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HomeMy WebLinkAbout20080513Application.pdfJENSEN POULSEN & COMP~ PLLC CERTIFIED PUBUC ACCOUNTAN P.O. BOX 50700 185 S. CAITAL IDAHO FALLS, IDAHO 83405.(700 P.O. BOX 554 477 PLET COUN LAE RIGBY, IDAHO 83442 ERNEST M JENSEN, M.B.A, CP.A ROBERT B. POULSEN, CP.A SHERI L POULSEN, CP.A TELEPHONE: (208) 522-2295 (208) 745.6601 FAX (208) 522.2297 (208) 745.8077 May 9,2008 Roc.-w -08 -of Co-lP- ::=la ::'"rñ~. ~(/ê,'('"" w !2('::i;.3:t" we"(/ ~ :.rnom--c:mo Commission Secretary Idaho Public Utilties Commission PO Box 83720 Boise, 10 83720-0074 RE: Application for a Certificate of Public Convenience and Necessity for Rocky Mountain Utilty Company, Inc. ¡;:i co.. Commission Secretary: o(j We desire to make application to the Idaho Public Utilities Commission for authority to operate as a public utility in the state of Idaho. We are submitting an Application for a Certificate of Public Convenience and Necessity. The water system owned and currently operated by the Rocky Mountain Utilty Company, Inc. is in the Pepperwood Crossing subdivision located 4.5 miles from Rigby, Idaho city center and has the capacity to service 255 users. The applicant owns three other subdivisions which wil incorporate a central water system and is including these subdivisions in the application. A Certificate Application form is enclosed together with the required supplemental information. We are requesting the Commission to issue a Certificate of Public Convenience and Necessity authorizing Rocky Mountain Utilty Company, Inc. to operate as a public utilty in the state of Idaho and to serve the geographical area requested. We are requesting a final monthly rate of $42.00 per customer, to be charged beginning July 1, 2008 We are also requesting an interim water rate of $28.50 to be charged per customer which waiting for the final rate determination. We are providing 8 copies of the application as well as 8 copies of the interim rate calculation documentation. A disk with Excel spreadsheets should provide you with all of the necessary calculations. Please direct your questions to me, Sheri Poulsen, CPA, at Jensen Poulsen & Company, PLLC, PO Box 50700, Idaho Falls, Idaho. I can also be reached at 208-522-1330 or 208-745-6601. I have created and compiled a major portion of the information and wil be interfacing with my client during this process. Sheri Poulsen, CPA Jensen Poulsen & Company, PLLC f .'I , . APPLICATION TO THE IDAHO PUBLIC UTILITIES COMMSSION FOR A CERTICATEOF PUBLIC CONVNIENCE AN NECESSIT TO OPERATE A WATER UTILITY IN THE STATE OF IDAIO RDC:(.- 02--ò( z.Name of primary contact person' JIM BER Title S'P_dC' ,_"'i;;"f1':\'(1-""C (ih. "0.' $"õz "'N 1.Name of water company ROC HOlJAINUTILITYCOAN, INC. 3. 4. Telephone nunìber(s) 208-745;.070 Mailing address 3894 EAT 200 NORTHCity RIGBY State ID Street address . SAMCity Stàte ,Ema Zip 83442 Zip 5. Type of business organiZation S";CORPORATION (Corporation) (LLC) (partership) (proprietorship) 6. In what state is the company organed? IDAHO 7. Is the company registered with the Idaho. Secretary of State and authoried to do business in Idaho? YES 8. Attach copies of applicable by-laws, artcles of incorporation and/or other organizational' documents on. fie with the Idaho Secretary of State. 0 ~". 9. . Are there any affated èompanies with which the water system shares offce space, employees, expenses or provides servces to the water system? YeslNo.' If yes, attch a detaied description of the relationship. 0 ~ 10. Attach a legal description for the certficated area to be served and a map üavailable. O~ 11.' Attach a system map of the area showig the location of wells, reservoirs, water lines, booster pumps, valves, etc. Show location and. names of al public utities, corporations, or persons with which the utity wi liely compete. 12.Attach the most recent DEQ Sanitar Survey (ü applicable).o~ 13. Certed operator wil be JEFF IRE 14. Is the system approved by the Idaho Deparent of Environmental Quality (DEQ) or local health district? YeslNò . . IS~ Attach information showing the water rights owned by the water utity. D~ 16. Attach the anticipated schedule of construction includig proposed. date to begin providing servce. 0 ~ i .. .- i 7. Attach the estimated cost for utiity construction and statement of anticipated annual maintenance costs. 18.Attach a statement of the mannerin which the applicant proposes to fmance new.utility constrction.D~ .19. Number of customers currently connected to system. Residential Commercial 20. Number .of customers ultiately to be served by.the system.Residential . Commercial 21. Attch monthly consumption data for the customers currently connectedto the water system. 0 ~ 22. Attach a.description ofpropösed rates.and charges. O'~. Note: Separate rates between reidential customer rates and commercial customer rates. Typically water rates are either a Oat monthly charge regardleSs of the amount of water consumed or a metered rate with a basic charge that includes a block of water (OOOs of gallons orOOsof cubic feet) plus a commodity charge for consumption in excess of the initial block included in the basic charge. 23. Attch a set of detailed financial statements (income and balance sheet) for the most recent three years for the water system (one or two. if new company) or a detailed budget for a new sys.em with no fiancial history. D~ 24.Attch a list of current customers and maing addresses.o~ 25. You are required to inform your customers (ü any) of the Application. The notice should briefl describe the servce area and proposed rat~. It should include the Commission's phone number (i08) 334-0300 and mailing address: Commission Secretary, Idaho Public Utities Commsion, PO Box 83720, Boise, Idaho 83720-074. Have the existig customers been notied? YeslNo if yes, attach a copy of the Notice. Uno, attach an explanation. 25. o~ n ot.fVM~ O~ nGr WyydO~LV~c) O~ ~ól-~;l5Ò O~ nu)-~dlltfd .' I:uniter helplmall Wate eoinpaDY_ l'Dg aD Applictin 2 Required supplemental information Rocky Mountain Utility Company, Inc. Listed by item number 8. Aricles of incorporation and bylaws atthed 9. Rocky Mountain Utilty Company, Inc. shares offce space with Silver Creek Constrction Company, Inc. and Landmark Development Company, LLC. Rocky Mountan Utilty Company, Inc. and Silver Creek Constrction Company, Inc are both solely owned by Jim and Melissa Bernard. The Bernard's also own 49% of Landmark Development Company, LLC. 10. Subdivisions included in the water company and respective legal descriptions: a. Pepperwood Crossing legal description: Division No 1 & 2, located in the SE v. of Section 36, T4N, R38 E.B.M b. Autu Heights legal description: Located in the SE v. of Section 34, T4N, R38 E.B.M c. Mil Creek Estate: Division No 1, located in the NE v. of Section 33, T4N, R39E.B.M d. Monarch Springs Subdivision: Division No.1, located in the NW v. of Section 28, T4N, R39 E.B.M. 11. System maps are attached 12. DEQ sanita surey attched 13. Certified operator will be Jeff Ireland 14. The system IS approved by the Idaho Deparent of Environmenta Quality 15. Certificate of water rights attched to maps of each subdivision 16. Pepperwood Crossing Division NO.1 water system is complete and providing service 17. Costs for constrction of water systems at Autu Heights, Mil Creek Estates, and Monarch Springs are estimated at $440,000. 18. The constrction costs of these water systems listed in item #17 will be self financed. 19. There are 38 residential customers curently connected to the system and using water. 20. Ultimate system capacity by subdivision a. Pepperwood residential-247 b. Pepperwood commercial-8 c. Autum Heights residential-90 d. Mil Creek Estates residential-90 e. Monarch Springs residential-23 21. No consumption data available. System is not metered 22. See enclosed disk 23. See enclosed disk 24. See attched customer list 25. See attched customer notice 26. See attched customer notices ... -200 .ARTICLES OF INCORPORATION (General Business) (Instructions on back of application) The undersigned, in order to form a Corporation under the provisions of Title 30, Chapter 1, Idaho Code, submits the following articles of incorporation to the Secretary of State. Article 1: The name of the corporation shall be: Rocky Mountain Utility Company, Inc. flLr- ~.~r Cl"ì' 1\ i'. ,,0 :'. i' __A'" 4V~ ... Q. ~,¡"" l.' .. ':1 ._ \ l I~ -~ Article 2: The number of shares the corporation is authorized to iSSUf. '00 at no par value Article 3: The street address of the registered office is 3894 E. 200 N. Rigby, 10 83442 and the registered agent at such address is: Jim Bernard Article 4: The name ofthe incorporator is: Jim or Melissa Bernard and address ofthe incorporator is: 246 N. Yellowstone Highway, Rigby, 10 83442 Article 5: The mailing address of the corporation shall be: 3894 E. 200 N. Rigby, 10 83442 Optional Articles: Customer Acc #: (if using pre-paid accunt) Signature of at least one incorporator: d Ii i j ~, g b J! 1 j a: J !è: Melissa Bernard -.-' "'i~!., :: (\ ~.