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<br />analysis of the Middle Park Project, for reasons hereinafter ex- <br />plained. <br /> <br />In the 1954 status report no part of the estimated cost <br />was assigned to flood control, recreation, or fish and wildlife <br />benefits. Undoubtedly a part of the construction cost can be so <br />allocated. For the purpose of this summary we have arbitrarily <br />assigned a cost of $1,300,000 as a nonreimbursable item. <br /> <br />The Middle Park Water Conservancy District was organized <br />many years ago as a contractual agency for the projects within <br />Middle Park. Conditional water rights for the project have been <br />secured by the Colorado River Water Conservation District. <br /> <br />The estimated benefit-cost ratio for the project is favor- <br />able, development cost per acre is reasonable, and the additional <br />average annual stream depletion per acre of irrigated land is minimal. <br />The Colorado River Water Conservation District Board has recommended <br />that this project be assigned priority No.3. We are in accord with <br />that recommendation. <br /> <br />The Parshall Project was originally assigned the highest <br />priority in the Middle Park area. Based solely upon the reconnais- <br />sance data available this priority was never justified in the first <br />instance. Both the Rabbit Ear and Troublesome units have always <br />shown up in a more favorable light, as the following analysis <br />indicates: <br /> <br />Middle Park <br />proiect <br /> <br />*Parshall <br />proiect <br /> <br />Estimated cost: <br /> <br />(1)$11,300,000 (2)$12,200,000 <br /> <br />Irrigated acreage: <br /> <br />32,830 17,000 <br /> <br />Average cost per acre: <br /> <br />$305. $647. <br /> <br />Average annual stream depletion: <br /> <br />29,400 a.f. <br /> <br />(3)11,500 a.f. <br /> <br />Average annual additional stream depletion <br />per acre of irrigated land: <br /> <br />.90 a.f. <br /> <br />(3) <br /> <br />.68 a.f. <br /> <br />Benefit-cost ratio: <br /> <br />1.25 to 1 <br /> <br />1 to 1 <br /> <br />* <br /> <br />(1) <br />(2) <br />(3) <br /> <br />From Plan 1, 1963 Status Report. <br />$1,300,000 arbitrarily allocated as nonreimbursable. <br />$1,200,000 arbitrarily allocated as nonreimbursable. <br />These figures appear to be greatly underestimated. <br /> <br />Middle Park Project <br /> <br />-2- <br />