Bill 119 s 887, also known as the Memorandum of Understanding (MOU) on the Upper Colorado River Basin Fund, aims to address the impacts of a specific record of decision on the fund. The bill seeks to establish a formal agreem...
ent between relevant parties to ensure that the fund is used effectively and efficiently to address the needs of the Upper Colorado River Basin.
The record of decision in question likely pertains to a previous decision made regarding the management of the Upper Colorado River Basin Fund. This decision may have had unintended consequences or negative impacts on the fund, prompting the need for a memorandum of understanding to address these issues.
By establishing a formal agreement through the MOU, the bill aims to clarify the roles and responsibilities of the parties involved in managing the fund. This will help ensure that the fund is used in a way that maximizes its benefits for the Upper Colorado River Basin and its stakeholders.
Overall, Bill 119 s 887 seeks to improve the management and utilization of the Upper Colorado River Basin Fund by addressing the impacts of a specific record of decision. The bill emphasizes the importance of collaboration and cooperation among relevant parties to ensure the fund's effectiveness and sustainability.