~. Secretary of State use only IDAHO SECRETARY OF STATE10/11/2005 05:00 CK: 188(jl CT: 1413&5 8M: (j1fi7&1 l 188.M = 188.88 COP II 2 C/~2i~¡ '" ARTICLES OF INCORPORATION OF ROCKY MOUNTAIN UTILITY COMPAN, INC. The undersigned, acting as incorporators of a Corporation under the Idaho Business Corporation Act, adopts the following Aricles of Incorporation for such Corporation: Article I - N arne The name of the Corporation is Rocky Mountain Utility Company, Inc. Article II - Period of Duration The period of duration of the Corporation is perpetual Article IIi - Re2istereå Oiñce and Á2ent The location of the Corporation is in the City of Rigby, County of Jefferson, and in the State of Idaho. The address of the initial registered office is 3894 E. 200 N. Rigby, il 83442 and the name of the initial registered agent at this address is Jim Bernard. Article iv - Purpose The purposes for which the Corporation is organized and wil be operated are as follows: A. The transaction of any and all lawful business for which Corporations may be incorporated under the Idaho Corporation Act. B. The exercise of all the powers and privileges and the performance of all the duties and obligations of the Corporation. Aricle V - Shares The aggregate number of shares for which the Corporation shall have authority to issue is 100 at no par value. Page 1 of 2 ~ / -I Article VI - Provisions Provisions denying pre-emptive rights are: None. Provisions for the regulation of the internal affairs of the Corporation shall be vested in the Board of Directors. Article VII - Board of Directors The names and addresses of each Incorporator are delineated below and the number of Directors constituting the initial Board of Directors of the Corporation is two (2) and the names and addresses ofthe personwho are to serve as Director(s) until the First Anual Meeting of Shareholders or until their successors are elected and qualified are: Jim Bernard 246 N. Yellowstone Highway, Rigby, il 83442 Melissa Bernard 246 N. Yellowstone Highway, Rigby, il 83442 Signed Jim Bernard Signed Melissa Bernard Article VIII - Votini= Rii=hts The Corporation shall have voting rights and decisions wil be decided by simple majority by the Board of Directors. Page 2 of 2 BY-LAWS Of Rocky Mountain Utility, Co., Inc. INCORPORATED UNDER THE LAWS OF THE STATE OF IDAHO BY-LAWS OF Rocky Mountain Utilty, Co., Inc. ARTICLE I OFFICES 1. REGISTERED OR STATUTORY OFFICE AND AGENT The registered or statutory office of the corporation shall be maintained at 3894 East 200 North, Rigby, in the State of incorporation. The registered or statutory agent at said offce is Jim Bernard. 2. PRICIPLE OFFICE The principle office of the corporation shall be at 3894 East 200 North, Rigby, Idaho 83442 The Board of Directors shall have the power to change the location of the principal office at its sole discretion. The corporation may also maintan other offices or places of business, in or outside the State of incorporation, as the Board of Directors deems necessar to the conduct of the corporation's business, so long as the corporation shall comply with the laws of said locations. ARTICLE II SHAREHOLDERS 1. ANNUAL SHARHOLDERS MEETING The anual shareholders meeting shall be help at the principal offce of the corporation or at any other location specified in the notice of the meeting. Ths anual meeting of shareholders for the election of the Board of Directors and for the transaction of all other business which may come before the meeting shall be held on the first Friday in December in each and every year at the time designated in the notice of said meeting. If the specified day shall be a legal holiday, the meeting shall be held on the next business day. The anual meeting of shareholders may be held for any other purose in addition to the election of the Board of Directors and such other business shall be included in the notice of said meeting. The anua meeting may be changed by resolution of the Board of Directors. 2. SPECIAL MEETINGS A special meeting of the shareholders may be called by the Board of Directors or by the President of the corporation for any purose permitted under the laws of the State of Incorporation. The purose or puroses of such meetings shall be spelled out in the notice of said meeting. 3. NOTICE OF SHARHOLDER MEETINGS Notice in wrtten or printed form shall be mailed or delivered in person to each shareholder of record. The notice shall state place, date, day, and time the meeting is to be held. The purose(s) shall be stated in said notice. Notices shall be delivered not less than ten (10) days nor more than fift (50) days before the date of the meeting. Such notices, when mailed, shall be considered delivered when deposited prepaid, first class in the United States mail addressed to the shareholder at the address listed in the share transfer records of the corporation. 4. VOTING OF SHARS The offcer or agent in charge of the share transfer records shall prepare a complete list of shareholders entitled to vote at a meeting. Said list shall be in alphabetical order and shall include the address and number of shares held. This list shall be available for examnation by any shareholder in the corporation for a period of ten (10) days prior to any meeting and during the day of the meeting. Said list shall be on fie at the principal office of the corporation prior to the meeting and shall be at the location of the meeting on the day it is held. Every shareholder who is entitled to vote shall have one vote for each share he or she owns on each matter submitted to a vote, except to the extent that voting right of any class(s) are limited or denied by the Aricles of Incorporation or by law. Said shares may be voted in person, by proxy executed in wrting by the shareholder or by his duly appointed attorney-in-fact. No proxy shall be valid for more than one (1) year from its date uness otherwise provided for in the proxy. Shareholders shall be entitled to vote so long as they were the shareholders of record prior to the closing of the transfer books and the setting of a record date. The Board of Directors shall set the record date which shall be at least ten (10) days but not more that fift (50) days prior to any duly authorized meeting of the shareholders. If no action is taen by the Board of Directors, the transfer books shall be closed and the record date shall be fifteen (15) days prior to the date of said meeting.' Unless otherwse stipulated in the Aricles of Incorporation, the holders of a majority of the shares entitled to vote represented in person or by proxy, shall constitute a quoru at a meeting of shareholders. ARTICLE III DIRECTORS I. BOARD OF DIRECTORS The business, the affairs and the assets of the corporation shall be managed by a Board of Directors. The number of directors shall be two (2) but the number may be increased or decreased from time to time by amendment to the By-Laws of this corporation. The shareholders shall elect the directors at each anual meeting to hold office until the next anua meeting. 2. VACANCIES ON THE BOAR OF DIRECTORS Vacancies on the Board of Directors may be filled by the majority vote of the remaining directors, although less than a quoru. A director elected in this maner shall be elected to fill only the unexpired term of his predecessor. Any vacancy to be filled by reason of an increase in the number of directors shall be filled by election at the anual meeting of the shareholders or at a special meeting called for that specific purose. 3. QUORUM A majority of the Board of Directors shall constitute a quoru. The act of said majority shall be the act of the Board of Directors. 4. ANUAL MEETING OF DIRECTORS The anual meeting of the Board of Directors shall be held within thirty (30) days afer the anual meeting of the shareholders. The purose of this meeting shall be the election of officers and the conduct of any other such business which may come before the meeting. 5. REGULAR MEETING OF DIRECTORS The Board of Directors may hold regular meetings as determned from time to time by resolution of said Board. 6. SPECIAL MEETINGS OF DIRECTORS The president or any two (2) Directors may call a special meeting of the Board of Directors. Notice of such meeting may be given, with no less than one (1) days notice, orally, by telephone, or in writing. Notice shall specify the date, time, and place of the meeting. 7. BOARD ACTION WITHOUT A FORML MEETING The Board of Directors may act without a formal meeting so long as each member of the Board shall consent to such action, in writing, before any action is taen. This unanmous consent(s) shall be entered in the Minutes of the corporation. 8. NOTICE OF DIRECTORS MEETINGS All meetings of the Board of Directors, except for special meetings, shall be help upon at least five (5) days wrtten notice stating the date, time, and place of the meeting. Notices may be delivered in person or by maiL. In any case where all of the Directors execute a waiver of notice, no such written notice shall be required. 9. COMPENSATION Directors shall not be given a stated salary but the Board of Directors may, by resolution, pay to the directors a fixed sum and/or expenses of attendance. ARTICLE IV WAIERS OF NOTICE Any requirement for notice in the By-Laws, Aricles of Incorporation or in the laws of the State of incorporation may be waived, in wrting, by any persons entitled to such notice. The waiver of notice may be executed before, during or afer the meeting or event. Any shareholder or director, in attendance at the meeting or event, who does not formally protest failure to receive proper notice prior to the conclusion of the meeting or event, shall have waived such notice conclusively. ARTICLE V OFFICERS 1. OFFICERS ELECTION The Board of Directors, at the anual meeting held followig the anua shareholders meeting, shall elect the officers of the corporation. The board shall elect president, one or more vice-presidents, a secreta and a treasurer. Any number of offices may be held by the same person (except that president and secreta shall be two different people). The board may elect any other officers it deems necessar. All officers are elected to serve until the next anual meeting of the Board of Directors (or until their successors are elected) except that any officer may be removed, with or without cause, by majority vote of the entire Board of Directors whenever the board decides such action is in the best interest of the corporation. Election or appointment to an office of the corporation shall not, in itself, create contract rights. 