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BOARD01764
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BOARD01764
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8/16/2009 3:06:48 PM
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10/4/2006 7:02:00 AM
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Board Meetings
Board Meeting Date
2/16/1960
Description
Minutes
Board Meetings - Doc Type
Meeting
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<br />MR. BARKLEY: <br /> <br />MR. KUIPER: <br /> <br />MR. STAPLETON: <br />MR. NELSON: <br />MR. STAPLETON: <br />MR. NELSON: <br /> <br />MR. STAPLETON: <br /> <br />"Now you are getting into the technicalities <br />of the Committee's report itself and I respect- <br />fully refer you to the Chairman at the moment, <br />since Mr. McClellan is not here, Mr. Kuiper, who <br />acted in his behalf, and other members of that <br />committee who are here. I'll let them discuss <br />that point for you." <br /> <br />"As to who would construct the transmission <br />system, we did not consider that. The primary <br />consideration of this committee was to insure <br />that the net revenues accruing to the Storage <br />Project would be maximized and that they would <br />come in at rates such that the schedule for the <br />construction of participating projects could be <br />maintained. Looking further into Pete's ques- <br />tion on this, as to whether this should all be <br />Bureau constructed or utilities constructed, we <br />felt that that would be for future consideration, <br />and that if the utilities could show that they <br />could construct any part of the transmission <br />system in such a manner that the economics of <br />the Storage Project would not be affected, we <br />could not see any criticism to that. If they <br />could not, of course, that's another matter." <br /> <br />I <br /> <br />"Any further questions?" <br /> <br />"Mr. Chairman." <br /> <br />"Mr. Nelson." <br /> <br />"I think, from information from Washington, <br />that there will be a determination by the Secre- <br />tary on this matter by June." <br /> <br />"1 would like, at this time, to read a letter <br />Mr. Sparks has received from Mr. Aandahl, the <br />Assistant Secretary. You will recall we passed <br />a resolution at our January meeting and Larry <br />communicated that to him. <br /> <br />'Thank you for your letter of January 21, <br />1960, pertaining to the market area of the Colo- <br />rado River Storage Project. We are appreciative <br />of your desire that the market area for project <br />power be established at an early date, and are <br />pleased to note the State's position as to what <br />area should constitute a primary marketing area. <br /> <br />The determination of the market area is <br />being studied intensively at the present time by <br /> <br />I <br />
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