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BOARD00284
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BOARD00284
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Last modified
8/16/2009 2:48:13 PM
Creation date
10/4/2006 6:34:50 AM
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Board Meetings
Board Meeting Date
1/12/1971
Description
Agenda or Table of Contents, Minutes, Memos
Board Meetings - Doc Type
Meeting
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<br />I <br /> <br />the financial aspects of the Storage Project. <br />All of the summer power has been marketed and <br />about 90 percent of winter power. Our revenues <br />are running about $25 million a year. So far <br />total revenue for the project is $102 million. <br />So the revenue picture is a good one and a <br />strong one. <br /> <br />As most of you are aware, reclamation is <br />working with a group of the utilities for <br />additional capacity in western Colorado. We <br />tie into this because of transmission contracts <br />and exchange between north and south. The <br />plant has not been finalized but very active <br />work is being done leading to.a.definite <br />scheme for this additional capacity in western <br />Colorado. Those involved and being of assist- <br />ance are Colorado Municipal, Colorado ute, <br />Tri-State G & T, Salt River Project and the <br />Public Service Company of Colorado. <br /> <br />Under our investigation program, we are <br />working with the state on its water plan in <br />cooperation with the other two regions of <br />reclamation in Colorado. <br /> <br />We have started our studies on the Uncom- <br />pahgre Project improvement and are participat- <br />ing in the Western united States Water Plan. <br /> <br />Feasibility studies are continuing on <br />the Basalt Project, Bluestone, Grand Mesa, <br />Lower Yampa, Upper Gunnison and, Si, we are <br />going to reflect in a revision to the Yellow <br />Jacket report the agreements with the Game <br />and Fish and will have that done this fiscal <br />year. <br /> <br />I <br /> <br />Program and budget, for the Storage <br />Project and participating projects, I'd like <br />to mention that we have requested in the <br />President's Budget funds in the amount of <br />$5,264,000. This is for both advance plan- <br />ning and construction. The congress appro- <br />priated $6,272,000, which includes $133,OOO <br />
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