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<br />. <br /> <br />. <br /> <br />. <br /> <br />2. 44'~ <br />.1. .;) <br /> <br />(Benofit-00st ~nalysis, Initial Development <br /> <br />Revisions of tho designs anc ost1mntes ~nd the rodetorminution of ovor- <br />head then recommended by the board incioate that the total cost of the <br />Initial Dovolopmont ns now designed might bo incro~sed to $155,000,000. <br />This inorenso, however, oould be Gbsorbod by tho surplus of $18,067,518 <br />which would accruo from project revonuos ns shnwn in tho pnyment schod- <br />ulo. It should also be noted here th"t operation stu(lies made subso- <br />quent to the closing of tho Interim Re?ort indicate that a reduotion <br />in cupacitios of powor features is Cesirablo. any rodetermination of <br />oapacities would, theref0re, decrease the total estimated cost. Tho <br />net rosult would h~ve no adverse effeot on the repayment schedule, <br /> <br />Interest during oonstruction <br /> <br />Interest wns oomputed as one-half the product of the cost of oaoh <br />fe~ture times the construotic,n period till',OS 2-1/2 peroent interest and <br />is sh:mn in the foll,)wing tnblo. <br /> <br />13 <br />