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I Lakes, will be regulated through a power system consisting of six powerplants with power canals using the diverted waters which will average 69,200 acre-feet each year, plus additional waters which can be introduced into the system, and through that power system we expect to produce a significant amount of power. There is one additional powerplant at Pueblo. The seven powerplants have an installed capacity of 123,900 kilowatts. VIe expect to produce in excess of 500 million kilowatt hours each year. After passing through the final powerplant, in the vicinity of Salida, the water enters the Arkansas River to be transported on downstream to the primary storage reservoir of the project. Pueblo Reservoir, with a capacity of 400,000 acre-feet. From this reservoir the regulated water will be released for supplemental supplies within the conservancy district to be picked up by existing irrigation systems and to provide the supplemental water that they need down in this area. There are about 280,000 acres irri- gated in the Southeastern Colorado Water Conser- vancy District. I The Southeastern Colorado Water Conservancy District, of course, is the entity with which we will contract for repayment of a significant part of this project. The entire project, pre- sently estimated to cost $170 million, of that amount in excess of $153 million will be repaid. The remainder of the cost being nonreimbursable being allocated to flood control and fish and wildlife and recreation benefits. Now of the $153 million the conservancy district will be contracting to repay, including operation and maintenance charges, in the neighborhood of $68 million during the 50-year repayment period which is provided in the authorizing legislation for this project. Now that is 50 years after completion of construction. So much for a brief summary of the project. We'll look at this map (pointing to the chart on the right). This is a blowup of the