BOARD00374

• Board Meeting Date: 9/30/1957
• Description: Minutes
• Board Meetings - Doc Type: Meeting

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cheaper than three or four dams to
accomplish less storage with approxi-
mately the same amount of power."

"Mr. Cory, do you have a question or
statement you would like to make?"

Mr. Cory spoke at some length on the history of the
Curecanti Project and the development of the 940,000 acre-
feet plan. Questions were asked of Mr. Larson and Mr. Dex-
heimer who gave the information requested.

MR. PETERSON:

MR. PETERSON:
MR. NELSON:

"Does anyone else have any questions?"

"What information is available on the
various Government procedures regarding
Paonia - is it going to be in the budget
next year?"

r-m. DEXHEIMER:

"I am not in any position to answer
for the Bureau of the Budget. So far as
the Bureau of Reclamation is concerned we
will make every effort to have it in the
budget for next year."

"Isn't it true that the Secretary has
already certified the required reports?"

"Yes. That is the report that is re-
quired before appropriations can be allotted."

"Is inflation having an effect on these
projects? Will you give us your statement
on this, Mr. Dexheimer."

MR. PETERSON:

MR. DEXHEIMER:

....

SENATOR CARROLL:

MR. DEXHEIMER:

"Overall costs for building, that is on
all types of building, have jumped between
4i~ and 5% per year. Those vary with the
type of work and amount of skilled labor
required percentage wise. Labor unions have
provided a substantial wage increase and
other fringe benefits, not only this year
but for the next two years. Those will aver-
age from 4% to 8%.

As you all know,
is steadily going up.
the cost of steel and

the cost of materials
The recent rise in
cement has been costly.