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<br />OGG'-i' <br /> <br />MR. STAPLETON: <br /> <br />MR. HEADLEY: <br /> <br />MR. STAPLETON: <br /> <br />MR. HEADLEY: <br /> <br />MR. STAPLETON: <br /> <br />interested groups. both public and private. <br />We have given careful consideration to <br />all recommendations and our master plan <br />will be ready soon for submission to higher <br />authority. <br /> <br />On the downstream channel project, the I <br />traverse survey has been completed and right- <br />of-way drawings are being developed. It is <br />expected that the first two drawings will be <br />ready early next month. As each drawing is <br />completed it will be submitted to this Board <br />for action in furnishing the necessary real <br />estate. <br /> <br />The construction schedule contemplated <br />is to start at the lower end. near Crest- <br />line Avenue, in the summer of 1970. The <br />entire construction should be completed <br />prior to closure of the chatfield Dam in <br />1972. <br /> <br />This completes the report on the Chat- <br />field Project. Are there any questions?" <br /> <br />"Yes, I'd like to ask a few questions. <br /> <br />First of all, am I correct that if we <br />had a flood of the intensity of the '65 <br />flood. there isn't anything that has been <br />done up to this point that would in any way <br />alleviate the property damage?" <br /> <br />"That's correct. yes." <br /> <br />"So we are in the lap of the gods at <br />this point?" <br /> <br />"Yes. that's right." <br /> <br />I <br /> <br />"I take it that you are cognizant of <br />the fact also that a great many of people <br />are back in the flood plain. so-called. <br />New industry is going in there as rapidly <br />as_possible. I see that a project, a <br />