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0..: r0- c - 29, Operation nnd maintencnce, including'pumping, is estimated to cost about}3,50 per o.cre o.ssessed <:nnui111y, ill1d the J.vurage annuLLl payment for bond interest and retirement is ~2,35 per acre, m2king a total of ~5.85 per acre. This would exceed the amount w<:ter users could PJ.Y, plus other income to the district, even 'rith no account being t~ken of production from the present ~~ter supply. Thus, nothing 1IDuld be available for repi1ymont of construction costs-of thedovelopment, The annuLLl cost of operation and maintenance, pump- ing, and repayment of construction costs, .~uld total $4,90 per acre or 18ss than the water users ability to pay for water. Payment of this amount would leave only about 55 cents per acre a.vailable for pa3@ent on bonded indebtedness or less than enough to pa.y the avera.ge annual interest costs on the bonds with nothing left for bond retire- ment, a prior claim. c 30, It must be concluded, therefore, that the District .~uld not be able to pay for the projoct if it were constructed. Benefits and Costs 31. Since the pipeline would reduce transmission losses from the present rate of 50 percent to the estimated rate of 20 percent, a reduc- tion of 30 percent of 2,950 acre-fout of watc,r, 885 ::cre-feet of addi- tional water .rill be made available at the farm. With 0. water require- ment at the fJ.rm of 2.2 acre-feet per acre for general crops, this amount of saved wJ.tGr would furnish J. full supply for 400 J.cres. 32. The gross value of general crops produced with a full water supply would average ~40 per acre on the basis-of 1939-44-price level. The gross vc.lue of crops produced on 400 acres, therefore, would amount to 'IP16, 000 D.rUlual13T, Measured- in terms of gross crop vLLluu, the irri- gation benefits will total $16,000 annu::llly. This amount would be thE: total monetary benefit from the development as there .~uld be no benefits from flood control, fish 2nd wildlife or recreation. 33. The cost of constructing the pipeline is estimated :1t,i133,610 on the basis of 1944 prices, which amortized over c. 50-year period at 3 percent interest would represent an nnnual cost or about )5,200. Since operation QUd maintenance costs are not expected to change, this amount would represent total annual increase in costs. 34. ,~th annual benefits of ~16,ooo 2nd annual costs of ~5,200, the benefit-cost ratio is 3.08 to 1, indicating th2.t c.bout1;3.00 1;rorth of benefits would accrue from each ~l.OO spent on the development. Other Results of the Development 35, Since the development under consideration would not furnish an adequate 1.ater supply for the irrigation farms c.lready in the proj- ect area, no new settlement opportunities would result. The develop- ment, however, "~uld p~rmit increased production from present farrfi lands 7