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<br />I: <br /> <br />IC"'. <br /> <br />1.(, <br />I, <br />i i <br /> <br /> <br />For many years people have agreed that <br />the Central Arizona Project (CAP) and <br />its water was vital to Thcson, but a major <br />concern was the potential cost of creating <br />the Project. Because of that concern, all <br />the agencies involved developed special <br />strategies to manage the costs of the CAP <br />and the repayments to the federal govern- <br />ment over a period of time. <br />The estimated cost of the entire Central <br />Arizona Project when all the components <br />are completed will be $3.44 billion, with <br />non-federal entities contributing an addi. <br />tional $3897 million for portions of the <br />project. About 70 percent of all federal <br />expenditures will be repaid through reve- <br />nues from the sale of water and power <br />and from an ad valorem tax to repay the <br />reimbursable federal costs. <br />Operation, maintenance and repay' <br />(continued On next page) <br /> <br />Paying For <br /> <br />Our Special <br /> <br />Delivery <br /> <br /> <br />EI Pago de <br />Nuestro Entrega <br />Especial <br /> <br />-s <br />j <br />" <br />~ <br />v <br />-2 <br />'" <br />,g <br />e <br /><') <br /> <br />P or muchos afios la gente lIeg6 al <br />acuerdo que el Proyecto de Arizona <br />Central (CAP) y su agua era vital para <br />Thcson, pero una preocupaci6n mayor era <br />el costo potencial de crear el Proyecto, <br />Debido a esa preocupaci6n todas las agen- <br />cias involucradas desarrollaron estrate- <br />gias especiales para el control de costos <br />del CAP asf como los pagos al gobierno <br />federal. <br />EI costo estimado del Proyecto de Ari- <br />zona Central cuando todos Ios compo- <br />nentes se terminen sera de $3.44 billones, <br />sin conlar las contribuciones de entidades <br />no-federales de $389.7 millones para cu- <br />brir partes del proyecto. Cerca del 70 por <br />ciento del gasto federal sera pagado con <br />ingresos de la venta del agua y de Ia elec- <br />tricidad y de los impuestos ad valorem para <br />pagar Ios costos reembosables federales, <br />(continuado en La pdgina siguente) <br />