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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />The project will have no significant physical impacts except in the immediate vicinity of the <br />construction. These impacts will be minor in nature and will affect an area of approximately 5 acres. <br /> <br />PERMITTING <br /> <br />The Company owns the property in the area of the main dam and has an easement for the outlet ditch <br />downstream of the dam. We do not anticipate problems with right-of-way for the work on the Dam. <br />Permits may be required from the City of Loveland to allow the excavation in the right-of-way for <br />Kennedy Ave. <br /> <br />The company and the Engineer believe no Environmental Assessment (EA) or Environmental hnpact <br />Statement (ElS) will be required. The Corps of Engineers will be contacted concerning 404 <br />permitting but anticipate the work falling under the Nation Wide Permits which will not require <br />formal permitting. <br /> <br />INSTITUTIONAL CONSIDERATIONS <br /> <br />No institutional considerations exist other than the proposed loan from the CWCR <br /> <br />Rist-Benson Feasibility Study <br /> <br />Page 18 <br />