BOARD01700

• Board Meeting Date: 9/22/1961
• Description: Minutes and Resolution
• Board Meetings - Doc Type: Meeting

2680

in your folders a rough copy of an analysis
which we prepared using a common basis, that
is, a fifty-year interconnected system - using
the figures furnished to us by the Bureau of
Reclamation and by the investor utilities.
You will note that under this fifty-year analy-
sis the combined system figures out at $479
million, the modified federal system at $437
million. There is a considerable difference
in favor of the federal system. When you
project it beyond fifty years, the difference
becomes astronomical in favor of the all-federal
system.

I

We do not claim to have any particular
insight into these problems. If this analysis
is wrong, and it could well be, what we would
like to do is to sit down with both the Bureau
of Reclamation and investor utility companies
and to discuss these items which we have set
forth here, item by item. Not by package as
has been the previous procedure. Actually we
feel that the Bureau cost can be reduced fur-
ther by substituting certain items of the
utility companies' proposal. On the other
hand, the utilities costs cannot be reduced
unless they agree to reduce them. These are
their own figures and to date they have never
made any offer to reduce these figures. The
so-called new offer that you have heard about
was a proposal that took place after this
period of time and we believe was a substantial
concession on the part of the investor utili-
ties, if we could understand it. Again to
date, no one has offered to explain what the
proposals meant. Actually, the proposal has
never been made. The proper authority, in
this case, is the Secretary of the Interior.
No proposal has ever been made to the Secretary
of the Interior other than was made many months
ago.

I

We prepared, at the request of one of our
Congressmen, our analysis of fields of future
investigation wherein improvements could come
about in any system that is now presented.

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