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<br />Table of Contents <br /> <br />Introduction (Need for the Project)..... .............................. ...... .......... .......... ...........................6 <br /> <br />Project Sponsor....................................................................................................................6 <br /> <br />Project Service Area and Facilities.......................................................................................6 <br /> <br />Hydrology and Water Rights................................................................................................ J6 <br /> <br />Project Description and Alternatives................................................................................... ..8 <br /> <br />Selected Alternative..............................................................................................................8 <br /> <br />Cost Estimate...................................................................................................................... .8 <br /> <br />Implementation Schedule.....................................................................................................9 <br /> <br />Permitting...................................................................................................................... ........9 <br /> <br />Institutional Considerations...................................................................................................9 <br /> <br />Financial Analysis.................................................................................................................9 <br /> <br />Credit Worthiness. ..... .................................... ............................. .......... ..............................1 0 <br /> <br />Alternative Financing Considerations ............... ............................ ......................................1 0 <br /> <br />Collateral....................................................................................................................... ......10 <br /> <br />Economic Analysis............................................................................................................. .11 <br /> <br />Social and Physical Impacts............................................................................................. ..11 <br /> <br />Conclusions..................................................................................................................... ., .11 <br /> <br />Opinion of Feasibility...... .................................. ....................... ..... ......................................11 <br /> <br />Glenwood Irrigation Company <br />Siphon Feasibility Study <br />May 2002 <br /> <br />Page 2 of 11 <br />