Based on the cash flow analyses and reduced to NPV, the revenues from the various components of the project can bring total current values of:
    
     Travel and Recreation                       $1.280 billion
     Residential & Resort Development    $1.977 billion
     Commercial Development                 $0.147 billion
     Total NPV of Revenue Stream     $3.404 billion
Additional Benefits
     Energy Sales                                     $0.412 billion
     Total Benefits                                 $3.816 billion

There are additional revenues that are more difficult to quantify or to project into the future. These include, for example, the value of maintaining agricultural production during periods of drought. It has been estimated that the 2001 drought in the Yakima Valley cost the agricultural sector $250 million and a broader economic loss to the total economy of $750 million. It is evident that alleviating even a few such crop disasters over the next 20 years could also reap benefits measured in the billions of dollars.

There is value in enhancing the Yakima River fishery, as well as in preserving the recreational use of Cascade reservoirs by minimizing drawdowns during low water years. There are also significant values in enhancing real estate assessments and tax revenues, as well as creating all the construction and operating jobs that will result from development.

This analysis provides only a framework for estimating the total economic value of the Black Rock Reservoir. By any measure, it will provide a very significant return on investment.

For complete report click the link below.

Recreation and Development Analysis
                                                 by Mitchell Nelson Group