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<br />Appendix B <br /> <br />USDA NRCS <br />Economic Valoe Report <br /> <br />The economic benefit of the project is considerable: <br />1) The NRCS estimates the value of property affected to be worth $1.6 million, within <br />the 1600-acre service area <br />2) The short-term value of potential water loss for irrigation for this property in the event <br />the project is not constructed is estimated: @ 2 tons per acre potential production <br />@$100 per ton= $240,000 per year <br />3) The energy saving per sprinkler system estimated at $2500 times 7 systems=$17500 <br />per year. <br />4) Using an estimated total project cost of $210,658+$14,400=$225,058 (to cover <br />design, construction of the pipeline project and all appurtenances, construction <br />supervision, and up to $10,000 in cost overrun), the project cost/benefit ratio is <br />$235,058/ $240,000 per year= .0.97 ratio. <br />