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October 26, 2020 <br />Owners’ Proposal to Swap Project-Owned Parcels <br />OIN Fee Title Needed to <br />Purchase for Project <br /> OIN Project Owned <br />Remnant Acres <br />525 29.87 880 126.50 <br />882 47.63 884 72.40 <br />886 67.19 885 92.20 <br />8938 23.55 <br />Total 168.24 Total 291.1 <br /> Severance $77,784 <br /> <br />$5,800/A = $975,792 <br /> <br />$77,784 Severance <br /> <br />Total = $1,053,576 <br /> <br /> <br />$6,000/A = $1,746,600 <br />(79% increase) <br />$77,784 Severance <br /> <br />Total = $1,824,384 <br /> <br />• This proposal was rejected by the CCJWRD at a previous meeting <br />• Multiple scenarios have been presented the owners for consideration. But a land swap <br />is their only proposed approach. <br />• The Krogh’s will be addressing the CCJWRD at their meeting on the 22nd of October. <br />o Nancy addressed the Board. Made statements about quality of land swap <br />• Ken and the Krogh’s attorney spoke on the 26th and the Krogh’s are working up a land <br />trade that Ken thinks may be acceptable to the Board. <br />Page 5 of 48 11/02/2020