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2007 APR 23 AM 9: 23ANNUAL REPO Rlffd'oUJ.~I~S'Ot
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FL5-
FALLS WATER COMPANY, INC.
NAME
1770 Sabin Dr, Idaho Falls, ID 83406
ADDRESS
TO THE
IDAHO PUBLIC
UTiliTIES COMMISSION
FOR THE
YEAR ENDED December 31 , 2006
ANNUAL REPORT FOR WATER UTILITIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING December 31 , 2006
11 Are there any affiliated companies?
If yes, attach a list with names, addresses & descriptions.
provided to the utility.
12 Contact Information
President (Owner)
Vice President
Secretary
General Manager
Complaints or Billing
Engineering
Emergency Service
Accounting
13 Were any water systems acquired during the year or any additions/deletions madeto the service area during the year? Yes
If yes, attach a list with names, addresses & descriptions. Explain any servicesprovided to the utility.
14 Where are the Company s books and records kept?Street Address 1770 Sabin DriveCity Idaho FallsState IdahoZip 83406
1 Give full name of utility
Telephone Area Code
E-mail address
2 Date of Organization
3 Organized under the laws of the state of
4 Address of Principal Office (number & street)
5 P.O. Box (if applicable)
6 City
7 State
8 Zip Code
9 Organization (proprietor, partnership, corp.
10 Towns, Counties served
Rev 3/02
COMPANY INFORMATION
Falls Water Co., Inc.
(208) 522-1300
scott 1 ~fallswater.com
1/9/1959
Idaho
1770 Sabin Drive
Idaho Falls
Idaho
83406
Corporation
Bonneville County and portions of Ammon , Idaho
Explain any services
Name Phone No.
Brent Johnson 208-681-5335
Jay Johnson 208-589-4560
Paul Johnson 208-709-7160
K. Scott Bruce 208-522-1300
K. Scott Bruce 208-522-1300
Tony Wise 208-522-1300
Tony Wise 208-522-1300
K. Scott Bruce 208-522-1300
Page 1
NAME:Falls Water Co., Inc.
COMPANY INFORMATION (Cont.)
For the Year Ended December 31 2006
15 Is the system operated or maintained under a
service contract?
16 If yes: With whom is the contract?
When does the contract expire?
What services and rates are included?
17 Is water purchased for resale through the system? Yes, Leased well site within FWC's Service Area
18 If yes: Name of Organization Evan s Grain & Elevator
Name of owner or operator Well operated by Falls Water Company, Inc.Mailing Address PO Box 3765City denState UtahZip 84409
Water Purchased
19 Has any system(s) been disapproved by the
Idaho Division of Environmental Quality?
If yes, attach full explanation
20 Has the Idaho Division of Environmental Quality
recommended any improvements?
If yes, attach full explanation
21 Number of Complaints received during year concerning:
Quality of Service
High Bills
Disconnection
22 Number of Customers involuntarily disconnected
23 Date customers last received a copy of the Summary
of Rules required by IDAPA 31.21.01.701?
Attach a copy of the Summary
24 Did significant additions or retirements from the
Plant Accounts occur during the year?
If yes, attach full explanation
and an updated system map
Rev 3/02 Page 2
Gallons/CCF $Amount
204 7001$ 1 112.
No Record
No Record
June 2006
Yes
NAME:Falls Water Co., Inc.
REVENUE & EXPENSE DETAIL
ACCT #
For the Year Ended
DESCRIPTION
400 REVENUES
Unmetered Water Revenue 116 571
551 296
421
December 31 2006
460
461.
461.
462
464
465
466
400
Metered Sales - Residential
Metered Sales - Commercial, Industrial
Fire Protection Revenue
Other Water Sales Revenue
Irrigation Sales Revenue
Sales for Resale
Total Revenue (Add Lines 1 - 7)
(also enter result on Page 4, line 1)
* DEQ Fees Billed separately to customers
10 ** Hookup or Connection Fees Collected
11 ***Commission Approved Surcharges Collected
835
688 123
Booked to Acct #
159 537 Booked to Acct 'Ii
Booked to Acct #
401 OPERATING EXPENSES
601.6 Labor - Operation & Maintenance 108 518
601.Labor - Customer Accounts 046
601.Labor - Administrative & General 104 079
603 Salaries, Officers & Directors 304
604 Employee Pensions & Benefits 807
610 Purchased Water 112
615-Purchased Power & Fuel for Power 380
618 Chemicals 215
620.6 Materials & Supplies - Operation & Maint.43,494
620.8 Materials & Supplies - Administrative & General 934
631-34 Contract Services - Professional 770
635 Contract Services - Water Testing 4,465
636 Contract Services - Other 719
641-42 Rentals - Property & Equipment 631
650 Transportation Expense 372
656-Insurance 633
660 Advertising 081
666 Rate Case Expense (Amortization)
667 Regulatory Comm. Exp. (Other except taxes)680
670 Bad Debt Expense 387
675 Miscellaneous 15,464
Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2)582 090
Rev 3/02 Page 3
271
Name:
ACCT #
Falls Water Co., Inc.
