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<br />Repeal of Ridges Basin Dam Authorization <br /> <br />37-60-121(6.1) Colorado Revised Statutes. is deleted <br /> <br />(6,1) ill. order to eliminate any doubt as to the effeot of~e delay in transf-orring moneys originally <br />scheduled to be transferred as oOuly 1, 1989, tl:e general assemblyhoreby authorizes tbe <br />Colorado water eonservation board, pursuant to section 3760 1.22 (I.) (b), and <br />Rot.vitbstanding the sma delay, to ORter iftto a l3iRdiag agreemeRt with the socretlll)' of the <br />United States department of the interior to eontribute, on a nonreimb~ll"Gable basis, fj,'1e <br />million six hundred thousand dollars for the eenstriletion o[the Ridges Basin dam of the <br />f..nimas La Plata project, sRid SWE. to be oKpeaded !from such moneys as are or may <br />hereafter become available to the Colorado ',ya:er eonservatioH board construotion fund, and <br />hero~JY reaffirms its aathorization for the Colol"Rdo :water resources and power developmont <br />authority to proceed to cORside!' the Ridges BasicH danl shhe !.,'1imas La Pluta projeet <br />oontained in Senate Joint Resolution No, 6, passed, at tl:e 1982 regular session of the <br />general assembly, with the eJcpeotation that the share of the authority [-or the Ridges Basin <br />!ism. will Rot oxoeea two million eight hundred !housaml aollars, whiol1 Slffii is in additioa <br />to those SGlllS proviously oo,mmitted by ~ho autchOlity to the Animas La Plata p!'oj cot, <br /> <br />Discussion <br /> <br />. <br /> <br /> <br />The State Legislature authorized $5,600,000 in 1989 from the Construction Fund to be . <br />used for the construction of the Ridges Basin dam as part of the Animas-La Plata project. <br />Recently, the cost sharing agreement between the project participants was terminated, The <br />Bureau of Reclamation will continue to pursue construption of the proj ect without the need for <br />financial participation by the State of Colorado, <br />\ <br /> <br />The deletion of37,60-121(6.1) as shown above de-authorizes the project, and its associated <br />funds, and returns any remaining funds back to the Construction Fund as unreserved cash to be <br />available next year for new water project loans, <br /> <br />2 <br /> <br />. <br />