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ENGBR <br />SUBJECT: Bear Creek Basin, South Platte River and Tributaries, Colorado, <br />Wyoming, and Nebraska <br />non - Federal. He estimates the annual charges at $846,700, including <br />$110,600 for operation, maintenance, and replacements, of which local <br />interests would bear $70, 600. The average annual benefits are <br />estimated at $2,585,000, consisting of $2,412,000 for flood control, <br />$145,000 for general recreation, and $28,000 for fish and wildlife <br />enhancement. Based on a 100 -year period of analysis, the ratio of <br />benefits to costs is 3.1 . For the modified project, the Division Engineer <br />estimates the first cost at $29,800,000, of which $29,281,500 would <br />be Federal and $518,500 non - Federal. Corresponding annual charges <br />are estimated at $1 , 156, 000, including $110, 600 for operation, main- <br />tenance, and replacement%,of which local interests would bear $70,600. <br />The average annual benefits attributable to the modified project would <br />be $2,585,000, the same as for the project recommended by the <br />District Engineer. The benefit -cost ratio is 2.2. <br />11. Public notice. - -The Division Engineer issued a public notice <br />stating the recommendations of the reporting officers and affording <br />interested parties an opportunity to present additional information to <br />the Board. Careful consideration has been given to the communications <br />received. <br />Views and Recommendations of the Board of Engineers for Rivers and Harbors. <br />12. Views. - -The Board of Engineers for Rivers and Harbors concurs <br />in general in the plan of improvement proposed by the District Engineer, <br />as modified by the Division Engineer. However, the Board notes that <br />the recommendations of the reporting officers provide that the cost for <br />initial filling of the recreation pool, presently estimated at $149, 000, <br />is creditable toward the non- Federal obligation prescribed by the <br />Federal Water Project Recreation Act. Although water rights, which are <br />normally a non - Federal responsibility, may not be directly acquired, <br />the Board considers it appropriate that non - Federal interests acquire <br />the water needed to establish the recreation and fish and wildlife <br />enhancement purposes in addition to the usual cost sharing under the <br />provisions of the Federal Water Project Recreation Act. The Board <br />also notes that separable > investment costs, rather than first costs, for <br />recreation and fish and wildlife enhancement are shown in the rec- <br />ommendations of the reporting officers. The total separable first costs <br />are estimated at $1,005 , 000 ($502, 500 non - Federal share) compared <br />5 <br />