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<br />001720 <br /> <br />for electrical energy could be reduced which, conceivably, might have a <br /> <br />tremendous beneficial impact upon the industrial econom;y of the entire <br /> <br />ma.ncet area. <br /> <br />J.lunicipal water for direct use or replacement would be sold to the <br />communitiee involved at a price in the Arkansas at or above Pueblo <br />Reserval.r. Tentative~~ a price of $0.06 per 1~000 gallons at the <br />project works bas been selected ae equitable. The allocation of <br />$6.087~000 of construction cost to municipal water could be retired in <br />40 years With. interest at 2-1/2 percent. <br />A recapitulation of allocated construction costs and repayments <br /> <br />for the Initial Development is presented below which utilizes a & <br />year repayment period for power~ a 6o""Ye&r repayment period for irri- <br />gation~ and a 40-year repa,yment period for municipal water: <br /> <br />Closte <br /> <br />Total estimated 'construction cost. . . . <br />Less. nonreimbursable allocationSl' <br />Flood control . ~ . . . . . . ~ . . . $19,046jOOO <br />Recreation. . . . . . . . . ~ . . .. 2,332,000 <br />Total. nonreimbursable allocations . <br />Total re:lmbursable construction <br />cost . . . . . . . . . . . . . 0 <br /> <br />$133,142,000 <br /> <br />21,378,000 <br />$lll,764,OOO <br /> <br />Revenue. <br /> <br />,Noninterest-bearing allocations: <br />Sale of irrigation water. . . . . . . $ 3,116,000 <br />Conservancy District taxes~ . . . .. 10,082,000 <br />Repa,yment by power. . . . . . . . . . 42.113,000 <br />Total noninterest-bearing <br />reimbursement . . . . . 0 . . . . <br />Interest-bearing allocations: <br />Sale of municipal water . . . . . . . $ 6,887,000 <br />Hydroelectric power revenues. . . .. 49.566.000 <br />Total interest-bearing <br />reimbursement . . . . . ~ . . . <br />Total project reimbursement. . . . <br /> <br />$ 55,3ll,OOO <br /> <br />56.453.000 <br />$lll,764,OOO <br /> <br />60 <br />