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. . . COLORADO WATER CONSERVATION BOARD Department of Natural Resources 823 State Centennial Building 1313 Sherman Street Denver. Colorado 80203 Phone: (3031866-30441 STATE OF COLORADO o Richard O. Lamm Governor M E M 0 RAN DUM I. William McDon.lld Oir<<!ctor David W. Walker Deputy Director TO: Members, eweB FROM: Bill McDonald DATE: November 18, 1982 SUBJECT: Agenda Item 9b, December 2, 1982, Board Meeting-- project Preview Introduction At its October meeting, the staff provided the Board with an overview of nine projects, eight of which may be ready for the Board's consideration at its January meeting. There was considerable discussion at that time about several general issues which some of the projects raise. As a result, the Board asked that these matters be given further consideration at the December meeting, with final action to be taken on each individual proposed project at the January 6-7, 1983, Board meeting. Discussion For your reference I have attached my September 30 memo which served as the basis for discussion at the October Board meeting. The primary issues which need further attention at this time are issues 3 (timing of Board recommendat ions) and 4 (financing issues) as set forth in the September 30 memo. The Grand Mesa and Stagecoach Reservoir (formerly Bear Reservoir) projects are the two primary projects which raise questions about the timing of the Board's recommendations to the General Assembly. An economic evaluation (i.e., benefit-cost analysis) has not been performed on either project. Both are likely to require formal federal environmental impact statements. Also, a substantial amount of additional engineering work and associated evaluations must be performed on both (over) 140 ai/9b I John R. fetcher. Chairman - Herbert H. Vandemoer, Vice Chairman C.M. furneauJ.. Floyd l. Cetl. O..le f. Grant, Raben. A. Jackson. Rlch:ard W.lohnS10n. lr .,Fredetick". Kroeger, Oavidw. Robbins