INCOME STATEMENT
For Year Ended
DESCRIPTION
December 31 , 2006
403
406
407
6 408.
7 408.
8 408.
9A 408.
17 413
18 414
30 427.
31 427.
409.
409.
410.
410.
411
412
415
416
419
420
421
426
408.
409-
Rev 3/02
Revenue (From Page 3, line 8)
Operating Expenses (From Page 3, line 33)
Depreciation Expense
Amortization , Utility Plant Aquisition Adj.
Amortization Exp. - Other
Regulatory Fees (PUC)
Property Taxes
Payroll Taxes
Other Taxes (list)
688 123
582 090
538
612
598
DEQ Fees
Federal Income Taxes
State Income Taxes
Provision for Deferred Income Tax - Federal
Provision for Deferred Income Tax - State
Provision for Deferred Utility Income Tax Credits
Investment Tax Credits - Utility
Total Expenses from operations before interest (add lines 2-15)
Income From Utility Plant Leased to Others
Gains (Losses) From Disposition of Utility Plant
Net Operating Income (Add lines 1 17 &18 less line 16)
Revenues, Merchandizing Jobbing and Contract Work
Expenses, Merchandizing, Jobbing & Contracts
Interest & Dividend Income
Allowance for Funds used During Construction
Miscellaneous Non-Utility Income
Miscellaneous Non-Utility Expense
Other Taxes, Non-Utility Operations
Income Taxes, Non-Utility Operations
Net Non-Utility Income (Add lines 20 23 & 24 less lines 21 , & 27)
Gross Income (add lines 19 & 28)
Interest Exp. on Long-Term Debt
Other Interest Charges
NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2)
637 838
230
109
Page 4
285
121
56,406
037
369
Name:Falls Water Co.. Inc.
ACCOUNT 101 PLANT IN SERVICE DETAIL
For Year Ended December 31 2006
Balance
Beginning
of Year
Added
During
Year
Removed
During
Year
Balance
End of
Year
SUB
ACCT #DESCRIPTION
301 Organization
302 Franchises and Consents
303 Land & Land Rights 179 974 976.978 156
304 Structures and Improvements 707 707
305 Collecting & Impounding Reservoirs
306 Lake, River & Other Intakes
307 Wells 027 164 191
308 Infiltration Galleries & Tunnels
309 Supply Mains
310 Power Generation Equipment 693 693
311 Power Pumping Equipment 210 189 585 219 774
320 Purification Systems 626 626
330 Distribution Reservoirs & Standpipes 494 494
331 Trans. & Distrib. Mains & Accessories 475 163 242 579 717 742
333 Services
334 Meters and Meter Installations 304 558 685 403 243
335 Hydrants 416 491 907
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment 557 981 538
341 Transportation Equipment 879 910 789
342 Stores Equipment
343 Tools, Shop and Garage Equipment 19135 7707 26842
344 Laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment
348 Other Tangible Property
TOTAL PLANT IN SERVICE 176,623 397 078 573,701
(Add lines 1 - 28)Enter beginning & end of year totals on Pg 7, Line 1
Rev 3/02 Page 5
Name:Falls Water Co., Inc.
For Year Ended
ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL
December 31 , 2006
SUB
Depreciation
Rate
Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
304 Structures and Improvements
305 Collecting & Impounding Reservoirs
306 Lake, River & Other Intakes
307 Wells 705 344 639
308 Infiltration Galleries & Tunnels
309 Supply Mains
310 Power Generation Equipment 782 616 835
311 Power Pumping Equipment 133 339 142 388 049
320 Purification Systems 747 671 924
330 Distribution Reservoirs & Standpipes 494 494
331 Trans. & Distrib. Mains & Accessories 582 877 295
333 Services
334 Meters and Meter Installations 123,457 153 248 791
335 Hydrants 116.820.46 704
336 Backflow Prevention Devices
339 Other Plant & Misc. Equipment
340 Office Furniture and Equipment 370 7,431 060
341 Transportation Equipment 074 541 466
342 Stores Equipment
343 Tools, Shop and Garage Equipment 369 647 278
344 Laboratory Equipment
345 Power Operated Equipment
346 Communications Equipment
347 Miscellaneous Equipment
348 Other Tangible Property
TOTALS (Add Lines 1 - 25)419 035 491 076 041
Enter beginning & end of year totals on Pg 7 , Line 7
Rev 3/02 Page 6
Name:Falls Water Co., Inc.
