Rewrite of Certain Sections of the "Summary"

Document: Rewrite of Certain Sections Of the "Summary to the Pacific Southwest Water Plan", August 1963, page 4-4- Basin plan and provide necessary power benefits to assist the water projects. It would seem reasonable to assume that the power rates fixed should provide whatever power benefits are needed to make future projects feasible. As a point of departure, to serve as the basis for discussion, in these studies we have assumed that power will continue to be sold at 4.7 mills at Parker-Davis after payout, and that Hoover power would be sold after payout at 4 mills. We recognize, however, that these figures are arbitrary and could be flexibly adjusted to meet future financing contingencies. If the economic guidelines outlined in this report were followed a highly favorable benefit-to-cost ratio would be assured, and the proposed Pacific Southwest development fund would produce all of the receipts and revenues needed to finance whatever water projects were authorized by the Congress. 17. Would be omitted.Epson Perfection 4870 Photo, 400 dpi, 24 bit, 2,197,644 byte