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<br />II <br />I <br /> <br />With inflation and increased construction costs, this M & I <br /> <br />I <br /> <br />water is expected to cost approximately $200.00 per acre-foot per <br /> <br />year when the Dolores Project is completed. This amounts to approxi- <br /> <br />mately $0.62 per 1,000 gallons for the raw M & I water in the <br /> <br />I <br /> <br />reservoirs. <br /> <br />II <br />I <br /> <br />The present Board of Directors of the Dolores Water Conservancy <br /> <br />Dis tric t are as fo llows : <br /> <br />I <br /> <br />Bruce McAfee, President <br /> <br />David Herrick, Vice President <br /> <br />I <br /> <br />E. H. Gilliland, Secretary-Treasurer <br /> <br />W. T. Butler <br /> <br />I <br /> <br />Paul Fury <br />David Herrick <br /> <br />I <br /> <br />Wayne Rogers <br /> <br />I <br /> <br />T. A. Weed <br /> <br />I <br />I I <br /> <br />George R. Armstrong, Attorney <br /> <br />Walter L. Posey, Manager <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I - 3 <br />