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<br />. <br /> <br />. <br /> <br />. <br /> <br />Table 1. NPIC Projects Summary <br /> <br /> <br /> <br /> <br />Relocate the spillway, replace outlet works, fill <br />low areas, new toe drain, reshape dam face, and <br />place rip rap. <br />Enlarge existingspillw~y;~ise':area <br />abutment,. and.purchaseyasemynts. <br />Enlarge spillway, replace outlet works, reduce <br />downstream slope of dam, new toe drains, and <br />various other items. <br />Install'1,300 . feefor reinforcedcbIlcf(;~te pip'efu ". <br />ditch alignmenfandprovideuIlderdrain... . <br /> <br />Reservoir No. 5 <br /> <br />Indian Creek <br />Reservoir <br /> <br />Reservoir No.6 <br />OutletDitcbL ., <br />Total <br /> <br />$1,896,960 <br /> <br />The Corps of Engineers has been contacted regarding a 404 Dredge and Fill Permit. It is <br />understood that no permit is needed and NPIC will request letters of exemption from the <br />Corps. Easements from property owners will be required for Reservoir No.5 and for <br />Indian Creek Reservoir. <br /> <br />. <br /> <br />Work on the Reservoir No.6 outlet ditch began last year and is expected to be completed <br />early this year. Work on all of the remaining items is expected to be completed by April <br />of2000. The implementation' schedules for all four projects are summarized in Table2. <br /> <br />Table 2. NPIC Projects Implementation Schedule <br /> <br /> <br />Res. No.4 <br />Res. No.5 <br />Indian Creek Res. <br />Res. No.6 Outlet Ditch <br /> <br />_.:....." "liodl_tion1i~%%Ml\Ti! <br />.,.""""",-"""'~-d___'__"".,,,.,,,___1"__,__-_:.,~,_ c. ~itr" <br /> <br />Oct 2000-Apri12001 <br />Oct,1999,' <br />Oct 2000 - April 2001 <br />Ian - AnL1999 <br /> <br /> <br />Financial Summary <br /> <br />Staffhas reviewed the Company's audited financial statements for the fiscal years 1996 <br />to 1998 as summarized in Table 3. <br /> <br />. <br /> <br />3 <br />