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<br />. <br /> <br />Taxes on the project would be increased. The County <br /> <br />Assessor has stated that land will be assessed at a higher rate <br /> <br />as the value of the land for production increases, probably after <br /> <br />the farmers had made two or three crops. No concession is likely <br /> <br />to be made for the increased burden of construction charges placed <br /> <br />on the land. The greater tax yield from the area should lower <br /> <br />county and school tax levies to some extent throughout the county. <br /> <br />On taxes alone, both state and county will benefit. Increased taxes <br /> <br />would be expended for the same objects as taxes are now expended ex- <br /> <br />cept as the County Commissioners may direct greater attention to <br /> <br />road improvements Wi thin the project. <br /> <br />Project residents have indicated that they would favor <br /> <br />a special general tax to be applied toward construction costs but <br /> <br />1~\ <br />~'~~}} <br /> <br />sentiment in the county as a mole is opposed. It is not probabl.e <br /> <br />that a conservation district, to include land and towns outside the <br /> <br />project, could be organized. While it is admitted by business men <br /> <br />generally that considerable benefit will accrue to Durango industries <br /> <br />and business by the development, the benefit to many people of that <br /> <br />city would be minor and indirect. It is doubtful if the city as a <br /> <br />mole could be induced to participate in repayment of construction <br /> <br />charges. Property values in project communities at this time total <br /> <br />less than flOO,OOO. Storage development would likely result in <br /> <br />material increase in their populations and taxable values even though <br /> <br />most of the increased business would be conducted at Durango. V~ether <br /> <br />project costs may better be met by means of a conservancy district <br /> <br />29 <br />