| OCR Text |
Show on features required to deliver water from Straawwbbeeir ry Reservoir into the Bonneville Basin. About $18 million, including $2 million of Congressional write-in, is budgeted for F.Y. 1974. Based on an estimated cost of $490 million and an interest rate of 3.2 percent,, the project had a benefit cost ratio of 1.5 to 1 in 1972. Of the $250 million allocated to irrigation, $13 million is expected to be repaid directly by unit irrigators; $41 million will be paid from ad valorem taxes by irrigators and non-irrigators. Of the $142 million allocated to MSI, $94 million will be repaid directly by water users and $48 million from ad valorem taxes. Costs allocated to power ($71 million) would be repaid from power revenues. Any reimbursable costs ($164 million) not paid by water users and ad valorem tax revenues would be repaid by revenues from ' Bonneville Unit powerplants and from Utah's share of revenues from the Colorado River Storage Project basin fund. Non reimbursable cost allocations for flood control, recreation, fish and wildlife, etc., total approximately $59 million (about 10 percent). The repayment contract, dated December 28, 1965, between the United States and the Central Utah Water Conservancy District was endorsed by a general election with a vote of 13 to 1 in favor of the~^roject. The contract covers the repayment by the conservancy, district of an ^•obligation-of $130,673,000 (with provisions for an increase), plus interest on the unpaid portion of this obligation for municipal and industrial water. Under the contract, a development block notice would be issued by the United States to the district as water becomes available for sale. Development Block Notice No. 1 (Duchesne area) was issued to the conservancy district on June 19^ 1970. This notice was for 21,400 acre-feet of irrigation water from Starvation Reservoir. On June 10, iiZi, the Salt Lake County Water Conservancy District petitionecFAEEe' Central Utah Water Conservancy District for a perpetual allotment of 50,000 acre-feet of water annually from the Bonneville Unit. The initial delivery of 3,000 acre-feet was requested during calendar year 1974, and the total allotment would be used by about 1990. The draft environmental impact statement was filed with CEO on August 14, 2312. A public hearing was held on September 22^and 23, 1972. TjKe~TInal environmental impact statement was f i!ed^wiHr^E^^~Au^Lrst" 2, 1973. It contains a full disclosure of known envirormielitar^ipi^ts^bf^tHe-" Bonneville Unit with a commitment to prepare supplemental impact statements on features in the Bonneville Basin. , |
