FLOOD03360

• County: Elbert
• Stream Name: Kiowa Creek
• Basin: South Platte
• Title: Floodplain Information Report
• Date: 1/1/1976
• Prepared For: Elbert County
• Prepared By: United Western Engineers
• Contract/PO #: &&
• Floodplain - Doc Type: Floodplain Report/Masterplan

(including facilities added to the Colorado-Big Thompson Project and
Pick-Sloan Misouri Basin Program systems to transmit CRSP power), and the
authorized participating projects. The price levels used were October 1981
for the participating projects and January 1981 for all other features. The
costs have been allocated by the separable costs remaining benefits method
to power, irrigation, other consumptive uses, fish and wildlife enhancement,
and flood control. A step essential to the CRSP repayment analysis is the
distribution of the allocated costs to each purpose among the storage units
and the Transmission Division. The distribution is made essentially in
relation to the benefits provided by each unit to each purpose. Also
essential to the repayment analysis is a suballocation of the irrigation and
other consumptive use costs to the municipal and industrial water purpose.
The suballocation to M&I is made in stages reflecting the timing and
quantity of the need for municipal and industrial water from each storage
unit. The costs are suballocated on a cost-per-acrefoot basis adjusted
according to the time remaining, within which the suballocated costs must be
repaid. The cost allocation is the responsibility of the Bureau of
Reclamation and will probably have changes in the future as a result of
additional expenditures, cost increases, and suballocation of additional
irrigation and other consumptive-use costs to municipal and industrial water.

2. Interest Rates. 'Secti on 5 (f) of Pub 1 i cLaw 84-485 as amended
is as follows:

"The interest rate applicable to each unit of the storage project
and each participating project for purposes of computing interest
during construction and interest on the unpaid balance shall be
determined by the Secretary of the Treasury, as of the beginning
of the fiscal year in which construction is initiated, on the
basis of the computed average interest rate payable by the
Treasury upon its outstanding marketable public obligations,
which are neither due nor callable for redemption for fifteen
years from the date of issue."

Using the above formula, the following interest rates were established
for the facilities on which construction has been completed or is in
progress. These rates are also used in calculating interest during
construction, which is capitalized and then made a part of the investment to
be repaid.

2.632
percent

2.875
percent

3.222
percent

9.352
percent

Wayne N. Aspinall Unit (CRSP)
Seedskadee Project
Glen Canyon Unit (CRSP)
Flaming Gorge Unit (CRSP)
Transmission Division
Bonnevi 11 e Un i t
(Central Utah Project)

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