUNDRED THOUSAND DOLLARS FROM THE COLORADO

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WATER CONSERVATION BOARD CONSTRUCTION FUND TO THE FEASffilLITY

14 STUDY SMALL GRANT ACCOUNT. THE MONEYS IN THE FEABffilLITY STUDY

15 SMALL GRANT ACCOUNT ARE HEREB Y CONTINUOUSLY APPROPRIATED TO THE

16 BOARD FOR GRANTS IN COMPLIANCE WITH THIS SUBSECTION (5). ALL

17 INTEREST DERIVED FROM THE INVESTMENT OF MONEYS IN THE FEASffilLITY

18 STUDY SMALL GRANT ACCOUNT SHALL BE CREDITED TO THE COLORADO

19 WATER CONSERVATION BOARD CONSTRUCTION FUND. ANY BALANCE

20 REMAlNING IN THE FEABffilLITY STUDY SMALL GRANT ACCOUNT AT THE END

21 OF ANY FISCAL YEAR SHALL REMAIN IN THE ACCOUNT AND SHALL NOT

22 REVERT TO THE COLORADO WATER CONSERVATION BOARD CONSTRUCTION

23 FUND.

24 SECTION 14. Allocation of money - appropriations. (1) For the

25 fiscal year beginning July 1, 1999, there is hereby allocated from the

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Colorado water conservation board construction fund, to the Arkansas river

Preamended 173

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