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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 />i' TAB\;E6 RWlSFINANCl:/ALINDICATORS <br /> <br />, . .. "' <br /> Indicator Value Rating <br /> Current+New Debt per Capita $497 Strong <br /> Current+New Debt per Tap $1.101 Strona <br /> Water Rate as Percent of Med. Hshld. Inc, 1,5% Average <br /> <br />Conclusions <br />With regard to technical feasibility, the CWCB staff fmds no reason why the proposed <br />project would not function as intended, The system would be interconnected and <br />pressurized by the diversion pumps or by storage to provide a reliable seasonal water <br />supply. Flow restrictors on individual services and an every other day watering schedule <br />will allow an adequate water supply to meet the projected irrigation requirements and <br />will encourage equity and conservation in water use and reduce peak demands on the <br />RWIS. <br /> <br />The irrigation companies in which the Town owns shares would appear to have relatively <br />senior water rights capable of providing adequate water supplies in a low runoff year <br />such as 1994. <br /> <br />With regard to economic feasibility, the comparison of alternatives in Table 4 indicates <br />that the RWIS is far more cost effective than expansion of the existing water supply <br />system, <br /> <br />The Town's current fInancial position with respect to total indebtedness is strong and is <br />expected to remain strong after new debt is added for the proposed project. The total <br />cost of water to individual customers who participate in the RWIS is not expected to <br />increase and may actually decrease slightly. <br /> <br />The Town has established an irrigation enterprise fund for the RWIS and has held an <br /> <br />11 <br />