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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />construction project. <br /> <br />Summarized below are the costs of each structural design alternative, presented herein. Again, <br />more complete information is presented in Appendix A. The summary provides a snapshot of the <br />costs for a 50-year project live cycle. <br /> <br />SUMMARY <br />ENGINEERS ESTIMATE OF PROBABLE PROJECT COSTS <br />(State of Colorado, FY 2001 Dollars) <br /> <br />Alternative One - No Action.....................................................No Capital Cost for New Facilities <br />Alternative Two - Detained Diversion to Boxelder Creek ............................................ $2,600,000 <br />Alternative Three - Diversion to the Wmdsor Canal (open channel option) .................. $1,800,000 <br />(pipe option)............................... $2,900,000 <br />Alternative Four - Reduced Flow Through Town ........................................................ $1,400,000 <br />Alternative Five - Undetained Diversion to Boxelder Creek......................................... $3,200,000 <br /> <br />BENEFITS and COSTS <br /> <br />One method of evaluating project alternatives is to quantify their respective economic benefits and <br />costs. Stated below are lists of assumptions, benefits and costs directly attributable to each <br />alternative. <br /> <br />12 <br />