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<br />MR. CORNELIUS: <br /> <br />MR. KROEGER: <br /> <br />MR. SPARKS: <br /> <br />MR. KROEGER: <br /> <br />"Yes, thank you." <br /> <br />"Are there any other questions from the <br />Board? Any questions from the audience? <br />Thank you, Mr. Moulder. <br /> <br />Larry. " <br /> <br />I <br /> <br />"Mr. Cha.irman, members of the Board, Ted <br />mentioned the fact that he might be looking <br />for some gage readers today. That's with <br />reference to the fact that the South Platte <br />River is now at flood stage, along with Bear <br />Creek and some of the other tributaries of <br />the South Platte in this area. We will go <br />into that sOmewhat later during this meeting <br />but most of our staff is out today on these <br />various streams looking at the gages and the <br />flood conditions. <br /> <br />Bear Creek is out of its channel both <br />above and below the town of Morrison. The <br />South Platte is out of its channel just below <br />the Chatfield Reservoir. In both cases, if <br />Mount Carbon Dam were on the river today, and <br />Chatfield Were on the river today there would <br />be no flooding conditions below those two <br />reservoir sites. However, flooding conditions <br />in the town of Morrison would still exist. <br /> <br />I might add that if a rainfall of a <br />magnitude of 1965, June IS, 1965, would now <br />occur on Plum Creek, the 1965 flood would be <br />only a minor event as compared to what would <br />happen today in Denver. The damages in the <br />Denver metropolitan area in the event of the <br />1965 rainfall on Plum Creek would exceed a <br />half billion dollars. We can only pray at <br />this time that we do not have a repetition <br />of the '65 precipitation on the Plum Creek <br />drainage." <br /> <br />I <br /> <br />"Thank you, Larry. This probably accounts <br />for the reason that the Corps of Engineers <br />are not here today. They are all out checking <br />