BALANCE SHEET
For Year Ended December 31 2006
ASSETS Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
101 Utility Plant in Service (From Pg 5, Line 29)176 623 573 701 397 078
102 Utility Plant Leased to Others
103 Plant Held for Future Use
105 Construction Work in Progress
114 Utility Plant Aquisition Adjustment
Subtotal (Add Lines 1 - 5)176 623 573 701 397 078
108.Accumulated Depreciation (From Pg 6, Line 26)419 035 491 076 041
108.Accum. Depr. - Utility Plant Lease to Others
108.Accum. Depr. - Property Held for Future Use
110.Accum. Amort. - Utility Plant in Service
110.Accum. Amort. - Utility Plant Lease to Others
115 Accumulated Amortization - Aquisition Adj.
Net Utility Plant (Line 6 less lines 7 - 12)757 588 082 625 325 037
123 Investment in Subsidiaries 250 000 250 000
125 Other Investments
Total Investments (Add lines 14 & 15)250 000 250 000
131 Cash 271 019 221 (260 798)
135 Short Term Investments
141 Accts/Notes Receivable - Customers 60,409 842 567)
142 Other Receivables 187 113 926
145 Receivables from Associated Companies
151 Materials & Supplies Inventory
162 Prepaid Expenses 876 629 753
173 Unbilled (Accrued) Utility Revenue
143 Provision for Uncollectable Accounts 300 300
Total Current (Add lines 17 -24 less line 25)390 192 155 505 (234 687)
181 Unamortized Debt Discount & Expense
183 Preliminary Survey & Investigation Charges
184 Deferred Rate Case Expenses
186 Other Deferred Charges
Total Assets (Add lines 16 & 26 - 30)147 779 2,488 130 340 350
Rev 3/02 Page 7
Name:Falls Water Co., Inc.
BALANCE SHEET
For Year Ended December 31 2006
LIABILITIES & CAPITAL Balance
Beginning
Balance
End of
Increase
ACCT #DESCRIPTION of Year Year (Decrease)
201-Common Stock 000 000
204-Preferred Stock
207-Miscellaneous Capital Accounts
214 Appropriated Retained Earnings
215 Unappropriated Retained Earnings 100 167 141 536 369
216 Reacquired Capital Stock
218 Proprietary Capital
Total Equity Capital (Add Lines 1-5+7 less line 6)125 167 166 536 369
221-Bonds
223 Advances from Associated Companies 105 378 382 (10 996)
224 Other Long - Term Debt 259 363 248 944 (10 419)
231 Accounts Payable 235 980 745
232 Notes Payable 573 013 560)
233 Accounts Payable - Associated Companies 674 21,415 741
235 Customer Deposits (Refundable)
236.Accrued Other Taxes Payable
236.Accrued Income Taxes Payable (30)
236.Accrued Taxes - Non-Utility
237-40 Accrued Debt, Interest & Dividends Payable
241 Misc. Current & Accrued Liabilities
251 Unamortized Debt Premium
252 Advances for Construction
253 Other Deferred Liabilities
255.Accumulated Investment Tax Credits - Utility
255.Accum. Investment Tax Credits - Non-Utility
261-Operating Reserves
271 Contributions in Aid of Construction 622,491 951,494 329 003
272 Accum. Amort. of Contrib. in Aid of Const. **(19 131)(43 634)(24 503)
281-Accumulated Deferred Income Taxes
Total Liabilities (Add lines 9 - 29 022 612 321 594 298 981
TOTAL LlAB & CAPITAL ( Add lines 8 & 30)147 779 2,488 130 340 350
** Only if Commission Approved
Rev 3/02 Page 8
Name:Falls Water Co., Inc.
For Year Ended
STATEMENT OF RETAINED EARNINGS
December 31 , 2006
Retained Earnings Balance Beginning of Year
Amount Added from Current Year Income (From Pg 4, Line 32)
Other Credits to Account
Dividends Paid or Appropriated
Other Distributions of Retained Earnings
Retained Earnings Balance ~ End of Year
100 167
369
141 536
CAPITAL STOCK DETAIL
No. Shares
Description (Class, Par Value etc.
COMMON
No. Shares Dividends
P 'A hut orized utstan mc
1000
DETAIL OF LONG-TERM DEBT
Frontier Property Group 382 361
DEQ State Revolving Loan Fund - DW-9923 25%248 944 089
Interest
RateDescription
Rev 3/02 Page 9
Year-end
Balance
Interest
Paid
Interest
Accrued
Name:Falls Water Co., Inc.
SYSTEM ENGINEERING DATA
For Year Ended December 31 2006
Provide an updated system map if significant changes have been made to the system during the year.
Water Supply:
Rated
Capacity
Type of
Treatment:
(None, Chlorine
Fluoride
Annual
Production
Water
Supply
Source
(Well , Spring,
Pump Desianation or location (gpm)Filter etc.(OOO's Gal.)Surface Wtr)
Well #1 750 SAND SEP 206 WELL
Well #2 400 026 WELL
Well #3 200 WELL
Well #4 1500 SAND SEP 190 235 WELL
Well #5 750 SAND SEP 388 294 WELL
Well #6 (Pump 6)600 SAND SEP 77 ,960 WELL
Pump #7 (In Well #6)600 810 WELL
Well #8 1500 132 206 WELL
System Storage:
Total
Capacity
OOO'
Usable
Capacity
OOO'
Type of
Reservoir
(Elevated , Pres-
Construction
(Wood, Steel
Storace Desianation or Location Gal.Gal.urized, Boosted)Concrete)
Well 2/4 Pressurized Steel
(Duplicate form and attach if necessary. Asterisk facilities added this year.
