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<br />1684 <br /> <br />The cost of this estimated transmission <br />line 1s important toour:planning., This-transmis- <br />sion system by the Bureau was estimated <br />to cost, in the last financial analyses, <br />$157 000,000. I think in my memorandum I <br />put $150,000,000 but I left off $7,000,000. <br />I couldn't read my notes very well that I <br />brought back from Salt Lake. It is actually I <br />$157,000,000 that the Bureau estimated that <br />these lines would cost. This is, of course, <br />a staggering amount of money. <br /> <br />For some years, the private power com- <br />panies have been working on a plan to market <br />the storage project power. Now bear in mind <br />that up to this point, the Secretary of In- <br />terior has not designated the marketing area <br />for storage project power. So it is obviously <br />impossible to firm up the transmission system <br />until it is known where the power is going. <br />In other words, you can't build a pipeline to <br />any place until you know where you are going <br />to build it and how much water you are going <br />to carry. So at this time these plans are in <br />a tentative stage. We think that is not a <br />very practical situation in which to work, <br />nor very practical conditions under which <br />the Bureau is .lorking. We are now getting <br />almost in the preconstruct ion stage for these <br />transmission lines and the Bureau can no <br />longer be kept in the dark as to the power <br />market. <br /> <br />-. <br /> <br />But in its tentative allocations the <br />Bureau has assigned to the State of Colorado <br />a marketing area for 545 megowatts of the <br />storage project power, which reduced into <br />percentages, is something like 49% of the <br />storage project power. I don't think we. <br />have any basic complaints upon that alloca- <br />tion to the State of Colorado, if that tenta- <br />tive plan is finalized. Anything less than <br />that we feel we must resist in Colorado be- <br />cause certainly we take the position that <br />power allocation should follow somewhere <br />between the water allocation and the reve- <br />nue allocation. The 49% fits right into <br />that category, so we, at this time, have no <br />complaint upon the allocation to the State <br />of Colorado. But as I say, that is only <br />tentative and is in the planning stage by <br />Region 4, of the Bureau, and as far,-,as we <br />are able to determine, no instructions have <br />been set down by the Secretary of Interior <br />confirming this tentative plan. <br /> <br />I <br />