**(b)(3) 12 Alternative Worked Examples**

Below are descriptions and explanations of qualitative scores for 12
hypothetical examples of likely water acquisitions. The quantitative
scores for NPV of Costs, Unit Costs, Annualized Costs, 2X Absolute, 2X
Distributed, Life Stage, and Flow Value may be found in Worked Example
Workbook.

Assumptions for these worked examples include:

-   Below normal water year

-   This is a March 1 run of the DSM

-   Durations of non-spot market acquisitions are assumed to be at most
    20 years.

-   Assumptions for conjunctive use capital costs, unless otherwise
    noted

```{=html}
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```
-   \$750,000 of capital costs for one well that produces 1,250 AF/year

-   \$25 to pump one AF of water

+-------------------+--------------------------------------------------+
| #####             |                                                  |
| ## #1 - Antelope  |                                                  |
| Creek Conjunctive |                                                  |
|                   |                                                  |
| Assume there is   |                                                  |
| safe yield of the |                                                  |
| aquifer for 5 cfs |                                                  |
| for any 61 days   |                                                  |
| in the water      |                                                  |
| year. Water is    |                                                  |
| needed in April   |                                                  |
| (Crit), May       |                                                  |
| (Crit, Dry), and  |                                                  |
| June (Crit, Dry,  |                                                  |
| BN, AN). The      |                                                  |
| proposed          |                                                  |
| acquisition is    |                                                  |
| for 5 cfs each    |                                                  |
| month in April    |                                                  |
| and May, in all   |                                                  |
| but Wet and AN    |                                                  |
| water years for a |                                                  |
| 20 year period.   |                                                  |
| The total amount  |                                                  |
| of water provided |                                                  |
| would be          |                                                  |
| approximately     |                                                  |
| 6,700 AF.         |                                                  |
| Interior will     |                                                  |
| install a well    |                                                  |
| and pay for the   |                                                  |
| pumping costs.    |                                                  |
| Water delivery    |                                                  |
| infrastructure    |                                                  |
| already exists.   |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | 8 -- wells are available for local use and money |
| Impacts           | from construction and O&M of the wells stays in  |
|                   | the local area; there is some uncertainty of     |
|                   | availability of ground water.                    |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 0                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- upstream migration is facilitated in        |
| Impairment        | virtually all water year types.                  |
+-------------------+--------------------------------------------------+
| Ecological        | 8 -- long duration of flow benefits.             |
| Improvement       |                                                  |
+-------------------+--------------------------------------------------+
| Scientific        | 8 -- the long duration of a conjunctive use      |
| Information       | project makes it possible to conduct studies.    |
+-------------------+--------------------------------------------------+
| Water Rights      | 8 -- there are potential conflicts.              |
+-------------------+--------------------------------------------------+
| Political         | 6 -- some modest additional water supply would   |
| Acceptance        | be developed                                     |
+-------------------+--------------------------------------------------+
| Public Acceptance | 6 -- there is a modest improvement for overall   |
|                   | water supplies.                                  |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 2 -- a full EIS/EIR is needed and CA Water Code  |
| Table             | Section 1707 applies.                            |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+

+-------------------+--------------------------------------------------+
| **#2 - Mill Creek |                                                  |
| Spot**            |                                                  |
|                   |                                                  |
| 1,500 AF are      |                                                  |
| available for a   |                                                  |
| spot market       |                                                  |
| transfer at       |                                                  |
| \$150/AF. Water   |                                                  |
| is needed in May  |                                                  |
| (Crit) and June   |                                                  |
| (Crit, Dry, BN).  |                                                  |
| The proposed      |                                                  |
| acquisition is 25 |                                                  |
| cfs in June for   |                                                  |
| approximately     |                                                  |
| 1,500 in total.   |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | -1 -- this is only a 1 year transaction; It is   |
| Impacts           | anticipated there will be no fallowing or 1 year |
|                   | fallowing of a low value crop                    |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 1                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- one year benefit will not permanently       |
| Impairment        | washout sandbar                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- only one year of additional flow            |
| Improvement       |                                                  |
+-------------------+--------------------------------------------------+
| Scientific        | 0 -- only one year of additional flow which is   |
| Information       | not long enough to conduct studies.              |
+-------------------+--------------------------------------------------+
| Water Rights      | 10 -- spot market indicates a surplus of         |
|                   | marketable water                                 |
+-------------------+--------------------------------------------------+
| Political         | 10 -- small amount of water in the spring and no |
| Acceptance        | fallowing                                        |
+-------------------+--------------------------------------------------+
