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<br />characteristics of the Cache la poudre Basin. <br /> <br />I <br />I <br /> <br />An assessment of existing water supply entities and facilities and of <br />the operation of these facilities. II <br /> <br />An assessment of the operation of the Cache la poudre water rights <br />system and of significant conditional decrees which could impact a I <br />potential project. <br /> <br />Geologic and geotechnical investigations of site suitability for <br />construction of potential facilities. <br /> <br />Analyses of existing and projected water and power demands. <br /> <br />Formulation of alternative projects to include one or more major <br />reservoirs. <br /> <br />Reconnaissance-level designs and cost estimates for proposed <br />facilities. <br /> <br />Reservoir operation studies for preliminary facility sizing and to <br />provide a preliminary indication of project outputs. <br /> <br />Economic comparisons of costs with potential benefits. <br /> <br />Preliminary financial evaluations of total and annual costs under two <br />different financing assumptions and the projected impact of cost <br />inflation. <br /> <br />D. IOlIIIJLA'1'IOlI OF ALDIIIIlM'IVES <br /> <br />The formulation, evaluation and selection of alternative projects was an <br />iterative process in which an initial "universe" of possible developnent <br />options was narrowed to eight preliminary alternatives in Phase I of the study <br />and subsequently narrowed further to four selected alternatives in Phase II. <br />Alternatives were developed to provide storage in the upper basin to meet the <br />objectives of improved management, developnent of new water supplies and <br />hydroelectric power production using the following concepts as guidelines for <br />project formulation: <br /> <br />1. All potential reservoir sites would be located upstream of the City <br />of Fort OOllins as required by S.B. 439. <br /> <br />2. Potential reservoir sites would be situated to control, to the <br />maximum extent possible, the total flow in the upper basin. <br /> <br />3. All potential. projects would include a storage reservoir primarily <br />for conservation purposes. This terminal reservoir would store and <br />regulate flows to meet agr icultural, municipal and industr ial water <br />demands in the lower basin. <br /> <br />5-2 <br /> <br />I <br />I <br /> <br />I <br />I <br /> <br />I <br /> <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br />.1 <br />I <br />I <br /> <br />~ <br />