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<br />,. <br /> <br />Introduction <br /> <br />. <br /> <br />These criteria and guidelines do not distinguish or establish preference for allocating <br />monev for grants versus loans. In all cases the water activity itself will be the basis for <br />eligibility and prioritization. These criteria and guidelines address both laaas amI <br />gmmsgrants and loans._ -It is the goal of the CWCB and IBCC to maximize the benefits <br />derived from the monies use of the Account aRll at tbe same time pfElYide fiooacial <br />assistance tEl the greatest RIHlI13er af '.vater aetivities '....ith tbe lewest pessil3le rate ef <br />capital depletiea afthe ,^.seauat. <br /> <br />-In regard to loans, in order to achieve some the geal af the CWCB aad IBee, these <br />criteria aBd guideliaes create a level of incentive for entities to pursue loans, the CWCB <br />utilizing these jointly developed criteria and guidelines will allocate 0010 interest loans <br />from the Account AND offer a match to these loans with low interest loans (at or below <br />the rate of inflation) from the CWCB perpetual base account. <br /> <br />These criteria aRd guidelines do Rat distinguish er estalllisb prefereace far allecating <br />meaey fer leans versus grants tmcept 'Nere there are water aeti'lities that are e'lually <br />prieritiald. In these cases, tbe criteria aad guidelines previae that a preferease will13e <br />gi'/ea ta laaBs. In all other cases the water activity itself '.vill13e the 13asis fer eligi13ility <br />I al'lt! prieritizati81l. It should be noted that the application process for loans will also <br />require a standard CWCB loan application form and loan feasibility study. Information <br />and forms are available at: http://cwcb.state.co.us/Finance/pdfsDocs/LoanApplication.pdf . <br />and http://cwcb.state. co. us/Finance/ pd fsDocs/LoanProgram Gui deli nes. pd f <br /> <br />LeaR ana GmntGrant and Loan Program Administration <br /> <br />Role of the Interbasin Compact Committee (IDCC): <br /> <br />. Jointly (with the CWCB) develop criteria and guidelines for allocating funds from the <br />Account. <br />· Work with Interbasin Compact Roundtables (IBCRD to develop local roundtable <br />criteria and guidelines for approving and recommending water activities that, <br />following recommendations by the respective IBCRTs, will be eligible to seek <br />funding from the Account. <br />. Help ensure that data and information from the SWSI and other appropriate sources <br />are used as the technical basis for requesting funding for a water activity. <br /> <br />Role ofthe Interbasin Compact Roundtables (IDCRT): <br /> <br />4 <br /> <br />Preliminary Draft <br /> <br />. <br /> <br />July 12,2006 <br />Rev. 1 Julv 17.2006 <br />