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<br />~ <br /> <br />... <br /> <br />Mr. Woody Watson <br />April 19, 1995 <br />Page Two <br /> <br />address those issues and to attempt to visualize one or more ways in which those <br />problems may be resolved along with the financial implications of those scenarios. We <br />would suggest close coordination between you, Dave Barton, and Woodward-Clyde in <br />preparing this section of the report. <br /> <br />4. As mentioned at our meeting yesterday, the economic feasibility of the project is <br />also an important consideration (regardless of who actually pays the costs). The <br />information currently at hand indicates a total project cost of $975,380 and operation <br />and maintenance costs of $580 per year. This would result in an annual cost in the <br />neighborhood of $57,000 for each year of the CWCB loan. Assuming a reservoir yield <br />of 920 acre-feet per year, it appears as if the cost of water may be about $62 per acre- <br />foot per year. This is a fairly high figure for irrigation water supply. The report <br />should indicate whether the net value of the irrigated crop can support this, <br /> <br />Please don't hesitate to call me if you have any questions or if we can be of any assistance in <br />completing the feasibility report. <br /> <br />Sincerely, <br /> <br />73.~ <br /> <br />William E. Green, P.E. <br />Project Planning and <br />Construction Section <br /> <br />WEG <br /> <br />Voug.ltr (W:WCTRANS) <br /> <br />cc: <br /> <br />Bill Stanton <br />John VanSciver / <br />Mike Serlet <br />JanIllian <br />Dave Barton <br />John Sikora, Woodward-Clyde <br />