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<br />~ <br />, <br /> <br />1. Recreation - Recreational use of the project could be substantial <br />because of the proximity to the Denver metropolitan area. A minimum <br />recreation pool of about 300 acres would be provided for the <br />representative project presented in this report. The reservoir would <br />increase the habitat available for fisheries and would provide a <br />substantial new recreational fishery. Regulation of reservoir releases <br />might also enhance the suitability of the downstream channel for in- <br />stream recreation. Recreational areas could include an upper park <br />around the reservoir and a linear park along Clear Creek between the <br />dam and Golden. These parks could include facilities for day use, <br />overnight camping, and possibly bike paths. Recreation at the proposed <br />reservoir could increase tourism and enhance the local economy of the <br />tri-county region. <br />2. Improved Water Quality - A benefit from the proposed project would be <br />the improvement of water quality resulting from reduction of heavy <br />metals in the reservoir. This benefit would accrue to all downstream <br />water users. Improvement of water quality would also be beneficial to <br />reservoir and downstream fishery resources. <br />3. Hydropower - Hydropower would be included only if revenues from the <br />sale of power exceed the costs of hydropower. <br />4. Flood Control - A major reservoir on Clear Creek would reduce the risk <br />of flooding downstream of the reservoir. Flood protection would occur <br />as a natural consequence of the reservoir's attenuation of flood flows. <br />Additional flood storage space could also be added to the project by <br />reserving space in the reservoir for flood control storage. <br /> <br />.~ <br />, <br /> <br />.~ <br /> <br />--, <br /> <br />5.6 RESULTS OF ECONOMIC AND FINANCIAL ANALYSIS <br />Findings of the economic and financial analysis are summarized as follows: <br />1. For each of the four water supply scenarios, the maximum yield and <br />minimum unit cost of firm yield both occur at the "maximum required <br />reservoir capacity. II Cost and size parameters for these four projects <br />are presented in Table 5.3. <br />2. The maximum firm yield for three of the four water supply scenarios <br />has a unit cost below $lOOO/af/year. These scenarios are (ASX) All iance <br />plus SPX, (BAM) basin management, and (Be) basin combined. <br /> <br />5-5 <br />