| Public Acceptance | 10 -- small amount of water in the spring        |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 10 -- one year; no SWRCB process is needed and a |
| Table             | FONSI would be likely                            |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+
| **#3 - Mill Creek |                                                  |
| Purchase**        |                                                  |
|                   |                                                  |
| 6 cfs each month  |                                                  |
| for 6 months from |                                                  |
| April through     |                                                  |
| September for     |                                                  |
| deliveries        |                                                  |
| equivalent to     |                                                  |
| approximately     |                                                  |
| 2,200 AF          |                                                  |
| annually. The     |                                                  |
| proposed          |                                                  |
| acquisition is    |                                                  |
| for 20 years      |                                                  |
| (total of         |                                                  |
| approximately     |                                                  |
| 44,000 AF) with   |                                                  |
| an asking price   |                                                  |
| of \$4,000,000    |                                                  |
| (about            |                                                  |
| \$1,818/AF).      |                                                  |
| Water is needed   |                                                  |
| only in May       |                                                  |
| (Crit) and June   |                                                  |
| (Crit, Dry, BN).  |                                                  |
| Water in the      |                                                  |
| other months will |                                                  |
| not have direct   |                                                  |
| fish value, but   |                                                  |
| will help with    |                                                  |
| other habitat     |                                                  |
| conditions and    |                                                  |
| fishes.           |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | -4 -- 300 acres of orchard would be permanently  |
| Impacts           | fallowed (taken out)                             |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 1                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- this is a small amount of water that would  |
| Impairment        | not be available during the fall migration       |
|                   | period.                                          |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- small volume of water and limited season of |
| Improvement       | use                                              |
+-------------------+--------------------------------------------------+
| Scientific        | 2 small amount of water available only from      |
| Information       | April through September                          |
+-------------------+--------------------------------------------------+
| Water Rights      | 7 -- of the need to go to the State Water        |
|                   | Resources Control Board                          |
+-------------------+--------------------------------------------------+
| Political         | 6 -- there are very modest levels of fallowing   |
| Acceptance        |                                                  |
+-------------------+--------------------------------------------------+
| Public Acceptance | 8 -- there is strong public support for          |
|                   | restoration                                      |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 4 -- simple environmental documents are needed,  |
| Table             | but there is likely a complicated 1707 process.  |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+

+-------------------+--------------------------------------------------+
| **#4 - Deer Creek |                                                  |
| Spot**            |                                                  |
|                   |                                                  |
| Water is needed   |                                                  |
| in May (Crit,     |                                                  |
| Dry) and June     |                                                  |
| (all water        |                                                  |
| years). The       |                                                  |
| proposed          |                                                  |
| acquisition is to |                                                  |
| deliver 10 cfs in |                                                  |
| both months for a |                                                  |
| total of 1,200 AF |                                                  |
| at \$150/AF.      |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | -1 -- this is a one year spot market; there      |
| Impacts           | would be no fallowing or 1 year fallowing of a   |
|                   | low value crop                                   |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 1                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- one year benefit will not permanently       |
| Impairment        | washout sandbar                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- only one year of increased flow             |
| Improvement       |                                                  |
+-------------------+--------------------------------------------------+
| Scientific        | 0 -- only one year of increased flow that does   |
| Information       | not offer a good chance to conduct studies.      |
+-------------------+--------------------------------------------------+
| Water Rights      | 10 -- it is spot                                 |
+-------------------+--------------------------------------------------+
| Political         | 10 -- small amount of water in the spring only   |
| Acceptance        | and no fallowing                                 |
+-------------------+--------------------------------------------------+
| Public Acceptance | 10 -- small amount of water in the spring        |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 10 -- one year; no SWRCB process and a FONSI     |
| Table             | would be likely                                  |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+

+-------------------+--------------------------------------------------+
| ####### #5 -      |                                                  |
|  Deer Creek Lease |                                                  |
|                   |                                                  |
| Seller is willing |                                                  |
| to substitute     |                                                  |
| groundwater in    |                                                  |
| March through     |                                                  |
