BOARD01864

• Board Meeting Date: 11/23/1998
• Description: CF Section - Statutory Purposes of the CWCB Construction Fund
• Board Meetings - Doc Type: Memo

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Colorado Water Conservation Board
Department of Natural Resources
721 Centennial Building
1313 Sherman Street
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]

STATE OF COLORADO

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MEMORANDUM

Roy Romer
Governor

James S. Lochhead
Executive Director, DNR

DiUies C. Ule, P.E.
Director, eWeB

PeterH. Evans
Acting Director, ewes

TO:

Colorado Water Conservation Board Members

Peter Evans \;>~ ~ . --
Acting Director

FROM:

DATE:

November 20,1998

RE:

Agenda Item 12a, November 23-34,1998 Board Meeting--
Construction Fund Loan Program - Statutory Purposes of the CWCB
Construction Fund

One of the major items in our strategy for responding to the September 1998
performance audit of the Construction Fund Loan Program is a review of the statutory
purposes. This element of this strategy is responsive to at least two of the
recommendations: Recommendation 2 indicates, in part, that the Board should work with
the General Assembly to make a statutory change as needed to put more of the cash
balance to work out in the community; recommendation 4 suggests that the Board should
consider expanding the statutory funding priorities to more clearly provide authorization
for any future projects the Board anticipates (e.g., the purchase of water rights, the
purchase offederal reservoirs) that may not fall as obviously into the existing statutory
priorities (see attached copy ofC.R.S. Sections 119 and 121).

Based upon a discussion with our Sr. Staff, I have identified the following
potential categories of a activity that seem to provide comprehensive inclusion of all the
sorts of projects we have funded or undertaken in recent years.

· Increase beneficial consumptive use of waters in Color~do (including storage .
and delivery facilities, well field development, etc.);

· Rehabilitation of existing water supply infrastructure in Colorado (including
facilities under restriction by the State Engineer for safety purposes);

· Acquisition of existing infrastructure or water rights;

· Flood protection projects (limit to 5% of income? 10%? 5% unless there are
more funds than water supply projects can use and worthy flood protection
projects would be unnecessarily delayed?);