BOARD01682

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

REDRAFT
1-14-04

Double underlininl!:
denotes chanRes from
1 Ihe recipient of any such loan will be able to make repayment pursuant OriN "an

2 to the terms and conditions established by the board and by subsection (1)

3 of this section.

4 SECTION 21. 37-60-119 (1) and (2), Colorado Revised Statules,

5 are amended to read:

6

37-60-119. Construction of water and power facilities -

7 contracts with and charges against users. (1) (a) Iu order to promote
8 the general welfare and safety of the citizens of this state and to protect

9 the allocation of interstate waters to the state, the board may, subject to

10 the provisions in OF sectiou 37-60-122, PERFORM SUCH OF THE

11 FOLLOWING AS WILL, IN THE OPINION OF THE BOARD, ABATE FLOODS OR

12 CONSERVE, EFFECT THE MORE EFFICIENT USE OF, DEVELOP, OR PROTECT

13 THE WATER AND HYDROELECTRIC ENERGY RESOURCES AND SUPPLIES OF

14 THE STATE OF COLORADO:

15 (I) Construct, rehabilitate, enlarge, or improve, or loan moneys to

16 enable the construction, rehabilitation, enlargement, or improvement of

17 such flood control, water supply, and hydroelectric energy facilities,

18 excluding domestic water treatment and distribution systems, together

19 with related recreational facilities, in whole or in part; ao ",,;ll, ;u t1....

20 Vl-'~ll~Ull uf 111\:;; Lvanl, aLak IluuJ., UJ. ,",UU03'-'.l n.., \.'[f~,",l111V.l'" ,-,fG"'~l;;lll U;')'i;;

21 vf, J!';vdup, VI lJivtt..",L tln.. waL",... auJ l.lyJ.1u\....l'"'....t.l~.... \.;U"-'.llSY Iv;')VU.l....'"'03 auJ

22 5uppl;...0 vf th... olal... vf Cvlv.adv. AND

23 (II) MAKE LOANS TO ENABLE THE PURCHASE OF WATER RIGHTS OR
24 WATER SUPPL Y INFRASTRUCTURE.

25 (b) In carrying out ou...l. pW!;.aUl THIS SUBSECTION (1), the board

26 '0 J;,...Gt...J tv SHALL place special emphasis upon the adoption and

27 incorporation of measures which THAT will encourage the couservation

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DRAFT