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Emergency Loan Application and Feasibility Study Oligarchy Irrigation Company <br />The following are attached: <br />Two years of financial statements <br />Shareholder list showing owner name, # of shares owned, and identifying each owner as <br />agricultural or municipal <br />*-----Articles of IncarporationBy -laws .._ ._.._ - - - -- .__.._ <br />Schedule <br />Construction of the Project is expected to commence December 2013. Project completion is <br />estimated to occur by May 2014. <br />Economic, Social, and Environmental Effects <br />Failure to reconstruct the Oligarchy Ditch diversion structure would result in adverse economic <br />impact to those who irrigate under the ditch. Also, it would adversely impact recreation at <br />McIntosh Reservoir and at Union Reservoir due to the inability to fill those reservoirs. It would <br />also adversely impact the ability to irrigate municipal parks, critical sports fields and schools. <br />Additionally, recreation along the ditch corridor would adversely be impacted through the City <br />of Longmont. Finally, it would adversely impact City of Longmont's water rights portfolio <br />because Union Reservoir is an integral component of City of Longmont's overall treated water <br />supply. <br />Permits <br />Oligarchy irrigation Company is currently in the permitting process with the US Army Corps of <br />Engineers. A grading permit with Boulder County may be required. <br />