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BOARD02175
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BOARD02175
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Last modified
8/16/2009 3:13:06 PM
Creation date
10/4/2006 7:12:10 AM
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Board Meetings
Board Meeting Date
11/20/2000
Description
CF Section - Special Purpose Accounts - Emergency Infrastructure Loan Account - Replacement of Funds
Board Meetings - Doc Type
Memo
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<br />}r <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />13 13 Sherman Screet. Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866.3441 <br />FAX: (303) 866.4474 <br />www.dnr.state.co.us!cwcb <br /> <br />a <br /> <br />MEMORANDUM <br /> <br />Bill Owens <br />Governor <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />Dan Mc.A..uliffe <br />CWeB Director <br />(Acung) <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Mike Serlet, p.E.IAI ( <br />Chief, Water SupUi)lanning and Finance Section <br /> <br />FROM: <br /> <br />DATE: <br /> <br />Novernberl3,2000 <br /> <br />SUBJECT: <br /> <br />Agenda Item #17a - November 20-21,2000, Board Meeting <br />Water Supply Planning and Finance <br />Special Purpose Accounts <br />Emergency Infrastructure Loan Account - Replacement of Funds <br /> <br />Introduction <br /> <br />Twelve projects with loan contracts totaling $4,035,000 have been fmanced <br />through the Board's Emergency Infrastructure Repair Account. The balance in the <br />Emergency Infrastructure Account is currently within one average project of being <br />exhausted. <br /> <br />Background <br /> <br />In 1993 through HB 93-1273, the Legislature authorized the Board to set aside <br />$2.0 million of Construction Fund money in a special account reserved for emergency <br />repair of water resources infrastructure systems. The money in the account is <br />continuously appropriated to the Board for immediate availability primarily for <br />emergency repair of water storage systems or water distribution systems. The account is <br />intended to provide flexibility for the Board to make funds available in a timely manner <br />in situations where the time to obtain legislative approval would be a significant financial <br />hardship to a borrower. <br /> <br />Flood Control and Floodplain Management-Larry Lang, Chief. Water Supply Planning and Finance.Mike Serler, Chief. fnstream <br />Flows and Water Rights Investigations-Dan Merriman, Chief. Interstate Streams Investigations-Randy Seaholm, Chief. Office of <br />Conservation Planning- William Seamon, Chief. Personnel and Budget-Don Wood. Chief <br />
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