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<br />, <br /> <br />Yamcolo site. All project purposes will be accomplished by regulation <br />of releases in this reservoir and the utilization of ditches and <br />diversion structures already in existence along the course of the river. <br />The proposed Yamcolo dam would be constructed across the Upper <br />Yampa River with a maximum height of 100 feet and a crest length of <br />1,920 feet. The dam would form a reservoir of 9,000 acre-foot capacity <br />with a maximum surface area of 175 acres. The estimated cost of the <br />project is $3,270,000, Annual benefits are estimated at $364,000. <br />It is proposed that the Colorado Water Conservation Board con- <br />struct a portion of the project to the extent of $1,000,000. The board <br />would then levy service charges in the amount of $43,260 annually for <br />a period of forty years. Any participation by the board would be <br />contingent upon the remaining finances being arranged by the district. <br />RECOMMENDATION AND PRIORITY <br />It remains to be seen whether or not the proposed water allocations <br />from the reservoir can be allocated under a firm subscription, and as <br />to whether or not the remaining financing can be secured. Assuming <br />however that these problems can be solved, the staff recommends that <br />this board participate in the construction of the p~oject to the extent <br />of $1,000,000 as herein described, It is further recommended that this <br />project be assigned priority number six and so recommended to the 1976 <br />session of the Colorado General Assembly. <br /> <br />FLS:mm <br /> <br />-3- <br />