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. . l1? - c -' c:. COLORADO WATER CONSERVATION BOARD 215 State Services Building 1525 Sherman Street Denver, Colorado 80203 March 2. 1964 M E M 0 RAN Q U M TO: Members, Colorado Water Conservation Board and Colorado Water Investigation Commission. FROM: Felix L. Sparks, Director. SUBJECT: Agenda Item #5, Priority Sch~dule ,- Colorado River Storage Project, Board Meeting March 11, 1964. This communication contains the recommendations of the staff concerning priorities of feasibility investigations for projects in the Colorado River Basin in Colorado under the author- ity of the Colorado River Storage Project Act (Public Law 485). In each case we have used the latest information available on the various projects. It should be emphasized, however, that the available information is of reconnaissance stature only. Consid- erable changes could take place in the project plans. costs and benefit-cost ratios, as a result of economic feasibility studies. We also wish to point out that the reconnaissance investigations vary considerably as to time of study, as to the computation of nonreimbursable items. and as to computing benefit-cost ratios. No truly accurate comparison of the various projects can therefore be made at this time. We have tried to be wholly objective in our various analyses and comparisons. In the first four priorities that we have recommended. there are no clearly salient facts which demon- strate a convincing priority of one project over the other. Con- sideration was given to equitable treatment among the river basins concerned, namely: the Upper Colorado River area and the Yampa River area; and considerable weight was given to the recommendations of the Colorado River Water Conservation District Board. It is our belief that the completion of the projects herein listed will substantially complete the irrigation develop- ment of the Colorado River Basin of the State of Colorado. We feel that in the future increased attention must be given to plan- ning additional municipal and industrial water supplies for that area.