My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
PROJ00273
CWCB
>
Loan Projects
>
Backfile
>
1-1000
>
PROJ00273
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/19/2009 11:43:15 AM
Creation date
10/5/2006 11:47:07 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153368
Contractor Name
Cache LaPoudre Water Development Study
Water District
0
County
Larimer
Bill Number
SB 81-439
Loan Projects - Doc Type
Feasibility Study
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
241
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br />II <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br />I <br />I <br /> <br />I <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />- <br /> <br />represent multiple reservoir syst'9ms with an <br />peaking hydropower production and a lower, <br />reregulation and conservation storage. <br /> <br />upper reservoir pr imar ily for <br />or terminal reservoir, for <br /> <br />The cost €::;timates for Phase II were revised somewhat from Phase I to <br />reflect refinement of design layouts to a reconnaissance level of detail. The <br />total capital cost estimates (in 1982 dollars) for the single reservoir <br />systems ranged from $110 million to $131 million while the multiple reservoir <br />systems ranged from $354 million to $401 million. <br /> <br />The evaluation of the Phase II alternatives utilized both monetary and <br />non-monetary evaluation factors as in Phase 1. For the Phase II analyses, <br />however, the evaluation factors were revised and expanded to include pre- <br />liminary financial projections and additional physical impacts. <br /> <br />The Phase II economic evaluations included benefit-cost ratios and net <br />annual benefits for the single reservoir systems (Alternatives 1 and 8) and <br />the economic value of peaking power production for the multiple reservoir <br />systems (Alternatives 2 and 7). The economic analyses indicated that none of <br />the alternatives would be feasible at the present time using a 7 1/2 percent <br />discount rate. <br /> <br />Sensitivity analyses were also performed using discount rates of five <br />percent and ten percent for the economic evaluations. The five percent <br />analysis provided a preliminary indication of economic feasibility while the <br />ten percent analysis indicated very unfavorable conditions of economic <br />feasibility. <br /> <br />It should also be noted that, due to <br />systems formulated for these alternatives <br />ceivable that optimization would result <br />favorable benefit-cost relationships. <br /> <br />time and budget constr aints, the <br />were not optimized. It is con- <br />in smaller reservoirs with more <br /> <br />The preliminary financial evaluations projected total investment <br />requirements and annual costs under two different financing approaches: (1) <br />the state funding approach and (2) the revenue bonding approach. The state <br />funding approach assumes a project would be funded from the CWCB construction <br />fund and that capital costs would be amortized at five percent for forty <br />years. The revenue bonding approach assumes the issuance of tax-exempt <br />revenue bonds by a political subdivision of the state with capital costs <br />amortized at twelve percent for thirty years. Interest during construction <br />(i.e., the cost of short-term construction financing) and cost of issuing <br />bonds were added to capital costs under the revenue bonding approach. <br /> <br />An additional element of the financial evaluations was the calculation of <br />the cost burden on peaking power for the two multiple reservoir systems <br />(Alternatives 2 and 7). The cost burden is defined here as the value that <br />peaking power would have to attain, along with the estimated revenues from all <br />other project purposes, to retire the total project costs for the multiple <br />reservoir systems. <br /> <br />S-5 <br />
The URL can be used to link to this page
Your browser does not support the video tag.