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<br />0:1777 <br /> <br />. <br /> <br />replacement of these lines is now being made from year to year, <br /> <br /> <br />their full replacement should be undertaken by the city of Trinidad <br /> <br /> <br />should the project proceed to construction. The plan set forth <br /> <br /> <br />herein will not damage the present pipe lines. <br /> <br /> <br />With a total construction cost of $2,781,000 the amount <br /> <br /> <br />Vlhich irrigators may be expected to pay is $456,000 at the rate <br /> <br /> <br />of $2.00 per acre-foot annually on a 40-year interest-free repaJ'- <br /> <br /> <br />ment period basis. The remaining allocation necessarJ' for construc- <br /> <br /> <br />t:Lon would be $2,325,000. With annual benefits of $55,600 to flood <br /> <br /> <br />control and deducting an estimated $3,000 annually for reservoir <br /> <br /> <br />maintel~nce, the flood control partici0~tion in project costs is <br /> <br /> <br />~U;1,235,000 with the net annual benef:Lts capitalized at 3-/i percent <br /> <br /> <br />as is customary with flood control projects. This is $1,090,000 <br /> <br /> <br />loss than tho allocQtion necessary for construction. <br /> <br />'" <br /> <br />Cests for concrete-lined ch@.nnels through the city of Trinidad <br /> <br /> <br />are estimated as $1,400,000 for 50,000 second-feet of calX"city ~nd <br /> <br /> <br />$850,000 for 30,000 second-feet of capacity. Theso channels hrcve <br /> <br /> <br />estimatod annual flood benefits of $22,000 and $9,000 respectively. <br /> <br /> <br />No irrigation benefits rosult therefrom. <br /> <br /> <br />It is concluded that the plan set forth herein is the most <br /> <br /> <br />practicable for needed additional development in this area for irri- <br /> <br /> <br />gation and flood control, notwithstanding apparent interference with <br /> <br /> <br />railroads :::.nd other utilitieii. With John Martin Dam under construc- <br /> <br /> <br />tion on the Arkansas River :::.bout 12 miles above Lamar, Colorado, it <br /> <br /> <br />is probable that senior rights in that valley will permit of upstream <br /> <br /> <br />development for a limited period. This plan provides such a means. <br /> <br />'" <br /> <br />H <br /> <br />