Laserfiche WebLink
<br />MR. M::: COLM: <br /> <br />I <br /> <br />MR. PETERSON: <br /> <br />MR. SPARKS: <br /> <br />I <br /> <br />"It hasn't been determined as yet <br />whether we'll administer these areas or <br />not, So far, it is only the function of the <br />National Park Service to investigate and <br />plan these developments in cooperation with <br />the Bureau of Reclamation, The moneys that <br />will be spent for the federal investment, as <br />you probably know, are nonreimbursable or <br />nonreturnable funds. So it still remains a <br />problem as to who is going to take care of <br />them after the initial development is made. <br />To let out concessions like these, we have to <br />find people who are capable of putting the <br />money into that, <br /> <br />I don't think there needs to be any <br />worry about it, vIe have estimated that about <br />a half million people a year will visit the <br />area. I personally think that is a very <br />conservative figure. At our current method of <br />estimating benefits, that would come to about <br />$800,000 a year which will be spent. The <br />current bill before Congress, the new Flood <br />Control Act, puts a new title on streams in <br />there in which Congress says that benefits <br />from recreation on these reservoir projects <br />shall be estimated at not less than 50i per <br />visit per day. So even at that you get a <br />benefit there, estimating on that 50~ per <br />visit basis, of a quarter of a million dol- <br />lars a year, Over a ten year period that's <br />$12,500,000. The annual cost of federal <br />~articipation in recreation will run around <br />$158,000." <br /> <br />"Larry, that's in addition to the private <br />enterprises that will surely be along the <br />reservoir?" <br /> <br />"That's correct. That's only the federal <br />expenditure, which is contemplated initially <br />to be a little over $3,000,000, <br /> <br />On this side of the blackboard is the <br />control schedule for the Curecanti Project. <br />You will notice the black line here is the <br />Blue Mesa unit. Beginning July 1, 1960 - <br />the beginning of the fiscal year 1961 - this <br />is scheduled to start. It calls for the <br />expenditure of $1,400,000 in this fiscal year <br />which is the amount which Congress, we are <br />