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<br /> <br />Mid-West Electric <br />Consumers Association, Inc. <br /> <br />10395 W. Coffax Avenue <br />DENVER, COLORADO 80215 <br />Phone: 238:0013 Area Code 303 <br />March 22 1972 <br /> <br />Mr. Felix L. Sparks, Director <br />Colorado Water Conservation Board <br />102 Columbine Building <br />1845 Sherman Street <br />Denver, Colorado 80203 <br /> <br />RI:"C .":'~.:'rD <br />[, .-....\. <br />MAR 2 3 197~ <br />'ll1liJll WATER <br />imrn>JI/l\MI/ON. BOARIY <br /> <br />Dear Mr. Sparks: <br /> <br />Our Association, Mid-West Electric Consumers Association, <br />testified at St. Louis, Missouri before the Water Ft,"sources <br />Council, regarding its published new. stan~~rds for wat'er-' <br />resources, and a principal feature pr-6i;osing discounting <br />future benefits from water resources projects at a 7 per- <br />cent rate. <br /> <br />A copy of our testimony is enclosed for your information, <br />and a copy of the resolution adopted by our membership <br />regarding National Water Resources Development Policy <br />at our 14th Annual Meeting in December, 1971 in Denver. <br /> <br />We view the proposed new standards and the 7 percent <br />discount rate as signaling the end of new federally-financed <br />water projects across the country. <br /> <br />~;;:el:L M ~ <br /> <br />Fred G. Simonton <br />Executive Director <br /> <br />--Co~ <br /> <br />A ~ .(2.,A (/~-t4~, 'I c.o-rc.-.- if <br />,,-..!.)~\,<V ~W [) <br />C ,u..^^<-A->~ ,... 1Ml lee <.AJ ~~ <br /> <br />. -<~:~.~~~~~ <br />~v~ C< Lvlt~-~t! J;:L~r' <br /> <br />{!o~t Pown" fo'C. coe'C.!}one ~ }{f <br /> <br />FGS/bp <br /> <br />Encls: <br /> <br />