| June from an      |                                                  |
| existing well. A  |                                                  |
| total of 1,200 AF |                                                  |
| can be pumped at  |                                                  |
| the rate of up to |                                                  |
| but not exceeding |                                                  |
| 300 AF per month  |                                                  |
| (approximately    |                                                  |
| 4.9 cfs each      |                                                  |
| month). Water is  |                                                  |
| needed in May     |                                                  |
| (Crit, Dry) and   |                                                  |
| June (all water   |                                                  |
| years). The       |                                                  |
| proposed          |                                                  |
| acquisition is to |                                                  |
| deliver 4.9 cfs   |                                                  |
| in March through  |                                                  |
| June, but fish    |                                                  |
| benefits only     |                                                  |
| accrue in May and |                                                  |
| June, while the   |                                                  |
| overall habitat   |                                                  |
| and other fishes  |                                                  |
| benefit in March  |                                                  |
| and April. The    |                                                  |
| proposed price is |                                                  |
| \$60/AF to lease  |                                                  |
| this water right  |                                                  |
| for 20 years for  |                                                  |
| approximately     |                                                  |
| 24,000 AF total.  |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | 0 -- ground water is substituted                 |
| Impacts           |                                                  |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 1                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 10 -- volume and period of water is at the       |
| Impairment        | discretion of the buyer.                         |
+-------------------+--------------------------------------------------+
| Ecological        | 8 -- discretionary, moderate amount of water     |
| Improvement       |                                                  |
+-------------------+--------------------------------------------------+
| Scientific        | 8 -- long term and as much as 300 AF per month,  |
| Information       | which is significant relative to size of creek.  |
+-------------------+--------------------------------------------------+
| Water Rights      | 7 -- of the need to go to the State Water        |
|                   | Resources Control Board                          |
+-------------------+--------------------------------------------------+
| Political         | 8 -- ground water substitution, but groundwater  |
| Acceptance        | would be leaving the watershed.                  |
+-------------------+--------------------------------------------------+
| Public Acceptance | 8 -- this transaction is a groundwater           |
|                   | substitution with a cap                          |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 6 -- simple EIR/EIS and no 1707 process is       |
| Table             | needed.                                          |
+-------------------+--------------------------------------------------+

+-------------------+--------------------------------------------------+
| **#6 - Butte      |                                                  |
| Creek Water Right |                                                  |
| Purchase**        |                                                  |
|                   |                                                  |
| The water right   |                                                  |
| is for 6 cfs each |                                                  |
| month for 6       |                                                  |
| months (April     |                                                  |
| through           |                                                  |
| September)        |                                                  |
| approximately     |                                                  |
| 2,200 AF annually |                                                  |
| or 44,000 AF over |                                                  |
| 20 years. Water   |                                                  |
| is needed in all  |                                                  |
| months except     |                                                  |
| January and       |                                                  |
| February. The     |                                                  |
| asking price is   |                                                  |
| \$3,500,000       |                                                  |
| (approximately    |                                                  |
| \$1607/AF). There |                                                  |
| is no fish need   |                                                  |
| -- the doubling   |                                                  |
| goal has been met |                                                  |
| in Butte Creek.   |                                                  |
| However, the      |                                                  |
| water will help   |                                                  |
| sustain current   |                                                  |
| population and    |                                                  |
| benefit overall   |                                                  |
| instream habitat  |                                                  |
| and other fishes. |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | -1 -- 200 acres of rice fallowed                 |
| Impacts           |                                                  |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 1                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- this is a small amount of water that is not |
| Impairment        | available during fall migration period.          |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- small volume of water and limited season of |
| Improvement       | use                                              |
+-------------------+--------------------------------------------------+
| Scientific        | 2 small amount of water available only from      |
| Information       | April to September                               |
+-------------------+--------------------------------------------------+
| Water Rights      | 7 -- this stream is adjudicated and the subject  |
|                   | right is only mid-priority                       |
+-------------------+--------------------------------------------------+
| Political         | 2 -- there is existing political opposition      |
| Acceptance        |                                                  |
+-------------------+--------------------------------------------------+
