BOARD01682

• Board Meeting Date: 1/27/2004
• Description: Updated 2004 State Legislative Issues
• Board Meetings - Doc Type: Memo

REDRAFT
1-14-04

Double underlininJ;(
denoteschaORes from
1 ;:)Udi al-JlJli,",aL;uH~. based uoon criteria including, but not limited to. oriordraft

2 whether the:

3 (a) Source of augmentation water is from a reliable, permanent

4 supplv:

5

(b) Applicant has adequate securitv or collateral 10 assure

6 repayment

7 (c) Applicant has the ability to repay the loan at an inlerest rate
8 and over a period of time as set by the board;
9 (d) Applicant is able to collect pavments for the augmented water
10 from its members;

II (e) Loan will serve the needs of a broad group of users rather than

12 a specific user:
13 (D Loan will assist in maintaining the agricultural viabilitv of the

14 Ad,..C1u..,a.., J~vca vall,"-v AREA SERVED:

15 (g) Applicant obtains commitments from its members Ihat anv

16 such member who fails to make payments in accordance with the loan

17 agreement shall cease pumping water; and

18 (h) Applicant obtains commitments from its members to comply

19 with any rules or changes to rules as promulgated or amended by the state

20 engineer that govern the measurement of ~Iuuu<lw"lc. GROUND WATER

21 withdrawals and the use of such ~luu.t1Jwaki iu LlH..I Atkau"a" li"'''-'1 La..,iu.

22 Ruk Gl.lalu:::.\;;:') Uhiv ~.l\JuJ\" but Hut be.. li.luitGd tv th"" ~liIl.liHaGuu v[ L1n..

23 tluL-v-bCv,,",u lul\... (Iud aUl::uH...ulaliuu olau6- fUI ao..,l-.....lHuuaGl VV""UL't GROUND

24 WATER.

25 (4) (a) The state engineer shall promptly and completely curtail

26 the use of a well by the owner of such well if such owner has accepted

27 the benefit of II." A.k"HM> .;"1 A WELL augmentation loan fund:- and

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DRAFT