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<br />) <br /> <br />Task 6 - Appraisinq water riqhts <br /> <br />It is anticipated Task 3 will identifY particular water rights for acquisition by <br />LAWMA and inclusion into LAWMA's future replacement plans. . LAWMA will have these <br />water rights appraised by an independent appraiser to establish their "fair market value". <br />We are hopeful that the appraisals, along with the data and information presently available <br />to LAWMA, will be sufficient to insure that LAWMA will obtain full value in future water <br />right acquisitions. <br /> <br />Task 7 - Recommendinq specific provisions for the replacement plan. <br /> <br />The objective of this task will be to develop an overall plan for LA WMA to satisfy <br />the more stringent replacement requirements that are expected for the future. The plan <br />will involve the consideration of a) the various strategies to provide the required levels of <br />replacement, b) the various sources of available replacement water, and c) how the <br />strategies and replacement sources might be integrated into an economic and prudent <br />program. <br /> <br />Task 8 - Preparinq a report. <br /> <br />A report will be prepared that will a) summarize the data that have been compiled, <br />b) describe the. analyses that have been completed, and c) discuss the results and principal <br />conclusions and recommendations. Reports or appropriate excerpts from the reports by the <br />independent economist in Task 3 and the independent appraiser in Task 6 will be included <br />as report appendices. <br /> <br />ESTIMATED COSTS <br />The distribution of costs by type of service is shown below. There is some <br />flexibility such that the costs may be redistributed slightly to cover the over/under costs by <br />" - LAWMA's technical advisors. <br /> <br />Engineering services........ ....... ............... .................... <br />Economic services. '" ... ....... ....... ... ............ ..... .... <br />Appraisal costs......................................................... <br /> <br />Expenses................................................................ . <br />Total.............................................,.................. <br /> <br />$40,000 <br />$10,000 <br />$10,000 <br />$ 5,000 <br />$65,000 <br /> <br />Page 4 <br />