Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />e <br /> <br />37-60-122.9. Colorado river recovery program loan account - <br />creation. (1) 'fHEREIS HEREBY CREATED IN THE STATE TREASURY AS PART <br />OF THE COWRADO WATER CONSERVATION BOARD CONS1RUCTJON FUND THE <br />COWRADO RIVER RECOVERY PROGRAM LOAN ACCOUNT FOR THE PURPOSE <br />OF MAKING WANS TO THE COLORADO RIVER AND SAN JUAN RIVER <br />RECOVERY PROGRAMS FOR THE CONSTRUCTION OR IMPROVEMENT OF <br />CERTAIN WATER RELATED PROJECTS IN COLORADO, UNDER AGREEMENTS <br />WITH POWER USERS OF THE FEDERAL COLORADO RIVER STORAGE PROJECT, <br />REQUIRED TO RECOVER THE FOUR ENDANGERED FISH SPECIES OF THE UPPER <br />COWRADO RIVER, INCLUDING THE SAN JUAN RIVER. <br /> <br />(2) THE COLORADO WATER CONSERVATION BOARD SHALL <br />RECOMMEND WANS FROM THE COLORADO RIVER RECOVERY PROGRAM <br />LOAN ACCOUNT TO THE GENERAL ASSEMBLY PURSUANT TO SECTION <br />37-60-122(1) (b). THEWANS SHALL BE SUBJECT TO AN INTEREST RATE AND <br />REPAYMENT PROVISIONS TO BE DETERMINED BY THE COWRADO WATER <br />CONSERVATION BOARD. <br /> <br />. (3) THE STATE TREASURER IS HEREBY AUTIIORIZED AND DIRECTED <br />TO TRANSFER TO THE COLORADO RIVER RECOVERY PROGRAM LOAN <br />ACCOUNT, CREATED IN SUBSECTION (1) OF THIS SECTION, our OF ANY <br />MONEYS IN THE COLORADO WATER CONSERVATION BOARD CONSTRUCTION <br />FUND NOT OTHERWISE APPROPRIATED, THE SUM OF TWO MILLiON DOLLARS. <br />INTEREST EARNED ON THE FUNDS IN THE COWRADO RIVER RECOVERY <br />PROGRAM LOAN ACCOUNT SHALL BE CREDITED TO THE COWRADO WATER <br />CONSERVATION BOARD CONSTRUCTION FUND, CREATED IN SECTION <br />37-60-121 (1). <br /> <br />SECTION 12. Geo-hydrologicinvestigation ofthe Denver basin <br />aquifers - appropriation. (1) In addition to any other appropriation, there <br />is hereby appropriated, out of any moneys in the Colorado water <br />conservation board construction fund not otherwise appropriated, to the <br />Colorado water conservation board, the sum of ninety thousand dollars <br />($90,000), or so much thereof as may be necessary, for allocation to the <br />Denver Museum of Natural History and the United States Geological <br />Survey, in cooperation with the National Science Foundation, to drill and <br />core a two thousand foot research well in the Denver basin aquifers near <br />Kiowa in the central Denver basin and to conduct a geo-hydrologic <br />analysis. <br /> <br />(2) The moneys appropriated in subsection (1) of this section shall <br />remain available for the designated purposes until the project is completed. <br /> <br />PAGE 9-HOUSE BILL 98-1189 <br />