| OCR Text |
Show -10-- as $323,219,000 ($392,152,000), depending upon disposition of revenues from municipal water in excess of those required for operation, maintenance, replacement, and capital costs attributable to municipal water. It would not be necessary under a 75-year repayment period to require that commercial power revenues provide assistance to irrigation over and above that which is derived from the interest component. 11. Question. How is the power to be used for project pumping to be financed or paid for? Answer. Power used for project pumping would come almost exclusively from Bridge Canyon power plant. Bridge Canyon Dam and Reservoir would be used for several purposes; Bridge Canyon power plant and necessary transmission lines would be used jointly for irrigation pumping and commercial power purposes. All capital costs, operation and maintenance costs, and reserve for replacement costs would be allocated to those separate purposes proportionately as their respective uses. The part of the capital costs of power generation and transmission facilities, including Bridge Canyon Dam and Reservoir, appropriately allocable to irrigation purposes would be repaid from revenues from the sale of irrigation water, revenues from the sale of municipal water, and from the interest component of commercial power revenues, as described in answers to questions 6, 8, and 10. Operation and maintenance costs and reserve for replacement costs allocable to irrigation, including an appropriate share of such costs of Bridge Canyon Dam, Reservoir, and power plant, and of transmission lines, would be paid out of revenues from the sale of irrigation water. |
