Laserfiche WebLink
<br />, <br /> <br />-7- <br /> <br />. <br /> <br />from the Construction Fund to be appropriated to the Colorado Water Conservation <br />Board for conducting an inventory of acres infested by tamarisk and other non-native <br />invasive phreatophytes in the Arkansas and Colorado River Basins in cooperation <br />with the Tamarisk Coalition and/or with the U.S. Dept. ofthe Interior. The CWCB <br />funds shall not exceed 50% of the actual total costs on conducting the inventory. <br />Motion was approved 8-0. Greg Walcher and Carolyn McIntosh were not present. <br /> <br />b. CWCB-South Platte River Decision Support System <br />Tape I, Track 2 3:34:29-3:37:40 <br />Action: A motion was made by Bob Burr with a second by Harold Miskel to approve the staff <br />recommendation to request the General Assembly to authorize $2,500,000 from the <br />Construction Fund to be appropriated to the Colorado Water Conservation Board for <br />year three work tasks associated with the South Platte Decision Support System. <br />Motion was approved 8-0. Greg Walcher and Carolyn McIntosh were not present. <br /> <br />. <br /> <br />11. Water Supply Planning and Finance - Changes to Existing Loans <br />a. Lake Meredith Reservoir Company - Lake Meredith Outlet Channel Reconstruction <br />Tape I, Track 2 3:37:40 - 3:52:29 <br />Action: A motion was made by David Smith with a second by Harold Miskel to approve the <br />staff recommendation to approve a loan authorization increase of$471,500 from the <br />Construction Fund. The additional $471,500 increment of funding would be for 30 <br />years at a lending rate of 4.00%. The total funding level for this project would be <br />$1,471,500 or 75% of the total project costs. Security for the Loan will be a first <br />interest pledge of assessment revenues backed by an assessment covenant and a first <br />lien on the project itself, in accordance with Policy #5 (Collateral). <br /> <br />The following conditions will be met prior to entering into a contract for the <br />additional loan increment of funding: <br />1. The loan increase shall be contingent upon all standard-contracting provisions <br />ofthe Colorado Water Conservation Board. <br />2. The loan increase will include a I % origination fee charged in accordance <br />with the CWCB policy #16. <br />Motion was approved 8-0. Greg Walcher and Carolyn McIntosh were not present. <br /> <br />12. Water Supply Planning and Finance - Changes to Existing Non-Reimbursable <br />Investments <br />a. Fountain Creek Transit Loss Study <br />Tape I, Track 2 3:52:29-3:57:01 <br />Action: A motion was made by Harold Miske! with a second by Ray Wright to approve the <br />staff recommendation that the Board request the General Assembly to authorize, with <br />~ .n 711 fl no new appropriation, an additional purpose for the funds previously authorized from <br />~WJ the Construction F!.lJld in Section 12 0(HH(lO-1419 b't.r~ising the language in this <br />\ ...-/ year's Construction Fund Bill. Motion was approved 8-0. Greg Walcher and <br />~ III r~ Carolyn McIntosh were not present. <br />jWV b. Chatfield Downstream Channel Improvement Project Authorizing Language <br />Amendment (SB79-537) <br />Tape 1, Track 2 3:57:01 - 4:12:45 <br /> <br />. <br /> <br />Flood Protection. Water Project Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br />