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Table of Contents <br />Introduction (Need forthe Project) .........................................................................................6 <br />Project Sponsor ......................................................................................................................6 <br />Project Service Area and Facilities ........................................................................................6 <br />Hydrology and Water Rights ..................................................................................................8 <br />Project Description and Altematives .................:....................................................................8 <br />The Selected Alternative ........................................................................................................9 <br />Implementation Schedule ....................................................................................................10 <br />Permitting .............................................................................................................................10 <br />institutional Considerations ..................................................................................................10 <br />Financial Analysis ................................................................................................................11 <br />Credit Worthiness .................................................................................................................11 <br />Altemative Financing Considerations ..................................................................................12 <br />Colfateral ..............................................................................................................................12 <br />Economic Analysis ...............................................................................................................12 <br />Social and Physical Impacts ................................................................................................12 <br />Conclusions ..........................................................................................................................13 <br />List of Figures <br />Figure 1: Project Service Area ..............................................................................................7 <br />List of Tables <br />Table 1: Cost Estimate ........................................................................................................10 <br />Table 2: Financial Summary ...............................................................................................11 <br />Table 3: Financial Ratios .....................................................................................................12 <br />North Sterling Irrigation District Page 2 of 13 <br />Dam Crest and Spillway Improvement Feasibility Study <br />March 1, 2009 <br />