The Arkansas Valley Depends uopn More Water: Fryingpan Arkansas Project

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Revenue sources for repayment: 1. Sale of irrigation water to farmers 2. Sale of water to municipalities and industries 3. Sale of power 4. Ad valorem tax on property values in Conservancy District 5, Storage charges Non- Reimbursables: $21,000,000 Fish and Wildlife Recreation Flood Control With the exception of the amounts invested i, blood Control, Fish & Wildlife and IRQ�erea- tion, all money invested in the project will be repaid to the United States Treasury, The amount charged to municipal water and power bears interest at the prevailing Treasury rate, which amounts to $79,500,000. Under the present Reclamation Law, tide invebti -rent in irrigation bears no interest, Of the total for irrigation, $70,000,000, farmers will repay $50,000,000, and the balance, $20,- 000,000, will be repaid from power, Municipal and Industrial revenues after the power, Mu- nicipal and Industrial investment has been repaid. Benefit -to -Cost Ratio 1.52 -1 Water For Agriculture The project will import new water supplies, regulate existing supplies for more efficient use, furnish additional Storage space to conserve flood flows, and furnish space for holdover storage. The land benefitted is composed of silty loam, clay loam, and clay soils and has good surface drainage. Averagc annual he?adgotu icyuir`enieri s an--- 3.00 ac re-tee" per acre. Headgate sliort3ges in the Valley will be reduced as a result of the project development. Additional irrigation water will increase net farm income and net benefits from processing and marketing farm pro- ducts. Water For Homes and Factories Municipal and industrial water° available in the Arkansas Valley is barely adequate- and the need for water has become critic=al with population increases. In many towns water is of poor quality