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Conclusions and Recommendations <br />The following conclusions have been formulated as a part of preparing this feasibility <br />study: <br />1) The Riverside Ditch & Allen Extension Company is an incorporated entity in <br />the State of Colorado with the ability to enter into a contract with CWCB for <br />the purpose of obtaining a Construction Fund loan. <br />2) <br />3) <br />4) <br />5) <br />6) <br />Existing rights-of-way and easements are adequate for the construction of <br />this project. <br />The project will provide for the continued delivery of irrigation water to <br />shareholders. <br />This project will result in the ability of the Company to divert their full decree. <br />The total estimated cost of the project is $204,000 and this will be financed <br />(90%) by an anticipated loan from the CWCB. <br />The project is technically and financially feasible. <br />Aqua Engineering, Inc. Riverside Ditch & Allen Extension Co., Feasibility Study <br />October 2009 - 10 - <br />