BOARD01949

• Board Meeting Date: 2/13/2001
• Description: Pending and Proposed Legislation - SB 01-157, 2001 CWCB Projects Bill
• Board Meetings - Doc Type: Memo

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1 INCLUDING, BUT NOT LIMITED TO, PROPERTY MANAGEMENT COSTS,
2 APPRAISALS, ASSESSMENTS, TAXES, LOCAL GOVERNMENT FEES, INSURANCE
3 COSTS, COURT COSTS, AND LEGAL FEES. ALL INTEREST DERIVED FROM THE
4 INVESTMENT OF MONEYS IN THE FORECLOSURE FUND SHALL BE CREDITED
5 TO THE COLORADO WATER CONSERVATION BOARD CONSTRUCTION FUND.
6 ANY BALANCE REMAINING IN THE FORECLOSURE FUND AT THE END OF ANY
7 FISCAL YEAR SHALL REMAIN IN THE FUND.
8 37 -60-123.2. FIood response fund - created. THERE IS HEREB Y
9 CREATED IN THE STATE TREASURY THE FLOOD RESPONSE FUND, REFERRED
10 TO IN THIS SECTION AS THE "RESPONSE FUND". THE ST ATE TREASURER IS
11 HEREBY AUTHORIZED AND DIRECTED TO TRANSFER ONE HUNDRED FIFTY
12 THOUSAND DOLLARS FROM THE COLORADO WATER CONSER V ATION BOARD
13 CONSTRUCTION FUND TO THE RESPONSE FUND. THE COLORADO WATER
14 CONSERVATION BOARD IS AUTHORIZED TO PROVIDE FUNDING FOR FLOOD
15 PREPAREDNESS AND FOR RESPONSE Ai'iD RECOVERY ACTIVITIES FOLLOWING
16 FLOOD EVENTS AND DISASTERS. THE MONEYS IN THE RESPONSE FUND ARE
17 HEREBY CONTINUOUSLY APPROPRIATED TO THE BOARD FOR FLOOD
18 RESPONSE PURPOSES, INCLUDING, BUT NOT LIMITED TO, THE IMMEDIATE
19 AVAILABILITY OF FUNDS FOR AERIAL PHOTOGRAPHY OF FLOODED AREAS,
20 FLOOD DOCUMENTATION AND IDENTIFICATION OF SPECIFIC HAZARDS,
21 EVALUATIONS Ai'lD REVISIONS OF FLOODPLAIN DESIGNATIONS, FLOOD
22 FORECASTING AND PREPARATION, A.."ID DEVELOPMENT OF DISASTER AND
23 RECOVERY MITIGATION PLANS. ALL INTEREST DERIVED FROM THE
24 INVESTMENT OF MONEYS IN THE RESPONSE FUND SHALL BE CREDITED TO
25 THE COLORADO WATER CONSERVATION BOARD CONSTRUCTION FUND. ANY
26 BALANCE REMAINING IN THE RESPONSE FUND AT THE END OF ANY FISCAL
27 YEAR SHALL REMAIN IN THE FUND.

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SBOl-157