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<br />trust fund perpetual base account Said loans shall be in the amounts listed <br />in subsection (l) of this section plus or miIius such amounts, if any, as may <br />be justified by reason of ordinary fluctuations in construction costs as <br />indicated by the engineering cost indices applicable to the types of <br />construction required for each project or as may be justified by reason of <br />changes in the plans for a project due to differing or unforseen site <br />conditions, errors or omissions in the plans and specifications, changes <br />instituted by regulatory agencies, or changes in material quantities beyond <br />contract limits. <br /> <br />e <br /> <br />(3) Pursuant to section 37-60-120 (I), Colorado Revised Statutes, <br />the board shall require such terms and conditions in such contracts as will <br />ensure repayment of funds made available by it The board shall not <br />disburse any moneys for any loan authorized by subsection (1) of this <br />section unless and until it is satisfied, at its sole discretion, that the recipient <br />of any such loan will be able to make repayment pursuant to the terms and <br />conditions established by the board and by subsection (1) of this section. <br /> <br />SECTION 3. Increases to prior authorized project . loans. <br />(I) Pursuant to section 37-60-122 (1) (b), Colorado Revised Statutes, the <br />Colorado water conservation board is hereby authorized to loan moneys to <br />enable or continue the construction of the following previously authorized <br />water resources projects: <br /> <br />e <br /> <br />Borrower-Project <br /> <br />Prior <br />Authority <br /> <br />Prior <br />Amount <br /> <br />Increase <br /> <br />Total <br />Amount <br /> <br />City of Greeley - <br />Twin Lakes Dam <br />Rehabilitation <br /> <br />SB 87-15 $ 412,500 $ 375,000 $ 787,500 <br /> <br />Town of Palisade - HB 95-1155 $ 750,000 $ 172,000 $ 922,000 <br />Replace Cottonwood <br />Pipeline . <br /> <br />Purgatoire River SB 97-008 $ 500,000 $ 500,000 $1,000,000 <br />Water Conservancy <br />District - Trinidad <br />Proiect Refinance <br /> <br />Totals <br /> <br />$1,662,500 $1,047,000 $2,709,500 <br /> <br />e <br /> <br />. Footnote "a" in the originalimthorization in HB95-1155, as enacted by the <br /> <br />PAGE 4-HOUSE BILL 98-1189 <br />