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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />and the previously described benefits, the land and construction <br /> <br /> <br />costs are converted to average annual costs for a 50-year life <br /> <br /> <br />at a 6-3/8% interest rate. These costs are then added to the <br /> <br /> <br />operation and maintenance costs to determine the Total Average <br /> <br /> <br />Annual Costs. <br /> <br />TABLE VI-4 <br /> <br />20 <br /> <br />ANNUAL UNIT COSTS FOR OPERATION AND MAINTENANCE <br /> <br />Presented in Table VI-5 is a tabulation of the estimated con- <br /> <br /> <br />struction and land acquisition costs for each sheet of the <br /> <br /> <br />Master Plan Plates. The detailed cost estimates for each sheet <br /> <br /> <br />are shown adjacent to the plan in the following Section. <br /> <br />Natural grass-lined channel <br />Concrete lined channel <br />Storage pond <br />Pipe <br />Existing channel <br />Administrative costs <br /> <br />Comparison of Costs and Benefits <br /> <br /> <br />Table VI-6 presents, for each Reach, a comparison of the costs <br /> <br /> <br />and benefits in the basin. It should be noted that the benefits <br /> <br /> <br />and costs may vary radically from Reach to Reach, indicating <br /> <br /> <br />that construction of facilities is more cost effective in cer- <br /> <br /> <br />tain reaches. This can be seen in two parameters, the net annual <br /> <br /> <br />benefit, which is the difference between the average annual <br /> <br /> <br />benefits and the average annual costs, and the benefit-cost <br /> <br /> <br />ratio, which is the ratio of the average annual benefits to the <br /> <br /> <br />average annual costs. If the net annual benefits are negative, <br /> <br /> <br />or if the benefit cost ratio is less than unity, the cost of <br /> <br /> <br />facilities exceeds the value of the benefits to be derived. <br /> <br />Both parameters indicate that in Reaches A, C, and D, the cost <br /> <br /> <br />of facilities cannot be justified by the benefits. Construction <br /> <br />$l,350 per acre of ROW <br />$.075/L.F. to $l.25/L.F. <br />$500 <br />$1.00 per L.F. <br />$0.25/L.F. <br />$l,OOO/Reach <br />