2. VACANCIES The Board of Directors may fill any offce which becomes vacant for any reason. 3. DUTIES OF OFFICERS PRESIDENT: The president shall be the chief of executive offcer of the corporation. The president shall preside at all meetings of shareholders and directors; shall car out all orders and resolutions of the Board of Directors; shall have the general charge and responsibilty for the conduct of the corporation's business usualy vested in the offce of president of a corporation, subject to the authority of the Board of Directors; shall direct and supervise all other officers of the corporation; may enter into and execute contracts or other instrents in the normal course of business; shall be an ex-officio member of all stading committees; shall prepare and present an anual report to the Board of Directors at their meeting prior to the anual meeting of shareholders and also to the shareholders at their annual meeting. VICE-PRESIDENT(S): The vice-president shall perform the duties and exercise the powers of the president in the absence or disabilty of the president and shall perform any other duties as prescribed by the Board of Directors. Where there is more than one (1) vice-president, the order of seniority shall be designated by the Board of Directors. SECRETARY: The secreta shall attend all meetings of the shaeholders, the Board of Directors, and shall record, or cause to be recorded, the minutes, or proceedings, of said meetings. The minutes shall be kept as par of the permanent records of the corporation. It shall be the duty of the secreta to give, or cause to be given, all notices of meetings of shareholders or directors as prescribed by these By-Laws. The secretar shall be the custodian of thecorporate seaL. The secretar shall perform such other duties as may be set forth by the Board of Directors. TREASURER: The treasurer shall have custody of the fuds and securities of the corporation and shall keep complete and accurate records and books which shall document the receipts and disbursements of the corporate fuds. All fuds shall be kept in such depositories as prescribed by the Board of Directors. The treasurer shall render to the president and/or the Board of Directors, whenever they shall require it, a complete accounting of all activities as treasurer and documents showing the financial condition of the corporation. The treasurer shall maintain the account of shares of stock in the corporation registered and/or transferred. If required by the Board of Directors, the treasurer shall give the corporation a bond satisfactory to the board. DELEGATION OF DUTIES: In the absence or in the abilty to perform of any offcer of the corporation, or for any other reason, the Board of Directors, by majority vote, may delegate the powers and duties of said officer to any other offcer or director form time to time. ARTICLE VI CERTIFICATES OF STOCK 1. ISSUANCE OF CERTIFICATES Stock certificates shall be issued to each shareholder. Certificates shall be numbered in sequence, shall be signed by the president and the secreta of the corporation, shall have the corporate seal affxed thereto and shall exhibit the shareholder's name and the number of shares held. Each certificate shall be entered as issued in the transfer books of the corporation. 2. TRASFERS OF CERTIFICATES Any and all transfers of stock shall be made by the holder of said shaes or their lawfly appointed representative. The treasurer of the corporation shall record such transactions in the corporate transfer books and shall confirm that certificates are properly endorsed and canceled and a new certificate is issued, when required. 3. SHAREHOLDERS OF RECORD The corporation shall be entitled to treat the shareholder of record of any share(s) of stock as the holder in fact and, therefore, shall not be bound to recognze any equitable or other claim to or interest in said shares on the par of any other person, except as expressly provided for by the laws of the State of incorporation. 4. LOST CERTIFICATES The corporation may issue a new certificate of stock to replace a certificate which has been lost, destroyed, or stolen. The shareholder must notify the Board of Directors in the form of a written affidavit. The board shall authorize, at its discretion, the issuace of a replacement certificate(s). The board, at its discretion, may require a bond or other indemnity with surety in a form satisfactory to the board. 5. CLOSING OF THE TRASFER BOOKS See Aricle II, paragraph 4. ARTICLE VII DIVIDENDS A dividend(s) may be declared by the Board of Directors at any reguar or specialmeeting. Dividends so authorized may be paid by the corporation in cash, property or in shares of the capita stock of the corporation. The Board of Directors may, at their discretion, set aside in a reserve any portion of thefuds available for payment of dividends. Said reserve may be for any purose the Board of Directors deems to be in the best interest of the corporation. Any reserve fud so created may be changed or abolished by the board, at their discretion. ARTICLE VIII MISCELLANEOUS 1. AMENDMENTS These By-Laws may be amended, added to and/or changed, in whole or in par, by majority vote of the holders of the outstanding shares of the corporation, duly registered and entitled to vote. The power to amend these By-Laws may be delegated to the Board of Directors by the shareholders. This same procedure shall apply to amendment of the Aricles of Incorporation, so long as the changes do no conflict with the laws of the State of incorporation. 2. FISCAL YEAR The fiscal year of the corporation shall begin on the first day of Januar at 12:00 a.m. in each year. 3. CORPORATE SEAL The corporation seal shall be round and shall have the name of the corporation and the year of incorporation as well as the seal of the State or the words CORPORATE SEAL and the name of the State. The seal may be modified by the Board of Directors at any time. 4. BOOKS AND RECORDS The books and records of the corporation shal be kept at any place as may be designated by the Board of Directors, so long as there shall be no confict with the laws of the State of incorporation. 5. INFORMAL ACTION Any action which would normally be taken at a meeting of the shareholders, directors or executive committee may be taken without a meeting provided there is consent in wrting which details the action to be taen and said consent is signed by all of the shareholders, directors or executive committee members. Such consent shall have the ful force and effect of a unanimous vote held at the meeting of said body. ARTICLE IX PREREQUISITE TO TRASFER OF STOCK- PRIOR OFFER TO OFFICERS AND DIRECTORS No stock of this corporation shall be issued or transferred to any person who is not an officer or a director of this corporation, except with the consent of the board of directors evidence by a resolution duly passed at a regular meeting of the board, or at a special meeting called for that purose. Every shareholder who desires to sell his stock, and every shareholder for any reason shall cease to be an officer or a director, his personal representatives, legatees, or assigns, shall be require, to offer in writing to sell to the board of directors the number of shares of the capital stock held by him to such a person or persons as the board of directors shal designate by a resolution duly passed, at and for the same sum per share as is equaled by the number of shares then outstading, and any such shareholder, his personal representatives, legatees, or assigns, shall immediately, on the payment or tender to him in cash of such price per share, transfer and assign the shares of the stock held to such a person or persons so designated by the board of directors. In the event, however, that the board of directors shall refuse or neglect to designate such person or persons to pay at the next regular meeting such offcer is made, or in the event of the refual or neglect of such person or persons to payor tender to such shareholder the price per share of each and every share held, within sixty (60) days afer such designation and the completion of the inventory, then such shareholder, his personal representatives legatees, or assigns, may hold the shares of stock or sell or transfer the to any person or persons, the shares to be held absolutely free from the conditions and restrctions contained or referred to in the stock certificates. In the event that a bonafide purchaser is not available to determine fair market value, value shall be determined by "book yalue" as determined by generally accepted accounting principles. Before the holder of the certificate for any shares of the capital stock who shall have obtained it by bequest, or in the distrbution of the estate of any shareholder who may hereafer die, or by purchase at any sale made under an execution issued against any shareholder, or any legal process, or otherwse, shall be entitled to have the stock transferred from the books of ths corporation, the shares shall first be offered to and refused by such person or persons designated by the board of directors at a price computed as set forth above and subject to the same conditions. No sale whatever of any shares of the capital stock shall pass any title thereto or be transferred on the books of this corporation, unless and until all the proceeding conditions and requirements have been complied with, and no holder of any certificate of shares shall be entitled to any dividends thereon, or to paricipate in any of the profits of this corporation, until the shares are regularly transferred to him on the books of ths corporation. This provision shall alsoapply in the event of termination of the relationship between stockholders such as by divorce, anulment, etc. . ' !