Arkansas Valley Conduit Funding Bill
Official: Finish the Arkansas Valley Conduit Act
This bill helps provide reliable water supplies to communities in Colorado by changing how the Arkansas Valley Conduit is funded and maintained. It aims to support those who struggle with water access and financial challenges.
Finish the Arkansas Valley Conduit Act This bill reduces payments that communities within the Arkansas River Valley must pay to the Bureau of Reclamation for the construction of the Arkansas Valley Conduit, a pipeline in Colorado for delivering water from the Pueblo Reservoir to such communities. Specifically, it removes interest payments and extends the repayment period to 100 years.
1. This bill changes how the Arkansas Valley Conduit is funded. 2. It allows for a 35 percent cost payment for the conduit. 3. Communities with unreliable water access can benefit from this funding. 4. Payments can be spread over 75 years for those facing financial hardship. 5. The bill also requires parties to maintain the conduit.
Communities and households in Colorado without reliable access to water.