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<br />Table of Contents <br /> <br />Introduction/Background/Need for the Project................................................. Memo Page 1 <br /> <br />Project Sponsor ............................................................................................... Memo Page 1 <br /> <br />Project Service Area and Facilities .................................................................. Memo Page 1 <br /> <br />Hydrology and Water Rights............................................................................ Memo Page 2 <br /> <br />Project Description and Alternatives................................................................ Memo Page 2 <br /> <br />Selected Alternative......................................................................................... Memo Page 2 <br /> <br />Cost Estimate .................................................................................................. Memo Page 2 <br /> <br />Implementation Schedule ................................................................................ Memo Page 2 <br /> <br />Permitting............................................................................................................................. .8 <br /> <br />I nstitutional Considerations................................................................................................... 9 <br /> <br />Financial Analysis ......................................................................................... Memo Page 3-4 <br /> <br />Credit Worthiness ............................................................................................ Memo Page 3 <br /> <br />Alternative Financing Considerations .............................................................. Memo Page 3 <br /> <br />Collateral.......................................................................................................... Memo Page 4 <br /> <br />Economic Analysis.............................................................................................................. 1 0 <br /> <br />Social and Physical Impacts ...............................................................................................10 <br /> <br />Recommendations........................................................................................... Memo Page 4 <br /> <br />Opinion of Feasibility ..........................................................................................................11 <br /> <br />Lake Henry Reservoir Company <br />Lake Henry Dam <br />November 2001 <br /> <br />Page 2 of 11 <br />