Laserfiche WebLink
<br />r-- <br />-' <br />C"". <br />C".! <br /> <br />c <br /> <br />Colunm 12: <br /> <br />Column 13: <br /> <br />Column 14: <br /> <br />Colunm 15: <br /> <br />Total revenues available for the financial <br /> <br />operations of the project including the overpayments <br /> <br />as modified by refunding credits. <br /> <br />Net operation and maintenance cost, first three <br /> <br />years as indicated in Exhibit 44.* Normal operation <br /> <br />and maintenance estimated at $554,400, with :$50,000 <br /> <br />included in 1940-41 contract year and $12,500 in <br /> <br />1941-42 contract year for Adjustment Act expenses. <br /> <br />Annuity for replac~Dent reserve composed of <br /> <br />$'76,595 for machinery and $6,640 for penstocks making <br /> <br />a total of $83,235. The portioll to cover machinery <br /> <br />was taken as 1.25 percent of ~0S,127,639, the original <br /> <br />cost of roplaceable machinery. The portion to cover <br /> <br />penstocks was taken as an annuity sufficient in 50 <br /> <br />years to accumulate to 5 percent of the original <br /> <br />penstock cost assuming as expenditure for replacement <br /> <br />of this magnitude would b8 required in 45 years. The <br /> <br />original penstock cost was ~12,922,373 and 5 percent <br /> <br />of this ~nount is $646,118. The factor used to secure <br /> <br />the proper annuity was 1.02775 ~ercent. <br /> <br />Payments to the Statos of Arizona and Nevada are <br /> <br />provided for at the rate of ;~300 ,000 pCI' !lllnum to each. <br /> <br />These are to be paid from revenues, received after the <br /> <br />effective date of the Adjustment Act (May 31, 1941), <br /> <br />after providing for the required payments shown in <br /> <br />'1 <br />