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<br />II <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br /> <br />Cost of Structural Additions ($) 1,408,000 <br /> <br />and Improvements <br /> <br />Average Annual Benefit ($) 623,794 <br />(3% Rate of Interest) <br /> <br />Benefit Cost Ratio 3.1411 <br /> <br />(3% Rate of Interest) <br /> <br />Average Annual Benefit ($) 571,024 <br />(7% Rate of Interest) <br /> <br />Benefit Cost Ratio 1.65 <br />(7% Rate of Interest) <br /> <br />Percentage of benefit in terms of <br />reduction of shortage <br /> <br />Crystal Valley Area <br /> <br />Upper Iron Creek Area <br /> <br />3,372,000 <br /> <br />935,095 <br /> <br />3.1111 <br /> <br />855,939 <br /> <br />1.63 <br /> <br />, <br /> <br />2.0 <br /> <br />5.4 <br /> <br />18.5 <br /> <br />0.4 <br /> <br />73.7 <br /> <br />I <br /> <br />Lower Iron Creek Area <br /> <br /> <br />Upper Fruitland Mesa Area <br /> <br /> <br />Lower Fruitland Mesa Area <br /> <br />0.6 <br /> <br />2.2 <br /> <br />18.5 <br /> <br />I <br /> <br />78.7 <br /> <br />I <br /> <br />11 Blc ratio considering negative impacts. <br /> <br />I <br />I <br /> <br />8. The current adjudicated storage water rights of the Gould <br />Reservoir are 15,585 acre feet annually. The proposed project <br />would require storage of up to 18,500 acre feet of water in the <br />reservoir through one annual cycle to provide hold over storage <br />for irrigation in the critical latter part of the irrigation <br />season. The ditch water rights of irrigators deriving benefits <br />from this storage will have to be adjusted to provide additional <br />storage rights at Gould. <br /> <br />I <br />1 <br />1 <br />1 <br /> <br />9. The results of operation study summarized above and presented <br />in this report give the amounts of the water shortages, irriga- <br />tion efficiencies, and the periods of shortage over the period of <br />25 years of available data. The basic assumptions are: 1) all <br />water diverted from the sources considered in this study could be <br />routed through the reservoir storage and released on call, as and <br />when needed, to areas below the Gould Reservoir, and 2) the <br /> <br />I <br />1 <br /> <br />I' <br />