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<br />Repeal of Ridges Basin Dam Authorization <br /> <br />. <br /> <br /> <br />37-60-121(6.1) Colorado Revised Statutes. is deleted <br /> <br />(6.1) In arder ta eliminate any datlbt as to the effeet of the delay in tnlflsforring moneys originally <br />seheduled to be transforred as onuly 1,1989, the general assembly hereby atlthorizes the <br />Colorado water oonservation board, pursuant to seotion 37 60 122 (I) (b), and <br />not,....ithstanding the slud delay, to effier inte a binding agreomeffi with the seeretary of the <br />United States departll3,ont of the interior to oontri-b~te, on a nonreimbarsable basis, five <br />million sill hundred thousand dollars for the oonstl\lotian ofth0 Ridges Basin dam of the <br />f.nimas La Plata proj0et, saki sum to be 0llpondea fr0m stleh mORays as are or may <br />hereaftor b000me available to tho Colorado water eonser'ratioll board oORstruetiol1 fund, and <br />hereby reaffirms its authorization for the Calarado water resoaroes and power de'leJ0pR10f1t <br />authority to proeeed to ceasider the Ridges Basin E1al'1l oftha .'\ffimas La Plata project <br />eentained in Senate Joint Resalation .No, 6, passodat tbe 1982 regtllar soss,lon of the <br />general assembly, with the ellpeetation that the share of the authority for th,e Ridges Basin <br />dam will not eJleeed two millien eight ffirn.Elred thel,ISand dollars, which SWll. is in aMition <br />to those surns pn:wioHsly oommitted by the authority to the ,.'\.nimas La Plata proj eot. <br /> <br />Discussion <br /> <br />The State Legislature authorized $5,600,000 in 1989 from the Construotion 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 construction of the proj ect without the need for <br />financial participation by the State of Colorado, <br /> <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 />jYiJ <br /> <br />. <br /> <br />2 <br />