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<br />. <br /> <br />. <br /> <br />. <br /> <br />, <br /> <br />0877 <br /> <br />Estimated aecreational Benefits <br /> <br />AlthoUlh many economic benefits stem frompro- <br />vision of adequate recreational faciliti,s at reservoir <br />are.s, a lonl .tu~y of the subject has convinced the Na- <br />tional Park Service that such benefits cannot b...a- <br />sored sci.ntificall)' in monetary terms. Th. Servic. <br />believ.., howev.r, that its experience warrants a "jud,_ <br />.eDt value" approach to the proble. of alilsigninla mone- <br />tary value to pot.ntial recreational benefits'of proposed <br />projects., The Service holds that, provided a propo.ed <br />re..rvoir wou~dnot destroy .01'41 important conservation <br />and recreational values, expected benefits resulting <br />fro. (1) the construction of a reservoir and (2) fro. <br />full develop.ent of the needed recreational facilitie., , <br />would be ,rea tel' than the specific costs of developilll, <br />operating, and maintaining these facilities~A reason- <br />able e.timate of the benefits ariSing from each reser- <br />voir may be normally consid.red as an amount equal to <br />the specific costs of developing, operating, and main- <br />taining the recommended facilities. <br /> <br />The benefits arising from the development <br />reco_end.d for the, reservoir under the operating condi- <br />tioDBnow planned (see Appendix) total $462,400. (For <br />. relatively st.blereservoir operation as suggest.d <br />her. in , this filur. would' be mol'. than doubled, not in- <br />cluding secondary b.n.fits to the economic sitUation of <br />the Trinidad community resulting from anticipated in- <br />cr....d tourist-time spent in the vicinity.) <br /> <br />Recommended Agency for Administration <br /> <br />Th. City of Trinidad would be a logical agency <br />tor the admini,stration of recreation at Trinidad R.s.r- <br />voir. Th. city, as has b.en noted above, successfully <br />administers recreation at its water storage reservoirs <br />through the Isaac Walton Leagu.. Th. city governing <br />group not only has gained the experience qualifying it <br />for such an undertaking but also, through the City Uan- <br />.ger, has indicated an interest in the particular pro- <br />ject. Its value to the co_unity both for day-us. <br />recr.ation of the people living there and for its pos- <br />sibl. economicvalu. fro. tourist visitation is r.cog- <br />nized. Also, the lbcal community has the chief inter- <br />est in achieVing the necessary blending of reservoir <br />fUDctions so that not only flood control and irrigation, <br />but also the most in recreational resources may be ob- <br />tained. <br /> <br />APPENDIX G <br />Exhibit No.1 <br />Page 18 of 24 <br /> <br />J" <br /> <br /> <br />,h ~,-' '> ". :""-'_,-_" <br /> <br /> <br />. <br />