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<br />Today the Board of Directors of the San Diego County Water Authority <br /> <br /> <br />ATTACHMENT <br />~J'!::'\~i!t:S F~R'~O'~lI?~A~[!lI San Diego County Water ,J..uthont\. <br />,f]/~~, ~l.tt. 'So \~'. 'FA;:ij~~l~ 2750 4th Ave. San Diego. CA 92103 <br /> <br />San Diego County Water Information Service 0 Contact Pete Rios - 297-3211.3 <br /> <br />August 29, 1984 <br /> <br />FOR l}frlEDlATE RELEASE . . . <br /> <br />approved an option to purchase water from a private water development project <br /> <br />proposed to be constructed in Colorado. The ('.',ion is for a finn supply of <br /> <br />300,000 AF per year out of a total available supply of 500,000 AF. CoSt of <br /> <br />the option was $10,000, and it must be exercised with an agreement by October <br /> <br />15, 1984. The present annual water use by all the member agencies of the <br /> <br />Authority is about 500,000 AF. <br /> <br />Galloway Group of Meeker, Colorado, is the firm proposing the construction <br /> <br />of a reservoir with a capacity of 1,082,000 AF on the Yampa River in <br /> <br />northwestern Colorado. The safe yield of the proposed project is estimated at <br /> <br />360,000 AF per year. Water stored in the reservoir would be released <br /> <br />dOlo-rlstre"c' 'on demand by the Authori ty, flowing to Lake Havasu where it would <br /> <br />he pumped through the Colorado River Aqueduct. The project could be <br /> <br />operational by 1990. The cost of the supply to the Authority would be 90% of <br /> <br />the price charged by the Metropolitan Water District for water delivered to <br /> <br />the Authority. <br /> <br />Agreements are to be signed between the Galloway Group and the Governors <br /> <br />of Utah and Wyoming to include SO - 100,000 AF per year of water from each of <br /> <br />those states 1n the project. This would increase the safe yield to over <br /> <br />500,000 AF per year and provide funds to those states for water development. <br /> <br />