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, , . . . Statutory Limitations In considering recommendations for projects to the General Assembly, the Board should be aware of the following criteria and limitations set by statute: . Section 37-60-121 (I) (b) (IV), CRS provides that 'the Board shall participate in only those projects which can repay the Board s investment. Grants shall not be made, unless specifically authorized by the General Assembly acting by bill... " . Section 37-60-121 (1) (b) (V), CRS provides that "all other means offinancing shall be throughly explored before use is made offttnd moneys." . Section 37-60-121 (1) (b) (VI), CRS prohibits the Board from recommending domestic water treatment and distribution systems to the General Assembly. . Section 37-60-121 (1) (b) (VII), CRS provides that 'the Board may recommend to loan funds on floodplain projects not to exceed five percent of the annual projected revenue earned by the fund." The 5 % limit applies to the total sum for proposed floodplain project loans and flood related study grants. . Senator Bishop has indicated several times in recent years that the CWCB loan fund should not be used to [mance annual operation and maintenance projects. . Section 37-60-122(1)(c), CRS, authorizes the Board to commit or expend up to 10% of the revenue to the Construction Fund for new feasibility study loans. . Section 37-60-122.2(2)(b), CRS, concerning mitigation grants from the Fish and Wildlife Resources Account, states 'the amount of the grant shall be sufficient to pay for the mitigation recommendation ... to the extent required above the applicant s five percent share. Any additional enhancement shall be at the discretion and within the means of the board. Under no circumstances shall the total amount of the grant exceed five percent of the construction costs of the project, or be disbursed in installments, that exceed seventy percent of the amount of the grant during any fiscal year. Any mitigation cost in excess of ten percent of the construction costs of a project shall be borne by the applicant. " . Section 37-60-122.2(2)(c), CRS, requires 'tlny such enhancement grant will be shared equally by the Colorado water conservation board s fish and wildlife resources account and the division of wildlife s wildlife cash funds and other funds available to the division. " . Section 37-60-122.2(4), CRS, requires the Board to divide the expenditures from the Fish and Wildlife Resources Account 50-50% between the east and west slope beneficiaries. 5