Rev 3/02 Page 10
Name:Falls Water Co., Inc.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended December 31 2006
Pump information for ALL system pumps, including wells and boosters.
Designation or Location
Rated
Capacity
Energy
Used
Discharge
PressureHorse
& Type of Pump Power (gpm)(psi)This Year
Well #2 , Turbine Pump #2 400
Well #4, Turbine Pump #4 150 1500
Well #6, Submersible Pump #6 600
Pump #7, Submersible Pump #7 600
SUBTOTAL OF ABOVE The Above are all on one Power Meter Totaling 607 120
Well #1 , VFD Turbine Pump #1 750 238 827
Well #3, Submersible Pump #3 200 906
Well #5, Turbine Pump #5 750 519 812
Well #8, Turbine Pump #8 150 1500 230 720
** Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year.
Attach additional sheets if inadequate space is available on this page.
If Wells are metered:
What was the total amount pumped this year?
What was the total amount pumped during peak month?
What was the total amount pumped on the peak day?
023 735 474
191,435 702
490 243
If customers are metered, what was the total amount sold in peak month?117 785 000
Was your system designed to supply fire flows?
If Yes: What is current system rating?
Yes
How many times were meters read this year?
During which months?April , May, June, July, August, September, October for Residential.
Commercial and Multi-family Residential are read year round.
How many additional customers could be served with no system improvements
except a service line and meter?
How many of those potential additions are vacant lots?
300
300
10 Are backbone plant additions anticipated during the coming year?
If Yes, attach an explanation of projects and anticipated costs!
Yes
In what year do you anticipate that the system capacity (supply, storage or distribution)
will have to be expanded?2007
Rev 3/02 Page 11
Name:Falls Water Co., Inc.
SYSTEM ENGINEERING DATA
(continued)
For Year Ended December 31 , 2006
FEET OF MAINS
Pipe
Size
In Use
Beginning
Of Year
Installed
During
Year
Abandoned
During
Year
In Use
End of
Year
532.532.
262.262.
125 038.314.138 352.
138.847.985.
10"849.268.118.
12"070.752.822.
CUSTOMER STATISTICS
Number of Customers Thousands of Gallons Sold
TOTALS (Add lines 2 through 8)
This Last This Last
Year Year Year Year
759 259 659 158 474 385
924 017
391 573 N/A N/A
316 259 N/A N/A
518 133 691 082 498,402
Metered:
Residential
Commercial
Industrial
Flat Rate:
Residential
Commercial
Industrial
Private Fire Protection
Public Fire Protection
Street Sprinkling
Municipal , Other
Other Water Utilities
Rev 3/02 Page 12
CERTIFICATE
State of Idaho
) ss
County of Bonneville
, the undersigned Brent Johnson, Presigent, and K. Scott Bruce, Manager, of the
of the Falls Water Company, Inc. utility, on our oath do severally say that the foregoing report has
been prepared under our direction , from the original books, papers and records of said utility; that
we have carefully examined same, and declare the same to be a correct statement of the business
and affairs of said utility for the period covered by the report in respect to each and every matter and
thing therin set forth, to the best of our knowledge, information and belief.
~er)
(Officer in Charge of Accounts)
Subscribed and Sworn to Before Me
thisRdayof
Lb/U L&~
NOTARY PUBLIC
My Commission Expires (P I n I' I
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Rev 3/02 Page 13
Attachments for response for additional information to page 1 question 13:
During 2006, Falls Water Co., Inc.s service area added the following new subdivisions and divisions of
existing subdivisions:
1. Calico Sky Subdivision Division 3 was added (Legal description is attached to this form).
2. Old Mill Subdivision Divisions 2 and 3 were added (Legal descriptions are attached to this form).
3. Red Rock Subdivision Division 3 was added (Legal description is attached to this form).
4. Bridgewater Subdivision Division 1 was added (Legal description is attached to this form).
5. Cornerstone Community Division 4 was added (Legal description is attached to this form).
6. Fall Creek Subdivision Division 4 was added (Legal description is attached to this form).
7. Lincoln Townsite - Gibbons Addition was added (Area was undeveloped but already in water
system).
8. Trellis Square Division 1 was added (Legal description is attached to this form).
9. Ammon-Lincoln Industrial Park Division 3 was added (Legal description is attached to this form).
10. Wood River Estates Division 1 was added (Legal description is attached to this form).
In response to question 23 on page 2, attached is copy of the Falls Water Spout which was distributed
to our customers with the June 2006 statements.
In response to question 24 on page 2, attached is a copy of an updated system map. The list of
significant assets added to the system during 2006 include:
1. $112 500.00 at contract signing for the purchase of 1 500 AF water right from Idaho Water
Company.
