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<br />4~f;~ <br />t~1~ <br /><.iff"' <br /> <br />" <br /> <br />under the Public Works and Economic Development Act of 1965. <br />of the project would be of great economic value to the area~ <br />an increase of over 2 million dollars to the local tax base. <br /> <br />Completion <br />including <br /> <br />The recreational benefits derived from local fisheries along the <br />streams and at Gould and Soap Park Reservoirs would serve to take local <br />pressure away from the Curecanti National Recreation Area and provide <br />additional facilities for the overflow from Curecanti and Black Canyon <br />of the Gunnison area. <br /> <br />No construction funds for the project were included in the . <br />President's FY 1979 budget message. Although the project had a favor- <br />able benefit-cost ratio at time of authorization, constantly changing <br />criteria and conditions have greatly increased the costs without a <br />similar reflection of benefits. There is a possibility that some re- <br />formulation of the project could result in a more favorable benefit-cost <br />ratio. <br /> <br />In view of the unfavorable benefit-cost ratio, there appears to <br />be little or no likelihood that construction funds can be secured at <br />this time. However, the project should not be allowed to drift in <br />limbo. It is the staff recommendation that the board request the <br />Governor and Colorado's congressional delegation to seek the sum of <br />$75,000 for further advance planning on the Fruitland Mesa project. <br /> <br />FLS :mm <br /> <br />-5- <br />