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Under this proposal , the Dawson Creek Reservoir (capacity of <br /> 3,310 acre-feet) , a project facility which is to be built <br /> specifically for fish and wildlife enchancement, would not be <br /> constructed. In lieu thereof, an enlarged and relocated Monument <br /> Creek Reservoir would be constructed for the purposes of <br /> supplying municipal and industrial water to the Town of Dove <br /> Creek and adjacent rural areas and to provide fish and wildlife <br /> and recreational enhancement benefits. <br /> The Bureau is still analyzing the proposal and consulting <br /> with the U.S. Fish and Wildlife Service. In turn, neither I nor <br /> the Division of Wildlife has yet had the opportunity to study <br /> this alternative in detail . <br /> Under the circumstances, the staff has only prepared very <br /> preliminary reconnaissance level cost estimates for the proposed <br /> relocated Monument Creek Reservoir. The estimated cost is <br /> $4,320,000 (see enclosed table) . We have used this facility as <br /> the basis of our cost estimate rather than the smaller reservoir <br /> originally planned by the Bureau since the relocated and enlarged <br /> reservoir would be more expensive. This was done to ensure that <br /> our cost estimate was high enough to cover the most expensive <br /> alternative. The staff is not, however, recommending that a <br /> decision be reached at this time on the proposal to delete the <br /> Dawson Draw Reservoir in favor of an enlarged and relocated <br /> Monument Creek Reservoir. <br /> • <br /> Recommendation <br /> I recommend that the Board recommend to the General Assembly <br /> as its first priority for 1983 the authorization of $7 ,000,000 of <br /> construction fund monies to finance 100 percent of the costs of <br /> the Cortez pipeline and the Monument Creek Reservoir, subject to <br /> the conditions that: <br /> ( 1 ) the Board's investment shall be repaid by the District <br /> over 40 years with a 5 percent service charge, <br /> ( 2) the final location and size of the Monument Creek <br /> Reservoir shall be subject to the Board's prior <br /> approval , and <br /> ( 3 ) if the Monument Creek Reservoir, wherever located and <br /> of whatever size, serves purposes other than municipal <br /> raw water storage, then the Board 's investment in the <br /> reservoir shall be limited to that portion of the total <br /> reservoir costs which is, in the Board 's opinion, <br /> reasonably allocable to municipal water supply. <br /> JWM/gl <br /> Enclosures : as stated <br /> MEMORANDUM -3- 3/1/83 <br />