2. $650 000.00 toward purchase of 1 000 AF of water right from Idaho Sod Farm.
3. $160 000.00 purchase of land for Well #9 wellsite.
4. $45 000.00 purchase of land south of #2, #4, and #6 wellsites in Fallsbrook.
5. $116 801.00 for water mains and hydrants installed in Old Mill Division 2.
6. $97 890.00 for water mains and hydrants installed in Ammon-Lincoln Industrial Park.
In response to question 10 on page 11, the backbone plant additions anticipated in 2007 are:
1. The development of Well #9. The project is estimated to be $1 550 000.00. The project is
financed by a loan from DEQ for $1 200 000.00 and $350 000.00 from development fees
collected by Falls Water Co., Inc. The estimated cost of the well construction and site
improvements is $800 000.00. The well is estimated to be on line in November 2007. See
attached engineering cost estimate for the well development. The remaining $750 000.00 is for
the purchase of 1 500 AF of water right from Idaho Water Company. See attached copy of
purchase contract.
2. Crowley Road Connection South of Lincoln Road. Estimated cost $36 600.00 (see attached
engineering estimate). The main line connection will assist in looping arterial main lines in the
system.
3. Ammon-Lincoln Industrial Park 6" line extensions on Ammon Road. Estimated cost $58 500.
(see attached engineering estimate). The line extensions will create needed looping in that area
of the water system.
4. Hitt Road Estension from Lincoln Road to Lincoln Industrial Park. Estimated cost $122 200.
(see attached engineering estimate). The main line connection will assist in looping arterial
main lines in the system.
5. lona Road West from Seminary Building to Pinnacle Drive 12" line extension. Estimated cost
$314 900.00 (see attached engineering estimate). The main line connection will assist in looping
arterial main lines in the system.
Calico Sky Subdivision Division No.
Beginning at a point that is S89O22'29"E 1154.60 feet along the section line and SOoo OO'19"W 1621.25 feet from the
Northwest Comer of Section 11, Township 2 North, Range 38 East of the Boise Meridian, said point being on the
East line of Calico Sky Subdivision, Division No., Bonneville County, Idaho as shown on the recorded plat
thereof, and running thence S89O 59'41"E 690.00 feet; thenceSOOo OO'19"W 7.46 feet; thence S89O59'41"E 310.
feet; thence SOoo OO'19"W 3.02 feet; thence S89O59'41"E 250.00 feet;NOOo OO'19"E 15.48 feet; thence S89O59'41"
235.28 feet to the Centerline of Said Section 11; thence SOoo03'41 "W 998.17 feet to the Eastern Idaho Railroad
Right-of-Way line; thenceN87 0 14'42"W 1486.01 feet to the Southeast Comer of Calico Sky Subdivision, Division
No., thence NOoo OO'19"E 921.88 feet along the East line of Said Division No.1 to the point of beginning,
containing 32.552 acres.
aBEnTcn
~LnJ~OLnJ~~LFJOLnJ~
Idaho Falls, Idaho
Job No. 3062
January 6, 2006
OLD MILL DIVISION 2
Beginning at a point that is S87O 11 '03"E 157.94 feet along the Section line and NOooO7'28"
940.47 feet from the South 1/4 Comer of Section 11 , T. 2 N., R 38 E.B.M., and running thence
N87O07'46"W 158.99 feet to the North South Centerline of said Section 11; thence NOoo03'40"
1683.78 feet along the North South Centerline to the Center of said Section 11; thence
S87O 14'50"E 881.92 feet along the East West Centerline of Section 11; thence S02O45'10"
205.00 feet; thence N87O 14'50"W 30.85 feet; thence SOooOO'37"W 1370.53 feet; thence
N87O 11'03"W 405.74 feet along the North line of Old Mill Subdivision, Division No.
Bonneville County, Idaho as shown on the recorded plat thereof; thence to a point of curve
having a radius of 239.45 feet and a chord that bears S81 o44'46"W 91.95 feet; thence 92.53 feet
to the left along said curve through a central angle of22O08'23"; thence S70o40'34"W 95.15 feet
to a point on a curve having a radius of726.81 feet and a chord that bears S20O 14'26"E 46.
feet; thence to the right along said curve 46.77 feet through a central angle of3O41'12"; thence
S86O28'54"W 113.35 feet to the to the point of beginning, containing 31.304 acres.
DAVID E. BENTON P.E./L.
550 LINDEN DRIVE. IDAHO FALLS, IDAHO 83401 . (208) 522-8033 . FAX (208) 522-8039
BEnTcn
~U=U~~U=U~~f~U=U~
Idaho Falls , Idaho
Job #3062
July 18, 2006
R.B.
