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<br />02/02/2004 17:23 <br /> <br />7194813452 <br /> <br />PAGE 03 <br /> <br />Conceptual Advantages <br /> <br />Union ParkAReQi9nal Water SUDDI~and Power Pro~ <br /> <br />. Union Park's innovative concept assumes that Western headwater states should <br />pump some of their high quality snowmelt into high altitude, off-river reservoirs <br />during heavy runoff years to protect citiesJ farms, and environmentsJ when and <br />where needed, throughout multiple river basins during multi..year droughts; <br /> <br />. Union Park will be filled from existing federal reservoirs with reversib'e pump- <br />generators during spring flood monthsJ when surplus pumping power is available at <br />low rates from the Western power grId; . <br /> <br />. Revenues from Union Park)s advanced pumpedlMstorage1 peaking power facHities <br />can offset all. or most, of its fixed and variable water supply and drought protection <br />costs; <br /> <br />. After Union Park1s construction bonds are repaid, its clean peaking power revenues <br />can substantiaUy reduce projected Western water user costs throughout the new <br />millennium; <br /> <br />. Union Park can store and beneficially use Colorado~s over'ooked AspinaH Pool <br />federal water rights (300,000 acre-feet)J which were authorized by Congress in 1957 <br />for both slopes. Union Park could also store water entitlements of other states; <br /> <br />. Union Park can save up to 1.2 milfion acre-feet of ColoradoJs wasted Colorado River <br />entitlements in high. offwriverJ Gunnison storage during wet cyc'es~ These conserved, <br />high quality headwaters will then be available at 10,000 feet for assured gravity <br />deliveries, when needed, througho.ut the Gunnisonj Colorado, South Plattej <br />Arkansas, and Rio Grande River Basins; <br /> <br />. Union Parkis flexible high storage can optimlze river flows for fish and recreation, <br />while increasing water quantitY1 quality~ reliabilitYJ and reuse opportunities, <br />throughout Colorado and down rjver states; <br /> <br />. Union Park's multi-basin drought protection benefits can quickly integrate conflicting <br />utility infrastructures into a saferi cost-effective 1 regional water supply and drought <br />protection system; <br /> <br />. Union Park is a unique win~win water and power project for the untapped Gunnison <br />Basin of origin. and for urban and rural stakeholders throughout both slopes; <br /> <br />. Recent geologic and engineering fieldwork indicates Union Park's modern 575 feet <br />high, roller-compacted J concrete dam can be constructed to safely store up to 1 ~2 <br />minion acre-feet, for about $400 mHUon ($300 per acre-foot); <br />