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Emergency Loan Application and Feasibility Study GREEN DITCH COMPANY Project Description The Green Ditch Company has retained ERO Resources and Olsson Associates to plan and design a practical and environmentally sensitive restoration of the water rights to the Green Ditch. Because of the extreme nature of the breach and the length of creek bed affect, several potential designs are being evaluated. Alternative 1– Do Nothing: This alternative is considered unacceptable. Failure to re -align the stream or create a new diversion structure would eliminate the shareholders ability to have access to their water rights, leading to the abandonment of the water rights and the ditch. Alternative 2 – Rebuildin g Collaboratively with Improvements:. On October 23,d, the Stream Task Force visited this site and suggested numerous options. This site is complex considering that the stream channel moved to a location that is considered to be more amenable for the natural environment by some stakeholders. While the Green Ditch Company is amenable to long -term solutions that provide environmental/stream- friendly approaches, the Company is most interested in assuring that the ditch is able to divert its decreed amount of water during the 2014 irrigation season. Selected Alternative 3 – Boulder Creek/Green Ditch Channel Repair: The proposed alternative would allow for some stream flows to continue in the new channel created as a result of the September 2013 flood. A new point of diversion would be established upstream of the breach. The new diversion structure is necessary to divert low flows, up to the decreed amounts owned by the Green Ditch, to a new piping system. This pipe would carry the water to the former hcadgate of the Green Ditch. This alternative is the more complex alternative but is rebuilding the diversionlstream system with environmental consideration. This alternative includes "environmental improvements" that are above and beyond what is necessary for the Ditch Company to ensure water deliveries for the 2014 irrigation season. It is estimated that approximately $325,000 of the total estimated cost of $525,000 is associated with the "environmental improvements." Due to this, the Ditch Company requests that this loan request receive consideration at a future CWCB meeting for a grant in the amount of $325,000 as a "CWCB loan grant/package." The Ditch Company understands that the Board intends to have this discussion at its upcoming November 2013 meeting. (See attached diagram.) Alternative 4—Re-establishing the Boulder Creek channel to former location While not the preferred alternative, the Green Ditch Company could re- establish the Boulder Creek channel to its pre -flood location which would ensure the ability to divert its decreed