Division No 3 Old Mill
Beginning at a point that is S87O 11 '03"E 840.37 feet from the South
1/4 Corner of Section 11 , T. 2 N., R 38 E., said point being the
Southeast Corner of Old Mill Subdivision , Division No., Bonneville
County Idaho as shown on the recorded plat thereof and running
thence NOoo 03'17"E 1 049.69 feet along the East line of said Division
No.1 to the Northeast Corner of said Division No.1; thence the
following 4 courses along the Easterly side of Old Mill Subdivision
Division No., Bonneville County Idaho as shown on the recorded
plat thereof; 1) S87O 11'03"E 2.43 feet; thence 2) NOoo OO'37"
1370.53 feet; thence 3) S87O 14'50"E 48.60 feet; thence 4)
N02O45'10"E 205.00 feet to the Northeast Corner of said Division
No.2; thence S87O 14'50"E 582.32 feet along the Rail Road Right-of-
Way; thence SOoo OO'37"W 2626.20 feet to the South line of Section
11; thence N87O 11'03"W 217.18 feet along the South line of Section
11; thence NOoo03'17"E 199.93 feet; thence N89O 56'43"W 166.
feet; thence NOoo 03'17"E 270.00 feet; thence N89O 56'43"W 169.
feet; thence SOoo 03'17"W 453.71 feet to the South line of Section
11; thence N87O 11'03"W 90.11 feet along said Section line to the
point of beginning, containing 35.864 acres.
DAVID E. BENTON P.E./L.
550 LINDEN DRIVE. IDAHO FALLS, IDAHO 83401 . (208) 522-8033 . FAX (208) 522-8039
Red Rock Estates Division No.
Beginning at a point that is S89O 19'09"E 648.18 feet along the south section line and NOooOO'OO"E 32.63 feet from
the Southwest Comer of said Section 2 to the Southeast comer of Stanger Park as described in Instrument
No.1233461; running thence along said property line the following three (3) courses: (1) N12O00'59"E 246.55 feet;
thence (2) N07O02'32"W 146.50 feet; thence (3) N17O56'00"W 50.73 feet to the Southeast comer of Redrock
Estates Division No.1 as described in Instrument No. 1179605; thence along said property line the following three
(3) courses: (1) N17O56'00"W 99.37 feet; thence (2) N19O18'02"W 248.65 feet; thence (3) N01O51 '25"E 306.
feet; thence leaving said property line S88O08'35"E 103.77 feet; thence S90000'00"E 694.34 feet; thence
SOooOO'OO"E 170.00 feet; thence N90O00'00"W 6.86 feet; thence SOOOOO'OO"W 195.20 feet; thence S08O lO'05"
259.64 feet; thence SOoo31 '08"W 313.84 feet; thence N89O35'54"W 21.07 feet; thence SOooOO'OO"W 137.37 feet to
the North right-of-way line of lona Road; thence along said right-of-way line N89O35'54"W 43.43 feet; thence
N89O28'52"W 631.10 feet thence N89O 18'52"W 44.57 feet to the point of beginning, containing 18.380 acres.
BOUNDARY DESCRIPTION
FOR
BRIDGEWATER /l)7V 1
Beginning at a point that is S.000 02'56"E. along the Section line 1232.54 feet from the
Northeast Corner of Section 15 , Township 2 North, Range 38 East of the Boise Meridian;
running thence S.00002'56"E. along said Section line 1407.35 feet to the East 1/4 Corner of
said Section 15; thence S.01O 13'45"W. along the Section line 14.31 feet; thence
89O 24'18"W. 1 018.30 feet to a point on the North Boundary line of lawndale Estates
Division No., Bonneville County, Idaho; thence N.000 35'42"E. 207.19 feet; thence
27O 23'04"W. 207.00 feet; thence N.62O 36'56"E. 120.00 feet; thence N.27O 23'04"
16.49 feet to a point of curve with a radius of 111.41 feet and a chord bearing
N.47O22'54"W. 76.20 feet; thence to the left along said curve 77.76 feet through a central
angle of 390 59'39"; thence N.22O 37'17"E. 151.92 feet; thence N.04O 10'36"W. 115.
feet; thence N.25O 35'43"E. 730.15 feet; thence N.89O 57'04"E. 192.03 feet; thence
00002'56"E. 7.00 feet; thence N.89O 57'04"E. 310.00 feet; thence S.00002'56"E. 8.
feet; thence N.89O 57'04"E. 200.00 feet to the POINT OF BEGINNING.
Containing 31.259 acres.
CORNERSTONE #4 LEGAL
BOUNDARY DESCRIPTION
Beginning at a point that is S87Q10'40"E 1454.45 feet and SOQOO'OO"
829.35 feet from the Northwest Corner of Sec. 14 , T.2N., R.38E.
