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<br />001718 <br /> <br />Rsimbursement <br /> <br />Reimbursable construction costs of the Initial Development, amount- <br /> <br />ing to $ 1)1, 7{',.J,,, 0" <br /> <br />could be repaid in full over a Go-year period. <br /> <br />Nonreimbursable construction costs of $ :11, 3'i'.~', 0') -'" <br /> <br />allocated to <br /> <br />07' (. "r~...... .-( <br />flood control and recreation representAless-,than ..!i:.- percent of the <br /> <br />total. 'Additional nonreimbursable alloc&tions for sediment control may <br /> <br />be recommended later when additional data become available. <br /> <br />The operating plan for the project involves the formation of a <br />ConserVancy District. Such a district would contract with the Federal <br /> <br />Govarnment for the reimbursement of certain irrigation costs. <br /> <br />The <br /> <br />district would purchase irrigation water and resell it to water users-- <br /> <br />either individual users or throllgb. irrigation districts, ditch companies, " <br /> <br />or other organizations. In addition to that source of income, the <br /> <br />Conservancy District could levy an ad valorem tax on taxable property <br /> <br />within its boundaries that would benefit directly or indirectly from <br /> <br />the project. Of the total Initial Development construction cost allo- <br /> <br />cated to irrigation which amounts to $ .~.5'. .=5.1(. t>"' u <br /> <br />I' Co, percent or <br /> <br />$ ';2. /1..;;6"<'> <br /> <br />would be reimbursed from project nydroelectric power <br /> <br />revennee and the balance of $ ;.3/ /9'!l~ <, ,;' .> <br /> <br />would be reimbursed by <br /> <br />the Conservancy District. <br /> <br />On the basis of average farm prices prevailing during the 6-year <br />period 1939 through 1944, it is estimated that the Conservancy District <br /> <br />could expect to collect, on the average, $ j.?", t/ (.0 <br /> <br />annually <br /> <br />from the sale ot supplemental irrigation water provided by the Initial <br /> <br />Development. Annual operation, maintenance, and replacement expenses <br /> <br />allocable to irrigation would amount to $ <br /> <br />/ r. .,-"::> <br />~ i"". 1"'7 <br />" <br /> <br />; hence the <br /> <br />58 <br /> <br />~ <br /> <br />., <br />, , <br /> <br />, <br />... :~ <br /> <br />':" <br /> <br />, _. <br />, 'J <br /> <br />- .,: <br /> <br />. <br />-" ' <br />.11 <br /> <br />~ <br /> <br />... \.,. i <br />----.... ~ <br />-', ' <br /> <br />'- <br /> <br />," <br />~ <br /> <br />"'~ <br /> <br />}-.'.' <br /> <br />~ <br />.-;, <br /> <br />r <br />~ <br /> <br />'I..., <br />,"". <br /> <br />- ",-' <br />..., .....:.. <br /> <br />"-\:.'~ ,,~~. <br /> <br />... <br /> <br />. .. <br />^, <br /> <br />" <br />~; . <br />'".J" <br />e;- <br />... <br />