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<br />,ft <br /> <br />l <br />; <br /> <br />, <br /> <br />0'~" ~""l <br />J,oO.L{ <br /> <br />in order to pay a part of the cost of this project, which includes a part <br />of the cost of the Ruedi Dam, is that right! <br />Mr, PALMER, That is right. <br />Mr. ASPINALL. Thank you very much, Mr. Palmer. And iR the in- <br />terest of time, I wish to reserve my time so that the new members, <br />especially, may have the chance to question Mr. Palmer, <br />Mr, ROGERS. Mr. Chenoweth. <br />Mr, CHENOWETH. Mr, Chairman, Mr. Palmer, I also want to com- <br />meRd you on a very splendid and succinct statement. I know you <br />and Mr. Ogilvie and members of your stall have worked diligently <br />on this project for many years. Those of us who sponsor the project <br />appreciate your interest and splendid cooperation, <br />As I understand, there has been no change in the specifications <br />or details of the project siRce you appeared liefore the committee in <br />June last year, except the Fryingpan-Ark:l.Ilsas project will now pay <br />the entire cost of the Ruedi Reservoir. Last year we agreed to pay <br />oRly the amount of $7 miUion chargeable to the Aspen Resen'oir and <br />now we agree to pay the entire amount, estimated at some $12 million, <br />Mr. ASPINALL. Does the gentleman yield! <br />Mr. CHENOWETH. Yes. <br />Mr. ASPINALL. With the understandiRg' that the future users of the <br />water that is to be held iR the reservoir and uscd by westcrn slope users, <br />that amouRt of mORey is to be credited to the amount of money that <br />the eastern slope interests have to pay in the first instance; is that <br />not right! <br />Mr. PALMER. That is right. This is the one addition I was goiRg <br />to mention. The physical works remain the same. The amounts of <br />water to be diverted rem aiR the same, the general organization of the <br />project. remains the same except for the financial adj ustmeRt that you <br />have identified and to which the chainnan of the full committee has <br />added lln additional e"planat.ion. The $3 million-pIllS of western slope <br />costs would be picked up by Fryingpan-Arkllnsas project. As SOOR as <br />a market could be developed for that water on the west slope, it would <br />reduce the cost. of FryiRgpan-Arkansas aRd we would reallocate and <br />reassign the repayment portion, <br />Mr. CHENOWETH. In other words, the FryingpaR-Arkansas project <br />would be reimbursed. The Fryingpau-Arkansas project remains the <br />guarantor of this $3 miUion item. As Mr. Aspinall mentioRed, the <br />Fryingpan project will be reimbursed out of the proceeds of the sale <br />of this water! <br />. Mr. PAL>IER. Either reimbllrsed or the amount t.he Frying;pan-Ar- <br />kan"as project would be required to repay would be reduced~ <br />Mr. CHENOWETH. Thank YOIl, Mr. Palmer. In the interest of time <br />I will not ask further questions. I would like other members of the <br />committee t~lnVC ample time for their quest.ions. <br />Mr. ROGE , 11'. Halev. .' <br />Mr. H.\LEl. II'. Paln,e,', we had better get this~t of the way. <br />The chairman of the fnll committee indiCllted you 'would be asked <br />~.,o..qll"st.!~n: What are the nomei,mbllrSab]. items in t.his projcc,t! <br />. ,~much. <br />Mr. PALMER. The full anoca~\.s; Mr. Haley, are sketched on page <br />.ll o~ the "Supplemental-Feas'i-~J' Analysis, Fryingpan-Arkansas <br />" Prol ect, Colorado." <br /> <br />FRYINGPAN-ARKANSAS PROJECT, COLORADO <br /> <br />35 <br /> <br />I <br />, <br />, <br />f <br /> <br />I <br /> <br />I <br /> <br />" <br />