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<br />M02-GS" <br /> <br />~ <br />i- <br />f <br /> <br />Dean Crawford <br />3d <br />December 23, 1957 <br /> <br />J <br /> <br />,,~, <br /> <br />I am sure you appreciate that the information presently available <br />does not permit a reliable statement as to whether power revenue <br />credits available to New Mexico at the time the Animas-LaPlata <br />Project may be authorized will be adequate to finance New Mexico's <br />share of the project construction costs. I feel that the possi- <br />bility that the credits will be adequate is not ruled out at this <br />time, but it must be assumed that it will be the State's policy not <br />to delay the construction of authorized participating projects by <br />reserving credits for projects which are in the preliminary plan- <br />ning stage. <br /> <br />Please feel free to write or call me if some further information <br />concerning New Mexico's ptesent and proposed uses of the waters of <br />the San Juan River would be useful to you. <br /> <br />Yours truly, <br /> <br />SER:c <br /> <br />I s I s. E. REYNOLDS <br />S. E. Reynolds <br />State Engineer <br /> <br />.,. " ~ i. , i! . ~ ~, ;i; <br /> ,1.& -,j- .'!,>,. <br /> <br />