BOARD01352

• Board Meeting Date: 2/1/1966
• Description: Minutes
• Board Meetings - Doc Type: Meeting

down to permit the work on the inlet to the
Navajo Irrigation Tunnel.

I

storage began, as I mentioned, in Blue
Mesa this fall, in october, and we have 112,000
acre-feet in it and will accumulate storage
to replace the water that we borrowed from
Taylor Park Reservoir in order to get the
dead pool up.

On our power marketing, we have proceeded
along real well this year. with the build-up
of storage in Lake powell, up 45 feet from a
year ago, our capability has increased from
75 to about 95 megawatts. We have power con-
tracts now for delivery during the winter of
1970-71 of 656,000 megawatts, in tbe summer,
440,000 megawatts. The revenues to the storage
project are up from $7.5 million at the end
of 1964 now to a total of around $10 million.
I mean the $7.5 million is the gain during
this year.

We feel that during this build-Up phase
of accumulating generating capacity and water
in the reservoirs that we are well on the payout
schedule.

I

On our feasibility investigations, as you
know, we have two reports in the Bureau of
the Budget, the Animas-La plata and the Dolores.
The proposed feasibility report on Dallas
Creek, (this is the informal report that is
circulated to the states and the local entities
that have an interest in it), has been com-
pleted and that review is about finished. We
have comments back and the next step is to put
them into the final feasibility report; send
it on in for the 90-day review process.

The San Miguel project investigation at
the field level is substantially finished. We
have in final stages a field draft of a report
on this development. The results of the analy-
sis, I am pleased to report to you, appear