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<br />""'" <br />,~ <br />- <br /> <br />San <br /> <br />"~,:t <br />1l1"ti <br />Miguel Pro~~t (Continued) <br /> <br />Benefit-Cost Analysis (100 years at 3~) ($1,000) <br /> <br />Basin Fund construction costs . . . <br />Less preauthorization investigation cost. . . . . . . .'. . <br />Interest during construction - Basin Fund facilities. . . <br />Section 8 construction costs. . . . . . . <br />Total. .'. . . . . . . . . . . . . . . . . <br /> <br />. . . . <br /> <br />. . <br /> <br />. . <br /> <br />. . 72,211 <br />998 <br />3,852 <br />~232 <br />.~ <br /> <br />...~ <br />190 <br />170 <br />3,004 <br /> <br />. . . <br /> <br />. . <br /> <br />. . <br /> <br />. . <br /> <br />. . <br /> <br />. . . . <br /> <br />. . <br /> <br />. . . . <br /> <br />Annual e~uivalent of total. . . . . . . .. .... <br />Annual OM&R - Basin Fund facilities . . . . . . . . . . . . . . . <br />Annual Colorado River depletion charge assignment . <br />Total annual cost. .. . .......................... <br />Annual benefits <br />Irrigation - direct only .. .. .. . . .. .. .. .. .. .. .. <br />Irrigation - total .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. <br />M&I water. .. .. .. .. .. .. .. .. .. .. .. . . .. .. .. .. .. .. .. .. .. .. .. .. . <br />Fish and wildlife enhancement. . . . . . . . . . . <br />Recreation .... .. ........................ ..... <br />Flood control. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. . <br />Total direct. .... .... .............................. <br />Total .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. <br />Benefit-cost ratio - direct benefits.. ....... <br />Benefit-cost ratio - total benefits . . . . .. ... <br />Benefit-cost ratio - 5t% - total benefits . . . . . . . <br /> <br />. . <br /> <br />. . <br /> <br />. . <br /> <br />.. .. .. .. .... 1,285 <br />. . . . . 2,955 <br />790 <br />193 <br />40 <br /> <br />.. .. .. .. 62 <br />. . . . . 2,370 <br />.. .. .. .... 4,040 <br />. . . 0.78:1.00 <br />. . . 1.34:1.00 <br />. . . 0.86:1.00 <br /> <br />. . <br /> <br />. . . <br /> <br />. . . <br /> <br />Indian Interests <br /> <br />None <br /> <br />Depressed Area <br /> <br />The entire area of the San Miguel Project is encompassed within the boun- <br />daries of the Four Corners Economic Development Region - a region desig- <br />nated under the Public Works and EconOlllic Development Act of 1965, because <br />of persistent high unemployment and depressed incomes. <br /> <br />Environmental Impact <br /> <br />No major environmental problems have been identified as yet in the San <br />Miguel Project. Construction of Saltado Reservoir in the San Miguel <br />River Canyon would convert a few miles of stream fishing to reservoir <br />fishing and sufficient releases downstream would be made to maintain <br />fishery below the dam. Diversion of v.ater from the reservoir to the <br />project lands would be largely by tunnel, thereby reducing the impact <br />of construction on aesthetics of the surrounding scenic area. Conver- <br />sion of rangeland to irrigation, as was included in feasibility plans, <br />would have an adverse impact on the deer population in portions of the <br />area and would increase the salinity of' the Colorado River downstream <br />from the project. Advance plans are now underway to reduce significantly <br />the new land acreage to be included in the project, which would modify or <br />alleviate these environmental problems. <br /> <br />5 <br />