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<br />. -. <br /> <br />.~ <br /> <br />" <br /> <br />. <br /> <br />. <br /> <br />page two <br />Mr. Gregg Brown <br />September 24, 1987 <br /> <br />7) Estimated costs for construction, including quantities, unit cost, total <br />cost, contingencies, estimated interest during construction, and other <br />cost elements. <br /> <br />8) Evaluation of Ish Reservoir Company's ability to repay funds borrowed <br />for the project based on production capabilities due to project <br />construction. <br /> <br />.9) Financial program for repayment of funds provided by CWCB and the <br />lending institution and by Ish Reservoir Company. Include a payout <br />schedule showing principal and interest payments on the construction <br />fund for each year in the repayment period. Identify the lending insti- <br />tution or source of funding for Ish Reservoir Company's share of the <br />project costs and describe repayment plan. <br /> <br />10) Ten copies of the feasibility report will be prepared. <br /> <br />It is estimated that the cost for preparing the feasibility report will be <br />approximately $6000, $3000 to be paid by Ish Reservoir Company and $3000 to be <br />paid by the CWCB. These costs are detailed on the attached table. The work <br />will begin immediately after we receive authorization to proceed. A final <br />report is to be submitted to the CWCB by December 1, 1987. <br /> <br />Please let us know if you have any questions regarding the proposed work. <br />We look forward to your response with respect to this project. <br /> <br />Very truly yours, <br /> <br />ROCKY MOUNTAIN CONSULTANTS, INC. <br /> <br />dt <br /> <br /> <br />C. Brand, <br />