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<br />result in the creaIion of new taxable values, new eco-
<br />nomic opportunities and increased purchasing power.
<br />The hydroelectric power would conserve the West's
<br />supply of coal, oil and gas reserves as a source of fuel
<br />and energy in homes, stores, and factories. It would
<br />stimulate the extraction of the vast mineral resources of
<br />the project area.
<br />
<br />OPERATING DETAILS
<br />
<br />Project interests emphasized a reasonable average
<br />charge would be made for irrigation water. On a forty,
<br />year repayment schedule the average charge for irriga,
<br />tion water would be $3.60 per acre,foot. This does not
<br />mean that all water would be sold at a uniform charge,
<br />but rather if the water sold averages this amount, that
<br />portion of the project cost allocated to irrigation repay-
<br />ment could be liquidated.
<br />. It was also pointed out that firm power would be
<br />available at the load centers at an average rate of 5Vz
<br />mills per kilowatt hour. Secondary power is estimated
<br />to cost 3Vz mills.
<br />The charge for municipal water would vary depend,
<br />jng upon the facilities furnished for the consumer. Thus
<br />it is proposed that municipal water furnished Colorado
<br />Springs would be at an acre foot charge of $39.05, for
<br />Pueblo $22.50 and up, and valley towns (from Pueblo
<br />to Lamar) $88.10, Crowley $147.50, and Eads $255.90.
<br />'The revenues derived from the various project fea,
<br />tures would aggregate approximately the following sums:
<br />Power, forty million; municipal water, twenty,nine mil-
<br />lion; Conservancy district (one mill) and revenue from
<br />the sale of irrigation water, eleven million; eighteen mil-
<br />lion nonreimbursable,. and the balance jnaccordance
<br />with established Reclamation formulas.
<br />Water would be collected and diverted from the up'
<br />per Roaring Fork river basin to the Arkansas valley. To
<br />protect western slope interests, a reservoir would be con,
<br />stmcted near Aspen to furnish replacement water for
<br />prior rights as well as for future requirements in the
<br />Colorado river basin in Colorado.
<br />On the eastern slope, the imported water would He
<br />stored and regulated in the Sugar Loaf reservoir, which
<br />would be enlarged to nearly seven times its present capa-
<br />city. Another reservoir, Twin Lakes, also in the head,
<br />waters region of the Arkansas river and used for the stor-
<br />age and regulation of transmountain water and water
<br />diverted from the Arkansas river by the Snowden canal,
<br />would be enlarged to almost five times its present capa-
<br />city.
<br />The imported and native water would be stored first
<br />in the Sugar Loaf reservoir. Release would flow about 20
<br />miles south in the Elbert section of the 60--mile Arkansas
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