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<br />I <br /> <br />notch 15 1;eet by 40 feet. The outlet works <br />will have a discharge capacity when the pool <br />is at its maximum level of approximately 5,070 <br />cubic feet per second and the outlet works are <br />the portion of the project which will be con- <br />structed first. <br /> <br />I <br /> <br />Next I would like to show you a slide <br />which indicates the financial data. Again I <br />trust that these figures will be reasonably <br />consistent \'li th those which Mr. Saunders gave <br />you. The estimated cost is $22 million approx- <br />imately, with the federal share of about $15.3 <br />million and the nonfederal about $6.7 million. <br />The annual proration of this estimated cost <br />over the life of the project is about $934,000. <br />It may be of interest to know the way in which <br />this money is e;~pected to be spent. About 17 <br />percent of the cost will be attributable to <br />lands and damages; about 30 to 35 percent for <br />relocations; and then the actual physical <br />facilities of the dams, roads, buildings and <br />other facilities, in the vicinity of 45 to <br />40 percent. Annual estimated benefits for <br />flood control about $610,000; for irrigation, <br />and I too do not have a specific figure of <br />the value of water per acre-foot, about <br />$270,000; and a figure of about $130,000 for <br />recreation, fish and wildlife. You will notice <br />from a footnote on this slide, this is com- <br />puted on the basis of appro;cimately 93,000 <br />general visitations and then something in the <br />vicinity of 25,000 fishermen days annually. <br />It is entirely conceivable, as !1r. Saunders <br />has indicated, that these figures would be <br />conservative and that total dollar benefits <br />to the area and to the state may considerably <br />exceed these figures. Area redevelopment <br />benefits that always give a lasting contribu- <br />tion to the economic life of the community <br />will be something on the order of $275,000. <br />So the estimated annual benefits are nearly <br />$1.3 million or about 1.4 times the estimated <br />annual charges. <br /> <br />May we have the next slide? <br />the artist's concept of the dam. <br /> <br />This presents <br />You will see, <br />