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<br />MR. STAPLETON: Are there any questions from the members of the board? <br /> <br />MR. CLAY: I might add that we have an advisory team consisting of about <br />thirty-five members which is assisting us with the project formulation. <br />New Mexico is represented on this advisory group as well as Colorado. <br /> <br />MR. COOLEY: The balance between the energy produced and the energy <br />required for the project again, please. <br /> <br />MR. CLAY: We produce about ninety million kilowatt hours. We need <br />about a hundred and fifty million, so we are purchasing about sixty <br />million. <br /> <br />I <br /> <br />COMMENT: I saw there where the city of Durango is asking for twenty- <br />five thousand acre-feet. Do they think that will be their needs in <br />the future? <br /> <br />MR. CLAY: Durango is in the process of re-assessing its water require- <br />ments. Twenty-five thousand is the figure that the advisory team has <br />been working with. It is under review right now. <br /> <br />Also, the fifty-five thousand acre-feet <br />tribe is under review and we don't have <br />Mexico participation in the project has <br />either as yet. <br /> <br />for the Southern Ute <br />any final approval. <br />not been approved by <br /> <br />Indian <br />The New <br />New Mexico <br /> <br />The delivery point, and amount of irrigation land and the M&I supplies <br />for New Mexico have not been resolved. This is what we have been <br />using in our current plan. There are some unresolved problems with <br />the current plan. That's why we say it's just a concept at this time. <br />The amount of land that the Ute Mountain Utes and the Southern Utes <br />have in the plan has not been approved by either one of the tribes. <br />They are still subject to refinements and changes. <br /> <br />MR. STAPLETON: If there are no further questions, then, we will go on <br />to the next item. <br /> <br />MR. COOK: Again, thank you. We will next cover briefly the San Miguel <br />and Paradox projects. (Following is a summary of the San Miguel and <br />Paradox projects given by Mr. Cook): <br /> <br />SAN MIGUEL PROJECT <br /> <br />Introduction <br /> <br />I <br /> <br />The project will be located in southwestern Colorado in the Upper Colo- <br />rado River Basin in Montrose and San Miguel Counties of Colorado. Con- <br />struction, operation and maintenance of the San Miguel project was <br />authorized by the Colorado River Basin Project Act of September 30, <br />1968 (Public Law 90-537). It is a participating project of the Colorado <br />River Storage Project Act enacted April 11, 1956 (Public Law 84-485). <br /> <br />.,.22- <br />