|
<br />...~~
<br />l'J~b
<br />
<br />.
<br />
<br />Table 2.--Reimbursable costs
<br />
<br />Transmi ttal
<br />
<br />Purpos e
<br />
<br />Project
<br />cost
<br />
<br />Annual
<br />OM&R
<br />
<br />REIMBURSABLE
<br />
<br />Irrigation
<br />Fish-wildlife
<br />Rec reation
<br />Total reimbursable
<br />
<br />$26,199,400
<br />466,400*
<br />l,2l7,800*
<br />$27,9 3,600
<br />
<br />NONREIMBURSABLE
<br />
<br />Flood control
<br />Fish-wildlife
<br />Recreation
<br />Road relocation (P.L. 87-874)
<br />Total nonreimbursable
<br />
<br />$19, ol6, 100
<br />4,153,600
<br />lO,567,700
<br />139,000
<br />$33,876,400
<br />
<br />$61,820,000
<br />
<br />Totals
<br />
<br />.
<br />
<br />$22,400
<br />20,100
<br />144,200
<br />$186,700
<br />
<br />$9,100
<br />11,200
<br />9,500
<br />o
<br />$29,800
<br />
<br />$216,500
<br />
<br />* One-half of separable costs. Does not include repayable
<br />interest during construction of $24,900 for fish and
<br />wildlife and $29,500 for recreation.
<br />
<br />Annual benefits from all functions total $3,675,200 as follows:
<br />irrigation, $1,631,500; flood control, $961,000; recreation, $790,000;
<br />fish and wildlife, $292,700. Based on a lOO-year period of analysis
<br />at 3-1/8 percent interest, annual benefits '.!ill exceed annual costs in
<br />the following ratios: total benefits, l.62 to 1.00; direct benefits
<br />only, 1.52 to 1.00.
<br />
<br />The existing Lower South Platte Water Conservancy District would
<br />be the contracting entity for payment of annual Federal OM&R expenses
<br />and repayment of most of the capital costs allocated to irrigation.
<br />The district will have two basic sourCes of revenue: (a) from an
<br />ad valorem tax, and (b) from water charges. In addition, it is proposed
<br />that a charge of $lO,OOO annually be levied against the Jackson Lake-
<br />Fort Morgan Canal interests for services resulting in a total estimated
<br />OM&R savings of $16,000 annually. This arrangement would enable a
<br />savings of $6,000 annually by those irrigation interests. Total net
<br />revenues will enable amortization of the irrigation allocation of
<br />$26,199,400 within 50 years without interest.
<br />
<br />.
<br />
<br />*
<br />
<br />3
<br />
|