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<br /> <br />- ~ <br /> <br /> <br />The initial net annual monetary benefits attributed to recreation at <br />Narrows Reservoir are el1tim.ated to be $1,162,S00. This figure is <br />based upon the estimated 930,000 annual visitor day-s 11IUltiplied by- <br />a market value factor of $1.2$ per visitor day-. Using this same <br />approach, the net annual monetary benefits attributed to the ultimate <br />development would be $1,$31,2$0 or rounded to $1,$31,000. <br /> <br />~ of Estilllated Costs and Monetary Benefits <br /> <br />Item <br />- <br /> <br />:rnitial <br />$1,145,000 ;V <br />25,300 <br />482,$00 ;V <br /> <br />U1tilllate <br />$1,300,000 11 <br />28,700 <br /> <br />Recreation Developllllmt Costs <br />Calculated Annual Costs <br /> <br />! <br />i <br />j. <br />cl <br />;~, <br /> <br />Additional Land Cost (2,810 acres) <br /> <br />-- <br /> <br />Net Annual AO&M Costs <br />(Non-Federal) <br /> <br />114,S00 <br />1,162,$00 <br /> <br />130,000 <br />1,531,000 <br /> <br />'; . <br /> <br />Net Annual Monetary Benefits <br /> <br /> <br />11 Does not include 20 % contingenc1es and 26 % indirects. <br /> <br />'-',; <br /> <br />/7 - ')- <br />/.,.( 'i'i!. ~..j{Utt'.(L.- / <br />~~.~.' Dean <br />I <br />, <br /> <br />In duplicate <br /> <br />>} <br /> <br />co: <br />Regional Director, BOR, Hid-Continent Region, penver, Colorado <br />Regional Director, BSF&W, Albuquerque, New Mexico <br />Field Supervisor, River BasinStudiss, BSF&W, Denver, Colorado <br /> <br />J <br /> <br /> <br />