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<br />. <br /> <br />. <br /> <br />..."" <br />...... <br />c") <br />',) acres of 1 to 3'1; slope exht within Meaa County, excludinE <br />~~ concentrated aEricultural areas. Several aitea appear attractive <br />'-, <br />~. near paliaade, Colorado, althouEh they require further inveatiEation. <br /> <br />Co..ercial Value <br /> <br />The value <br />that can <br />fro. the <br />resources <br /> <br />of <br />be <br />s-81 e <br />Bade <br /> <br />the STEP process to inveatora ia baaed upon caah flows <br />expected frOB operatinE a pollution control facility, <br />of product, and froa a ahare in the leaae riEhts to the <br />abailable to other businesaes because of the procesa. <br /> <br />Future, cash inflows fro. the production and sale of STEP crops were <br />forcast utilizinE a Monte Carlo approach, discountinE the unit value <br />of STEP crops by 25'1; below the historical average price of Alfalfa <br />hay in Colorado. The aost probable result of the aiaulated revenue <br />analysis was that 1,276 acres of STEP production pond area would be <br />utilized to yield 10,208 tons of feed-Erade hay at a price of <br />$53.66/ton for annual gross revenues of $547,930. According to 1985 <br />Colorado Agricultural Statistics, 2,387,000 tons of Alfalfa hay were <br />produced in the State in 1984; 19.4'1; of that was produced in the <br />Southwest District of the State that includes Mesa and Garfield <br />counties. The STEP production ponds would thus need to capture about <br />2.2'1; of the Southwest Colorado aarket. <br /> <br />The aost probable result of the siaulated earninEs-before-tax <br />analysis was that about $160,000 would be earned froa the first year <br />crop and $174,500 frOB subsequent crops, the difference caused by <br />decreased costs in planting in the out-years. <br /> <br />In addition, the contract for operating the facility for the public <br />should yield around $106,000 per year. Carbon dioxide and space <br /> <br />TABLE III: EFFECT OF STEP PROCESS PERFORMANCE ON COST <br />EFFECTIVENESS (1985 $ PER TON OF SALT REMOVED) <br /> <br />Perforaance Variable <br /> <br />Best Case <br /> <br />Reference Case <br /> <br />Worst Case <br /> <br />Evapotranspiration <br />Rate (in/day) <br /> <br />0.52* <br /> <br />0.258 0.18 <br />55.31 57.53 <br />42.91 45.13 <br />40,000 80,000 <br />55.31 55.65 <br />42.91 43.25 <br />180 126 <br />55.31 56.54 <br />42.91 44.14 <br /> <br />Mack Site, ($ per'ton) <br />Palisade Site, ($ per ton) <br /> <br />51. 93 <br />39.53 <br /> <br />Salinity, (agll TDS) <br /> <br />28,000 <br /> <br />Mack Site, ($ per ton) <br />Palisade Site. ($ per ton) <br /> <br />55.02 <br />42.62 <br /> <br />Growth Season, days/year <br /> <br />360 <br /> <br />Mack Site, ($ per ton) <br />palisade Site, ($ per ton) <br /> <br />52.84 <br />40.44 <br /> <br />* Reported as high as 1.5 in/day <br /> <br />J;-9 <br />