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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 />Table 1 <br />Summary of Reservoir Capacity <br />and Existing Water Rights <br />Bull Creek Reservoirs Nos. 1, 2 and 4 <br /> <br />Reservoir Existing Proposed Proposed Existing <br />Capacity, AF Increase, AF CaDacitv, AF Water Riahts, AF <br />Bull Creek No. 1 52.4 101.27 153.67 153.67 <br />Bull Creek NO.2 79.6 40.60 120.20 120.20 <br />Bull Creek NO.4 207.2 105.49 312.69 312.69 <br />Total 339.2 247.36 586.56 586.56 <br /> <br />PROJECT DESCRIPTION AND ALTERNATIVES <br /> <br />The purpose of this project is to provide a means for the Bull Creek Reservoir, Canal and Power <br />Company to continue proYiding irrigation water to shareholders while maximizing existing senior <br />water rights. Three alternatives were considered: <br /> <br />1.) No-action. <br />2.) Rehabilitate only Bull Creek Reservoir No.4 <br />3.) Enlarge Bull Creek Reservoirs Nos. 1 and 2 and rehabilitate Bull Creek Reservoir No.4 <br /> <br />SELECTED ALTERNATIVE <br /> <br />Alternative No.1, No Action, was considered unacceptable since it means the Reservoir <br />Company could not deliver sufficient water to its shareholders, and would lose senior water <br />rights. <br /> <br />Alternative No. 2 was ruled out because it likewise limits that amount of water available to <br />shareholders, and would still result in loss of senior water rights. <br /> <br />Alternative No. 3 was chosen as the preferred alternative, as it provides the best value to the <br />shareholders, preserves and enhances the Reservoir Company's resources, and allows the <br /> <br />Bull Creek Reservoir, Canal and Power Company <br />Bull Creek Reservoirs Nos. 1,2 and 4, Feasibility Study <br />May 31,2004 <br /> <br />Page 5 of 12 <br />