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<br />inflation over a projected design and construction period of nine <br /> <br />years, the estimated construction cost would be $450,000,000. <br /> <br />with a flood control pool, these two figures would be <br /> <br />$291,000,000 and 498,000,000, respectively. Financing costs <br />would be in addition to this and would vary as a function of the <br /> <br />means of financing employed. <br /> <br />Estimates of the yield and construction cost of reservoirs <br /> <br />ranging from 200,000 to 600,000 acre-feet of conservation storage <br /> <br />were also made. 200,000 acre-feet is judged to be the minimum <br /> <br />practical size for the reservoir due to the high initial costs of <br /> <br />foundation preparation, embankment construction, and railroad <br /> <br />relocation. 600,000 acre-feet is the maximum sized conservation <br /> <br />pool that could be attained without flooding urbanized lands <br /> <br />immediately east of Greeley. <br /> <br />~;). <br />----7 <br />v~;# I would be pleased to <br />~ this study and its results <br /> <br />provide additional information about <br /> <br />if desired. <br /> <br />Sincerely, <br /> <br />J. william McDonald <br />Director <br /> <br />JWM/ql <br />Enclosure: as stated <br />cc: Governor Richard D. Lamm <br />Lorraine Lombardi, Chief Clerk of the House <br />Marjorie Rutenbeck, Secretary of the Senate <br />Members, House Committee on Agriculture, Livestoc~, and <br />~atural Resources <br />Members, Senate Committee on Agriculuture, Natural <br />Resources, and Energy <br />Lyle Kyle, Director, Legislative Council <br />Members, Colorado Water Conservation Board <br />Members, Colorado Water Resources and Power Development <br />Authority <br /> <br />-2- <br />