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3. Assignment of the easement for the water storage in Knoth Reservoir to the <br />CWCB. <br />IMPLEMENTATION SCHEDULE <br />The following schedule is proposed for implementation of the project based on the two phases as <br />outlined above. <br />Task <br />1. <br />2. <br />3. <br />4. <br />5. <br />6. <br />7. <br />7. <br />8. <br />9. <br />Feasibility Study Completed <br />Submit to CWCB <br />Loan From CWCB Finalized <br />Start Design <br />Finish Design <br />Review By SEO Completed <br />Project Bid <br />Award Bid <br />Start Construction <br />Complete Construction <br />Tar eg t Completion Date <br />2/24/03 <br />3/26/03 <br />6/1/03 <br />6/15/03 <br />11/1/03 <br />5/1/04 <br />5/15/04 <br />6/1/04 <br />7/15/04 <br />11/15/04 <br />SOCIAL, ECONOMIC, AND PHYSICAL IMPACTS <br />The project will have some social impacts as the facility is expected to be utilized for recreational <br />opportunities for a land development project that is expected adjacent to the reservoir. No other <br />significant social impacts are expected. <br />The project will have a positive economic impact by assisting the SIDC to more efficiently provide <br />irrigation water to over 8,500 acres of irrigated farm land. <br />The project will have no significant physical unpacts except in the immediate vicinity of the <br />construction. These impacts will be minor in nature and will affect an area of less than 35 acres. <br />PERMITTING <br />The SIDC and the Engineer believe no Environmental Assessment (EA) or Environmental Impact <br />Statement (EIS) 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 />INSTITUTIONAL CONSIDERATIONS <br />No institutional considerations exist other than the proposed loan from the CWCB. <br />' Knoth Reservoir-Feasibility Study <br />, <br />Page 13 <br />