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<br /> <br />N <br />W <br />00 <br />(.jl 3. Two lines of the Bureau to be temperarily deferred in <br />Colorade with pewer to be exchanged at ne charge with <br />the Public Service Cempany .of Colerado. <br /> <br />/ <br /> <br />4. An exchange arrangement effected with the Pacific Power <br />I; LightCempany in \Iyeming at ne charra, but with the <br />Bureau making the necessary investrrent fer intercenn- <br />ectien facilities, at the Flaminf Gerge Dam. <br /> <br />5. Rejection .of prepesals by the Public Service Cempany .of <br />Arizena with instructiens te continue te seek an inter- <br />cennectien afreement. <br /> <br />U'~OIt u.:lwt -<.1t&O/1Jr:O.t-<'Of~ WC..6 f;1~e SeC!letaJ1.!;' 06 li'l.tet'.40Mciew-<.on bC:1ledo!? <br /> <br />. <br /> <br />The Secretary's decisien was based upen the acceptance of letters .of <br />intent frem five cf the privete-utilities. The Secretary stated that: <br /> <br />"The plen achieves the Kennedy AdlIiinistratien foals of: (1) Max- <br />imum saving~ for the Upper Colorado Storage Basin Fund (which will <br />':fln<mce all mejer dams and participetinf recle.matien projects in <br />the Basin); (2) Full protectien .of the service ri."hts .of prefer- <br />ence custerrers at the lewest pessible rates; and (3) Strengthening <br />of the Federal systerr: through intercennections with facilities of <br />l~riv.:::.te [ower cOTc'::.;.mies.n <br /> <br />The Secret2ry maintains thet these prepesed errangements will result, <br />ever the 87 ye2.r payeut period of the preject, in an increase in net <br />reVenue of $77 millien as cempared te the .originally preposed all-Fed- <br />eral system. It is .of interest to nete here' that the pregrammed thermll <br />develepments .of the consumer-owned utilities are estimated te preduce an <br />estimated additienal net revenue eVer the same peried .of $216 millien, <br />nearly three times as much as the savine:s due te the revised utilities <br />.offers. ' <br /> <br />'. ',F.. <br /> <br />',"" <br /> <br />",-:~',: <br /> <br />1 ~ J, <br /> <br />" _~_~'. ",">~.. > ~, .'-'__ c;'..,G-.:'-'/, , <br />