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<br /> <br />. <br /> <br />Reservoir No.4 <br /> <br />Reservoir No.5 <br /> <br />Indian Creek <br />Reservoir <br /> <br />Reservoir No.6 <br />Outlet Ditch <br />Total <br /> <br />Table 1. NPIC Projects Summary <br /> <br />Relocate the spillway, replace outlet works, fill <br />low areas, new toe drain, reshape dam face, and <br />place rip rap. <br />Enlarge existing spillway, raise area near east <br />abutment, and purchase easements. <br />Enlarge spillway, replace outlet works, reduce <br />downstream slope of dam, new toe drains, and <br />various other items. <br />Install 1 ,300 feet of reinforced concrete pipe in <br />ditch alignment and provide underdrain. <br /> <br />$200,375 <br /> <br />$585,340 <br /> <br />$622,783 <br /> <br />$1,896,960 <br /> <br />The Corps of Engineers has been contacted regarding a 404 Dredge and Fill Permit. It is <br />understood that no permit is needed and NPIC will request letters of exemption from the <br />Corps. Easements from property owners will be required for Reservoir No.5 and for <br />Indian Creek Reservoir. <br /> <br />Work on the Reservoir No.6 outlet ditch began last year and is expected to be completed <br />early this year. Work on all of the remaining items is expected to be completed by April <br />of 2000. The implementation schedules for all four projects are summarized in Table2. <br /> <br />. <br /> <br />Table 2. NPIC Projects Implementation Schedule <br /> <br /> <br />';'iPro' ect <br />Res. No.4 <br />Res. No.5 <br />Indian Creek Res. <br />Res. No.6 Outlet Ditch <br /> <br />"...'. ".iDi.'''''0=''~. '.". .,''''''"" ''''''''::.''W: "'.,., .~r'~ti'i'''i". <br />^;'i,,;:c,-,,'~1};^:i;k~~tk eSl u~~~~~t ::W1>ir,,;.~onsLl'uc on'}.;!?-' <br />June 1999 - Dec 1999 Oct 2000-Apri12001 <br />Nov 1998 - Jan 1999 Oct 1999 <br />Jan-March 1999 Oct 2000-April 2001 <br />Jan-Jul 1998 Jan-A ril1999 <br /> <br />Financial Summary <br /> <br />Staff has reviewed the Company's audited financial statements for the fiscal years 1996 <br />to 1998 as summarized in Table 3. <br /> <br />. <br /> <br />3 <br />