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<br />1.3 CWCB Construction Fund <br /> <br />The CWCB Construction Fund consists of monies appropriated by the General Assembly <br />and made available for loans to finance water project planning and construction. The following <br />procedures and criteria are used by the CWCB to administer the fund: <br /> <br />1.3.1 Eligible Projects <br /> <br />a. Under authority of Section 37-60-119 and 121, CRS, the monies in the <br />construction fund are to be used for new storage projects which increase the <br />beneficial consumptive use of Colorado's compact-entitled waters and for the <br />repair and rehabilitation of existing storage and raw water delivery systems. The <br />CWCB will fund the following types of water projects through this program: <br /> <br />(1) Construction of new raw water storage reservoirs or enlargement of <br />existing raw water reservoirs to enhance dry year water supplies of the <br />State and promote utilization of Colorado's compact entitlements; <br /> <br />(2) Rehabilitation of existing dams to meet safety standards and to recover <br />restricted storage capacity; and <br /> <br />(3) Rehabilitation of agricultural water supply systems or municipal raw water <br />supply systems to increase water use efficiency, maintain or increase <br />supplies, and to increase beneficial consumptive use. <br /> <br />b. The costs of acquisition of land arid water rights are not eligible for CWCB <br />funding except as part of a project. <br /> <br />c. The CWCB does not provide funding for municipal water treatment and <br />distribution systems. <br /> <br />d. Limited funding is available for flood <;ontrol projects. <br /> <br />e. Projects may be designed for multiple use and provide for cost sharing by other <br />potential uses not funded by the Board such as fish and wildlife, and recreation. <br /> <br />~ <br />:J <br />