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<br />-- ~ - -,~ ~-- ..-...,. ,,- ,.-~~'"'~~ -,-~ ..",..,..-- , u,-H ,,_.....~~~_ _ _ ~~ _, ~ _ , _ <br />- I' {li).~\' ;1i:..~'~rtITil(.'; '~'ii7f.! ,"';-!~ <br /> <br />~w " . .~_~~j~.,_"",-~_....__.. ~ .~_ .-.-..0......__" ~ _ ~\ \~ _ ~ <br /> <br />Reservoir No.4 <br /> <br />Reservoir No.5 <br /> <br />Indian Creek <br />Reservoir <br /> <br />).t~eryoir No.6 <br />'OOiietDitch' <br />Total <br /> <br />Table 1. NPIC Projects Summary <br /> <br />Relocate the spillway, replace outlet works, fiU <br />low areas, new toe drain, reshape dam face, and <br />place rip rap. <br />Enlarge existmg;spilIwaYi 'f<llse area neai~east ';:'0 <br />.abutment,<and,l#rrchaseeailements. <br />Enlarge spillway, replace outlet works, reduce <br />downstream slope of dam, new toe drains, and <br />various other items. <br />InstaUl,300r;;~t'()freinforc'edconcrete pipeirt,' <br />i1itch<alignmentand provide.~derdrain; .. .: <br /> <br />$488,462 <br /> <br />$200~~75 <br />$585,340 <br /> <br />. $622,~83 . <br /> <br />$1,896,960 <br /> <br />The Corps of Engineers has been contacted regarding. a 404 Dredge and Fill Permit. It is <br />understood that no permit is needed and NPIC will request letters of exemption from the <br />Corps. Easements from property owners will be required for Reservoir No.5 and for <br />Indian Creek Reservoir. <br /> <br />Work on the Reservoir No.6 outlet ditch began last year and is expected to be completed <br />early this year. Work on all of the remaining items is expected to be completed by April <br />of2000. The impiementation schedules for aU four projects are summarized in Table2. <br /> <br />Table 2. NPIC Projects Implementation Schedule <br /> <br />$;/":;"': "lr~-'--J51,,"~---:-~l~=';;-"':t;f.'~ <br />;..;.s~._.__.",,~.:1.:,;,-.....~,i..;..;~~~ <br /> <br />'1, 'fO'ett: <br />Res. No.4 <br />Res. No.5 <br />Indian Creek.Res. <br />Res. No. 6 Outlet Ditch <br /> <br />Financial Summary <br /> <br />Iune 1999 - Dec 1999 <br />Nov1998-"Jan 1999 <br />Ian - March 1999 <br />Ian -"Yul 1998 <br /> <br />Oct 2000-Apri12001 <br />Oct 1999. .. <br />Oct 2000 '- April 2001 <br />Ian-A riI1999 , <br /> <br />Staffhas reviewed the Company's audited financial statements for the fiscal years 1996 <br />to 1998 as summarized in Table 3. <br /> <br />3 <br />