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WSP08236
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Last modified
1/26/2010 2:47:24 PM
Creation date
10/12/2006 2:49:51 AM
Metadata
Fields
Template:
Water Supply Protection
File Number
8282.500
Description
Colorado River Operations
State
CA
Basin
Colorado Mainstem
Date
3/30/1970
Author
Metro. Water Dist. o
Title
Statement of Metro Water District of Southern California Related to Glen Canyon Filling Criteria
Water Supply Pro - Doc Type
Publication
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<br />, <br /> <br />. <br /> <br />. <br /> <br />- . <br />',' <br /> <br />If Metropolitan's damage of $3,282,000, as alleged <br /> <br />in Point IV-A herein, were placed on a comparable bas is with the <br /> <br />Upper Division's alleged loss, it would result in a cost to <br /> <br />Metropolitan of approximately $28,000,000. This computation is <br /> <br />based upon compounding the amount of Metropolitan's damage at <br /> <br />an interest rate of 6 percent (average rate of return from in- <br /> <br />vesting Metropolitan' s operating reserve funds), for the period <br /> <br />commencing the date when Metropolitan first received Hoover <br /> <br />deficiency allowances until May 31, 2003, the date selected <br /> <br />in the Commission's report. If the costs of all of the Hoover <br /> <br />power contractors were so computed, their total loss would be <br /> <br />much greater than the loss of revenue to the Upper Colorado <br /> <br />River Basin Fund as computed in the Commission report. <br /> <br />-31- <br />
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