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<br />lJul.J2;, <br /> <br />April 16. 1949 <br /> <br />Guno1son-ArkBnB&s Projecrl: <br />Revaluation of Initial Development <br /> <br />Revaluation of the Io1tial Developnent of the Gunn1eon-ArkansaI <br />Projeot in aooordanoe with the lat8llt available informat1on involves <br />the substitution of _ features. ohanges in routes and estimated <br />oosts, and modification of the finanoial studies diecussed herein. <br /> <br />A replaoement r088rvoir at Aspen has been substi tu.ted for the <br />Ruedi Replaoement Reservail'. A drawing of {,spell. Reservoir topoe;raphy <br />1& attached hereto aloDg with the area oapaoi ty curve8 and dQtalled <br />008t estimat8. <br /> <br />"~F <br /> <br />Tile map '81\C,lI1ng potential features, the route location draw1J!g8 <br />of the Fry1bgpan Diver8ion and the Upper Arkansa8 Valley Power System. <br />and the profile map have been revi8ed to show the latest addillioDS and <br />changeD in the potenllial pllU1 for Initial Development. <br /> <br />!h8 total construotion coat of '136,448.000 plus interest during <br />oonstruotion. lIlillU8 the pre8ent worth of terminal salvage value. equal. <br />a I18t projeot inve.tment of '141,628,000. This figure amorthed at <br />2-1/2 pel'Oant ll1t.rest over 100 years gl ve8 an mllma! equlvalent oost <br />of $3,881.900. Addlng the adjusted annual operatioD. malntenance, and <br />replaoement cost gives a total ann~ equivalent federal oost of <br />'6,150..100. <br /> <br />The total a'Verage annual direct bell8f1ts to irrigatioll,~o- <br />eleotrio power. muniolpa},:watel". flood comrol. sedimentation, and <br />reoreatioll les8 daDages to fhh and wildlife conservation &mount to <br />'6,158,400. To thi. figure .is added the indireot benefit. to irri- <br />gation and pOIiel'mllking the total a'Verage annual benefits ot 89.851.600. <br /> <br />t'he benefl t-coat ratio whioh ehows the relationship between the <br />trlo items 18 1.91 to 1.00. <br /> <br />the total estimated construction coat and annual operation. main- <br />tellllnoe, am replaoemen~ eltpenses are 11sted by features and segregated <br />into specific and joint oategories in the aoocmpanying tabulation. The <br />total oost of the projeot system BII10unting to 1127.096,000 was used ill <br />the cost allocation and repayment studies and inoludes the cost 01' <br />municipal water in the projeot system. The oost 01' $9,352,000 for <br />additio1lll.l facilities required to deliver municipal water to the munio~ <br />ipa.l1ties, which is treated /1S a separate item in the repayment studies, <br />increases the total project cOBt to 8136,448,000. <br /> <br />1 <br />