Bonneville County, Idaho , said point of beginning being on the East line
of Lot 11 Block 8 , Lincoln Park Division No.4 and running thence
S89Q52'58"E 358.72 feet; thence SOOQ08'53"W 92.44 feet; thence
S89Q55'27"E 80.00 feet; thence SOOQ08'53"W 93.75 feet; thence
S89Q55'27"E 87.88 feet; thence NOOQ06'31"E 93.75 feet; thence
S89Q55'27"E 80.00 feet; thence SOOQ06'31"W 1233.10 feet to the
Northeast Corner of Cornerstone Community Division No.3; thence
N87Q19'04"W 788.08 feet along the North lines of said Division No.3 and
Lincoln Park Division No.5 to the Southeast corner of Cornerstone
Community Division No.2; thence N5Q18'13"E 225.37 feet to a point on
the East line of Lot 3 , Block 14 , of said Division No.2; thence
NOOQ04'33"E 755.71 feet along the East lines of said Division No.2 and
Cornerstone Community Division No.1; thence N32Q33'41"E 98.03 feet to
the Northeast Corner of said Division No.1; thence the following courses
along the East line of Lincoln Park Division No.4: 1) S57Q22'16"E 2.
feet; 2) N32Q37'44"E 60.00 feet; 3) N28Q23'33"E 115.62 feet; 4)
N14Q27'08"E 78.37 feet to the point of beginning containing 21.71 acres.
aBEnTDn
~lfO~mnr~~(FJOlfO~
Idaho Falls , Idaho
Exhibit A
LEGAL DESCRIPTION
FALL CREEK No.
Beginning at a point that is N8T10'51"74.16 feet along the Section line and NOoo43'27"
1017.9 feet along the West line of the Eastern Idaho Railroad right-of-way from the South
Quarter Comer of Section 11 , Township 2 North, Range 38 East of the Boise Meridian, said
point of beginning being the Northeast Comer of Fall Creek Subdivision No.3 Bonneville
County, Idaho, and running thence N8T31'13"1260.59 feet to the Northwest Comer of said
Fall Creek Subdivision Number 3 and a point on the Eastern line of the Original Townsite of
Lincoln, Bonneville County, Idaho; thence NOoo23'58"E 301.38 feet to the Southeast comer of
the Summerset Subdivision, Bonneville County, Idaho; thence NOoo 31'34"E 326.36 feet along
the East line of said Summerset Subdivision extended to the South line of Denise Subdivision
Division No., Bonneville County, Idaho; thence S8T13'13"E 1248.40 feet to the Southeast
comer of said Denise Subdivision Division No.1 and the West right-of-way line of the Eastern
Idaho Railroad; thence SOoo40'49"E 621.76 feet along said right-of-way to the point of
beginning containing 17.973 acres.
Trellis Square Division No.
Beginning at a point that is S.00006'55"E. along the Section line 412.00 feet from the Northwest comer of Section
, Township 2 North, Range 38 Eat of the Boise Meridian; running thence S.89O52' 18"E. 302.00 feet; thence
OooO7'42"E. 140.50 feet; thence S.89O52'18"E. 1102.17 feet; thence S.00007'42"W. 340.50 feet; thence
89O52'18"W. 1403.32 feet to the West line of said Section 15; thence N.00006'55"W. 200.00 feet to the POINT
OF BEGINNING. The portion of this legal description which is covered by this will serve letter is the Division
area containing 3.57 acres in the western portion of the property description.
Ammon-Lincoln Industrial Park Division No.
Beginning at a point that is N.00oOO'19"E. along the Section line 1259.42 feet and
89O52'18"W. 48.00 feet from the Southeast Comer of Section 10, Township 2 North, Range
38 East of the Boise Meridian, said point being the Northeast comer of Ammon-Lincoln
Industrial Park, Division No., Bonneville County, Idaho; running thence along the Boundary of
said Division No.2 the following three (3) courses: N.89O52'18"W. 656.29 feet; thence
00o O7'42"W. 161.82 feet; thence N.89O52'18"W. 86.01 feet; thence N.60025'43"W. 460.
feet to the West bank of Sand Creek; thence N.32O29'40"E. along said West bank 1360.01 feet;
thence N.23O11 '03"E. along said West bank 162.91 feet to the East-West Center Section line of
said Section 10; thence S.89O42'26"E. along said East-West Center Section line 348.97 feet;
thence S.00oOO'19"W. 1362.41 feet to the POINT OF BEGINNING. SUBJECT TO: existing
Canal Right-of-Way and easements of record. Containing 24.30 acres.
BOUNDARY DESCRIPTION
WOOD RIVER ESTATES , DIVISION NO.
Beginning at a point that is N.87O 47'O4"E. along the Section line 1163.64 feet from the Northwest
Corner of Section 13, Township 2 North , Range 38 East of the Boise Meridian , said point being the
Northeast Boundary corner of North Springs Subdivision, Division No., Bonneville County, Idaho;
running thence N.87O47'O4"E. along said Section line 566.73 feet; thence S.OOOO5'19"W. 1306.
feet; thence S.88O 31 '50"W. 566.48 feet to the East Boundary line of said North Springs Subdivision
Division No.1; thence N.00005'19"E. along said East Boundary line 1298.81 feet to the POINT OF
BEGINNING.
Containing 16.932 acres.
