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<br />I <br /> <br />I <br /> <br />h. Increased state income and sales tax - $100,000. <br /> <br />i. Additional county revenues from tax on farm property - $200,000. <br /> <br />4. Assessed value of Montezuma and Dolores counties will increase by <br />an estimated $14,000,000 resulting from direct investment in farm <br />property, expanded business, personal property as a result of <br />new families with automobiles, trucks, boats, homes and house <br />trailers. <br /> <br />In this statement reflecting the many features of the Dolores project, <br />we have not endeavored to present the technical engineering and <br />financial criteria as set forth in reclamation law for the Dolores <br />project, as this information is readily available to you as a board <br />from your staff and the Bureau of Reclamation. However, it is appar- <br />ent that the Dolores project is well rounded and feasible under <br />present guidelines for construction. To re-emphasize our project, <br />we have provided for the following: <br /> <br />1. Municipal, domestic and industrial water use for the project area. <br /> <br />2. Supplemental water for the present Montezuma Valley Irrigation Co. <br /> <br />3. Municipal, domestic, industrial and irrigation water for the Ute <br />Mountain tribe of Indians. <br /> <br />4. Irrigation water for new lands (now dryfarmed) under an innovative <br />pressure sprinkler system. <br /> <br />5. A stabilized "Dolores River" that will not deter, but enhance the <br />opportunities of conservationists and environmentalists. <br /> <br />6. Recreation facilities and improvement of present fish and wildlife <br />considerations. <br /> <br />7. An establishment of a sound economic base for southwestern Colo- <br />rado and the state as well. <br /> <br />Before closing this statement, we are pleased to report that negotia- <br />tions for the necessary water rights to build the Dolores project <br />are well under way and sufficient water for the project is tentatively <br />assured. We have with us members of the board of directors of the <br />Montezuma Valley Irrigation Company who have agreed to appear before <br />this board with us. <br /> <br />-34- <br />