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<br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />i3 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br /> <br />completed. <br />. SECTION 11. Article 60 of title 37, Colorado Revised Statutes, <br />is amended BY THE ADDmON OF A NEW SECTION to read: <br />37-60-122.9. Colorado ri"Ver recovery program loan account <br />- creation. (1) THERE IS HEREBY CREATED IN TIlE STATE TREASURY AS <br />PART OF TIlE COLORADO WATER CONSERVATION BOARD CONSTRUCTION <br />FUND TIlE COLORADO RIVER RECOVERY PROGRAM LOAN ACCOUNT FOR <br />TIlE PURPOSE OF MAKING LOANS TO TIlE COLORADO RIVER AND SAN JUAN <br />RIVER RECOVERY PROGRAMS FOR TIlE CONSTRUCTION OR IMPROvEMENT <br />OF CERTAIN WATER RELATED PROJECTS IN COLORADO, UNDER <br />AGREEMENTS WITH POWER USERS OF TIlE FEDERAL COLORADO RIVER <br />STORAGE PRO:IECT, REQUIRED TO RECOVER TIlE FOUR ENDANGERED FISH <br />SPECIES OF TIlE UPPER COLORADO RIVER, INCLUDING TIlE SAN JUAN <br />RIVER. <br /> <br />(2) THE COLORADO WATER CONSERVATION BOARD SHALL <br />RECOMMEND LOANS FROM TIlE COLORADO RIVER RECOVERY PROGRAM <br />LOAN ACCOUNT TO TIlE GENERAL ASSEMBLY PURSUANT TO SECTION <br />37-60-122 (I) (b). THE LOANS SHALL BE SUBJECT TO AN INTEREST RATE <br />AND REPAYMENT PROVISIONS TO BE DETERMINED BY TIlE COLORADO <br />WATER CONSERVATION BOARD. <br />(3) THE STATE TREASURER IS HEREBY AlITHORlZED AND DIRECTED <br />TO TRANSFER TO TIlE COLORADO RIVER RECOVERY PROGRAM LOAN <br />ACCOUNT, CREATED IN SUBSECTION (1) OF THIS SECTION, OUT OF ANY <br />MONEYS IN TIlE COLORADO WATER CONSERVATION BOARD CONSTRUCTION <br />FUND NOT OTIlERWISE APPROPRIATED, TIlE SUM OF TWO MILLION <br />DOLLARS. INTEREST EARNED ON THE FUNDS IN TIlE COLORADO RIVER <br /> <br />-12- <br /> <br />, <br /> <br />e <br /> <br />e <br /> <br />1189 <br /> <br />e <br />