Arkansas Valley Conduit: Will congress fork over the dough to get it built?

A picture named pipeline.jpg

From The Pueblo Chieftain (Chris Woodka):

“We’re working with the whole delegation, and they understand how important this is to Southern Colorado,” lobbyist Ray Kogovsek told the Southeastern Colorado Water Conservancy District Thursday. “I think we will be successful coming out of conference committee.”[…]

The district will attempt to get up to $14 million in the 2011 budget, as it attempts to make progress on the $300 million conduit after finally winning authorization. Federal contributions to the conduit and other parts of the Fryingpan-Arkansas Project would be repaid using excess-capacity revenues under the legislation signed into law by President Barack Obama earlier this year. Meanwhile, the Colorado Water Conservation Board still has funds available – about half of the $60.6 million loan approved three years ago – for its loan to cover local up-front spending for the conduit, said CWCB board member Reed Dils. At its meeting this week in Steamboat Springs, the board struggled with financial issues including a reduction in mineral lease revenues and the absence of new mineral severance taxes to support CWCB loans, he said…

The board also approved a contract of up to $118,000 with CDM Engineers for a water resource study related to the conduit. The money comes through local contributions and an EPA grant.

More Arkansas Valley Conduit coverage here and here.

Leave a Reply