//C. , 940 East Lincoln Road, Idaho Falls, ID 83101866-522-4498, 208-522-4498, 208-522- 1049 fax. IdahoJalls(lenergylab.com INVOICE BILL TO: Silver Creek Construction Attn: Accounts Payable 3894 East 200 North Rigby, 10 83442 ( Invoice Date: September 28,2007 Invoice No:270940228 J Lab Number Purchase Order: Pd #1862 Account Number F10749 TERMS: NET 30 Days Interest charged after 30 days 1.5% per month. VISA/MasterCard payments acceptedProject Name: Routine WorkOrder: F07090269 F07090269_001 Sample Port Bacteria, Public Water SuPply BCT Pre-Heat Prep Client Samr''' 10 -_.==--=-=--------~--~--~,- Kemarks í't1gt: f Matrix Test Price Mult Price Total~== = Drinking Water $20.00 $0.00 $20.00 $20.00 $0.00 INVOICE Total: Amount Received: AMOUNT DUE: $20.00 $20.00 $0.00 ENERGY LABORATORIES, INC. - 940 East Linco/n Road -Idaho Fa//s. /D 83401-2147 To!'! Free 866. 522. 4498 . ~v/ce 208.5224498 ' Fax 208. 522 1049 . /daho_ fa//s(Çenergy/ab. com ' wwwenergy/ab.com ANALYTICAL SUMMARY REPORT September 28, 2007 Jeff Ireland Silver Creek Construction 3894 East 200 North Rigby, ID 83442 Workorder No.: F07090269 Project Name: Routine Eilel¡JY Lèìborawnes Inc received tiie following 1 sample from Silver Creek Construction on 9/27/2007 for analysis. Sample 10 Client Sample 10-_.__.~----_._----_._--- '-~--'--- F07090269-001 Sample Port Collect Date Receive Date Matrix Test -- --~---"--""'. ~._-~----~ ----------_..._------._--._------_._-- ------_._---_..._----._-- -~----_._~--_._-_._-_._-~-~----------,-._.- ---------~-- --._---~.- 09/27/07 10:20 09/27/07 Drinking Water Bacteria, Public Water Supply BCT Pre-Heat Prep There were no problems with the analyses and all data for associated OC met EPA or laboratory specifications except if noted in report comments or the Case Narrative. If you have any questions regarding these tests results, please calL. ./'?,/ /C~~~;:~/'iReport Approved By:¿/;;;..:/.'.;~_ r" :-'?;~' . . . . . . 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DA T E f I M E R E C E I V E D ' 1 / ? : 1 ( 0 " 1 L 7 S - : _ DA T E f I M E A N A L Y Z E . - : e ¡ . J 2 Z ( ) 7 ' i s 1 ; ; DA T E I T M E R E A D / : 1 ' 2 5 t ' O r l i 3 : : Ti m e : D. i t e : Ti m e : Re c e i v e d b y AN A L Y S T & . SU P E R V I S O F l LA B O R A T O R ' ~ N U M B E R RE M A R K S I S e n d R e s u l t s 1 0 : 1 I D A H O F A L L S RE G I O N A L OF F i C E ID 0 0 9 4 2 RocKY MOUNTAIN UTILITY COMPANY, INC.3894 East 200 North, Rigby, 10 SILVERCKOMSN.COM NOTICE OF INNT TO TEATE SEVI Cusomer Addss Label Acc# Fin Dat Balance Du $ SERVICE ADDRESS You ar herby notified th you ar deliuent in the payment of chaes for Wat Serce prvide you by Rocky Moun Uti Co., Inc..The bace of your acunt, acrdg to our re , is indica abve. In acrdce with th Rules an Reatons of the Ida Pulic Utilities commion, iftbs baance is not pad, or if payment aremts ar not made by th Fin Dat shown abve, th YOUR WATE SERVICE WIL BE DISNNCI af th Fin Da. To avoid tetion you mus cont Rocky Mounta Utility Co. Before the fi Date to mae a paymt aremen or pay in fuL. Plee ea on weekdays beeen 8:00 AM and 5:00 PM and ask for bilcollns. Terinaton may be delayed by: i. Prvidi a medca ceca adviin us of th exst of a Medca Emen. 2. Fil a compla regar th pr teinaton with th Ida Pulic Utities Commssion, PO Box 83720, Boise, ID 83720-74 ( 800-432-0369 ). Teron of sece in no way relieves you of your obligaon to pay for all sece pror totetion. Should sece be te a chae for reon of sece ( $ dur offce hour, $ other ties ) mus be pad, plus th acun baance pror to reraon of sece. Rocky Mounta Utity Co. wi ODe tie asist you by mak paent arrngements not reuig ÎIed paymeDt in fu if you CODtact us prior to the Fi Date to ar such a paymeot pla Remembe, your wa wi be tu off af the Fin Da uness you ac before the Fin Dat. Roc Mounta Utity Compay, INC RM U C o I Ra t e D e t e r m i n a t i o n w i t h R O I I I Pe p p e r w o o d C r o s s i n a S u b d i v i s i o n TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 In f l a t i o n R a t e 4% De r y e a r .. I n c l u d e a n e m e r g e n c y r e s e r v e t o co v e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 pe r l o t p e r y e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 RO I F a c t o r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4, 9 0 0 . 6 1 $ 7, 6 4 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u m 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 Eq u i t AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1, 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 , 6 9 2 . 0 0 22 , 1 6 3 . 0 4 18 , 4 6 9 . 2 0 14 , 7 7 5 . 3 6 OT H E R ( A U D I T , E N G I N E E R ) $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1, 2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2, 3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8, 7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De p r e c i a t i o n n e t o f r e f u r b i s h c o s t s $ 6, 5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ ( 2 , 1 7 9 . 6 2 $ (5 , 8 3 . 8 7 1 2 3 4 5 Ge n e r a l r e p a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2, 3 3 9 . 7 2 #o f l o t s 51 10 2 15 3 20 4 25 5 La b o r a t o r y s e r v i c e s $ 6, 0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 4 8 9 . 6 0 $ 6, 7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3,9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4,3 8 6 . 9 7 $ 4, 5 6 2 . 4 5 Pe r l o t y e a r l y 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4,5 8 9 . 4 5 $ 5, 9 6 6 . 2 8 Pe r l o t m o n t h l y 36 . 2 1 18 . 1 1 12 . 0 7 9. 0 5 7.2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % Ex p e n s e s p e r L o V y e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l y 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 Ex p e n s e s p e r L o t m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 9 10 . 6 7. 5 4 6.0 4 8% Pe r l o t y e a r l y 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l y 24 . 1 4 12 . 0 7 8.0 5 6. 0 4 4. 8 3 YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 Co s t R e c o v e r v 18 4 , 6 9 2 . 0 0 mo n t h l v pe r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 v r s 18 , 4 6 9 . 2 0 1, 5 3 9 . 1 0 6. 4 Ex p e n s e s p e r L o t l e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 v r 12 , 3 1 2 . 8 0 1, 0 2 6 . 7 4. 0 2 Ex p e n s e s p e r L o t m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 20 v r s 9, 2 3 4 . 6 0 76 9 . 5 5 3. 0 2 Br e a k e v e n m o n t h l v c h a r a e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r g e 1 0 % 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6.0 4 Eq u i t y p a y b a c k 6. 0 4 6. 0 4 6. 0 4 6. 4 6. 4 To t a l m o n t h l v c h a r a e $ 90 . 1 3 $ 58 . 7 6 $ 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 RM U C o I Ra t e D e t e r m i n a t i o n w i t h R O I I i Pe D D e r w o o d C r o s s i n a S u b d i v i s i o n TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 In f l a t i o n R a t e 4% pe r ye a r .'I n c l u d e a n e m e r g e n c y r e s e r v e t o co y e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 pe r l o t p e r y e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE R iT E M 1 2 3 4 5 # of lo t 51 10 2 15 3 20 4 25 5 RO I F a c t o r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4, 9 0 0 . 6 1 $ 7, 6 4 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u m 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 Eq u i t y AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1, 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 , 6 9 2 . 0 0 22 , 1 6 3 . 0 4 18 , 4 6 9 . 2 0 14 , 7 7 5 . 3 6 OT H E R I A U D I T . E N G I N E E R ) $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1, 2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2, 3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8,7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De p r e i a t i o n n e t o f r e f u r b i s h c o s t s $ 6, 5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ 1 2 , 1 7 9 . 6 2 ) $ 15 , 8 3 . 8 7 1 2 3 4 5 Ge n e r a l r e p a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2, 3 3 9 . 7 2 #o f l o t s 51 10 2 15 3 20 4 25 5 La b o r a t o r v s e r v i c s $ 6, 0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 8 9 . 6 0 $ 6, 7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3. 9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4, 3 8 6 . 9 7 $ 4,5 6 2 . 4 5 Pe r l o t y e a r l 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4, 5 8 9 . 4 5 $ 5, 9 6 6 . 2 8 Pe r l o t m o n t h l y 36 . 2 1 18 . 1 1 12 . 0 7 9. 0 5 7. 2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 7 5 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % Ex p e n s e s p e r L o t / y e a r $ 64 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l y 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 0 9 10 . 6 7. 5 4 6. 0 4 8% Pe r l o t y e a r l 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l y 24 . 1 4 12 . 0 7 8. 0 5 6. 4 4. 8 3 YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 Co s t R e c y e r v 18 4 , 6 9 2 . 