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<br /> <br /> <br />. 2. Conduct additional discussions with the North Sterling Irrigation District and <br /> Julesburg Irrigation District relative to use of existing conveyance facilities to fill <br /> a new storage reservoir and potentially convey flow from a new reservoir. <br /> Establish a "carriage charge" that can be used in the financial analysis of a <br /> preferred project. <br /> 3. Working with water users in the Lower Basin to establish a feasible price for <br /> water produced by a new project and identify the basic framework of a contract <br /> for purchase of the water. <br /> 4. The more specific technical aspects of the feasibility-level study would include: <br /> . Geologic and geotechnical field investigations of the most-attractive <br /> storage sites, including subsurface investigations of the most-promising <br /> sites. <br /> . Hydrologic studies to establish inflow design floods for dam and reservoir <br /> design. <br /> . Refinement of the water availability studies, as needed, to support an <br /> eventual water court filing for the project. <br />. . Refinement of the reservoir and system operations studies, focusing on <br /> specific alternatives and incorporating improved estimates of seepage, <br /> evaporation, and other potential losses. <br /> . Detailed environmental studies to evaluate the potential positive and <br /> negative effects of project implementation, including wetlands, flows in <br /> the South Platte River and Lodgepole Creek, threatened and endangered <br /> species, aesthetics, recreational uses, land uses, and socio-economic <br /> factors in the region. <br /> . Preparation of conceptual-level design of key project features, including <br /> the dams and their appurtenant facilities, diversion and pumping facilities <br /> for filling and draining the reservoirs, canal modifications (if needed), and <br /> potential mitigation measures <br /> . Detailed financial analyses (possibly including a cost-benefit analysis), <br /> including alternative loan terms and cost-sharing scenarios. <br /> . Identification of the institutional and inter-governmental arrangements for <br /> implementing and operating the project. <br /> 5. Under CWCB leadership, begin discussions of potential institutional <br />. arrangements for implementing the project and determine the State's role in <br /> project implementation. <br /> 6. Following completion of the feasibility study (or perhaps while the study is <br /> progressing), begin preparing documentation for a water rights filing for the <br /> project. 10 I <br /> <br /> <br />, ' <br />