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. '../ \ .~ .-".t-.... . ~ -. . . _."~ .,. Project Denver (for water meters only) Town of Parachute Amount $5,000,000 $ 200,000 SECTION 6. Section 2 of, chapter 435, Session Laws of Colorado 1981, is amended to read: Section 2. Transfer of monexs. The Colorado water conservation board is hereby directed to t~ansfer a total sum of not more than twenty-nine million nine hundred ninety-nine thousand dollars ($29,999,000) from the Colorado water conservation board construction fund established pursuant to section 37-60-121, Colorado Revised Statutes 1973, to the authority created pursuant to this act, TOGETHER WITH ANY INTEREST ACCRUED FROM THE INVESTMENT THEREOF FROM JULY 1, 1981, UNTIL DATE OF ACTUAL TRANSFER PURSUANT TO RESOLUTION BY SAID AUTHORITY. Moneys so transferred shall be paid by the authority into a ONE OR MORE debt service reserve fund FUNDS OR, IF NO BONDS ARE ISSUED AND OUTSTANDING, INTO SUCH OTHER FUND OR FUNDS AS THE AUTHORITY MAY DESIGNATE, which shall be established by the authority pursuant to section 37-95-113, Colorado Revised Statutes 1973; EXCEPT THAT SUCH INTEREST MAY BE TRANSFERRED INTO SUCH OTHER FUND AS MAY BE ESTABLISHED AND DESIGNATED BY THE AUTHORITY UNDER SAID SECTION. The Colorado water conservation board is further directed to transfer an additional amount, not to exceed one hundred thousand dollars ($100,000), from the Colorado water conservation board construction fund to the authority created pursuant to this act, TOGETHER WITH ANY INTEREST ACCRUED FROM THE INVESTMENT THEREOF FROM JULY 1, '1981, UNTIL DATE OF ACTUAL TRANSFER PURSUANT TO ,RESOLUTION BY SAID AUTHORITY, for such personal services, operating, travel, and capital expenses as the authority may incur. durfng-the-ffseat-year-begfnnfng-duty-i, i98i,-and-ending-dune-38,-i98f7 SECTION 7. Safety clause. The general assembly hereby - PAGE 5-SENATE BILL NO. 87