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<br />total is developed. There are plans of development on each of the <br />rivers in ~orth West Colorado, mainly the Yellow Jacket Project on <br />the White River along with the Rangely Reservoir, the Juniper and <br />Great Northern Projects on the Lower Yampa with the Wessels, Hayden <br />i~esa and Toponas projects on the Upper Yampa and the Savory-Pothook <br />Project on the Little Snake River. These are all in the stages of <br />preliminary planning ~lith the exception of the Savory-Pot Hook ~Ihich <br />has been authorized for construction but to date all funds have been <br />frozen by the Office of i~anagen;ent and Budget. Due to the size of <br />these projects and the limited financial ability of the area, it is <br />almost imperative that some outside enity develop them. The most <br />logical \'/ould be the United States Goyernment through the Bureau of <br />Reclamation as has always been planned. <br />It would seem that standards and criteria proposed by Water <br />Resources Council and Office of Management and Budget more particularly <br />the increase in discount interest would preclude any possibility of <br />these projects being feasible. <br />The North West Colorado Water Council and the Conservancy Districts <br />are not asking for subsidies for development of these various water <br />projects. They feel interest should be considered in repayment of <br />Federal assistance eyen though many Federal programs do not ever <br />consider repayment of the principle. The interest rate should be <br />considered on a realistic basis and definitely not be higher than <br />bond rate and other priyate financing. <br />The i'~orth I'Jes t Co 1 orado \,1 a ter Counci 1 feels tha t the deye 1 opment <br />of its \'/ater pI"ojects ',Iould enhance social well-being by raising <br />incomes and standards of liyinq as well as making jobs for their <br />