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<br />~ <br /> <br />. <br /> <br />. <br />STATE OF COLORADO <br />" <br /> <br />COLORADO WATER CONSERVATION BOARD <br />Department of Natural Resources <br />721 State Centennial Building <br />, 1']. Sherman Street <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br /> <br />MEMORANDUM <br /> <br />Roy Romer <br />Governor <br />J. William McDonald <br />Director <br />David W. Walker <br />Deputy Director <br /> <br />TO: <br /> <br />Members, CWCB <br /> <br />FROM: Bill McDonald <br /> <br />DATE: September 22, 1989 <br /> <br />SUBJECT: Agenda Item 19, September 28-29, 1989, Board Meeting-- <br />CUP Legislation <br /> <br />Introduction <br /> <br />As of Thursday, September 21, the Central Utah Project <br />legislation had not been introduced. However, introduction of <br />a bill or bills is reportedly imminent. <br /> <br />I am being told that any legislation will provide for <br />completion of the project with congressional appropriations, <br />subject to cost sharing in some amount by the State of Utah and <br />the Central Utah Water Conservancy District out of their own <br />sources of funding, Use of CRSP power revenues as a financing <br />device apparently will not be sought. <br /> <br />I do not know if the legislation will call for the creation <br />of a basinwide environmental mitigation and enhancement fund <br />using a surcharge on power revenues as the source of funding <br />therefore. This issue seems to be going back and forth between <br />the members of the Utah congressional delegation. <br /> <br />Discussion <br /> <br />An issue not on the table in the last Congress that may be <br />addressed in the bill or bills to be introduced concerns doing <br />away with the power apportionment formula in the 1956 CRSP <br />Act. If not addressed by the Central Utah project legislation, <br />this issue will be forced by the CRSP rate repayment study <br />which is now in the process of being prepared by the Western <br />Area Power Administration (Western). <br /> <br />The apportionment formula is found in section 5(e) of the <br />1956 Act, which reads as follows: <br /> <br />0932E* <br />