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<br />". <br /> <br />. <br /> <br />. <br /> <br />the 1940's. <br /> <br />That policy, which has been premised upon the <br />. <br /> <br />objective ot putting all of Coloradp's compact entitlements to <br /> <br />- <br /> <br />,.o-'V <br /> <br />beneficial consumptive use, has had three major elements: <br /> <br />(1) Reliance on the federal government to finance. <br /> <br />construct. and largely pay for major irrigation and flood <br /> <br />control projects. <br />(2) Reliance on industrial users to finance. construct. <br /> <br />and pay for their own water development projects, and <br /> <br />(3) Reliance on municipalities to finance, construct. and <br /> <br />pay for their own water development projects, with federal <br /> <br />loan and grant assistance being available in the case of <br /> <br />smaller rural communities. <br /> <br />State government. of course. has actively participated in <br /> <br />only the first of these three areas. except for construction <br /> <br />fund projects under item three. <br /> <br />To some extend. the historical pOlicy has led to Colorado <br /> <br />achieving the intended Objective. But it is also clear that <br /> <br />this historical policy will fall short of the goal. There are <br /> <br />two primary reasons for this: <br /> <br />(1) Federal funding for Colorado's six remaining <br /> <br />~ <br /> <br />authorized but unconstructed reclamation projects, three of <br /> <br />which were to have been built concurrently with the first <br /> <br />delivery of water to the Central Arizona project (Which has <br /> <br />already occurred). has not been forthcoming, and will not <br /> <br />be. with but one or two exceptions at best. Nor can we <br /> <br />expect new project authorizations, and <br /> <br />-4- <br />