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<br />< 0019% <br /> <br />Dean Crawford <br />3d <br />December 23, 1957 <br /> <br />I am sure you appreciate that the information presently available <br />does not permit a reliable statement as to whether power revenue <br />credits available to New ~1exico at the time the Animas-LaPlata <br />Project may be authorized will be adequate to finance New Mexico's <br />share of the project construction costs. I feel that the possi- <br />bility that the credits will be adequate is not ruled out at this <br />time, but it must be assumed that it will be the State's policy not <br />to delay the construction of authorized participating projects by <br />reserving credits for projects which are in the preliminary plan- <br />ning stage. <br /> <br />Please feel free to write or call me if some further information <br />concerning New Mexico's present and proposed uses of the waters of <br />the San Juan River would be useful to you. <br /> <br />Yours truly, <br /> <br />/s/ S. E, REYNOLDS <br />S. E, Reynolds <br />State Engineer <br /> <br />SER:c <br /> <br />'" <br /> <br />;i? ,;..., ;;:_ ~' <br /> <br />t <br />t <br />,f, ,',{ <br />...d.h::!; <br />