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<br />.Cdlions. - . more e:"'flCnsive than nec'!ssary," 55 years of age and Older,lt,e situ<
<br />V" .\!ove' into less liquid, more he said. "That's understanc.able,' tion has bet-n Improvt-d ....ith 1a
<br />"long-term investments such as in. bu~ YOll fe2lJy shouldn't go on a law cr.anges which allow them t
<br />dl\1dual retiremt'!':l accounts, com. bi.'1gc.as so:ne people do. Life draw as much as .$125,000 out (
<br />rany thnft or prom-sharing plans, spans are much longer now and their homes tax free to put it iot
<br />. annuitll:.:>, mutual funds or munici. ma.,e'" has to last." another investment, not nccessar
<br />pal bond L'l.\'~~tments. Yor families - Baidwm criticized the tendency 1)' a home or con..!ominium."
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<br />Project's Demise fg Help. f\~.izo~,a:"::~'
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<br />from the standpoL'lt of Arizona Arlwna is in the 'river's lower-
<br />water, 11 is good," he said.. basl.'l. Both the federal Boreau of
<br />Exxon lil".1l0unCed that it was Reclamation and the slate water
<br />pulling oct of the $5 billJOll Colon)' department had COlmted lhe Col-
<br />Project in western C('I!orado, o\!-e any project in their \.Idler proje~'
<br />of only two remaining COrnrrler. tions for the CAP, Steiner said. .;,"
<br />cial oil shale .projects under con. A March 17 opinion issuf:<:l by.
<br />struction in the United Slates. . . U.S. DiS.rict Judge Elbert TutUe
<br />The Water Reso~rces D~part- of Atlanta ~~'ould give five Colo-
<br />ment has estimated that in ]985, rado River Indian tribes an .addi-
<br />the first year Colorado Ri\:er W.2- tional 316,988 acre-feet of water
<br />'ill be i1abJ lb C peach )lear. or Uus amount.., 120.O'JO.
<br />The dirt-clor. Wesley Steiner, leT.... 2\'3. e to eA. ecre-feel would come Jrom An.
<br />r " U h ch 1.6 million acn...Ceet v.ill ~ 2\'2il.
<br />- re ust."u to 53\' txar: v ow mu 'zona's annual 2.8 million acre-feel'
<br />water would.~ made availahle. able for water deliveries to Phoe. :,
<br />H 0',.1 e....er. he said it would .be pix and other points in '-fancopa en~~~~~r w~u:J ha\'e to'coml?
<br />"more than enough" to offset:in County.' . ..~ from the wCller deli\'ert"'d..bY the
<br />additiomd 120.I!JO acre-fed per- The amount a\'2.ilable to An. ~2.'; billion CAP.-StcL"l~r said.
<br />,year s~lare [wm Arizona's Colo-. zona will declme steadily as He SClid the state water depart.
<br />: T({do Hi\'er water lhilt mightgo to st.i:lt{os L"l the rivt'r's upper hasin ment willl'!p~al1'utUe's deC"ision-.
<br />five IndJan tnIx-s.i! the U,S, Su- develop their own water projects., to the U.S, Supreme Cot..:rt and
<br />preme COL:rt upholds a March The department.estimatesabo1J.t hopes to reduces the.'amount}
<br />op~ion by a .federal Judge. 1.2 million acre--feel will be avail- granted L~e Inc!.ians.. to 20.O<O()~'
<br />"The U.S. energy indepo:>nd-' able in the year :!OOO.. ,;,:- ;' :_. aCTe--f~t' per.~year 'beCause of
<br />('nce may be further do....n the .... Colorado is an upper.basin boL:.ndary changes _ in reserva:?
<br />road from Ex~on's-del'ision, but en: lrado River water ~r. while.:.., tJ.ons.-..,' .~\;: '. '.' ,~/~-,.~~..:,~~~ ~ -'
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<br />.A~wc,a'-d Pt~~
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<br />. PHOEr\IX. Arii. Exxon
<br />Corp.'s oE'ci:;ion to drop a $5 bil--
<br />bon oil sh:ll~ project in Colurado
<br />\lo.m relea~ "hundreds. of thou-
<br />sands" of acre-.feel of wat~r to
<br />Arinma for the- Central Arizona
<br />Project. the director of the Ari-
<br />zona DCf':<rtment of Water Re-
<br />. sources s.:!.id.
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