| OCR Text |
a 20-year period. Power sales contracts with nonpreference customers are for less than five years and contain provisions for extension of contract and withdrawal of power upon advance written notice. As of September 30, 1966, a total of 961,748 kw. were under contract for the summer season and 714,872 kw. were under contract for the winter season. During the twelve-month period ended September 30, 1966, revenues from power sales exceeded $10,000,000. Cumulative revenues from power sales from the initial date of generation to September 30, 1966, are about $18,500,000. E. AUTHORIZED PARTICIPATING PROJECTS Sixteen participating projects are now authorized. Seven are in Colorado, three are in New Mexico, two are in Utah, three are located in Wyoming, and one in both Colorado and Wyoming. Participating projects will consume water of the Upper Colorado River System for irrigation, municipal and industrial purposes, and will participate in the use of revenues in the Basin Fund to help repay the costs of irrigation features beyond the ability of the water users to repay. As noted in the Commission's Eleventh Annual Report the construction of the Pine River Project Extension in Colorado has been indefinitely deferred. It was also recorded in the Thirteenth Annual Report that it had been concluded that the construction of the LaBarge participating project in Wyoming should be indefinitely deferred. A brief description of each of the authorized participating projects and the present status of its construction or investigations follows: 1. COLORADO a. Paonia Project Paonia Dam was completed in January 1962 and was dedicated on September 29, 1962 - the first participating project of the Colorado River Storage Project to be completed. Responsibility for operating and maintaining the dam was transferred to the North Fork Conservancy District on June 1, 1962. Recreation facilities have been constructed and are in use. The project is located near Paonia and Hotchkiss in west-central Colorado on the North Fork of Gunnison River. Water stored in the 21,000-acre-foot capacity Paonia Reservoir is distributed to project lands through the enlarged and extended Fire Mountain Canal. Irrigation water supply is supplemented for 13,070 acres of land 96 |
