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<br />. <br /> <br />Outline for a Conceptual Proposal <br />by the <br />Upper Division States and CUWCD <br />for the <br />Future Use of CRSP Power Revenues <br /> <br />. August 3, 1988 <br />(Subject to Final Approval by the States) <br /> <br />. <br /> <br />1. Beginning in January 1990, the CRSP power rate would have four components: <br />A. Prospective annual or capitalized costs allocated to the power <br />function (including threatened and endangered species and salinity <br />control program costs?) after the date of the enactment of this <br />legislation; <br />8. Repayment by the end of FY 1994 of the capitalized costs allocated to <br />the power function (including interest) incurred in CRSP prior to the <br />date of enactment of this legislation; <br />C. Payment of debt service (principal, interest, and issuance costs) on <br />the present value of all costs allocable to irrigation which are <br />beyond the ability of the irrigator to repay, said present value to <br />be set in the legislation as a specified amount, which amount will <br />include: (1) costs of the CRSP storage units allocable to <br />irrigation; (2) costs of the completed CRSP participating projects; <br />(3) costs incurred to date for the Central Utah Project; and (4) <br />costs of phase I of the Animas-La Plata Project; and <br /> <br />. <br /> <br />. <br />