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that sort of a thing, bearing in mind, there is <br />going to be almost certainly more upstream devel- <br />opment, we might find that we could build at a <br />different site and pay twice as much money for <br />that site and still end up, from a sound economic <br />proposition as far as what we can produce from the <br />land or the municipality, that we would be far <br />better off to spend more at the upper site or <br />lower site or whatever it might be. I won't say <br />either way." <br />MR. BARRETT: "If the state concludes that and they can sell <br />it to the Congress, certainly I would go along with <br />it." <br />MR. OSBORNE: "You've got a little selling job to do with <br />the people that are going to use the water also." <br />MR. BARRETT: "That's why I said the state." <br />MR. OSBORNE: "From that standpoint, as far as the Bureau's <br />report goes, they simply evaluate what they think <br />is the relative cost of the reservoirs with no <br />reference made to the ultimate use of the water.. <br />Is that correct, Joe ?" <br />MR. BARRETT: "Except to this extent, that we assumed that <br />the use of the reservoir, irrigation benefits <br />from the reservoir, would be, for purposes of <br />this study, the same as the benefits which we <br />derived in our earlier study of the Narrows site. <br />Because we have had no time to do anything else. <br />You can't do anything else until you define a <br />use area and if there is more market for water <br />than there is water, then I don't think the Bureau <br />of Reclamation is going to define that use area. <br />I think the State of Colorado, the people of the <br />State of Colorado, are going to define that area <br />and that will affect the benefits." <br />MR. OSBORNE: "That is correct. Now we get to the matter <br />of use and fundamentally we can start pumping up <br />from the lower Mississippi back here if it wasn't <br />for cost and the cost of our delivery lines to <br />our affected area. It may have quite an effect <br />on what you should do with your reservoir. In <br />other words, the reservoir itself is only a small <br />IME <br />