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<br /> <br />,- <br /> <br />~ <br /> <br />\"yomi nq <br /> <br />or..!red in the fisr.al year <br /> <br />. <br />20~0 through the physical <br /> <br />;> ye<lr ;>0(,9. As sl101m here in red, the diagonal line represents <br /> <br />3 the r.umul<ltive apportioned revenues available to the state of <br /> <br />~ Colorado with the proposed rate. Note that in the year 2069, <br /> <br />" <br />" <br /> <br />the red line is about 100 million dollars above the revenue <br /> <br />6 <lvailahle line. <br /> <br />In other words, if the projects had not been <br /> <br />7 delayed, there would hpve heen a shortfall of 100 million <br /> <br />iJ ,loll ,'rs of rev(>n1le for tIle projects in the state of Colorado by <br /> <br /><) the Yf'ar 20(," with the pr.oposed rilte i1nd a higher rate would <br /> <br />10 hi1ve heen needed. <br /> <br />II With the five projects delayed, however, the repayment <br /> <br />I? requirements for projer.ts in Colorado are as shown in the <br /> <br />13 shaded arep. Notu that the revenue available exceeds the <br /> <br />l~ requirements of the sh<ldec1 i'rea for all years. The part <br /> <br />15 identified as being required by section 5e of public law P~-~R5 <br /> <br />, <br />16 governs the ri1te. This part represents the amount that is due <br /> <br />]7 to Color<ldo as their share of the CRSP apportioned revenues <br /> <br />1? understand the provisions of ser.tlon 5e of public 12W B~-485 <br /> <br />19 which il1lt:horizcs the. CR~r. <br /> <br />20 <br /> <br />NoW, section 5e provides that <lpportioned revenues be <br /> <br />21 qulded along the four Upper Basin states for rRSP participating <br /> <br />22 projects In the pcrr.ents as shown here, irrespective of the <br /> <br />21 immee1iate needs of the pilrticipating projects within a <br /> <br />;>~ pi1rtl('111ar 1Otatc. 1'l1u1O, Ivlth the Colorado projects delayed, <br /> <br />25 the needs of another stote governs the power rate. This state <br /> <br />2:J <br /> <br />Intermountain Court Reporters <br />2(,)-139(, <br />