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Section 5 Formulation of Alternative Plans
EAA Storage Reservoirs Revised Draft PIR and EIS February 2006
5-11
has the advantage of potential enhancement of STA operation by intercepting
peak flows during wet periods and retaining water during dry periods while
metering water output to the STAs.
Depending upon placement and the size of the reservoirs, this option may
remove property from the tax roles in Palm Beach County, with its associated
negative impacts on the socioeconomic components of the environment in this
county. However, it should be noted that the Talisman lands within the EAA
have already been acquired via an appropriation of Federal funds and SFWMD
funds in anticipation of implementation of a project contributing to the overall
restoration of the South Florida ecosystem. According to the Palm Beach County
Property Appraiser, the value of land in the EAA decreases with distance from
Lake Okeechobee. Land near the Everglades Construction Project STAs and
WMAs at the south end of the EAA was valued at a little more than 40% of the
value per acre of the land next to the lake. Apparently, this is related to the
relatively poor agricultural productivity of this land when compared to the land
adjacent to the lake. For the same reason, large acreages of land are available in
the southern end of the EAA. Some of the parcels in this area are also adjacent
to STAs to receive reservoir water and the canals to connect the reservoirs with
Lake Okeechobee.
5.2.2 Conclusions
Based on the above-described screening analysis, there is no compelling reason
to pursue meeting the planning objectives elsewhere within the study area.
Also, cost-effectiveness analyses performed during the Restudy demonstrated
that the EAA storage reservoirs were more cost-effective on a cost per acre-foot
of storage than most of the options described above. Table 5-1 displays the
average annual cost per acre-foot storage. Although the C-43 basin was also
demonstrated to be more cost-effective, the cost of back-pumping the stored
water “through the lake” to meet the EAA planning objectives is not captured in
this cost and would greatly increase the cost of storing water in this location.
TABLE 5-1: COST PER SQUARE-FOOT OF WATER STORED.
Option Cost* per Acre-Foot
Storage North of Lake Okeechobee $374
Storage West of Lake Okeechobee (C-43) $134
Storage East of Lake Okeechobee (C-44) $328
Aquifer Storage and Recovery (ASR) $822
Storage South of Lake Okeechobee in the EAA $181
* In 1999 dollars
In summary, initial screening determined the project as described in the
Restudy achieves the desired benefits in a cost-effective manner. Based upon
the information, it is apparent the best location for the proposed reservoirs is
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