| OCR Text |
Show on features required to deliver water from Strawberry Reservoir into the Bonneville Basin, About $18 million, including S2 million of-f ~~" *•"'....• . • 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 M&I, $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 • raazegagsL. . Any, reimbursable costs ($164 million) not paid by water *• S§!~E5 aa(^ ad valorem tax revenues would be repaid by revenues from . . . Bonneville Unit powerplants and from UtahTs share of revenues from the Colorado River Storage Project basin fund. Non reimbursable ' cost_illocations for^HIoocL control, recreation, fish and wildlife» etc», total approximately $59_million (about 10 percent). The repayment contract, dated December 28, 19659 between the United States and the Central Utah VJate^r^o^servancy District was endorsed • by a general election with a vote of 13 to 1 in favor of the project. Hie contract covers the repayment by the conservancy, district of an ^obligation "of $130,673,0u0 (with provisions for an increase), plus interest on the unpp.id portion of this obligation for municipal and-industrial water. Under the contract, a development block notice vould be issued by the United States to the district "iTwater becomes available for sale. . '•; - Development Block Notice No. 1 (Duchesne area) was issued to the conservancy district^on June 19y 1970. This notice was for 21,400 acre-feet of irrigation water from Starvation Reservoir. On June 10, 1971y the Salt Lake County Water Conservancy District petitioned the 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 draflL-en^gi^ggjg^ental impact statement was f ileJ[_jwith_^Eg_ on August 14 y 1972, A public hearing was held on• Septeaber__22_and 23, 1972. The final environmental^impact statement was filed with CEQ on August 2, 1973. It contains a full disclosure of known environmental impacts~of~~the Bonneville Unit with a commitment to prepare supplemental impact statements on features in the Bonneville Basin. . * - - - •-".-. .- |
