From the Pueblo Chieftain (Chris Woodka):
The Fountain Creek Flood Control and Greenway District, signed into law last month by Gov. Bill Ritter, has no money yet, and in fact won’t officially come into existence until July 1. Ritter will attend an event to mark the formation of the new district at 5:30 p.m. Monday at Fountain City Hall. In the meantime a governing board created by the Fountain Creek Vision Task Force has been meeting. It will next meet at 10 a.m. May 29 at Fountain City Hall. The interim board has met to provide continuity and many of its members probably will sit on the district board in July. The nine-member board will have equal representation between the two counties. A joint appointment by the Pueblo County commissioners and City Council should be made in the next month. About a dozen people had applied before the deadline for applications closed Friday, [Pueblo County Commissioner Jeff Chostner] said.
The district will get $50 million over five years from Colorado Springs if the Southern Delivery System is completed from Pueblo Dam. Colorado Springs Utilities is now doing a business evaluation of the costs of their preferred route or an alternative through Fremont County.