BOARD00930

• Board Meeting Date: 5/10/1961
• Description: Minutes
• Board Meetings - Doc Type: Meeting

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was possible that we could come up with a plan
whereby the Bureau could take advantage of cer-
tain existing transmission facilities of our
company, could take advantage of certain trans-
mission facilities that we propose to build, and
consequently project costs could be reduced.
That perhaps some way we could work out a system
by which we could enhance the feasibility of the I
Colorado River Storage Project. Actually, during
the consideration of the Colorado River Storage
Project by the Congress, our company appeared and c
made certain proposals to the Congress in connec-
tion with the transmission system, all with the
objective in mind of enhancing the feasibility
of the project if such could be accomplished.

I'd like to call your attention to House
Document No. 1087, 84th Congress. This is a
report of the House Interior and Insular Affairs
Committee in connection with the legislation
authorizing the project. This report states as
follows:

'The Committee expects this proposal by the
private power companies of cooperation in
the development to be carefully considered
by the Department of the Interior and the
electric power and-energy of the project
be marketed so far as possible through the
facilities of the electric utilities oper-
ating in the area: provided, of course,
that the power preference laws are complied
with and the project repayment and consumer
power rates are not adversely affected.'

Now if you keep those points in mind as we
make our presentation, I think you will see the
point.

I would like to emphasize that what Congress
has had in mind is that as long as the power I
rates are not affected, and as long as the proj-
ect repayment is either enhanced or not affected,
then Congress is saying that there is some merit ..
to a combination system. Just by way of a little
background, in 1959, as a result of the specific
directions of Congress,-certain.power studies