| Public Acceptance | 8 -- strong public support for fisheries         |
|                   | restoration                                      |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 8 -- simple environmental documents are needed   |
| Table             | and no 1707 process is required                  |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+
| **#7 - Yuba River |                                                  |
| Options**         |                                                  |
|                   |                                                  |
| 20,000 AF are     |                                                  |
| stored and        |                                                  |
| available on      |                                                  |
| demand each year  |                                                  |
| for this proposed |                                                  |
| options contract. |                                                  |
| The cost is \$90  |                                                  |
| per AF when the   |                                                  |
| option is         |                                                  |
| exercised and \$5 |                                                  |
| per AF when the   |                                                  |
| option is not     |                                                  |
| exercised. Assume |                                                  |
| options are       |                                                  |
| exercised in BN,  |                                                  |
| Dry, and Crit     |                                                  |
| years over a 20   |                                                  |
| year period such  |                                                  |
| that 27 cfs are   |                                                  |
| delivered each    |                                                  |
| month. The total  |                                                  |
| amount of water   |                                                  |
| delivered over    |                                                  |
| the course of the |                                                  |
| 20 years would be |                                                  |
| approximately     |                                                  |
| 274,000 AF.       |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | -2 -- uncertainty of when options would be       |
| Impacts           | exercised and constraint on future development;  |
|                   | Exercise option 5 out 20 years                   |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 0                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 4 -- 5 out of 20 years, flow is allocated during |
| Impairment        | fall migration; facilitates fish ladder at       |
|                   | DeGuerre Point Dam                               |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- relatively small volume of water available  |
| Improvement       | only 5 out of 20 years                           |
+-------------------+--------------------------------------------------+
| Scientific        | 2 -- only 5 out of 20 years; only 20,000 AF; but |
| Information       | there is flexibility associated with a storage   |
|                   | release                                          |
+-------------------+--------------------------------------------------+
| Water Rights      | 10 -- assume a senior right                      |
+-------------------+--------------------------------------------------+
| Political         | 10 -- existing politically supported practice by |
| Acceptance        | the water district and all members of board of   |
|                   | water district also are county supervisors.      |
+-------------------+--------------------------------------------------+
| Public Acceptance | 6 -- of uncertainty of when the option will be   |
|                   | exercised                                        |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 5 -- water district has considerable experience  |
| Table             | and no 1707                                      |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+

+-------------------+--------------------------------------------------+
| **#8 - Mokelumne  |                                                  |
| River Spot**      |                                                  |
|                   |                                                  |
| 2,000 AF of water |                                                  |
| are available for |                                                  |
| a spot market     |                                                  |
| purchase at       |                                                  |
| \$180/AF. There   |                                                  |
| is no fish need   |                                                  |
| as the Mokelumne  |                                                  |
| River has         |                                                  |
| currently met its |                                                  |
| doubling goal.    |                                                  |
| However, the      |                                                  |
| proposed          |                                                  |
| acquisition for   |                                                  |
| 11 cfs delivered  |                                                  |
| each month in     |                                                  |
| April, May, and   |                                                  |
| June would help   |                                                  |
| support           |                                                  |
| sustaining        |                                                  |
| current           |                                                  |
| populations and   |                                                  |
| benefit the       |                                                  |
| overall habitat   |                                                  |
| and other fishes. |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | 0 -- spot; no fallowing; landowner groundwater   |
| Impacts           | substitution from private wells                  |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 0                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- one year spring benefits tied to diversion  |
| Impairment        | dam                                              |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- one year only                               |
| Improvement       |                                                  |
+-------------------+--------------------------------------------------+
| Scientific        | 0 -- one year only                               |
| Information       |                                                  |
+-------------------+--------------------------------------------------+
| Water Rights      | 9 -- assume surplus has been declared            |
+-------------------+--------------------------------------------------+
| Political         | 5 -- assume price results in no fallowing        |
| Acceptance        |                                                  |
+-------------------+--------------------------------------------------+
