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<br />. -- -.-" .. <br /> <br />. <br /> <br />. <br /> <br />Outline for a Conceptual Proposal <br /> <br /> <br />by the <br /> <br /> <br />Upper Division States and CUWCD <br /> <br /> <br />for the <br /> <br /> <br />Future Use of CRSP Power Revenues <br /> <br />August 3, 1988 <br />(Subject to Final Approval by the States) <br /> <br />1. Beginning in January 1990. the CRSP power rate would have four components: <br /> <br /> <br />A. Prospective annual or capitalized costs allocated to the power <br /> <br /> <br />function (including threatened and endangered species and sallnity <br /> <br /> <br />control program costs?) after the date of the enactment of this <br /> <br /> <br />legislation; <br /> <br /> <br />B. Repayment by the end of FY 1994 of the capitalized costs allocated to <br /> <br /> <br />the power function (including interest) incurred in CRSP prior to the <br /> <br /> <br />date of enactment of this legislation; <br /> <br /> <br />C. Payment of debt service (principal, interest. and issuance costs) on <br /> <br /> <br />the present value of all costs allocable to irrigation which are <br /> <br /> <br />beyond the ability of the irrigator to repay. said, present value to <br /> <br /> <br />be set in the legislation as a specified amount, which amount will <br /> <br /> <br />include: (1) costs of the CRSP storage units allocable to <br /> <br /> <br />irrigation; (2) costs of the completed CRSP participating projects; <br /> <br /> <br />(3) costs incurred to date for the Central Utah Project; and (4) <br /> <br /> <br />costs of phase I of the Animas-La Plata Project; and <br />