0 0 mo n t h l Y pe r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 v r 18 , 4 6 9 . 2 0 1, 5 3 9 . 1 0 6. 0 4 Ex p e n s e s p e r L o t l e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 v r 12 , 3 1 2 . 8 0 1, 0 2 6 . 7 4.0 2 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 2 20 y r s 9, 2 3 4 . 6 0 76 9 . 5 5 3. 0 2 Br e a k e y e n m o n t h l y c h a r a e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r g e 1 0 % 30 . 1 8 15 . 0 9 10 . 6 7.5 4 6. 4 Eq u i t y p a y b a c k 6. 0 4 6. 4 6. 4 6.0 4 6. 0 4 To t a l m o n t h l Y c h a r a e $ 90 . 1 3 $ 58 . 7 6 $ 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 RM U C o I Ra t e D e t e r m i n a t i o n w i t h R O I I I Pe p p e r w o o d C r o s s l n a S u b d i v s i o n TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 In f l a t i o n R a t e 4% De r y e a r "I n c l u d e a n e m e r g e n c y r e s e r v e t o co y e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 De r l o t p e r y e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE A R IT E M 1 2 3 4 5 #o f l o t 51 10 2 15 3 20 4 25 5 RO I F a c t r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4,9 0 0 . 6 1 $ 7, 6 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u m 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 Ea u i t y AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1, 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 6 9 2 . 0 0 22 , 1 6 3 . 0 4 18 , 4 6 9 . 2 0 14 , 7 7 5 . 3 6 OT H E R ( A U D I T , E N G I N E E R ) $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1,2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2, 3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8, 7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De p r e c i a t i o n n e t o f r e f u r b i s h c o s t s $ 6, 5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ (2 , 1 7 9 . 6 2 $ (5 , 0 8 3 . 8 7 1 2 3 4 5 Ge n e r a l r e p a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2, 3 3 9 . 7 2 #o f l o t s 51 10 2 15 3 20 4 25 5 La b o r a t o r y s e r v i c e s $ 6, 0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 4 8 9 . 6 0 $ 6, 7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3, 9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4, 3 8 6 . 9 7 $ 4, 5 8 2 . 4 5 Pe r l o t y e a r l y 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4, 5 8 9 . 4 5 $ 5, 9 6 6 . 2 8 Pe r l o t m o n t h l y 36 . 2 1 18 . 1 1 12 . 0 7 9. 0 5 7. 2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % Ex p e n s e s p e r L o t / e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l y 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 8% Pe r l o t y e a r l y 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l Y 24 . 1 4 12 . 0 7 8.0 5 6. 0 4 4.8 3 YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 Co s t R e c o y e r v 18 4 , 6 9 2 . 0 0 mo n t h l y pe r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 v r 18 , 4 6 9 . 2 0 1,5 3 9 . 1 0 6. 0 4 Ex e n s e s p e r L o t l e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 v r 12 , 3 1 2 . 8 0 1,0 2 6 . 0 7 4. 0 2 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 20 y r s 9, 2 3 4 . 6 0 76 9 . 5 5 3.0 2 Br e a k e y e n m o n t h l y c h a r a e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r g e 1 0 % 30 . 1 8 15 . 0 9 10 . 6 7. 5 4 6. 4 Eq u i t y p a y b a c k 6. 0 4 6. 0 4 6. 0 4 6. 0 4 6. 0 4 To t a l m o n t h l Y c h a r a e $ 90 . 1 3 $ 58 . 7 6 $ 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 RM U C o I Ra t e D e t e r m i n a t i o n w i t h R O I I I Pe p p e r w o o d C r o s s i n g S u b d i v i s i o n TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 , In f l a t i o n R a t e 4% pe r ye a r '. I n c l u d e a n e m e r g e n c y r e s e r v e t o co v e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 I p e r l o t p e r y e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 RO I F a c t o r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4, 9 0 0 . 6 1 $ 7, 6 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u m 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 Eq u i t v AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1, 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 6 9 2 . 0 0 22 1 6 3 . 0 4 18 4 6 9 . 2 0 14 , 7 7 5 . 3 6 OT H E R 1 A U D I T , E N G I N E E R ) $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1, 2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2, 3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8, 7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De p r e c i a t i o n n e t o f r e f u r b i s h c o s t s $ 6, 5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ 1 2 , 1 7 9 . 6 2 $ 15 , 0 8 3 . 8 n 1 2 3 4 5 Ge n e r a l r e p a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2,3 3 9 . 7 2 #o f l o t s 51 10 2 15 3 20 4 25 5 La b o r a t o r v s e r v i c e s $ 6, 0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 8 9 . 6 0 $ 6, 7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3, 9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4, 3 8 6 . 9 7 $ 4, 5 6 2 . 4 5 Pe r l o t y e a r l y 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4,5 8 9 . 4 5 $ 5,9 6 6 . 2 8 Pe r l o t m o n t h l y 36 . 2 1 18 . 1 1 12 . 0 7 9. 0 5 7.2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 7 5 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % Ex p e n s e s p e r L o l l e a r $ 84 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l y 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 8% Pe r l o t y e a r l 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l v 24 . 1 4 12 . 0 7 8. 0 5 6. 0 4 4. 8 3 YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 Co s t R e c o v e r v 18 4 , 6 9 2 . 0 0 mo n t h l Y pe r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 y r s 18 , 4 6 9 . 2 0 1, 5 3 9 . 1 0 6. 0 4 Ex p e n s e s p e r L o l l è a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 v r 12 , 3 1 2 . 8 0 1, 0 2 6 . 0 7 4. 0 2 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 , 7 5 $ 30 . 7 5 $ 29 . 2 20 y r s 9,2 3 4 . 6 0 76 9 . 5 5 3. 0 2 Br e a k e v e n m o n t h l y c h a r g e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r g e 1 0 % 30 . 1 8 15 . 0 9 10 . 6 7. 5 4 6. 0 4 EQ U i t y p a y b a c k 6. 0 4 6. 4 6. 0 4 6. 0 4 6. 0 4 To t a l m o n t h l v c h a r o e $ 90 . 1 3 $ 58 . 7 8 $ 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 RM U C o I Ra t e D e t e r m i n a t i o n w i t h R O I I I Pe D o e r w o o d e r o s s l n a S u b d i v i s i o n TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 In f l a t i o n R a t e 4% De r y e a r .. I n c l u d e a n e m e r g e n c y r e s e r v e t o co y e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 De r l o t D e r v e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 RO I F a c t o r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4, 9 0 0 . 6 1 $ 7, 6 4 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u r n 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 EQ u i t y AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1, 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 , 6 9 2 . 0 0 22 1 6 3 . 0 4 18 , 4 6 9 . 2 0 14 , 7 7 5 . 3 6 OT H E R I A U D I T , E N G I N E E R l $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1, 2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2, 3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8, 7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De D r e i a t i o n n e t o f r e f u r b i s h c o s t s $ 6,5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ ( 2 , 1 7 9 . 6 2 $ 15 , 0 8 3 . 8 7 1 2 3 4 5 Ge n e r a l r e D a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2, 3 3 9 . 7 2 #o f l o t 51 10 2 15 3 20 4 25 5 La b o r a t o r v s e r v i c e s $ 6,0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 4 8 9 . 6 0 $ 6, 7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3, 9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4, 3 8 6 . 9 7 $ 4, 5 6 2 . 4 5 Pe r l o t y e a r l y 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4, 5 8 9 . 4 5 $ 5, 9 6 6 . 2 8 Pe r l o t m o n t h l y 36 . 2 1 18 . 1 1 12 . 0 7 9. 0 5 7.2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % EX D e n s e s p e r L o l / y e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l y 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 EX D e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 8% Pe r l o t y e a r l y 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l v 24 . 1 4 12 . 0 7 8. 0 5 6. 0 4 4. 8 3 YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 Co s t R e c o v e r 18 4 , 6 9 2 . 0 0 mo n t h l v De r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 7 5 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 y r s 18 , 4 6 9 . 2 0 1,5 3 9 . 1 0 6. 0 4 Ex o e n s e s D a r L o l / e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 v r 12 , 3 1 2 . 8 0 1,0 2 6 . 0 7 4. 0 2 Ex o e n s e s D a r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 2 20 y r s 9, 2 3 4 . 6 0 76 9 . 5 5 3. 0 2 Br e a k e y e n m o n t h l y c h a r o e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r a e 1 0 % 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 Ea u i t v D a y b a c k 6. 0 4 6. 0 4 6. 0 4 6.0 4 6. 0 4 To t a l m o n t h l v c h a r a e $ 90 . 1 3 $ 58 . 