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<br />f' <br /> <br />Nation Engineering Services, LLC <br />Brent M. Nation <br />Registered Professional Engineer <br />State of Colorado <br />P.O. Box 314 <br />Fort Morgan, CO 80701 <br /> <br />June 1, 2004 <br /> <br />Smart Bros. Inc. <br />Carson Smart <br />3254 County Road 31 <br />Atwood, CO 80722 <br /> <br />Re: Feasibility Study <br /> <br />Dear Mr. Smart: <br /> <br />I have reviewed the augmentation project and have estimated the cost to provide a <br />Feasibility Study for the project in accordance with the Colorado Water Conservation <br />Board Guidelines. I propose to conduct all the work associated with the feasibility study <br />for the total cost of $1,200. <br /> <br />The work proposed is intended to provide the information required to submit an <br />application for a loan to the Colorado Water Conservation Board. The CWCB will usually <br />provide a grant to pay for 1/2 of the cost of the study, with a maximum grant amount of <br />$5,000. <br /> <br />Sincerely, <br /> <br />~/J!~ <br /> <br />Brent M. Nation, P.E. <br />