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<br />. <br /> <br />. <br /> <br />of Local Affairs and funds from revenue bonds, the City has or is <br /> <br />in the process of completing ail of the necessary improvements to <br /> <br />its water system except for the raw water storage reservoir. The <br /> <br />City of Craig Is requesting CWCS funds for one half of the <br /> <br />reservoir costs only. <br /> <br />The proposed reservoir would have a <br /> <br />capacity of 7,580 acre-feet and the estimated cost is $6,300,000. <br /> <br />The city is already fully metered. <br /> <br />CONCLUSION AND RECOMMENDATION <br /> <br />The City of Craig has made a concerted effort in recent <br /> <br />years to maintain an adequate water supply for its inhabitants. <br /> <br />It has succeeded In accomplishing this in every respect, except <br /> <br />for raw water storage, in spite of the accelerated growth over <br /> <br />the past 8-10 years. The proposed raw water reservoir will <br /> <br />complete the water system so that Craig will have an adequate <br /> <br />supply until the year 2000 or beyond. <br /> <br />Since Craig has issued several million dollars in bonds for <br /> <br />water improvements in recent years, It feels that it needs <br /> <br />outside assistance on the reservoir project. The funding <br /> <br />recommended for this project is therefore as follows: <br /> <br />City of Craig (revenue bonds) <br /> <br />$3,150,000 <br /> <br />State Funds (to be repaid by <br />water users) <br />Total <br /> <br />3,150,000 <br />$6,300,000 <br /> <br />-3- <br />