BOARD02376

• Board Meeting Date: 5/11/1998
• Description: 1998 Legislative Issues - HB 98-1189 - 1998 Construction Fund and Severance Tax Bill - Status Report
• Board Meetings - Doc Type: Memo

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Groundwater Annronriators of $ 1.700.000
the South Platte - Sedl!ewick
AUl!IIlentation Reservoir
To!als $13.522.000.
· Loan to refinance a water project wholly or partially completed.
(2) The Colorado water conservation board may make loans for
the construction of the projects specified in subsection (1) of this section
from such moneys as are or may hereafter become available to the
Colorado water conservation board construction fund. Said loans shall

be in the amounts listed in subsection (1) of this section plus or minus
such amounts, if any, as may be justified by reason of ordinllI)'
fluctuations in construction costs as indicated by the engineering cost
indices applicable to the types of construction required for each project
or as may be justified by reason of changes in the plans for a project due
to differing or unforseen site conditions, errors or omissions in the plans
and specifications, changes instituted by regulatory agencies, or changes
in material quantities beyond contract limits.
(3) Pursuant to section 37-60-120 (1), Colorado Revised Statutes,

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