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<br />o <br />"l:l" <br />tn <br />.-j <br /> <br />CHAPTER IV <br /> <br />COMPREHENSIVE DEVELOPMENT <br /> <br />Irrigation <br />Power <br />Fish and wildlife <br />Recreation <br />Total <br /> <br />Construction <br />costs <br />$24,438,700 <br />ll,959.500 <br />3,318,700 <br />1,886.900 <br />4l,603,eOo <br /> <br />Interest <br />during <br />construction <br />$1,832,900 <br />896,900 <br />248.900 <br />88,100 <br />3,066,eOO <br /> <br />Annual <br />operation. <br />maintenance, <br />and replace- <br />ment costs <br />$68.760 <br />51,950 <br />20,540 <br />37,350 <br />178,600 <br /> <br />. , <br />'. <br /> <br />Repayment <br /> <br />Irrigation <br /> <br />Costs allocated to irrigation would be covered by payments by the ir- <br />rigators. ad valorem tax revenues collected by the Upper Gunnison River <br />Water Conservancy District, and Colorado's credits in the Upper Colorado <br />River Basin Fund, Repayment would be required in a 50-year period fol- <br />lowing project development periods, Irrigation costs would be interest- <br />.freeQ <br /> <br />Of the irrigators' annual payments of $139,600 annually as previous- <br />ly estimated, about $68,760 would be required for irrigation operation, <br />maintenance, and replacement costs and the remaining $70,840 would be <br />available for amortization of construction costs, Over a 50-year period <br />irrigators' payments toward amortization of costs would amount to about <br />$3.542,000, <br /> <br />Ad valorem tax revenues from the Upper Gunnison River Conservancy <br />District are estimated at about $750,000 over a 50-year repayment period, <br />These revenues are based on a levy of one mill per dollar of assessed <br />valuation within the district, <br /> <br />Irrigation costs not paid by the irrigators or from ad valorem tax <br />revenues, amounting to $20,146.700. would be required from Colorado's <br />credits in the Upper Colorado River Basin Fund, The availability of Col- <br />orado's credits for the project would depend on the priority given the <br />project by the State with respect to other participating projects, This <br />matter will be reviewed in future project investigations, <br /> <br />Power <br /> <br />As previously discussed, power revenues from the comprehensive devel- <br />opment would average $518,400 annually at the Colorado River Storage proJ- <br />ect rates of $15,30 per kilowatt of salable capacity and 3 mills per kilo- <br />watt-hour of salable energy, Approximately $51,950 of the annual revenues <br /> <br />30 <br />