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<br />characteristics of the Cache la Poudre Basin. <br /> <br />An assessment of existing water supply entities and facilities and of <br />the operation of these facilities. <br /> <br />An assessment of the operation Of the Cache la Poudre water rights <br />system and of significant conditional decrees which could impact a <br />potential project. <br /> <br />Geologic and geotechnical investigations of site suitability for <br />construction of potential facilities. <br /> <br />Analyses of existing and projected water and power demands. <br /> <br />Formulation of alternative projects to include one or more major <br />reservoirs. <br /> <br />Reconnaissance-level designs and cost estimates for proposed <br />facilities. <br /> <br />Reservoir operation studies for: preliminary facility sizing and to <br />provide a preliminary indication ,of project outputs. <br /> <br />Economic comparisons of costs with potential benefits. <br /> <br />Preliminary financial evaluation~ of total and annual costs under two <br />different financing assumptions and the projected impact of cost <br />inflation. <br /> <br />D. FOBllJLM'ION OF ALTERNATIVES <br /> <br />The formulation, evaluation and sele$tion of alternative projects was an <br />iterative process in which an initial! "universe" of possible development <br />options was narrowed to eight preliminary1alternatives in Phase I of the study <br />and subsequently narrowed further to four selected alternatives in Phase II. <br />Alternatives were developed to provide storage in the upper basin to meet the <br />objectives of improved management, dev~lopment of new water supplies and <br />hydroelectric power production using the following concepts as guidelines for <br />project formulation: ' <br /> <br />1. All potential reservoir sites wQuld be located upstream of the City <br />of Fort Collins as required by S~B. 439. <br /> <br />2. Potential reservoir sites wou~d be situated to control, to the <br />maximum extent possible, the total flow in the upper basin. <br /> <br />3. All potential, projects would il)clude a storage reservoir primarily <br />for conservation purposes. ThiS terminal reservoir would store and <br />regulate flows to meet agricultural, municipal and industrial water <br />I <br />demands in the lower basin. . <br /> <br />S-2 <br /> <br />I <br /> <br />I' <br />I <br />I <br />I <br />I <br /> <br />,I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />