Colorado § 37-95-107.5 - Legislative declaration - specific project authorizations.
Full text of Colorado Colorado Revised Statutes § 37-95-107.5 — Legislative declaration - specific project authorizations., with citation guidance and answers to common questions.
§ 37-95-107.5. Legislative declaration - specific project authorizations.
(1) It is hereby declared to be the policy of the general assembly to protect and foster the full utilization of Colorado's limited surface water resources by allocation thereof through the operation of the appropriation system as provided by sections 5 and 6 of article XVI of the state constitution. Any judicial interpretation or other law to the contrary notwithstanding, the water rights appropriation and adjudication system of the state of Colorado shall continue to be utilized to establish priority of right to the use of the natural streams within the state which include groundwater tributary thereto.
(2) It is the recognition and intent of the general assembly that investment in the state's water resources for future generations must be made from state funds, from private capital, or from other moneys available to the authority. Major Colorado water projects should be developed as soon as possible in anticipation of demand and revenues.
(3) Several compacts relating to interstate streams have been entered into by the state on behalf of the people of the state of Colorado to reserve for the people the right to the use of such waters under the appropriation doctrine. It is hereby declared to be the policy of the general assembly to fully utilize, for the maximum benefit of all the people, said natural stream resources. To achieve such utilization, the general assembly hereby directs the authority to proceed with project development and financing in accordance with agreements between the project sponsor and the authority, and consistent with the provisions of this article, such projects as the Colorado water conservation board identifies in statewide water supply initiatives and associated feasibility studies and other projects identified by the authority.
(4) (Deleted by amendment, L. 2003, p. 2412, § 6, effective June 5, 2003.)
(5) The provisions of this section shall not be applicable to the financing of any small water resources project.
Source: L. 85: Entire section added, p. 1190, § 1, effective June 13. L. 89: (5) added, p. 1433, § 5, effective April 18. L. 2003: (2), (3), and (4) amended, p. 2412, § 6, effective June 5.
Frequently Asked Questions About Colorado § 37-95-107.5
What does Colorado Revised Statutes § 37-95-107.5 cover?
Section 37-95-107.5 ("Legislative declaration - specific project authorizations.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 37-95-107.5?
A common citation format is "Colorado Revised Statutes § 37-95-107.5" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 37-95-107.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.