FLOOD05417

• County: Mesa
• Basin: Colorado Mainstem
• Title: Sixteenth Annual Report - Colorado River Storage Project and Participating Projects for Fiscal Year 1972
• Date: 1/1/1972
• Floodplain - Doc Type: Educational/Technical/Reference Information

rate of project
repayment

During Fiscal Year 1972, the reimburs-
able Faumal investment in the CRSP
increased from $649,533,169 10

'0

$676,643,119. As of the end of the year
3.8 percent of the $676.643.119 had
been repaid. Revenues for repayment
carno from all four storage unils and
from eiRht of lhp. 20 authorized par-
ticipating projects during the year.
When all authorized units and projects
are compltlted. the CR$P reimbursable
Federal investment is estimated to total
approximately $1.9 billion.

Repayment of Power Investment
Fiscal Year 1972 was the ninth year
since electric power was first produced
by the CRSP. During the year, about 85
percent of the planned ultimate 1,409.5
megawalls or dependable generating
capacity was producing. Construction
of the power facilities of the Crystal fea-
ture of the CurecBnti Storage Unit and
of the Bonneville Unit of the Central
Utah Participating Project is needed to
provide full planned dependable
capacity. The reimbursable investment
in CRSP power facilities was
$464.415,528 at the end of Fiscal Year
t 972. Of this amount. 5.3 percent had
btlen repaid. Rising labor and material
costs will require a power selling rate
increase. A revised CRSP power rate is
expected to remain competitive with
other power rates in the area.

Repayment of 1\.1&1 Water In\"estmenl
Repayment revenue came from munici-
pal and industrifll water service pro-
vided from one storagtl unit and one par-
ticipating project during Fiscal Yeflr
1972. The extent of such service is
expected to increase rapidly under
alrHady executed contracts and options.
As of the end of the year. the reimhurs-
able municipal and industrial water
investment was $13,872.166 of which
3.2 percent had been repaid.

Repayment of Irrigation Investment
Ten participating projects provided
irrigation water during the 1972 irriga-
tion season. During Fiscal Year 1972,
irrigation repayment revtlllue was
rllceived from seven participating pro-
jects. Five of these projects wero making
regular annual payments according to
respective repayment contracts.

The reimbursable irrigation investment
of the storage units and participating
projects totaled $198.335.425 as of the
end of the year of which 0.3 percent
had been repaid. No repayment of the
irrigation investment of the storage
units is being made unlilthe power
investment is repaid.