BOARD02453

• Board Meeting Date: 3/10/1998
• Description: 1998 Legislative Issues - HB 98-1188 - Water Resources Act of 1998 - Status Report
• Board Meetings - Doc Type: Memo

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1 PURPOSE. Au. MONEYS UNEXPENDED OR UNENCUMBERED IN ANY FISCAL
2 YEAR SHALL REloJAIN IN THE ACCOUNT. ALL INTEREST EARNED FROM THE
3 INVESTMENT OF MONEYS IN SAID ACCOUNT SHALL REMAIN IN SAID
4 ACCOUNT AND BECOME A PART THEREOF.

5 (b) THE STATE TREASURER SHALL TRANSFER FROM THE GENERAL
6 FUND TO THE WATER PROJECT ASSISTANCE ACCOUNT IN THE WATER
7 CONSERVATION BOARD CONSTRUCTION FUND ON JULY I, 1998, THE
8 A..'vlOUNT OF THREE Mll.LION DOLLARS.

9 (c) ANY TRANSFER FROM THE GENERAL FUND TO TInS ACCOUNT
10 SHALL NOT BE SUBJECT TO THE LIMITATION ON GENERAL FUND
11 APPROPRIATIONS FOUND IN SECTION 24-75-201.1, C.R.S.

12 (2) THE COLORADO WATER CONSERVATION BOARD SHALL MAKE
13 A.'iNUAL RECOMMENDATIONS TO THE GENERAL ASSEMBLY ON THE USE, IF
14 A.',Y, OF THE WATER PROJECT ASSISTA.'lCE ACCOUNT. USE OF THIS
15 ACCOGNT SHALL INCLUDE, BUT NOT BE LIMITED TO, DEVELOP~T OF
16 STORAGE FACILITIES OR IMPLEMThTATION OF OTHER MEASURES, OR
17 PORTIONS THEREOF, DESIGNED TO MEET NONCONSUMPTIVE USE NEEDS,
18 ~fITlGATION PURSUANT TO SECTION 37-60-204, A.'l0 STORAGE FACILmES
19 OR IMPLEMENTATION OF OTHER MEASURES, OR PORTIONS THEREOF, FOR
20 \VHICH ~O c..lMEDlATE CONSL"IPTIVE CSE DEMA.""D EXISTS, BuT TH..... TARE
21 NECESSARY TO ENSL"RE ADEQUATE Rrru"RE WATER SUPPLCES FOR
22 lD80+"TIFIED ~EEDS.

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37-60-206. Applicability. ?'OTlIDiG IN THIS PART 2IS fr<TDiOED,
NOR SHALL [l BE CONSTRUED. TO ALTER OR ......\lEND THE PRIOR
APPROPRIAT!O~ SYSTE~l OF l}.lR.-'..5T.....TE WATER .-'..LLOC.....TION AS
E~IBOD1ED IN THE COLORADO CONSTITl;TION ......"'0 STATE STATLTIS, OR
CREATE MITIGATION REQl.ilRE~'TS EXCEPT.-'..5 SUCH ~l....y ARISE L"NDER
37-60-204.

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29 SECTIO:'i 2. Appropriation. (1) In addition to any other
30 appropriation, there is hereby appropriated, out of any moneys in the
31 water proje;t assistance account in the water conservation board
32 construction fund, created in section 37-60-205, Colorado Revised
33 Statutes. not otherwise appropriated. to the department of natural
34 resources for allocation to the Colorado water conservation board and the
35 di,ision of waterresources. for the fiscal year beginning July 1. 1998. the
36 sum of ten million doUars (S i 0.000.000), or so much thereof as :nay be

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