43-4-1506. Fuels impact reduction grant program.
306 words·~1 min read·
/co/title-43-transportation/article-4-financing/43-4-1506·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)There is hereby created the fuels impact reduction grant program to provide grants to certain critically impacted communities, governments, and transportation corridors for the improvement of hazardous mitigation corridors and to support local and state government projects related to emergency responses, environmental mitigation, or projects related to the transportation of fuel within the state.
(a)As part of the fuels impact reduction grant program, the enterprise shall annually distribute ten million dollars from the fund to the following political subdivisions for the improvement of hazardous mitigation corridors in the state prioritizing uses related to safety and environmental impacts:
(I)Six million four hundred thousand dollars to Adams county;
(II)Two million dollars to the city of Aurora;
(III)One million three hundred thousand dollars to El Paso county;
(IV)Two hundred forty thousand dollars to Mesa county; and
(V)Sixty thousand dollars to Otero county.
(b)If the enterprise is unable to distribute ten million dollars pursuant to subsection (2)(a) of this section, the enterprise shall distribute the dollars it can distribute in the same proportion as described in subsection (2)(a) of this section.
(c)If a political subdivision is unable to accept the annual distribution made pursuant to subsection (2)(a) of this section, the enterprise shall distribute the unaccepted amounts to the other political subdivisions on a proportionate basis.
(3)The enterprise shall annually distribute up to five million dollars from the fund, after making the transfers required by subsection
(2)of this section and after providing for the administrative expenses of the enterprise, to key commercial freight corridors, to support state government projects related to emergency responses and measures to prevent emergencies, including but not limited to the study required by section 43-1-133, environmental mitigation, or the transportation of fuel within the state on routes necessary for the transportation of hazardous materials.