7 6 9; 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 RM U C o I -- Ra t e D e t e r m i n a t i o n w i t h R O I I I Pe D D e r w o o d C r o s s l n a S u b d i v i s i o n -- TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 In f l a t i o n R a t e 4% oe r v e a r "I n c l u d e a n e m e r g e n c y r e s e r v e t o co v e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 oe r l o t o e r v e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 RO I F a c t o r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4, 9 0 0 . 6 1 $ 7, 6 4 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u m 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 Ea u i t v AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1, 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 , 6 9 2 . 0 0 22 1 6 3 . 0 4 18 , 4 6 9 . 2 0 14 , 7 7 5 . 3 6 OT H E R I A U D I T , E N G I N E E R ) $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1, 2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2, 3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8, 7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De o r e c i a t i o n n e t o f r e f u r b i s h c o s t s $ 6, 5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ (2 , 1 7 9 . 6 2 ) $ 15 , 0 8 3 . 8 7 ) 1 2 3 4 5 Ge n e r a l r e o a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2, 3 3 9 . 7 2 #o f l o t s 51 10 2 15 3 20 4 25 5 La b o r a t o r v s e r v i c e s $ 6, 0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 8 9 . 6 0 $ 6, 7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3, 9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4, 3 8 6 . 9 7 $ 4, 5 6 2 . 4 5 Pe r l o t y e a r l v 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4, 5 8 9 . 4 5 $ 5, 9 6 6 . 2 8 Pe r l o t m o n t h l Y 36 . 2 1 18 . 1 1 12 . 0 7 9. 0 5 7. 2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % Ex o e n s e s D e r L o t / y e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l v 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 Ex o e n s e s D e r L o U m o n ~ $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 8% Pe r l o t y e a r t 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l V 24 . 1 4 12 . 0 7 8. 0 5 6. 0 4 4. 8 3 YE A R IT E M 1 2 3 4 5 # of Io t a 51 10 2 15 3 20 4 25 5 Co s t R e c v e r v 18 4 , 6 9 2 . 0 0 mo n t h l y lo e r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 v r 18 , 4 6 9 . 2 0 1, 5 3 9 . 1 0 6. 0 4 Ex o e n s e s o e r L o t J e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 v r 12 , 3 1 2 . 8 0 1, 0 2 6 . 0 7 4. 0 2 Ex o e n s e s o e r L o U r n o n ~ $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 20 y r s 9, 2 3 4 . 6 0 76 9 . 5 5 3. 0 2 Br e a k e y e n m o n t h l Y c h a r a e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r a e 1 0 % 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 Ea u i t v o a y b a c k 6. 0 4 6.0 4 6. 0 4 6. 0 4 6. 0 4 To t a l m o n t h l v c h a r a e $ 90 . 1 3 $ 58 . 7 6 $ 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 RM U C o I Ra t e D e t e r m i n a t i o n w i t h R O I I I Pe D D e r w o o d C r o s s i n g S u b d i v i s i o n TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 In f l a t i o n R a t e 4% pe r ye a r "I n c l u d e a n e m e r g e n c y r e s e r v e t o co v e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 pe r l o t D e r v e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 RO I F a c t o r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4,9 0 0 . 6 1 $ 7, 6 4 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u m 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 Eq u i t y AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1, 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 , 6 9 2 . 0 0 22 , 1 6 3 . 0 4 18 4 6 9 . 2 0 14 7 7 5 . 3 6 OT H E R ( A U D I T , E N G I N E E R l $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1, 2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2, 3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8, 7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De p r e c i a t i o n n e t o f r e f u r b i s h c o s t s $ 6, 5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ ( 2 , 1 7 9 . 6 2 $ (5 , 0 8 3 . 8 7 , 1 2 3 4 5 Ge n e r a l r e p a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2, 3 3 9 . 7 2 #o f l o t s 51 10 2 15 3 20 4 25 5 La b o r a t o r y s e r v i c e s $ 6, 0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 4 8 9 . 6 0 $ 6, 7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3, 9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4, 3 8 6 . 9 7 $ 4, 5 6 2 . 4 5 Pe r l o t y e a r l y 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4, 5 8 9 . 4 5 $ 5, 9 6 6 . 2 8 Pe r l o t m o n t h l y 36 . 2 1 18 . 1 1 12 . 0 7 9. 0 5 7. 2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % Ex P e n s e s D e r L o t l e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l y 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 Ex p e n s e s p e r L o t m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 8% Pe r l o t y e a r l y 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l y 24 . 1 4 12 . 0 7 8. 0 5 6. 0 4 4. 8 3 YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 Co s t R e c v e r y 18 4 , 6 9 2 . 0 0 mo n t h l y De r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 7 5 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 y r 18 , 6 9 . 2 0 1, 5 3 9 . 1 0 6. 0 4 Ex p n s e s p e r L o t / y e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 y r s 12 , 3 1 2 . 8 0 1, 0 2 6 . 0 7 4. 0 2 Ex p e n s e s p e r L o t m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 20 y r s 9,2 3 4 . 6 0 76 9 . 5 5 3. 0 2 Br e a k e v e n m o n t h l v c h a r a e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r g e 1 0 % 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 Eq u i t y p a y b a c k 6.0 4 6. 0 4 6. 0 4 6. 0 4 6. 0 4 To t a l m o n t h l v c h a r a e $ 90 . 1 3 $ 58 . 7 6 $ 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 i RM U C o I Ra t e D e t e r m i n a t i o n w i t h R O I I I Pe p p e r w o o d C r o s s i n g S u b d i v i s i o n - -- - TO D A Y ' S D A T E 4/ 2 8 / 2 0 0 8 ST A R T U P D A T E : 10 / 1 / 2 0 0 8 TO T A L # O F L O T S 25 5 In f l a t i o n R a t e 4% Ip e r y e a r "I n c l u d e a n e m e r g e n c r e s e r v e t o co v e r e m e r g e n c y e x p e n c e s n o t ac c u n t e d f o r i n t h i s e s t i m a t e 20 I p e r l o t p e r y e a r i n d e x e d f o r i n f l a t i o n 5 Y E A R B U I L D O U T YE R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 RO I F a c t o r A n n u a l PO W E R $ 2, 3 5 6 . 0 6 $ 4,9 0 0 . 6 1 $ 7, 6 4 4 . 9 5 $ 10 , 6 0 0 . 9 9 $ 13 , 7 8 1 . 2 9 Re t u m 12 % 10 % 8% LA B O R CO S T S $ 7, 2 8 2 . 0 4 $ 15 , 1 4 6 . 6 5 $ 23 , 6 2 8 . 7 8 $ 32 , 7 6 5 . 2 4 $ 42 , 5 9 4 . 8 1 Eq u i t y AC C O U N T I N G S E R V I C E S $ 60 0 . 0 0 $ 1. 2 4 8 . 0 0 $ 1, 9 4 6 . 8 8 $ 2, 6 9 9 . 6 7 $ 3, 5 0 9 . 5 8 18 4 , 6 9 2 . 0 0 22 , 1 6 3 . 0 4 18 , 4 6 9 . 2 0 14 . 7 7 5 . 3 6 OT H E R ( A U D I T , E N G I N E E R ) $ 40 0 . 0 0 $ 83 2 . 0 0 $ 1, 2 9 7 . 9 2 $ 1, 7 9 9 . 7 8 $ 2,3 3 9 . 7 2 RO I C O S T P E R L O T : Re f u r b i s h c o s t s $ 2, 9 0 4 . 2 5 $ 5, 8 0 8 . 5 0 $ 8, 7 1 2 . 7 5 $ 11 , 6 1 7 . 0 0 $ 14 , 5 2 1 . 2 5 YE A R De p r e c i a t i o n n e t o f r e f u r b i s h c o s t s $ 6, 5 3 3 . 1 3 $ 3, 6 2 8 . 8 8 $ 72 4 . 6 3 $ ( 2 , 1 7 9 . 6 2 $ (5 , 0 8 3 . 8 7 1 2 3 4 5 Ge n e r a l r e p a i r s e r v i c e s $ 2, 0 0 0 . 0 0 $ 2, 0 8 0 . 0 0 $ 2, 1 6 3 . 2 0 $ 2, 2 4 9 . 7 3 $ 2, 3 3 9 . 7 2 #o f l o t s 51 10 2 15 3 20 4 25 5 La b o r a t o r y s e r v i c e s $ 6, 0 0 0 . 0 0 $ 6, 2 4 0 . 0 0 $ 6, 4 8 9 . 6 0 $ 6,7 4 9 . 1 8 $ 7, 0 1 9 . 1 5 12 % Pa r k m a i n t e n a n c e $ 3. 9 0 0 . 0 0 $ 4, 0 5 6 . 0 0 $ 4, 2 1 8 . 2 4 $ 4, 3 8 6 . 9 7 $ 4, 5 6 2 . 4 5 Pe r l o t y e a r l y 43 4 . 5 7 21 7 . 2 8 14 4 . 8 6 10 8 . 6 4 86 . 9 1 EM E R G E N C Y R E S E R V E $ 1, 0 2 0 . 0 0 $ 2, 1 2 1 . 6 0 $ 3, 3 0 9 . 7 0 $ 4, 5 8 9 . 4 5 $ 5, 9 6 6 . 2 8 Pe r l o t m o n t h l y 36 . 2 1 18 . 1 1 12 . 0 7 9.0 5 7.2 4 SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 75 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 % Ex p e n s e s p e r L o t / y e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 Pe r l o t y e a r l y 36 2 . 1 4 18 1 . 0 7 12 0 . 7 1 90 . 5 4 72 . 4 3 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 Pe r l o t m o n t h l y 30 . 1 8 15 . 0 9 10 . 0 6 7. 5 4 6. 0 4 8% Pe r l o t y e a r l y 28 9 . 7 1 14 4 . 8 6 96 . 5 7 72 . 4 3 57 . 9 4 5 Y E A R B U I L D O U T Pe r l o t m o n t h l y 24 . 1 4 12 . 0 7 8. 0 5 6. 0 4 4. 8 3 YE A R IT E M 1 2 3 4 5 #o f l o t s 51 10 2 15 3 20 4 25 5 Co s t R e c o v e r y 18 4 , 6 9 2 . 0 0 mo n t h l y pe r u s e r SU B T O T A L E X P E N S E S $ 32 , 9 9 5 . 4 9 $ 46 , 0 6 2 . 2 4 $ 60 , 1 3 6 . 6 4 $ 7 5 , 2 7 8 . 3 9 $ 91 , 5 5 0 . 3 7 10 v r s 18 , 4 6 9 . 2 0 1, 5 3 9 . 1 0 6. 0 4 Ex p e n s e s p e r L o t l e a r $ 64 6 . 9 7 $ 45 1 . 5 9 $ 39 3 . 0 5 $ 36 9 . 0 1 $ 35 9 . 0 2 15 v r 12 , 3 1 2 . 8 0 1, 0 2 6 . 0 7 4. 0 2 Ex p e n s e s p e r L o t / m o n t h $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 20 y r s 9, 2 3 4 . 6 0 76 9 . 5 5 3. 0 2 Br e a k e y e n m o n t h l y c h a r g e $ 53 . 9 1 $ 37 . 6 3 $ 32 . 7 5 $ 30 . 7 5 $ 29 . 9 2 RO I c h a r g e 1 0 % 30 . 1 8 15 . 0 9 10 . 6 7. 5 4 6. 0 4 Eq u i t y p a y b a c k 6. 0 4 6. 0 4 6. 0 4 6. 0 4 6. 0 4 To t a l m o n t h l Y c h a m e $ 90 . 1 3 $ 58 . 7 6 $ 48 . 8 5 $ 44 . 3 3 $ 41 . 