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. ~ Feasibility of the Replacement of the Consolidated Extension Canal Company Siphon Project Sponsor The Consolidated Extension Canal Company (CEXT) is a Colorado Mutual Ditch Company and a Non-profit Corporation. Articles of Incorporation and Bylaws are included in Appendix A. A stockholder list is also included in Appendix B. The major stockholder, at 53% ownership, is the Public Service Company of Colorado which purchased these rights along with majority interest in the Las Animas Consolidated Canal Company to provide a water supply for a power plant which was to be located near Las Animas, Colorado. Plans for construction of the power plant are currently indefinite and Public Service Company is leasing out its shares to irrigators under the two ditch companies. These lessees are listed in the stockholder list as well. The company's facilities, built in the late 1800's and early 1900's, are located on the Arkansas River in the vicinity of Las Animas, Colorado, CEXT's water supply is provided by senior and junior water rights it owns and by its 17% ownership interest in the Las Animas Consolidated Canal Company. The Las Animas consolidated Canal diverts water from the Arkansas River approximately 7 miles upstream of Las Animas. Approximately 2 miles from the Purgatorie River a Parshall flume marks the beginning of the Consolidated Extension Canal. The Consolidated Extension Canal irrigates approximately 120 acres west of the Purgatorie River before flowing into a 1,000 foot long, 42 inch diameter siphon that runs under the Purgatorie River and floodplain. The ditch proceeds another 7 miles delivering water to approximately 2,600 acres of irrigated farmland before tailing into John Martin Reservoir. Project Service Area The service area of the CEXT includes approximately 2700 acres of farmland in Bent county. Irrigated crops consist of alfafa, pasture grass, corn, wheat and sorghum. 1