|
<br />STAGECOACH RESERVOIR PROJECT
<br />FINANCIAL PROGRAM SUMMARY
<br />
<br />Funding under the Small Reclamation Projects Act.
<br />PL 84-984
<br />
<br />PROJECT COSTS
<br />EIS, Legal, Admin, Finance Costs
<br />BOR Participation
<br />
<br />1,483,000
<br />
<br />Engineering, Const. Mgmt.
<br />
<br />1,540,000 3,023,000
<br />
<br />CONSTRUCTION
<br />Dam and Reservoir
<br />Hydroelectric Plant
<br />Roads & Utilities
<br />Recreation Facilities
<br />Stillwater Ditch
<br />Mitigation
<br />
<br />5,880,000
<br />1,010,000
<br />1,250,000
<br />940,000
<br />225,000
<br />142,000
<br />----------- 9,447,000
<br />1,530,000
<br />2,200,000
<br />625,000
<br />758,000
<br />
<br />Reservoir Site Acquisition
<br />Water Rights (4)
<br />Interest During Construction
<br />Contingencies
<br />
<br />17,583,000
<br />
<br />SOURCE OF FUNDS
<br />Upper Yampa District
<br />Colorado Water Conservation Board
<br />Federal Funds
<br />
<br />2,646,000
<br />7,900,000
<br />7,037,000
<br />-----------17,583,000
<br />
<br />i
<br />r
<br />
<br />PROJECTED ANNUAL REVENUES AND EXPENSE
<br />
<br />*********************************************************************************
<br />
<br />REVENUE
<br />Sale of water to Colo-Ute - 9,000 af @ $35
<br />Sale of water to municipalities 1500 af @ $35 (I)
<br />Sale of Agricultural irrigation water 3915 af @$4
<br />Stagecoach Property Onwers Assessment (2)
<br />Power Revenues .1,,000,000 kwh 00.04 (3)
<br />Property Taxes (1.31 mills on 493,992)
<br />
<br />TOTAL PROJECTED REVENUES
<br />
<br />EXPENSE
<br />Colorado Water Conservation Board - 40yrs 5%
<br />Small Reclamation Projects Fund 3,402,000 grant
<br />3,635,000 Loan - 30 yrs at 7.5%
<br />Operation, Maintenance, Park & now Fees
<br />
<br />TOTAL OUT OF POCKET EXPENSE
<br />
<br />Reserve Payments
<br />
<br />TOTAL ANNUAL EXPENSE
<br />NET MARGIN
<br />
<br />Notes:
<br />1) Of the 2000 af allocated to municipalities, as of
<br />this date 1500 af is under contract
<br />2) Property owners assessment conunitted annually
<br />3) Power Revenues based on average run-of-the river flows
<br />4) Payment due after reservoir fills to 25,000 af
<br />
<br />1-5 years After 5 yrs.
<br />315,000 315,000
<br />52,500 70,000
<br />15,660 16,000
<br />15,000 30,000
<br />160,000 176,000
<br />647,000 690,000
<br />1,205,160 1,297,000
<br />467,000 467,000
<br />308,000 308,000
<br />135,000 150,000
<br />------------------------
<br />910,000 925,000
<br />50,000 50,000
<br />------------------------
<br />960,000 975,000
<br />245,160 322,000
<br />
<br />John R. Fetcher 6/1/88
<br />
|