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<br />Conservation Board to initiate the rule making process by holding a rule <br />making hearing on September 28, 1999 and to direct the staff and the <br />attorney general's office to publish the proposed additions and <br />amendments to the rules in the Colorado Code of Regulations, and to <br />designate Jennifer Gimbel as the hearing officer to preside over a formal <br />pre-hearing conference set for September 2, 1999 in Denver, Colorado. <br />The motion was seconded by Ray Werner. After discussion, the motion <br />was amended to show that the rule making hearing would be on <br />September 28,1999 at 1:00 p.m. The amended motion was approved <br />unanimously (10-0). <br /> <br />8. Water Project Construction Loan Program - Proposed Parity Test Policy Revisions <br />Tape 2, Start/Stop: 1756 - 2089 <br />Action: A motion was made by Greg Walcher to accept the staff recommendation <br />to revise the parity debt policy but with added language stating that <br />revenues would be based on rate to be implemented soon. The motion was <br />seconded by Patricia Wells and approved unanimously (10-0). <br /> <br />9a. Water Project Construction Loan Program - Proposed Policies - Time Limits for <br />Project Initiation and Completion <br />Tape 2, Start/Stop: 2089 - 2700 <br />Action: Information item; discussion with no action taken. <br /> <br />9b. Water Project Construction Loan Program - Proposed Policies - Feasibility Study <br />Completions Prior to Project Approval <br />Tape 2, Start/Stop: 2989 - 3240 <br />Action: Information item; discussion with no action taken. <br /> <br />9c. Water Project Construction Loan Program - Proposed Policies - Evaluating Credit <br />Worthiness and Financial Need <br />Tape 2, Start/Stop: 3252 - 3647 <br />Action: Information item; discussion with no action taken. <br /> <br />9d. Water Project Construction Loan Program - Proposed Policies - Sufficiency of <br />Collateral <br />Tape 2, Start/Stop: 0000 - 0000 <br />Action: This item was deleted from the agenda. <br /> <br />ge. Water Project Construction Loan Program - Proposed Policies - Delinquency, Default <br />and Collections <br />Tape 2, Start/Stop: 2700 - 2985 <br />Action: Information item; discussion with no action taken. <br /> <br />Minutes July 26-27,1999 <br />Page 4 <br />