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CO !~..... r- ','''; \,. ) ,.;;, COLORADO WATER CONSERVATION BOARD Department of Natural Resources 721 State Centennial Building 1313 Sherman Street Denver, Colorado 80203 Phone: (303) 866.3441 STATE OF COLORADO fJ) MEMORANDUM Roy Romer Governor J. William McDonald Director . David W. Walker Deputy Director TO: Members. CWCB FROM: Bill McDonald DATE: November 17. 1988 SUBJECT: Agenda Item 16. November 28-29. 1988. Board Meeting-- Closed Basin Project Non-Federal Financing Requirement Introduction The Bureau of Reclamation estimates that the construction cost of the Closed Basin project will total not more than '$100.000.000. This exceeds the heretofore authorized ceiling by $25.000.000. In light of this circumstance. the Rio Grande Water conservation District sought legislation in the last congress to increase the authorized ceiling for the project. In the course of seeking to move that legislation through Congress. various issues concerning the project and concerning non-federal financing were encountered. The district's reprenentatives and I were able to obtain the necessary legislation in the waning days of Congress only by agreeing to a series of amendments to the original authorizing legislation for the project. One of these requires non-federal financing for a portion of the remaining costs of the project. Non-Federal Financinq Requirement The new legislation amends section 109 of the original authorizing legislation to read as follows: SEC. 109. There is hereby authorized to be appropriated the sum of $94.000.000 (October 1988) for the construction of the Closed Basin Division of the San Luis Valley project. ...; provided. that none of the funds authorized herein for construction in excess of $75.000.000 may be expended by the Secretary unless and until the State of Colorado or a political sUbdivision thereof has entered into a 8725E