COLORADO WATER RESOURCES DEVELOPMENT AND POWER AUTHORITY

BACKGROUND

The Colorado Water Resources Development and Power Authority (CWRDPA or Authority) was created by the Colorado State General Assembly in 1981. The Authority has evolved into a major financing resource for water and wastewater utilities throughout Colorado. In the 1980’s, the Authority was involved with many water projects and basin-wide studies, the satellite stream monitoring system, the financing of the Stagecoach Reservoir Project and negotiations involving the Animas-La Plata Project. Starting in 1989, the Authority began focusing on financing activities with the first bond issue for the Water Pollution Control Revolving Fund. In 1990 the Authority completed its first “pooled” financing for the Small Water Resources Projects Program. In 1997, the Authority completed its first financing for the Drinking Water Revolving Fund. With statutory changes adopted in 2003, the Authority may fund loans of up to $500 million per borrower per project.

MISSION

MANAGEMENT

The CWRDPA is governed by a nine-member Board of Directors appointed to four-year terms by the Governor and confirmed by the Senate. The Board members are chosen geographically from the eight major drainages basins around the State and from the City and County of Denver.

RELATED LINKS

Colorado Water Quality Control Division

Colorado Department of Local Affairs

Colorado Rural Development Council

Colorado Water Conservation Board

Colorado Wastewater Utility Council