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<br />lQ~;: <br /> <br />REEVALUATION STATEM~~T <br /> <br />NARROWS UNIT, COLORADO <br /> <br />PURPOSE <br /> <br />This statement supplements and modifies the Regional Director's <br />Re~ort on the Narrows Unit, Colorado, South Plstte Division, Misaouri <br />River Basin Project. dsted January 1967, contained in House Document <br />No. 320, 90th Congress, 2d Session. The modifications are as <br />follows: <br /> <br />(1) Project and OM&R costs have been indexed to reflect <br />January 1969 price levels. <br /> <br />(2) The interest rste for economic analysis has been <br />revised from 3-1/8 percsnt to 3-1/4 percent. For <br />financial analysis an exact rate of 3.342 percent has <br />been used in determining reimbursable costs under <br />Public Law 89-72. <br /> <br />(3) Flood control benefits have been revised by the Corps <br />of Engineers. <br /> <br />(4) A fish hatchery has been added and fish and wildlife <br />costs and benefits have been revised. <br /> <br />(5) Benefits, costs, and the construction schedule for <br />recreation development were reevaluated by the National <br />Park Service based on updated criteria for construction <br />costs, population, annual costs. and vehicular traffic. <br /> <br />DESCRIPTION OF THE PLAN <br /> <br />The plan for the Narrows Unit is identical to the plan contained <br />in the January 1967 report exce~t for the addition of a fish hatchery to be <br />constructed downstream from the dam. This feature has been sdded at the <br />request of the State of Colorado as indicated by s ststement appended to <br />this report. <br /> <br />The unit would be located in northeastern Colorado along the South <br />Platte River. Irrigable lands are in Morgan. Logan, Washington, and <br />Sedgwick Counties. Narrows Dam and nearly all of the reservoir area <br />would be in Morgan County. A small portion of the flood control pool <br />would extend into Weld County. <br />