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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />II <br />I <br /> <br />Table of Contents <br /> <br />Introduction (Need for the Project)............,.. ........................................, ..................." ...........6 <br /> <br />Project Sponsor......................................".,...................,.",..............................,.."."............ 6 <br /> <br />Project Service Area and Facilities ......",.................,..............................",.".................""",6 <br /> <br />Hydrology and Water Rights.............., .................,.. .................."", ........ ......."""" ................6 <br /> <br />Project Description and Alternatives...............,.....................,..............................."",........... 9 <br /> <br />Selected Alternative,...,...""".,..................",............."""".................................................... 9 <br /> <br />Cost Estimate........,.,...,.,......................",..............."""...................,.."""""."..............""" ,9 <br /> <br />I mplementation Schedule................""......................................",.""....".""""""".............. 9 <br /> <br />Permitting."",.,............................."""............."",..,...........,.""""""...........,...""",.,..... ......10 <br /> <br />I nstitutional Considerations....,."",..............."",...............""""...........................,.""..........1 0 <br /> <br />Financial Analysis ....................,.... ,................ ..................."" ................................."" .........1 0 <br /> <br />Credit Worthiness, .................", ......................................" .........................................,.. ......11 <br /> <br />Alternative Financing Considerations ........ ,..................,. ............................................".., ..,11 <br /> <br />Collateral,..................,........................."""................,.,...................,.,."""""".".,....... ....",,11 <br /> <br />Economic Analysis..........................," "..............."" ,................"""" ,... ......""" ,., '" "...........11 <br /> <br />Social and Physical I mpacts ........"",............""",..............."""".,.....................".............. .12 <br /> <br />Conclusions."",........................"""...............,....................""".........................,."",........ . .12 <br /> <br />Opinion of Feasibility ......................, .......................................,.." ..................""" ..........,.., ,12 <br /> <br />Plumb and Dailey Ditch Company <br />Diversion Structure Feasibility Study <br />May 2000 <br /> <br />Page 2 of 12 <br />