| Public Acceptance | 5 -- no fallowing is likely to occur             |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 10 -- one year; no SWRCB process and a FONSI     |
| Table             | would be likely                                  |
+-------------------+--------------------------------------------------+
| #######           |                                                  |
+-------------------+--------------------------------------------------+
| ######            |                                                  |
| # #9 - Mokelumne  |                                                  |
| River Conjunctive |                                                  |
|                   |                                                  |
| The proposed      |                                                  |
| acquisition is a  |                                                  |
| conjunctive use   |                                                  |
| project requiring |                                                  |
| wells to be       |                                                  |
| installed to pump |                                                  |
| 50 cfs per month  |                                                  |
| in May and June   |                                                  |
| of Crit, Dry, and |                                                  |
| BN water years    |                                                  |
| within a 20 year  |                                                  |
| period. Pumping   |                                                  |
| costs are \$40/AF |                                                  |
| -- groundwater    |                                                  |
| levels are lower  |                                                  |
| in this           |                                                  |
| watershed. The    |                                                  |
| total amount of   |                                                  |
| water delivered   |                                                  |
| in this proposed  |                                                  |
| acquisition would |                                                  |
| be approximately  |                                                  |
| 66,500 AF. There  |                                                  |
| is no fish need   |                                                  |
| as the Mokelumne  |                                                  |
| River has         |                                                  |
| currently met its |                                                  |
| doubling goal.    |                                                  |
| However, the      |                                                  |
| proposed          |                                                  |
| acquisition would |                                                  |
| meet the needs of |                                                  |
| the overall       |                                                  |
| habitat and other |                                                  |
| fishes. Well      |                                                  |
| costs for 50 cfs  |                                                  |
| (equals           |                                                  |
| approximately     |                                                  |
| 5,940 AF per 60   |                                                  |
| days) in May and  |                                                  |
| June in 9 out of  |                                                  |
| 20 years (the dry |                                                  |
| and critically    |                                                  |
| dry years).       |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | 8 -- money and wells available for local use and |
| Impacts           | money stays in local area; money is only         |
|                   | generated 9 out of 20 years.                     |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 0                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 8 -- the impairment due to diversion dam can be  |
| Impairment        | over come in 9 years due to project operation    |
|                   | and in 3 wet years                               |
+-------------------+--------------------------------------------------+
| Ecological        | 8 -- critical cfs would effectively be available |
| Improvement       | in all years where water is needed to overcome   |
|                   | impairment                                       |
+-------------------+--------------------------------------------------+
| Scientific        | 4 -- 9 out of 20 years, but only 50cfs           |
| Information       |                                                  |
+-------------------+--------------------------------------------------+
| Water Rights      | 10 -- assume safe yield exists                   |
+-------------------+--------------------------------------------------+
| Political         | 6 -- assume some local increase in water supply  |
| Acceptance        | and safe yield                                   |
+-------------------+--------------------------------------------------+
| Public Acceptance | 8 -- new water supplies are developed            |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 2 -- EIS/EIR likely to be required and a water   |
| Table             | right change would be required, including 1707   |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+

+-------------------+--------------------------------------------------+
| **#10 -           |                                                  |
| Stanislaus River  |                                                  |
| Lease**           |                                                  |
|                   |                                                  |
| A system          |                                                  |
| re-regulation at  |                                                  |
| New Melones Dam   |                                                  |
| through a         |                                                  |
| cooperative       |                                                  |
| agreement with    |                                                  |
| the Bureau would  |                                                  |
| allow 5,000 AF    |                                                  |
| (6.9 cfs per      |                                                  |
| month) of water   |                                                  |
| to be available   |                                                  |
| on demand         |                                                  |
| annually. The     |                                                  |
| proposed          |                                                  |
| acquisition would |                                                  |
| yield             |                                                  |
| approximately     |                                                  |
| 100,000 AF over   |                                                  |
| 20 years at a     |                                                  |
| price of          |                                                  |
| \$1,500/AF.       |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | -2 -- 800 acres of low value crop would be       |
