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<br />20. Buckeye Lateral Ditch <br /> Association, Inc. - <br />e Rehab. Buckeye Lateral Ditch $ 440,000 30 <br />2l. a City of Victor - <br /> Rehab. Victor Dam No. 2 $ 600,000 30 <br /> TOTAL $13 ,154, 500 <br /> <br />a Loan approval contingent on the borrower being unable to <br />obtain financing through the Colorado water resources and power <br />development authority. <br /> <br />. <br /> <br />b Loan to refinance water project wholly or partially <br />completed. <br /> <br />(2) The Colorado water conservation board may make loans <br />for the construction of the projects specified in subsection (1) <br />of this section from such moneys as are or may hereafter become <br />available to the Colorado water conservation board construction <br />fund. Said loans shall be in the amounts listed in subsection (1) <br />of thi s secti on plus or mi nus such amounts, if any, as may be <br />justified by reason of ordinary fluctuations in construction cost <br />as indicated by the engineering cost indices applicable to the <br />types of construction requi red for each project or as may be <br />justified by reason of changes in the plans for a project if those <br />changes are requi red by fi na 1 engi neeri ng drawi ngs and <br />specifications or by federal, state, or local governmental <br />requirements. <br /> <br />(3) Contracts entered into by the Colorado water <br />conservation board pursuant to section 37-60-119 (2), Colorado <br />Revised Statutes, for loans to enable the construction of the <br />projects specified in subsection (1) of this section shall be <br />subject to the repayment periods set forth therein; except that <br />the total repayment for a project shall be adjusted to reflect any <br />changes in the amount loaned by reason of subsection (2) of this <br />section. Pursuant to section 37-60-120 (1), Colorado Revised <br />Statutes, the board shall require such terms and conditions in <br />such contracts as will ensure repayment of funds made available <br />by it. 'The board shall not di sburse any moneys for any loan <br />authorized by subsection (1) of this section unless and until it <br />is satisfied, in its sole discretion, that the recipient of any <br />such loan will be able to make repayment pursuant to the terms and <br />conditions established by the board and by subsection (1) of this <br />section. <br /> <br />SECTION 2. Project deauthorizations. <br /> <br />Project Name - Amount Amount Remaining <br />Authorization' Authorized Deauthorized Authorization <br />Bill and Year <br /> <br />. <br /> <br />PAGE 3-HOUSE BILL 95-1155 <br />