WSPC07201

• File Number: 8200.700
• Description: Colorado River-Colorado River Basin-Colorado River Basin General Publications
• Date: 4/28/1977
• Title: Colorado River Documents and Major Events-Sparks Synopsis-July 1976-Comments on Senate Bill 453
• Water Supply Pro - Doc Type: Report/Study

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paragraph (a) of subsection (1) of this section, together
with any funds derived from the application of paragraph (b)
of subsection (3) of this section, shall, upon receipt, be
paid into the public school fund to be used for the support
of the public schools of this state.

(3) (a) Fifty percent of all moneys described in
paragraph (a) of subsection (1) of this section shall, upon
receipt, be paid to each of those respective counties of this
state from which the federal leasing money is derived in
proportion to the amount of said federal leasing money
deri ved from each of the respective counties and used by said
counties for the purposes described in subsection (1) of
this section; except that no single county shall be paid an
amount in excess of two hundred thousand dollars in any
calendar year under the provisions of this paragraph (a).

(b) Any balance of said fifty percent remaining after
payment to the several counties ,as provided in paragraph (a)
of this subsection (3) shall be paid by the state treasurer,'
on or before the last day of December of each year, into the
state public school fund and used for the support of the
public schools.

(4) Ten percent of all moneys described in paragraph
(a) of subsection (1) of this section shall, upon receipt, be
paid into the Colorado water conservation board construction
fund created by section 37-60-121, C.R.S. 1973, for
appropriation by the general assembly pursuant to the
provisions of section 37-60-122, C.R.S. 1973, and for use in
accordance with the purposes and priorities described in
subsection (1) of this section.

(5) (a) The remaining fifteen percent of all moneys
described in paragraph (a) of subsection (1) of this section
shall, upon receipt, be paid into the local government
mineral impact fund, which is hereby created. The executive
director of the department of local affairs shall distribute
moneys from such fund in accordance wi th the purposes and
priorities described in subsection (1) of this section.

(b) There is hereby created within the department of
local affairs an energy impact assistance advisory
committee. The committee shall be composed of the executive
director of the department of local affairs, the executive
director of the department of natural resources, the
commissioner of education, the executive director of the
state department of highways, and four residents of areas
impacted by energy conversion or mineral resource
development. The four residents shall be appointed by the
governor for terms not exceeding four years to serve at the
pleasure of the governor. The executi ve director of the
department of local affairs shall act as chairman of the
committee. Members of the committee shall serve without
additional compensation; except that the four members from
energy impact areas shall be entitled to reimbursement for

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