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Water Supply Reserve Account -Grant Application Form <br />Form Revised May 2007 <br />Part B. -Description of the Water Activity -Please Refer to Criteria and Guidance Document for Eligibly <br />Requirements <br />MVIC Summit Irrigation Company Feasibility Study <br />What is the purpose of this grant application`? <br />X Environmental compliance and feasibility study <br />:............................... <br />x Technical Assistance regarding permitting, feasibility studies, and environmental compliance <br />x Studies or analysis of structural, nonstructural, consumptive, nonconsumptive water needs, projects <br />Study or Analysis of: <br />............................. <br />Structural project or activity <br />Nonstructural project or activity <br />Consumptive project or activity <br />Nonconsumptive project or activity <br />:.............................: <br />X ? Structural and/ or nonstructural water project or activity <br />2. Describe how the water activity meets these Threshold Criteria. <br />1. The water activity meets the eligibility requirements outlined in Part 2 of the Criteria and <br />Guidelines. <br />The proposed activity consists of a Feasibility Study to evaluate the potential for the Montezuma <br />Valley Irrigation Company to acquire the assets of the Summit Irrigation Company and merge <br />their service area and infrastructure into their current operations. The study will consider <br />enviNOnmental, institutional and operations issues, liabilities and wateN rights issues. This data will <br />be used to determine if the joining of the districts would be beneficial to the shareholders and <br />associated stakeholders in the area. <br />3