| Impacts           | fallowed                                         |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 0                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- small amount of water relative to the       |
| Impairment        | watershed                                        |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- small amount of water                       |
| Improvement       |                                                  |
+-------------------+--------------------------------------------------+
| Scientific        | 3 -- small volume of water even though available |
| Information       | in all years                                     |
+-------------------+--------------------------------------------------+
| Water Rights      | 10 -- assume the right is pre 1914 and high      |
|                   | priority                                         |
+-------------------+--------------------------------------------------+
| Political         | 6 -- assuming 800 acres would be fallowed        |
| Acceptance        |                                                  |
+-------------------+--------------------------------------------------+
| Public Acceptance | 6 -- assuming 800 acres would be fallowed        |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 2 -- full environmental documentation and 1707   |
| Table             |                                                  |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+
| **\# 11 - Merced  |                                                  |
| River Spot**      |                                                  |
|                   |                                                  |
| The proposed spot |                                                  |
| market purchase   |                                                  |
| is 10,000 AF or   |                                                  |
| 83 cfs per month  |                                                  |
| in April and May  |                                                  |
| at \$150/AF.      |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | 0 -- spot; no fallow due to sufficient storage   |
| Impacts           |                                                  |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 0                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- only one year spring flow benefits          |
| Impairment        | associated with overcoming gravel pits           |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- one year only                               |
| Improvement       |                                                  |
+-------------------+--------------------------------------------------+
| Scientific        | 0 -- one year only                               |
| Information       |                                                  |
+-------------------+--------------------------------------------------+
| Water Rights      | 8 -- of spot market but not highest priority     |
+-------------------+--------------------------------------------------+
| Political         | 10 -- assume water district declared surplus, no |
| Acceptance        | local shortages                                  |
+-------------------+--------------------------------------------------+
| Public Acceptance | 10 -- declared surplus by water district         |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 10 -- one year no SWRCB process and a FONSI      |
| Table             | would be likely                                  |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+

+-------------------+--------------------------------------------------+
| **#12 - Merced    |                                                  |
| River Option**    |                                                  |
|                   |                                                  |
| 20,000 AF of      |                                                  |
| stored water is   |                                                  |
| available on      |                                                  |
| demand under an   |                                                  |
| options contract. |                                                  |
| The exercise      |                                                  |
| price is \$90/AF  |                                                  |
| and the options   |                                                  |
| price is \$5/AF.  |                                                  |
| The proposed      |                                                  |
| acquisition is    |                                                  |
| 2.15 cfs per      |                                                  |
| month each year   |                                                  |
| for 20 years in   |                                                  |
| all but Wet water |                                                  |
| years. The total  |                                                  |
| amount of water   |                                                  |
| annually would be |                                                  |
| approximately     |                                                  |
| 1,600 AF/year and |                                                  |
| 20,000 for the    |                                                  |
| duration of the   |                                                  |
| contract.         |                                                  |
+-------------------+--------------------------------------------------+
| Local Economic    | -6 -- 5 out of 20 years; 5000 acres of low value |
| Impacts           | crops are fallowed and some jobs are loss.       |
+-------------------+--------------------------------------------------+
| Endangered Sp.    | 0                                                |
| Benefit           |                                                  |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- 5 out 20; water on demand from storage;     |
| Impairment        | gravel pit entrainment is reduced 15 out of 20   |
|                   | years                                            |
+-------------------+--------------------------------------------------+
| Ecological        | 2 -- relatively small volume of water available  |
| Improvement       | only 5 out of 20 years                           |
+-------------------+--------------------------------------------------+
| Scientific        | 6 -- 15 of 20 years and 20,000 of stored water   |
| Information       |                                                  |
+-------------------+--------------------------------------------------+
| Water Rights      | 9 we assume a high priority right                |
+-------------------+--------------------------------------------------+
| Political         | 6 -- we are proposing to exercise 15 out of 20   |
| Acceptance        | years and some local hardship would be expected. |
+-------------------+--------------------------------------------------+
| Public Acceptance | 8 -- recent history of water sales (comfort      |
|                   | level)                                           |
+-------------------+--------------------------------------------------+
| Regulatory Time   | 4 -- no history of options on the Merced; full   |
| Table             | environmental documentation is required, but no  |
|                   | 1707                                             |
+-------------------+--------------------------------------------------+
|                   |                                                  |
+-------------------+--------------------------------------------------+