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<.j-< ~~.:)) ..~ benefited from the llI8.rketing of additional and better cattle and sheep. A full irrigation supply of water for the land will have a small but nevertheless stabilizing effect on the national econornw. The farmer's net income per man hour of labor w~ll be increased and insured thus brinsing agriculture income clossr to parity with industry. Higher agriculture income also means a higher standard of living for the farm family. The present average annual income per farm unit is estimated to not exceed $1,600 while the farm unit income after project development is estimated to be $2-;?6e~ J_+t. () Repayment Ability A study of increase in net crop income, taking into consideration the increase in irrigation opera.tion and mainten!l.nce cost, interest on additional investment, insurance, taxes and an allowance for justi- fiable profits, indicates water users can pay $2.25 per acre annually for project water. The total repayment to be expected from irrigation on such basis would be $14,600 per ~rear, or $58h,OOO over a 40 year ., I period. In addition to repayment from irrigation the City of Rifle would repay 1/9 the estimated cost of the project for the use of 1,000 acre- feet of storage capacity in the Rifle Gap Reservoir. Such repayment l~" ' would amount to $1.38,000 over 40 years. The total repl\yable project cost would then be $722,000, or 58% of the estimated cost of the l I project based on January 1940 prices. Project Repayment Organization A repayment contract between the Federal Government and an organization representing local water users covering the cost of the project repayable by irrigation can be h"ndlerl by cent racting with'