Report on Lower Colorado River Project

Report: United States Department of the Interior, Bureau of Reclamation, "Report on Lower Colorado River Project," Revised Draft, 6/7/63, page 63water to enhance recreational opportunities at other locations in the project area. 13. The plan of development described is formulated to be operated in accordance with Reclamation Law. Under these conditions, project economic justification and financial feasibility are indicated. The benefits will exceed the costs for a 100-year period of and yais. The water charges for irrigation and municipal and industrial purposes are estimated to be within payment ability and the rate for commercial power competitive with other potential sources. Payout schedules indicate that reimbursable Federal costs could be paid out in a period extending 50 years beyond the addition of the last project facility for power sales and water revenue. 14. Existing demands for additional water to meet the needs of the area make it imperative that construction of the facilities be initiated as soon as possible. 15. A basin revenue pool using anticipated revenues derived from water sales under this proposal and power revenues from existing and potential power developments along the Lower Colorado River could be used to assist in financing continued long-range comprehensive water development beyond 1990 throughtout the Lower Colorado River Basin and the coastal area of southern California. 43Epson Perfection 4870 Photo, 400 dpi, 8 bit, 2,791,202 byte