Laserfiche WebLink
<br /> <br />.::{:''\, <br /><\~{,;ij <br /> <br />-:J <br /> <br />.- <br />.) <br />tA~ <br />-..1 <br /> <br />Speci fi c mit igat i on measures assoc i ated wi th each potential development <br />were not investigated due to the preliminary nature of this study. Types of <br />mitigation measures for the various impacts were identified, however. <br /> <br />FINANCING STRATEGIES <br /> <br />The a lternat i ve development plans were revi ewed from the stand poi nt of <br />identifying methods of financing the preferred plan. The following sources of <br />revenue were identified: sale of irrigation water; sales taxes; ad valorem <br />taxes; creation of a special district to generate taxes for the specific <br />purpose of project financingjand user fees. <br /> <br />Potential sources of funds for project financing were also identified as <br />follows: revenue bondsj lottery funds; CWCB construction loan fund; USBR Small <br />Projects Loan Program; Aspinall Unit Mitigation Funds; and sale of property <br />adjacent to proposed reservoirs. <br /> <br />These items will be evaluated and a mix of revenue and financing sources <br />will be selected when the financial analysis of the preferred plan is <br />performed. <br /> <br />The possible construction of a pumped-storage and/or a trans)llountain <br />diversion project as a financing mechanism has been investigated and a <br />sign i fi cant portion of thi s memorandum has been devoted to di scuss i ng the <br />results.. That does not mean, however, that these financing mechanisms will be <br />needed. The vari ous sources of revenue and means of fi nanci ng an in-bas i n <br />development project may be. sufficient without constructing major, unrelated <br />projects for use as financing mechanisms. A good example of a similar project <br />that was financed using some of the methods described above is the Stagecoach <br />Project located near Steamboat Springs. This 33,000 af project is presently <br />under construct i on and used a vari ety of fi nanci ng and revenue sources. <br />Financing sources included Authority revenue bonds,' a CWCB loan, and a USBR <br />Small Projects loan. Sources of revenue included hydroelectric power sales; <br />water sales for industrial, municipal, and agricultural uses; and local <br />conservancy district bond issues and ad valorem taxes. <br /> <br />S-l1 <br />