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<br />3QiJ <br /> <br />WOOill~1r <br /> <br />are presented for Narrows development with all authorized purposes and <br />for development without flood control. Commercial power is not included <br />in the allocations since it is not an authorized purpose and is not <br />economically feasible. <br /> <br />Repayment <br /> <br />The water supply for repayment purposes includes the water to be <br /> <br />acquired from the Wel don Valley Canal which woul d be inundated by the <br /> <br />I) <br />. <br /> <br />reservoi r. <br /> <br />Therefore, there woul d be a total water supply of <br /> <br />133,000 acre-feet available for repayment purposes 002,000 acre-feet <br /> <br />provided by the project and the 31,000 acre-feet acquired from Weldon <br /> <br />Valley Canal}. <br /> <br />Irrigation <br /> <br />Irrigation repayment will be based on a water supply of 108,000 acre- <br /> <br />feet annually. <br /> <br />The lower South Platte and the Central Colorado Water Conservancy <br /> <br />Oi stri cts have both entered into repayment contracts with the United <br />States to repay an appropriate share of the allocated irrigation costs. <br />Any modification in the amount to be repaid will necessitate negotiation <br />of the contracts. <br /> <br />Irrigation payment capacity has been indexed to reflect January 1981 <br />prlce levels. The full payment capacity would pay allocated annual OM&R <br />costs for Narrows Dam and Reservoir and repay a part of the allocated <br />irrigation construction obl igations. Table 5 shows that an estimated <br />$8.40/acre-foot is available for construction cost repayment. <br /> <br />12 <br />