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02/02/2004 17:23 7194813452 PAGE 04 . Union Park's pumped-storage and multj..basin delivery facilities can be permitted and constructed in four self...funding phases over a 7 to15 year perjod. for a total cost of about $3 billion; . . Union Park's Phase I Dam1 TaY'lor~Union pump/generator facility~ and Union-Antero Siphon to Denver and Co'orado Springs would cost about $1.5 bUlIon. Colorado Springs and EI, Paso County would eventually need another gravity pipeline thr.ough 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 wourd cost about $900 milUon, including severaf small fishing and irrigation reservoirs for locaJ Gunnison needs: . Union ParkSs 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 mHlion: . Union Park's. optional Phase 4 pipeline branch from the Union-Antero high pressure siphon can augment the Rio Grande Basin over Poncha Pass~ when neededJ for droughts and endangered species needs, for about $250 million; . Union Park1s high storage concept can substantially reduce regional evaporation losses. i.e. 1 ~ feet annually from surface of Union Park V8. 7 feet from Lake Powell; . Union Park's expected 1 0 to 1 benefit..cost ratio for enhancement of water rights and utilities throughout five major river systems is about 5000/0 more efficient than any other current or proposed Western water storage project; . Union Park can Quickly solve regional water quality! endangered species~ farm dry- up, Front Range growthl Black Canyon, Kansas shortages, etc~J without additional dewatering of Colorado~s excessively depleted South Platte_ ArkansasJ and Colorado Main Stem Rivers! as well 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 Park~s unique hJgh altitude. multi-basin, pumped-storage water and power enhancement concept can serve as a watershed pilot program to solve the Wesfs escalating clean water and power crisis for future droughts and growth.