WSP02511

• File Number: 8042.A
• Description: Section D General Studies - Other States - Arizona
• State: AZ
• Basin: Statewide
• Date: 7/1/1966
• Author: Arizona Interstate S
• Title: 20 th Annual Report of the Arizona Interstate Stream Commission
• Water Supply Pro - Doc Type: Report/Study

FOREWORD

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The authority and responsibilities of the Arizona Inter-
state Stream Commission were greatly expanded by the 28th
State Legislature through its enactment of Senate Bill 204.

The Act authorized a State Water and Power Plan which
includes not only the Central Arizona Project but also authority
to accomplish statewide water project planning. The Stream
Commission is enabled to plan, construct and operate these
water projects with revenue bond financing provided by the
Arizona Power Authority on the basis of its projected hydro-
electric power program.

The Stream Commission anticipated this action by the
Legislature and the need for it, and in October, 1966, began an
economic study of non-federal financing of the Central Arizona
Project water diversion and delivery system. Since the Com-
mission's staff was too limited for the task, the world-famed
Ralph M. Parsons Co. was retained to make the study. The job
was completed in report form on January 20, 1967.

The report concludes "that the State of Arizona has the
economic potential within the current financial structure of the
State to support an aqueduct system for the transport of water
from the Colorado River to central Arizona. Revenues generated
from the sale of water would not be adequate for the project
to be self-liquidating. Consequently the State of Arizona must
determine the most appropriate method of financing the deficit
compatible with the economic structure of the State."

The State Water and Power Plan proposes that the financing
of the water project be accomplished by the Arizona Power
Authority's capability to bond its revenues from hydroelectric
projects. The Power Authority has applied for Federal Power
Commission licenses to construct four such projects.

T'o further advance implementation of the water features
of the State Water and Power Plan, the Stream Commission
began in May, 1967, an intensive study of the steps which must
be taken to achieve the overall water objectives of the Plan.
This study will be completed in December, 1967.

The Stream Commission recognizes the need to reduce to
a minimum the costs of project planning, construction and oper-
ation under a State-financed plan, and has begun an investigation
of the availability of funds under a variety of federal programs

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