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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 />I <br />I <br /> <br />miles of inlet ditch, and two miles of outlet ditch, and the water rights associated with <br />the reservoir. The Company owns in fee. simple a portion of the land constituting the <br />reservoir outlet facilities, owns two continuous water measurement recorders, one each <br />located at the inlet and outlet ditches, and a single-family dwelling located at the <br />reservoir and used by the headgate operator/dam tender. <br /> <br />The Company also owns various pieces of equipment used for maintenance of <br />the reservoir and ditches. They include pickups, a small tractor/backhoe, and small <br />tools. <br /> <br />The book value of the Company was $346,667 in 1999, but the total worth of <br />the Company's assets is estimated at more than $20,000,000. <br /> <br />6 <br />