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<br />I ~. <br /> <br />. <br /> <br />'i-' <br />C' <br />co <br /> <br />. <br /> <br />- '"" ~ ,~, <br />U'J.1. J:' <br /> <br />Pumping Investment and Costs <br /> <br />\jJqJ <br />Farm investment for wells, pumps and motors ~ included in the <br /> <br />farm budgets. The average well in the study area was assumed to be <br /> <br />adequate to provide a full water supply for 80 acres. Each well, <br /> <br />pump and motor unit was estimated to cost $15,000. Annual operating costs <br /> <br />of $930.per well were also included. The additional investment per farm <br /> <br />budget was $56,250 and $3,490 in annual. costs. <br /> <br />Project Cos~s <br /> <br />The estimated construction cost for the ground-water recharge plan <br /> <br />providing 45,700 acre-feet of water annually in $84,000,000 based on <br /> <br />January 1977 price levels. The annual operation, maintenance and <br /> <br />replacement costs for project facilities are estimated to be $530,000. <br /> <br />Interest during construction is estimated to be $8,639,000 at 6.625 <br /> <br />percent interest.. The derivation of the interest during construction <br /> <br />is presented in table <br /> <br />.. <br />