184 



MULTIPLE PURPOSE RIVER DEVELOPMENT 



TABLE 31. Multiple Purpose Structures, Estimated Generating Capacity 

 and Cost of Alternate Plans of Development for the 

 Undeveloped Reach of the Coosa 



Corps of Engineers Plan (as of 2950) 



Leesburg 84,000 30,198 



Lock No. 3 72,600 21,406 



Kelly Creek 125,100 31,135 



Lay (modified) 96,000 24,577 



Total 377,700 107,316 



Sources: Alabama-Coosa River Basin: Report to the President's Water Resources 

 Policy Commission, op cit.. Table I; Office of the Chief of Engineers, 

 op. cit., Exhibits I and N as revised. May 15, 1956. Alabama Power 

 Company Application, op. cit. 



sideration requires attention. The provision of certain nonmarket- 

 able services is required, both by projects best adapted to a 

 comprehensive plan of development, and the conditions stipulated 

 in the legislation suspending authorization for public development. 

 These services are not provided voluntarily by private firms acting 

 consistently with our rationality assumption (as described in 

 Chapter II). Potentially, the most significant of these services relate 

 to flood control. Section 5 of the legislation suspending authoriza- 

 tion of public development of the power has three relevant require- 

 ments: (1) the maximum flood control storage which is econom- 

 ically feasible shall be provided. (2) In no event shall the flood 