9 9 - ': ~ l ~ f l / ~ ¡ " S ' : : ~ : ; : ' , , , . l : , 3 l ~ \ . t . / ì t \ J ( ' , , ~ ' . r ' V " ' i . : : : Th i s s p r è a d s h e e t i s b a s e d o n t h e m a s s b a l a n c e a p p r o a c h d o c u m e n t e d i n : 1 9 8 5 . B a u m a n . B . J . a n d W . M . S c h a e f e r . E s t i m a t i n g G r o u n d - W a t e r Q u a l i t y I m p a c t s F r o m O n - S i t e S e w a g e T r e a t m e n t S y s t e m s . In P r o c e e d i n g s o f 5 t h N o r t h w e s t O n c S i t e W a s t e w a t e r T r e a t m e n t S h o r t c o u r s e , S e p t e m b e r 1 0 - 1 1 , 1 9 8 5 . U n i v e r s i t y o f W a s h i n g t o n , S e a t t l e , W A P a g e s 2 3 - 4 1 . S e e I n s t r u c t i o n s f o r U s e b e l o w . '; ~ ~ g l ~ ~ ~ - ' f t : ~ - _ = - = - - = D ñ ~ ~ 1 ' ñ . L ~ ~ " i : : ~ : n - ~ - _ ~ _ _ ~ ~ - - i ~ , ~ ~ ; ; c " d 9 " - . . - ~ _ = = = n ~ i i : ~ ' i r - % ~ ~ o t . i :: ~ ~ ~ J ~ ~ ; ~ = = i ~ ? : : : ~ = : ~ l ~ ~ - = S ~ ~ ~ = ~ : ~ : ¡ ¡ ~ c v o ~ n ~ ~ _ - ~ ~ _ ~ ~ _ ~ = ~ - I l ~ ~ ~ - l - ~ 3 ~~ ~ g v l ¿ l : ~ l ~ i ~ ~ ~ ; _ ~ ~ õ I B ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ I ~ = : ~ . ~ . - - ~ 1 : ~ ~ : ~ f f ~ : L ~ _ _ - ~ : _ : _ ~ ~ _ : : - _ - _ - ~ ~ ~ L = ~ ~ = Ç ( ) n i l i = ~ ~ ~ _ ~ _ = i ~ ~ = ~ = = = = n - t r ~ = ~ - ~ = = o ~ ~ : = : = ~ : L _ _ - : ~ ~ : ~ : : : : - - ~p t i c . : i : ~ k _ E f f u e n I J 9 _ a l l o n s / d / h o m e ) _ _ _ _ _ _ _ _ _ _ _ _ . . . . 6 . . . 1 . . 7 5 0 _ 3 0 0 _ _ P I 0 . l ~ ~ ~ _ I . l s t i f i c : § 1 L l ) ~ ~ . \ L ! ; . : _ o ~ \ I . . _ ! ; E a . : l ~ : ! l ! . N ¡ t r a _ t e C ( ) ! ! ~ f . ! l t E C l t i o n i n G \ I ~ J r ! 1 £ ~ L - 1 - - - - - ~ ; ~ - - - - Na t U r a i R e c h ã ' r g e " r a e ( i T c i ï e S N r f - - - - - - - - - - - - J . . 0 . 7 5 I S i t e - ' S - p e c i f i c - - - . - - - - - - - - C U r r e I 1 U à c c e p t a b ï e C o t S i z e ( A C r e S ) d - - - - - d _ _ - - - - - - - ¡ - - 1 5 2 . Z - . . ¡_ _ _ _ _ _ _ _ _ - - - - - - - - - - - - - " - - - 1 f . _ _ _ n - I - - - - - - - - - - - - - _ _ _ m _ - - - - - - - - - - - - u n - - - - - - - u n - - - - - - - I :; E ~ ; ~ ~ : ; ; ~ : ~ ~ ~ . t i ~ ~ \ = ~ ~ : : ' ; ~ l f ~ ~ f ~ ~ ; c ; ~ ~ ~ ~ i ~ ~ , ~ ~ ~ ~ ~ ~ 1 ~ ; : i ; f i = ~ ; o ~ ~ ~ :. ~ ~ ~ : ~ ; ¡ ~ ~ : ~ : ~ ~ o o - ~ = ~ ~ = = i 0 0 3 ~ : i ~ - = - : ~ ~ : ~ = ~ : ~ ~ ~ ~ ~ C : i ~ t r ~ ~ : . ~ ' . - - ~ = = : : = _ t j 7 7 E . 0 9 - .. - _ - - - - - - - - . - - - - - - - 9 - - - 9 J - - _ - - - - . - - - - - - - - - i 1 - - + - - - - - - - - - - ~ - - - 1 - _ n ' _ _ _ - - - - - - - - . - - - - - - . . - - - - - - - - - - - 1 - - - - - + 'I n s t r u c t i o n s f o r U s e In p u t p a r a m e t e r v a l u e s a p p r o p r i a t e t o c o n d i t i o n s a t t h e s i t e u n d e r c o n s i d e r a t i o n a r e e n t e r e d i n t h e ' l l l l ' " " . I i ; i d c " ( ' / , 1 1 ; , o n t h e l i \ ! ! V r s i d e o f t h e s p r e a d s h e e t . T h e s e i n p u t v a l u e s f o r m t h e b a s i s f o r c a l c u l a t i n g y e a r l y w a t e r a n d n i t r o g e r bu d g e t s . D e f a u l t v a l u e s f o r s e l e c t e d p a r a m e t e r s a r e p r o v i d e d , a s d e s c r i b e d i n t h e a c c o m p a n y i n g N . P g u i d a n c e . S e l e c t i n g v a l u e s o t h e r t h a n t h e s e d e f a u l t s w i l l r e q u i r e p r o v i d i n g a d e q u a t e j u s t i f i c a t i o n . S o u r c e s o f w a t e r a n d n i t r o g e r in c l u d e g r o u n d w a t e r i n f l o w f r o m u p g r a d i e n t , n a t u r a l r e c h a r g e o n p e r v i o u s p o r t i o n s o f t h e s i t e , a n d f r o m s e p t i c t a n k e f f u e n t . T h e t o t a l y e a r l y n i t r o g e n m a s s i n p u t i s t h e n d i v i d e d b y t h e t o t a l y e a r l y v o l u m e o f w a t e r a v a i l a b l e t o r e c h a r g E gr o u n d w a t e r t o a r r i v e a t a n e s t i m a t e d A v e r a g e D o w n g r a d i e i i t N i t r a t e C o n c e n t r a t i o n i n ( ; W ( s h o w n i n t h e o u r i ' u r s i d e o f t h e s p r e a d s h e e t ) . ~- ~ . . . = , = _ ' : . : , , " = = = = ' " - ~ - " " = ~ . , . . : . - . : . = : . : = = = - - = - . - = - " " . . - _ . _ ~ , . . - - - - . , = : : ' = ~ = : : = - . , " ' : : . , . . " _ - : . . = _ : ~ . . , . . , , . - _ , , ~ : - ' ' ' , , . ' ' ' ' - . = e : = " = " . _ - , : : : , , , . , , ~ . . = - = ' . - : " " " : : " " = - = ~ c . = ' c = - " " " ' : : : : " , . . . ':= : . ~ , ; : . : c = = = : " ' " " " ' = . o " " " : _ - . : : . , . = . - ; - : = = ' c ; " " ' = . " " . " - . . : ~ " " : = " ; = = . = " " . ; : , o - = . c - - . - , . - . , . . ~ ' : - : - ' " As v a l u e s a r e i n p u t i n t o t h e i : l u p , ; I v i d e c l C e , I I " . t h e t o t a l s a n d p e r c e n t o f t o t a l f o r v a r i o u s c o m p o n e n t s o f t h e w a t e r a n d n i t r o g e n b u d g e t s a r e c a l c u l a t e d a n d s h o w n o n t h e o u n ' u r s i d e o f t h e s p r e a d s h e e t . T h e A v g . D o w n g r a r l i c l 1 i Nit r a t e C o n c e n l . r a t i o n i n G W i s a l s o c a l c u l a t e d . T h e D e n s i t y b u t t o n a l l o w s t h e c a l c u l a t i o n o f b o t h t h e A c c e p t a b l e N u m b e r o f H o m e s i n t h e P a r c e l ( s h o w n i n t h e ¡ a r e a ) a s w e l l a s t h e a c c e p t a b l e l o t s i z e . 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Q (5 0 Q: Q : "( Q -. .+ n I t ( " I t " r - r - n r - I t n i . . i i " 1 _ 1 . , _ _ _ _ l . . _ . . . . . . . . . . . . . . 4 24 1 2 ~ I 2 6 l 2 7 r.J a C R E $ . J 6 A C E s b J 6 A C E S J 6 A C t S ~ . 3 A C t ~ 30 \ 3 1 : i \ 3 4 J' A C ' " \ - J J A C I E S ' " " " E S o . " ' A C I E S .-~ 13 3~ 1 3 4 1 3 3 1 3 2 / 3 1 1 3 0 1 2 9 1 2 8 J 2 7 Q. 4 2 A C R E S ~ . J O A C £ S o . 3 1 , l C R o . J 1 A C R S O ' 3 ' . . c R S o . J 1 A C O . J I . . C R E S o . J 1 " C R E o . J l ~ Q . ' \ T I 28 29 O.4 3 a t E ' '0 ¡ 1 1 / . 1 2 O. J . . . . C A £ o . J 2 A C f O . J , , l C l E ' I'". 8 Jõ o." 3 A C E S i : t o i. c: :~II I (/ : 8 01 37 ~O~7 7 O.i ' A C l £ S , O.J i A C R E S - - . 38 ",' l . . . . . . 0 . . . . c r- o . J t 04 2 A I ' ~ ~ o.J " " C A E S 19 t. iu 39 ~~4 40n~ 14 I~ i : 7 i.II. 8 i 13~ ~3 41 ') .. . 1~ . o .-¡-r- II11 i o. 3 1 A C t s .i 9 i~i:8i .~ 19 10 s 11 12 o. O J E S J2 A Q S I o . J 1 A C E S I O . J I A C R E S I D . 3 I A C ( S I O . 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J J S . 1 5 1~ o. ~ A C R E S '4 o. ~ A C A E S 13 ' 12 .C I 0.4 1 . .Q . 3 ; .6 ,3 e E : 11 10 o.W J o. 4 2 A a t +l . + ~t I~ ¡ ..IIoW ooO'1" ¡. ~=Ji Q) 0 " " :: " " . . i: t ' m ~ c o ï .. 0 C I i: ' â ; 1 II - a 'C ~ o oi:Z" _ i( 0 § co . . . . g ~ i i .. - .- . c o &l 0 :: C I Il ' - ." CD R I G H T 2 0 a by AS P E N E N G I N R I H G , I N C Al l r i g t s , . . s e r v . . d . R. p r o d t k r i o r 't a n s l . t l 0 1 an p v t o f ' ' t s . o i wl t h O t w r t t m ~r " ¡ s s i 0 1 A S P EN G J N E E R I N I s u r i . . ' i . . VI t o . i l l b . pr o s . Q " u d . Ol .f ! I 0 vi . i o 0 '- ' 0 U - "C g ~ ~ § (J . 3 Q. c : Q. 0 II ~ a. . 2 Q;.. -i:Jo)0o--~(1~o .. " 20 0 ~ . 0 0 8 Ap r i l 2 0 0 5 "" ' ' .Æ.. - OL ( Q O 8 ' il.. .. . . ~M l l i (l1 i : H . R i ; ,'i ~ d ' . h : l i R i i : " J ¡ I : ' U ï J M, \ H L ( ¡ . . I . i 1 i w f ' l ' ~ rc . 7 J ¡ , ~. ' , W , R O $ 8 , 1 & K ' ; I ~ ( ' r N -' j !I;:¡11:1 Wll J l ~ ' ~ l ~ ¡ l 0 & ! ; ; ' H Ð l 1 1 iN i l ! W ~ ~ , D f ; V f 1 1 f ¡ f . , l : ¡ n E , ¡ , l i t a ' . ' 1 -- O : i i l l i . : J , I I . : . J ' \ E 3 & r O I l : (\ , l j i : . : : ~ ' ; ( l E t H ¡ ¡ j . . ' - . ~ ~~ . ~ t ~ ~ ~ ~ O E ~ L X ~ ~ ~ ~ : ~ ~ ; 1 1 1 ~ Y ~ ~ . ~ , ~ ~ C P J I l : ' ~ ' : ~ I . I ~ O ~ ~ : ; i Ž ~ l i ; ; ; 1 ~ 7 R r ~ ~ ~ 1,I M J H ; \ (Q(' (;; l f l T l H G . W l l U M 1 & F A ì l : ,. A'I E i l ' g ' J E f F f l l f l i i p iir I Ü ¡ - i t C , e m i ; , ¡ A G L ' Y ,~ i¡ ~ h ¡ ; f'; --" . I J H I I ~ i ( ' ¡ l l H Ý A t l l l l ~ H " ' l . ~ , Y I : ; " . , _ _ ! ì IIH i ' ; : , , : J l l L L , ' , . , ' ; f Ç r R t .¡. L L , ! A C I \ J R H ' III L l , ' v i , o r ( , f - 1 1 '; H " , ~ ¡ I I : W_ f / O P f t i J ¡ , T t W J i L I , 1 "' ' L M:) n l . " ' I ~ I ( ) I l ( ' I . ' t l ) l : mi l l / l - , H A l M : l M ¿V l í ( G I / l A l . l\ü C J I E H t I i I I S , $ . : v l J f i ~ ,.I ; d l l E V l 8 , H f . f . J t l l f J i E Wfj M ~ f l O l . N l I I S M MA T I l i : W $ , ~ H U L ( i t ! I t O I E ~ i : v n ì ( , I i I ¡ . M GH f ; G j ~ ¿ f l , C N ~ h E t G ¡, j - WE i G h l . i ' I I Ù I H ~ I ¡ll \ j ù ' h , \ ' l t l J l . I & & i i SJ ) M E R S ( ¡ A , l £ N R g d J U E i ¡ l ¡¡ - r ~~ lp R l ' E t l , J O H l - B & J E I W E rI H ~ m l s , M E U t l 1 l l . J ;, l . GI ~ B , : J n i N , C , \ M , t E i; J ~ f 1 1 E ' , (t i t /i, ¡,R O l 1 ( ; ~ , ( ; A R Y J 11 1 _ ' b E . R P , , ¡ , , ; l l l , A Ll ; ; i . l l l l r " H U , ~ A I i M HU l S E . ¡ ; W ¡ T ü N f l Oll I E í- J M i . ~ , Y . l f l , \ M I E l l t . l W Æ - L 'I. ' ¡ . - " ~ U : R O " I N J ¿ I : H E f Y I . A VlM . 