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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 />I <br />I <br />I <br /> <br />The cost of this program is estimated to be as follows: <br /> <br /> Amount Year Projected <br /> --- <br />Phase I $530,000 197'1 <br />Phase II $910,000 19H2 <br />Phase III $220,000 1988 <br />Phase IV $993,000 1992 <br />Phase V $.511,000 1994 <br />Phase VI $1,233,000 1996 <br /> <br />It is recommended that the projected project (Phase I) be <br />financed through a loan from the Colorado Water Conservation <br />Board for one-half the cost, not to exceed $300,000. The <br />remaining funds will come from a combination loan and grant <br />from the Farmers Home Administration and also a grant from the <br />Four Corner's Regional Commission. Cost estimates can be found <br />starting on Page 54 and financing details starting on Page 62. <br /> <br />'f - 10 <br />