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<br />20
<br />
<br />COLORADO RIVER STORAGE PROJECT
<br />
<br />
<br />At June 30,11959, there were 10 individually authorized projects in
<br />the upper basin of which 8 were completed and 2 were under construc.
<br />tion, AIl these projects except the Collbran Project were authorized
<br />as single.purposeirrigation projects, The purposes for which the
<br />Collbran Project waS authorized included power, irrigation, and mu-
<br />nicipal water ;suppl~, However, the Bureau's revised plllnof de.
<br />velopment does not mclude construction of facilities for the municipal
<br />wllter.supply purpose, The Burellu's latest estiIl)lItes of construc.
<br />tion costs for the 10 individulllly authorized projects total $53,842,386.
<br />E,!,isting poiver facilities of the i,ndividulllly authorized projects
<br />consist of two smllIlpower plants whiCh have been constructed at the
<br />Gmnd Valley and the Strawberry V IIl1ey Projects, The Grand
<br />V IIl1ey Project' power plant was finllnced and is opemted by a utility
<br />company, The Strawberry Valley Project power plllnt is opemted
<br />by the wllter lisers, ' ,
<br />At December 31, 1958, the Bureau had completed irriglltion facili-
<br />ties sufficient tp furnish irrigation service to 344,446 IIcres in the upper
<br />basin, During calendar yellr 1958, irrigation service was furnished
<br />to 275,137 acr~s, . " '" ,
<br />The Burellui of ReclllmlltlOn is IIn orgamzatlOn withm the Depart.
<br />ment of the I~terior under the supervision of the Assistllnt Secretary
<br />of the Interior!for Water and Power Development, ,Under authority
<br />delegated by the Secretllry of the Interior, the management of the
<br />Bureau is vested in the Commissioner of Reclamlltion, who is lip.
<br />pointed by the President, The Commissioner, in directing and
<br />supervising the irrigation, power, and other programs of the Bureau,
<br />has four assistl\nt commissIOners, Technical staffs are organized into
<br />16 divisions with offices located at Washington, D,C., and Denver,
<br />Colomdo, T~e activities of the Bureau included in this report are
<br />conducted frol11 the regional offices of the Bureau located at Salt Lake
<br />City, Utah; ~marillo, Texas; Boulder City, Nevada' and Denver,
<br />Colora~o; andi,fro,m t,~e Upper Colomdo R, iver Office, iocated at ~alt
<br />Lake City, Utl\h; project offices located at Rock Sprmgs Wyommg;
<br />Spanish For, k,;U, tah; and Grand Junction, Colorado; the development
<br />office located at Dumn.&o, Colorado; and unit offices located at Page,
<br />Arizona; Dutch John, Utah; and Farll)ington, New Mexico,
<br />
<br />SUMMARY OF JiRlNCIPAL FINDINGS
<br />
<br />1. Financ~al and economic analYSeS oj the Golorado River Storage
<br />Project land participattng projects '
<br />. In the Bur~au of Reclamation's second financial and economic
<br />analysis of the authorized Colorado River Storage Project and par-
<br />ticipating projects, dated December 1958, construction costs lire
<br />estunated tototlll $1,003,550,000. This estimate is IIn'IncrellSe of
<br />$11,376,000 over the estimllte shown in the Burellu's first, finllncilll
<br />IInd economic' IInalysis, dllted Februllry 1958, IInd IIn increllseot
<br />$69,890,000 o~er the estimllte considered by the Congressu priOr to
<br />lIuthorizlItion 'If the Colorlldo River Stora.ge Project l\Iid Jll\rticipating
<br />projects by th~ act of April 11, 1956. The Bureau antIcipates that
<br />net power reve/lUes will repllY about,91 percent of the total reimbursa,
<br />ble construction costs within the repayment ,periods specified in the
<br />lIuthorizing legislation. The Bureau's determinations on the ability
<br />of the project! to produce the anticipated net power reve~ues are
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