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<br />.. <br /> <br />Table of Contents <br /> <br />I ntroduction (Need for the Project)............................ ..... .......... ............ ................. ............... 6 <br /> <br />Project Sponsor.............................................................................. ..................................... 6 <br /> <br />Project Service Area and Facilities... ...................... ........... ............. ........... .... .......... ........ .... 7 <br /> <br />Hydrology and Water Rights...................................... ............ ...................................... ........ 7 <br /> <br />Project Description and Alternatives.................................................................................... 7 <br /> <br />Selected Altemative................... ..................... ..... ...... .... ........ ....... ............. .... .......... ..... .... '" 9 <br /> <br />Cost Estimate................................................................................................................. ...... 9 <br /> <br />Implementation Schedule...................................................... ................... ................... ...... 10 <br /> <br /> <br />Permitting....................................................................................... .................................... 10 <br /> <br />Institutional Considerations....................................... ........ ........................ ......... ................ 10 <br /> <br />Financial Analysis..................................................... ............................................... .......... 10 <br /> <br />Credit Worthiness..................................................................................................... ......... 11 <br /> <br />Alternative Financing Considerations..... ....... .................. ............ .......................... ............ 11 <br /> <br />Collateral......................................................................................... ............ ....................... 11 <br /> <br />Economic Analysis........................................ ........................................................... .......... 11 <br /> <br />Social and Physical Impacts .................................................................................. ............ 12 <br /> <br />Conclusions.................................................................................... ....................... ............ 12 <br /> <br />PRB Ditch Company <br />Siphon Replacement Feasibility Study <br />June 2003 <br /> <br />Page 2 ofl5 <br />