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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 I <br />I <br />I <br />I <br />I I <br />I <br /> <br />iii <br /> <br />for existing channel conditions. A detailed cost estimate was pre- <br /> <br />pared and the benefit/cost comparison was made. A final report was <br />then prepared, consisting of two volumes; one containing the narrative <br />description and the other consisting of plan and profile drawings <br /> <br />reduced to 11" x 18". <br /> <br />The alternative plan chosen for preliminary design (Modified Plan <br /> <br />E) specifies no improvements above Hidden Lake, improvements to the <br /> <br />Hidden Lake dam and spillway, extensive channelization, storm sewer <br /> <br />and utilization of existing lakes for the area below Hidden Lake. <br /> <br />The recommended plan for the Bates Lake Basin (Plan B) consists of on- <br /> <br />site detention per current Arvada regulations, and the channelization and <br /> <br />detention ponding for the lower reaches of the Bates Lake Planning <br /> <br />Basin. A summary of the Benefit/Cost Analysis for the Modified Plan <br /> <br />E and Plan B is presented below. <br /> <br />BENEFIT/COST ANALYSIS SUMMARY <br />(6% Interest Rate) <br /> <br /> COST PWF PRESENT WORTH REMARKS <br />ITEM Adams Arvada 6% Adams Arvada <br />Construction1 'f59,300 102,900 .9434 433,300 97,100 Table IV-2,3 <br />Site Acqui- <br />sition 28,100 59,200 .9434 26,500 55,800 Table IV-2,3 <br />Fiscal & ~ <br />Administration' 4,874 1,621 15.762 76,800 25,600 <br />Operations & <br />Maintenance 13 ,300 5,300 14.819 197,100 78,500 Table IV-2,3 <br />TOTAL: ------ ------ ----- 733,700 257,000 <br />DAMAGES ------ ------ ----- 762,900 449,200 Phase A Analysis <br />BENEFITS3 ------ ------ ----- 804,400 404,000 Phase A Analysis <br />NET BENEFITS ------ ------ ----- 70,700 147,000 <br /> <br />NOTES: 1. Includes 15% contingency <br />2. 1% of total of construction and site acquisition <br />3. Includes intangible benefits <br />