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<br />.. ..- -- -.,.. <br /> <br />and modified or changed as circumstances may warrant. <br /> <br />(1) Approximately :>; pe=ent of the monies available <br />--=- <br />to the construction fund will be devoted to projects <br /> <br />which will increase the beneficial consumptive <br /> <br />use of Colorado's compact entitled waters. <br /> <br />(2) The balance of the monies available to the construction <br /> <br />fund will be devoted to projects for the repair and <br /> <br />rehabilitation of existing water storage and delivery <br /> <br />systems. <br /> <br />p-&-/V",-,-v".,J CL-"-p <br />theAcons~ruction <br /> <br />costaJ <br /> <br />(3) <br /> <br />The Board's participation in <br /> <br />of a project shall generally be limited to 50 percent <br /> <br /> <br />of ~-o-j-ect 's t~01:<rt-crrs-t. -r-:-~ {;;/ ,- -1 v~--= <br /> <br />(4) The Board will participate in only those projects <br /> <br />which can repay the Board's investment. Grants will <br /> <br />not be made". <br /> <br />(5) The Board will participate only in projects which <br /> <br />cannot be financed by conventional means. <br /> <br />(6) Domestic water treatment and distribution systems <br /> <br />will not be recommended by the Board to the General <br /> <br />Assembly. <br /> <br />(7) Flood control and channel projects will not be <br />recommended by the Board to the General Assembly. <br /> <br />-8- <br />