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<br />. <br /> <br />co <br />....-l <br />--, <br />',~ <br />,.:) <br />'-:'; <br />C) <br /> <br />Mr. Stephen Ellis <br /> <br />- 2 - <br /> <br />May 18, 1979 <br /> <br />Five thousand acre-feet of water will irrigate up to three <br />sections, or twelve one hundred and sixty-acre quarter sections, <br />with an annual return to the trusts of approximately $75,000.00 <br />from land which noW is producing about $1,500.00 a year. The return <br />to the Land Board should represent about one-tenth of the actual <br />production of the land, and the multiplier effect in economic <br />activity would be almost twice that. The five thousand acre-feet, <br />in other words, should generate annually about $2,225,000.00 in <br />economic activity in an agricultural area with a depressed economy. <br />This should be compared to the 5,300-acre feet which are <br />to be reserved for fowl refuge and the up to 12,500-acre feet <br />proposed for the other. <br /> <br />The environmental impacts of the Closed Basin Project are <br />not a serious concern of the Land Board. <br /> <br />RR:mlp <br /> <br />. " <br />Rowena Rogers, President <br />