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$1000 to $1200/KW may be attractive to utilities. It appears, therefore, that a pumped-storage project in the study area may be financially feasible and could possibly serve as a financing mechanism for implementation of an ':~ in-basin water resource development plan, .... l ') e-" N WATER SALES AS A POTENTIAL FINANCING MECHANISM The possibility of exporting water from the study area to the front range was investigated as a potential financing mechanism for an in-basin development plan. The investigation identified. three previously proposed projects which would divert water to either the Arkansas River basin or the South Platte River basin. These projects are: o the Collegiate Range Project as proposed by the.City of Aurora; o the Union Park Project as proposed by Arapahoe county; and o the Central Colorado Project as evaluated by the Central Colorado Water Conservancy District. In addition, a new concept of diverting Upper Taylor River waters from the exi sUng Taylor Park Reservoi r to either the Arkansas or South Platte basins was developed (Taylor Park Project), The project configuration and yield determined by the developers of the proposed Collegiate Range and Union Park Projects were accepted for. the purpose of compari son. The Central Colorado Project ori gi na lly envi si oned exporting 600,000 af from the Gunnison Basin which was determined by this study to be impractical, Furthermore, the project was originally defined to deliver the majority of its yield to the South Platte Basin which was determined to be economically infeasible at the lower yields determined in this study. As configured in this study, the Central Colorado Project would export only uncommitted Blue Mesa Reservoir water (up to 180,000 af) to the Arkansas River. A detailed yield analysis of the Taylor Park Project was carried out us i ng vari ous assumpt ions regardi ng water rights, i nstream flow requi rements S-6