6 ¡ ; r H , C \ \ ü E & M ' : ) ¡ ' i ,.H F i : ¡ ' $ L ~ l c ( i l l J r Y ¡ t J l il0" O' r ' l A A S E I l . T E R i l E U & K , \ E ' t l ~, ! . L E û E f I . El M E B RA Y t , ' J A l f f l E , i l, n l m P j J 9 S A t l E G ' , . . ~ I ' E ' E A ! ¡ H e \ " I E ! l E 'r ; t / : ;, : , ì 61 l n ¡ " O F E i : . M A T l H E W A & : ; ü t l D l U," J . P ' ; l J L & C i f . r I N E GR ¿ ~ . E ~ , ~ ~ : f oo U i ~ r , ( M l i ; l l J i . I . E ~ O : 3 k1 . i ! , \ ~ ' I . ' , I ( ; W £ l . & V l . r , f i E " í J l¡ ~ . ' ( I S i : ' H & C , J ( L ~ ~ I ' i "~ ! j I1 "'i !I l~;: i Co u n t r y S q L q m "' I " ~ üR O ü M I l ' J l k Y i l & ' H l J A R f ' HU , F i H l , , ; a ~ d . f , " f¡ I A J l I ; ':T 1 R l . l l t r ~ ' M L H . r l i & G I I E H ' / i l ' "" " , 0 " " " ' ' ' ' 3 8 ' " , , , , , , , , , I i , , l . " H ' f E ' Æ " ¡ ¡ " " I " , . . " " " ' . , . w " ' ~ ¡ l l & " i A A ' " '1 ¡ " i / I " . t l t 3 i ' . : l j ; ; A l i l l i : . c a U N T l Y ! L I N E H D - _.. : " ' , " " " . . . . , , ~ . , , , . _ . . . , - ' ; ~ " . . , . _ , ; . _ _ _ . _ _ - ' ' - , J , , , ' ~ , ; . . , , . . : , ~ _ . . , ': ; ( t 6 l f " J ; ~ ; ' : : ~ ; , 1 i ; ; ; : l t ~ ~ ~ ~ ; ~ ' R , l t H E ' " ¡J E & I S l E I l I I . . & V ß : E I A (lH , . ' t J . i H l , ~ , l l H l I ' l Y L D R . M E V H I E Mü , ~ ~ I E ' I tll " J , I I I C i : f T t : i ; U ) E J U E L . . , 1l0 L l A N Ü V ' : H O I l ' " ~r . u . c W'l h . I I , . . ; , . l l t & í:í l f . . N . t d C I V , , ~ ' & . , l A i'. G O o r J 1 E ' t ~ l Y l m E H E s - R I N G C R K c O t l : l l R U L r l u l l l C Y'l i m , ; l E ' I E L & \ r B A I . ' . " ; ; " ; , ' W( ; K e H . t M A K i C t I I O Y HI : L l l i J f J ' 3 J A s . l : f M L ï f f l S I C i ( ' ( 1 8 d " , I . t l l ' _~ " " " , " _ . . . ~ . _ , " , " " _ " L . . _ , . , . , " , _ _ ~ , _ . - , _ ~ - ' ; : - - " , , " ' : : . ~ " , ~ - = . , . THOMPSON ENGINEERING INC. CONSUL TINGENGINEERS 154 East Main Street, P.O. Box 55 Rigby, Idaho 83442 745-8771 JOB NAME ------------ Mark Olsen JOB NO. --------------- 2004-79 DATE ------------------- December 5, 2005 PARCEL NO. --------- 5 (Subdivision Boundary) LEGAL DESCRIPTION . A Parcel of Land Situated in Jefferson County, State ofIdaho, Township 4 Nor"L1, Range 38 East ofthe Boise Meridian, Section 34. More Paricularly Described as Follows: Beginnng at the Southeast Corner of Section 34, Township 4 North, Range 38 East, B.M., said point being the True Point of Beginnng. Thence S89°50'20"W along the South line of Section 34 for a Distance of 2591.03 Feet; Thence NOo043' 45"E for a Distance of 322.00 Feet; Thence S89°50'20"W for a Distance of 41.90 Feet; Thence N02°1TOO"E for a Distance of 1028.57 Feet to the North Line of the South Half(S1/2) of the South East Quarer(SE1/4) of said Section 34; Thence N89°50'22"E along the North line of said South Half (S 1/2) for a Distance of 2602.99 Feet to the Northeast corner of the South Half(S1/2) of the Southeast Quarer (SE1/4) of said Section 34; Thence SOcc38'32"W along the East line ofsaid Section 34 for a Distance of 648.70 Feet; Thence N89c48'20"W for aDistance of 640.02 Feet; Thence SOo038'32"W for a Distance of 318.00 Feet; Thence S89°21 '28"E for a Distance of 640.00 Feet to the East line of Section 34; Thence SOo038'32"W for a Distance of 3 78.00 Feet to the True Point of Beginning, Containing 76.38 Acres More or Less. 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N o . 3 2 3 9 2 1 3 CI "" b . . , ' l C I 1, ~ . _ . . 8 A F T 'e . . . . 65 A C R E S + / (l 35 . 0 2 " 0. B 1 A C R E S 1'- 4 . 1 7 ' 17 4 0 3 . 1 4 5 f T ,. . . , 6 ~ . ø . . sn 'I 1 ' 1 i . 10 0 " . . ' 19 . _ " 2 1 ' 2 8 . 1 0 0 ' " Sl" i I ' I I . t O O ' ! ~ i f7 ¡ i l ~ \! i i 1: u . l l D " I 0. 6 B A C R E S :1 2 3 . 1 1 ' SI ' l I ' u . i G O " 1 ! ~ _"Z 1 ' N . I O O ' 1 ! " " ; a SO l . " ' ~ ~ ' " "'. ' 1 . . ~l .. ¡ i : ~ ; I ' ~ i ft . 0 3 S F T O.8 1 A C R E S . "' 1 7 ! l . P ' IH . Ø l " l S . i t . l O O ' il ~n ¡ ~ il ~ ! ~ ¡ o o ." l I ' a . t o o ' l ~ i~ 11 4 5 . _ F T 0. 6 8 A C R E S 'i i II ~å;§ o CD ii ¡ ~ È ~ ! H4 0 0 . 0 0 I ' T O. 6 1 A C R E S 2G H . 7 l S " 0. 6 1 A C R E S o21 . _ " 0. 6 B A C R E S iI . l 7 S J l ~_'1 1 ' 2 8 . S O O ' I I 15 ' . ' " ,. ~ a o ' V 0. 6 7 A C R E S S8 9 ~ 12 0 . 2 1 ' 51 9 " 1 1 ' 2 8 . S O O . I ~ H9 ~ 12 1 . 1 0 ' tl 1 . 4 1 ' 12 8 . . . . IU . . . . ;~ o ~ I i n. . . l 7 l G t T I O.6 8 A C R E S ~2f . . . . O P T 0. 6 B A C R E S ~I ; . ~ ~ u. . e . I 7 S Q I ' T I 0. 6 B A C R E S CI UlD . 2 l Sl J . a I ' 12 1 . 1 1 ' Au t u m Ñ # e " q h J s Wi' : i i. f t , l I U l ' , . l . p ' ;" : 1 ? ~ . Ð E L ~ ( y . T E M y l , S H C I ~ 2 4 0 N : : I l . L t J P S " J l O O I t f . N . K , , : ; ~ : ; t , ~ C \ : ~ , A ; , ~ ~ . \ f ~ ~ , ~ , : " " " ' ' ' ' ' , : : : : ~ , , : , : ; , : : ; , : : ' : ' : , ! d ' : , : ' : . O J ' ¡ : ' ' . i : : ' ' : ; , : : : : ' , ; ' : , ' , ! ' , , ' - , , : : : , : " : : ' : , : : ' , : ' : , : . '. ' " " . " Ò R ' ; , : , , : ' , S w e e t w a t e r IC Y n c o S I f l l J ~ f \ O ' i l l c i ~ W : c ~ ~ A ~ ~ A ) L E ; l n , : , l ~ L L P ~ K ; O R ~ ~ & . J i t ' ~~ S ~ , ; ~ l ~ ~ L Ù " O W . " . J " . l D ~ " d , E l ' ~ ' Ö C ' L ! . . . . . . . . . . . . . . . W ! L I ~ . " , , , e o , r , ~2 ' 3 0 ' N ~ : : . ! i ' : . ~ ~ K M ~ R M N ! . t . G & D . . V 1 ¡ ; ~.. . . . . . . . . . . . . . . . . . . . . , ; . . T ' ' ' i. " . ! ; . . : åi e ~ I i E F $ , 8 F 0 0 A : . ' ~ L Å U R I E ~ . . ' . ; ' : , . - , : , , ) . c: ' P o , A l £ X N - I O S H I & L ì ' O M B A L J U D A , t , X l I ¡ : S : : W K ~ I S , & i l s , ~ N E :,' " , # l D E R S u N , U N O A K ' ' , , : , , , ' , ' - : " ~ , , - ' S W ' E A l E R D E V 0 P t E t r r u . ç . ;~ t j ! ; : ' ! l l ; ; ' . ! : ' ; ; ; ~ ~ ~ I ~ : W : ~ E - " . . . " " " d ! . . . . . . . . . . . . . . - .. . . . l : . . ; ) n ~ : : ~ . ) I . . . , , ~ " iN . . . ~,~ , , ~ ' ! " ' _ " ' . r ~ " : ' . 1 . ~ : ~ : : : F ~ ~ ~ ~ ~ ~ ~ ~ ' PE E R A . l R Y & . ltl l E L "" P1 I N O G 1 \ l ) A V l O L PE T E R S O N , A J E R R ' ' & B E 1 r\ i N O C K D l R R ' ,, - - - " - ~ " - ' _ . ' - - - AI " " , R f V A M A It I l S 8 . . J O S P I & N'E R S E N , A I C H i * D A & O E t i U S W Le i I S , R u m i E Y & O O R Ö 1 H Y ~a L G I \ E & \ Z F . r A C( to N G , O O H ï A t F I I D E tn E L S O N c o n tN ' t l E ' , ' , O B E R T B , & , P R O L RE M l t - T O N , s i S f l WI' , K E R . O A l i M l N S O . R O B E R ' 1 . & æ ~ ~ ~ \ O N O V P l I & . o l A l W i M', n e Uli E S , S T f \ E N R & B E C K Y L l,J i ' R A U C E M A & - A8 U S ~ O l . . A 1 lE I A T T , M E V l t l Ð . 8 i L O R I " tlf t ~ D E L L R I C H A A ' r J , Ci' J , . C H E R ' l K . & - M O N T E D ro y E R . W l L U S E .£ N l I N G f : , Ð A I , 0 & C~ . H A L 0 t o M P R L B 1 E Al W Æ . L E N t i S 8 . O E E J N t l n W E L E H t l l S & O E ' MV ' Æ . C O O Y L & I \ I S T A LE S . R O B S H O & S N O V ' 00 $ , W i L U E . fE t l G H . A A D l : l l l & R N.. '~ ~ ~ r ~ ~ ; ; # 1 11 0 R E E H , R E X E . & . r J M I £ R L ' I .£ ëE ~ r c H , H \ O E Ñ 1 W , & f l H D D A ur E R . JO H N &B N ì B E l l E K ~M l l t s i ~ flD ' Æ R A L I ; E M A E 8 i GP E E N 1 P E E LL O Hl Ð E R S E N , J E . & J t L E 1 T R S T XtI 1 D ~ , K E t r C , & M A E IE l H l R i J O ! l H & . C ~1 ~ ¡ \ K G E O P . G E iB . / \ WP U E R ~ ' . B R U C E A N O l l E " ' i f l T E R S . B A U C E N - O A E W cl H S O t l , E J u C E l.) l l r F \ I O . P I i I L L I P l a V J l E R I E Ú'I I ~ l O S . W A U £ R F & 1 ' I H l . ,.~ D E R S £ t J . L J O t l E S , & . r I I I A & ng a l o w E s t a t e s IJ l R R I E T K p i i T U R O ' ~ G R A C E , " OK S Ð l i . . : ' : " : L 9 ~ . P A U l D ~ G O L D , H U HI' E Y R I l S 1 V W S C O T T & E M L ' ( 1 ¡ ON SA ' ; R A H Z . P I E R R E SA ' M M N , P I E R R E FR Y , K A R I -. - ' , " ' . . " ' . " . - Ki m ; ø ~ E s t a t ; ' ~. L3 N n': - : " " , " T : ~ ~ : ' S f E J e I 1 B U l l b E R s t i C S K H I ~ f f ~ Æ R r I E S U F M I E f l i C A IS i ' P P . S E P C O O I E T l g T I \ E R H i J H & . : e ~ a ú o o t ! O l J m e R I l E S O F M 1 E R J C , 1 l :r n . e . E N T B U I L O E R S J L C . ' , : S l ~ D I , f ' o P f U I E ~ O F H Æ ~ C A , I O I J P R O P E R T I E S O F H I E R l e " iN e l T . ~ ~ S ~ ~ , i i ç ' : . , ~ ~ . . R 3 ~ B r , ~ , S , ? ~ , ~ E " 9 ~ ; PR C E . FA E D L HH l $ E I I , D O O l . FR Y . KA R I N ¡:C E , F H I C l ( E S . PA ~ F ' 8 1 ) \ ~ i : : _ t- i I _Tcorner~ 200 North- - _."- ~'-- - - -- '- -- Section 1s, Township 4 Nort, Range 39 E.B.M., Jefferson ~ounty, Idaho.~ SWN ! \ I ! I I - - --- ~r-ror. i 81~ 25 "'.u n90000'OO"e 8;. 55 n90000'O"e '" ~ ¡:S8i: '" 8 "" S ~ ~ n90000'OO"w 80p l W ll 4 _Cgl1e~_ r I I I \ i 1 I .0 ___ _ __ - -"- -" -... - _.. .. -- -- -_.. This map is solely for the purpose of assisting in iocting the premises and the company assumes no liability for varations if any, with an actual survey. First American Title Co Form No. 1068-2 Plain Language Corrtrrnt Cornmitment No.: 172411.RI Page 3 of8 Exhibit "A" Real propert in the County of Jefferson, State of Idaho, described as follows: A PARCEL OF LAND SITUATED IN JEFFERSON COUNT, STATE OF IDAHO, TOWNSHIP 4 NORTH, RANGE 39 EAST OF THE BOISE MERIDIAN, SECTION 28, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SECTON 28, TOWNSHIP 4 NORTH, RANGE 39 EA, B.M.; THENCE Sooo08'12"W ALONG THE WEST UNE OF SECTION 28 FOR A DISTANCE OF 1567.67 FEET TO THE TRUE POINT OF BEGINNING; THENCE S89053'S4"E fOR A.DISTANCE OF 196.00 FEET; THENCe NOO008'12"E FOR A DISTANCE OF 248.00 FEET TO THE NORTH UNE OF THE SOUTH HALF (S1/2) OF THE NORTHWEST QUARTER (NW1f4) OF SAID seCTON 28; THENCe S89°53'54"E A DISTANCE OF 1123.41 FEET TO THE NORTHWEST CORNER OF THE SOUTHEAST QUARTER (SE1/4) OF THE NORTHWEST QUARTER (NW1J4) OF SAID SECTON 28; THENCE Sooo06'14"W FORA DISTANCE OF 659.46 FEET TO THE NORTHWEST CORNER OF THE SOUTH HALF (S1/2) OF THE SOUTHEAST QUARTER (SE1f4) OF THE NORTHWEST QUARTER (NW1f4) OF SAD SECTON 28; THENCE N89°54'53"W ALONG THE NORTH UNE OF SAID SOUTH HALF (51/2) FOR A DISTANCE OF 941.04 FEET; THENCE NOOOO8'12"E FOR A DISTANCE OF 145.00 FEET; THENCE N89054'53"W FOR A DISTANCE OF 378.75 FEET TO THE WEST LINE OF SAID seCTON 28; THENCE Nooo08'12"W FOR A DISTANCE OF 266.84 FEET TO THE TRUE POINT OF BEGINNING. --_.._---,..-..,,"'..'"....~.;.:.~ f\ ~ ~~ "..~ I" ...i:.~.! . 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