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Exhibit B . Engineer Opinion of Probable Project Cost We II ;it:q
It~o-, .I1iID.JJnIt Quan1it'l Unit Co Iotal CQ~
Const
New wen, 20~ cIIa. Cuing, approximately S5O feet lump SU~$223.050 5223,050
deep on future booster Station and tank site
Bullcffng pIping InGJudIng flowmeter, vatvea. aIr lump sLIm $26,000 $25,000
reliof. transduc8t. presaure guag... prelube line.
future chlOrination fnlectlon port & visible pIping
SIte piping includ"rng pipe. vaIve8, ftttinge, pump to lump sum $15,000 $15,000
waste, hookLiD to exlstlna svstem. etc.
Well buUdfng expandable for a boo$ter pump square feet 720 $160 $115,200
station and chlorination.
$55-:000300 Hp deep wen pump, column. VFD & controls lump 8um . 1 $55 000
~mBrgancy generator (sized to also operate future Jump sum $135,000 $135,000
booStOf' pumpa). traMfer swftd1 & dle$eI tank
FQnctna lineal fOOt 1050 9115 S15 750
'total estimated probati1e constructIOn coet $584,000
~ y
Out of POCk9t Costs
IOWA drilling pennit fees
Electrical costs that must be paid dlrectJy to Utah Power to get power to the site
Other utility costs that must be paid to get services to the site
Legal aervless associated wtth'tho project
. Advertisement costs
Not Included In SchIess COntrac,t
Extensive acquiGition asslstanco for water rlghw or property
ExtGflslve PUC ooordination such as for trips to Bois$ and etc.
Future SCADA hookup starting from II, termination panel
04192 Falls WaterOompany
Well No.9 and Well House Professional Services Con!ract
Crowley Road Connection South of Lincoln Road (12" Extension)
Item No.Item Unit Quantity Unit Cost Total Cost
New 12" water pipe lineal foot 280 $43 $12 040
New 12" tees, crosses, fittinCls per each $1,400 800
New 12" valves per each 500 500
Connection to existing system per each 000 000
Traffic control lump sum 000 000
Asphalt street repair lineal foot 300 $28 400
Total estimated probable construction cost $32 740
Total rounded to the nearest hundred $32,700
Engineering ~ 12% of construction 900
Total Estimated Probable Project Cost $36 600
Prepared by Schiess Associates 2/22/07
Ammon Road Industrial Park Extensions (6" Lines)
Item No.Item Unit Quantity Unit Cost Total Cost
New 6" water line lineal foot 600 $30 $18 000
New 10" tees, crosses , fittings per each 200 400
New valves 6"per each 000 000
New 6" tees, crosses, fittings per each $800 $2,400
Fire hydrants per each 000 000
Connection to existing system per each 000 $12 000
Canal/storm sewer crossing per each 000 000
Traffic control lump sum 000 000
Asphalt street repair lineal foot 230 $28 $6,440
Total estimated probable construction cost $52 240
Total (rounded)$52,200
Engineering ~ 12% of construction $6,300
Total Estimated Probable Project Cost $58 500
Prepared by Schiess Associates 2/22/07
Hitt Road Extension From Lincoln Road to Lincoln Industrial Park (10" Extension)
Item No.Item Unit Quantity Unit Cost Total CostNew 1 0" water line lineal foot 300 $38 $49,400New 12" tees, crosses, fittings per each $1,400 800New 10" tees, crosses, fittings per each 200 600New 12" valves per each 500 500New 10" valves per each $1 ,400 800New 8" valves per each 200 200Connection to existing system per each 000 000Traffic control lump sum 000 000Asphalt repair lineal foot 000 $28 $28 000Pit type flush hydrant per each $800 $800Total estimated probable construction cost $111 100Total (rounded)$111,100Engineering ~ 10% of construction $11 100Total Estimated Probable Project Cost $122 200
Prepared by Schiess Associates 2/22/07
lona Road West from Seminary Bldg. to Pinnacle Dr. (12" Extension)
Item No.Item Unit Quantity Unit Cost Total Cost
New 12" water line lineal foot 2400 $43 $103 200
New 8" water line lineal foot 580 $34 $19 720
New 6" water line lineal foot $30 800
Fire hydrants per each 000 000
New 12" tee, crosses, fittings per each $1 ,400 200
New 8" tee, crosses, fittinqs per each 000 000New 12" valves per each 500 500
New 8" valves per each 200 $2,400
New 6" valves per each 000 000
1" meter pits per each $600 200
1" taps to new line w Corp. stops per each $250 000
Bore services lineal foot 500 $12 000
Connect services per each $250 000
1" pipe for services lineal foot 1200 $10 $12 000
Disconnection & cap 2" sarqent well line per each 000 000
Connect to existing system per each 000 000
Traffic control lump sum $10 000 $10 000
Asphalt street repair lineal foot 3200 $28 $89 600
Total estimated probable construction cost $291 620
Total rounded to the nearest hundred $291 600Engineering ~ 8% of construction $23,300
Total Estimated Probable Project Cost I $314 900
Prepared by Schiess Associates 2/22/07