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<br />The Consolidated Mutual Water Company <br />Fortune Reservoir <br />Estimated Project Cost <br />December 31, 1998 <br />Loan Application - Item'9 Page 4 <br /> <br />************************************************************* <br /> <br />The estimated cost of this project is as follows: <br /> <br />Estimated Land Cost <br /> <br />$ 3,285,000 <br /> <br />Estimated Water Rights Decree Costs <br />by Consolidated <br /> <br />10,000 <br /> <br />Estimated Project Management Costs <br />by Consolidated <br /> <br />100,000 <br />300,000 <br />3,000,000 <br /> <br />Estimated <br />('Estimated <br />/ Estimated <br />Estimated <br /> <br />~d ,; ;;> <br /> <br />Engineering Costs <br /> <br />Pipeline Cost <br />Construction Costs ~ <br />Total Costs <br /> <br />14,900,000 <br />$21,595,000 <br /> <br />/ht<;J#t4ur--- <br />