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02/02/2004 17:23 7194813452 PAGE 04 . Union Park~s pumped-storage and mufti-basin delivery facjlities can be permitted and constructed in four seff-funding phases over a 7 to15 year period! for a total cost of about $3 billion; T . Union Park's Phase I Dam. Taylor-Union pump/generator facifitYl and Union~Ante(o S;phon to Denver and Colorado Springs would cost about $1.5 biBion. Colorado Springs and EI. Paso County would event.ually need another gravity pipeHne through South Park to Rampart Reservoir above the Air Force Academy~ . Union Park.s Phase 2 pumped-storage filling and peaking power operation between Blue Mesa and Union Park Reservoirs would cost about $900 million, including several smaff fishing and irrlgatjon reservoirs for local Gunnison needs; . Union Park~$ optional Phase 3 reversible interconnect pipeline be~een Union Park Reservoir and Fry-Ark's southern collection system could further enhance efficiencies of existing reservoirs throughout four river basins for about $250 milHon; . Union ParkJs optional Phase 4 pipeline branch from the Unjon~Antero high pressure siphon can augment the Rio Grande Basin over Poncha Pass. when needed. for droughts and endangered species needSJ for about $250 million; . Unfon Park's high storage concept can substantially reduce regional evaporation losses, j.e~ 1 '!4 feet annuaUy from surface of Union Park vSt 7 feet from Lake PoweH; . Union ParkJs expected 1 0 to 1 benefit4Wcost ratio for enhancement of water rights and utilities throughout five major river systems js about 500% more efficient than any other current or proposed Western water storage project; . Union Park can quick'y solve regional water qualitYI endangered species I farm dry- up, Front Range growth~ Black Canyon, Kansas shortages, etc4J without additional dewatering of Colorado's excessively depleted South Platte. Arkansas, and Cotorado Main Stem RiversJ as weU as regional ground water reserves; . Union Park can be owned and managed by cooperating Western and Eastern Slope water providers~ or a Statewide Water Authority; or a Regional Water Authority; . UnIon Parkls unique high altitudel mufti...basinJ pumped-storage water and power enhancement concept can seNe as a watershed pilot program to solve the Wesfs escalating clean water and power crisis for future droughts and growth.