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<br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Institutional~onsiderations <br /> <br />The Natural Resource Conservation Service (NRCS) is providing <br />technical assistance. <br /> <br />The HLDC has been approved by the CWCB to borrow up to $143,000 <br />from the Construction Fund. The loan from the CWCB is contingent <br />upon the successful negotiation of a contract between the CWCB <br />and HLDC. <br /> <br />The Company shareholders must agree to this financing method by <br />passage of a resolution. <br /> <br />Opinion of Feasibility <br /> <br />The selected alternative is technically and financially feasible. <br />There are no known roadblocks that would keep the HLDC from <br />successfully completing this project. <br /> <br />Feasibility Study <br />Rehabilitation of the Hawkeye Lateral Ditch <br />December 1997 <br /> <br />10 <br />