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<br />02/02/2004 17:23 <br /> <br />7194813452 <br /> <br />PAGE 03 <br /> <br />Conceptual Advantages <br /> <br />Union Park Regional Water Sugplv and Power Prof!g <br /> <br />. Union Park's innovative concept assumes that Western headwater states should <br />pump some of their high quality snowmelt into high altitude, offMrlver reservoirs <br />during heavy runoff years to protect cities, farms, and environments, 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 reversible pump- <br />generators during spring flood months, when surplus pumping power is available at <br />low rates from the Western power grid; <br /> <br />. Revenues from Union Park's advanced pumpedMstorage, peaking power facilities <br />can offset aU, or most, of its fixed and variable water supply and drought protection <br />costs; <br /> <br />. After Union Park's construction bonds are repaid, its clean peaking power revenues <br />can substantially reduce projected Western water user costs throughout the new <br />. millennium; <br /> <br />. Union Park can store and beneficially use Colorado's overlooked Aspinall Pool <br />federal water rights (300,000 acre-feet), which were authorized by Congress in 1957 <br />for both slopes. Union Park could also stofe water entltlements of other states; <br /> <br />. Union Park can save up to 1.2 million acre-feet of Colorado's wasted Colorado River <br />entitlements in high, off.riverl Gunnison storage during wet cycles. These conserved, <br />high quality headwaters will then be available at 10,000 feet for assured gravity <br />deliveries. when needed, throughout the Gunnison, Colorado, South Platte, <br />Arkansas, and Rio Grande River Basins; <br /> <br />. Union Park's flexible high storage can optimize river flows for fish and recreation, <br />while increasing water quantity, quality, reliability, and reuse opportunities, <br />throughout Colorado and down river states; <br /> <br />. Union Park's multi-basin drought protection benefits can quickly integrate conflicting <br />utility infrastructures into a safer, cost-effective, 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 />highl roller-compacted I concrete dam can be constructed to safely store up to 1.2 <br />million acre~feet, for about $400 million ($300 per acre-foot); <br />