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<br />- 2- <br /> <br />Discussion <br /> <br />The Feasibility Study Small Grant Fund has proven to be an effective tool for the State in <br />response to water supply related projects over the past several years. The fund has provided a <br />valuable resource that encourages reconnaissance and feasibility planning by local water supply <br />entities. The fund also provides an incentive for water users to evaluate their project ideas and to <br />discover the financial opportunities through the Construction Fund and Severance Tax loan <br />programs. <br /> <br />A transfer of approximately $100,000 from the Construction Fund's unreserved cash into the <br />fund is required to bring the balance back up to $200,000. <br /> <br />Recommendation <br /> <br />Staff recommends that the Board consider amotion to recommend to the General Assembly <br />that the balance in the Feasibility Study Small Grant Fund be restored to $200,000 by transferring <br />the required amount into the Fund from the CWCB Construction Fund's unreserved cash. <br /> <br />Flood Protection. Water Project Planning and Financing. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br /> <br />e <br /> <br />e <br /> <br />tit <br />