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all those pieces come together.
<br />° The next question: what effect would a vote in May 2009 on water sales have on Irving in
<br />relation to your schedule and the MOU, and if the contract is done, what would be a reasonable
<br />time frame for the taking of water?
<br />Well, let me talk about an election in May, and how that works.
<br />First of all, let me tell you something our mayor said, when he came in and made a
<br />presentation, was that what happens in Paris with Paris' water is Paris' business. OK? The city of
<br />Paris and the citizens of this community, if a vote is what it takes, that is your decision. That lies
<br />in your community and how you wish to do that. Would a vote in May negatively impact us?
<br />Well, we hope that it would be positive, and the right terms, and all that. But I do not think that is
<br />a problem in terms of our overall schedule, OK?
<br />Again, the only way this contract works, the only way this really comes together, and we've go
<br />to talk long -term relationships and long -term deals, it has to make sense for Paris. It needs to
<br />make sense for both of us. Make financially resource preservation, all those issues. This has got
<br />to make sense for both of us. If the City Council of Paris has made the decision that an election
<br />will be required, those are the rules of the game; we're there. We obviously have an opinion on
<br />that. We want to buy water, on the right terms, but those are local decisions that have to be
<br />respected by us. And no, it wouldn't impact our ability to make the project feasible. We're a good
<br />ways away from building a pipeline and ...
<br />Question: How far away, supposing you get a positive response?
<br />Todd Reck: At least five years, probably more like seven, by the time we get through the
<br />permitting processes and acquire the easements and design the pipelines ...
<br />Jim Cline: It's a couple years to build it, a couple years to design it, a couple years to permit it.
<br />So, those couples turn into a lot, depending on how the public input goes, and the agency review
<br />time, and all the issues, and there are a lot of moving pieces with this. But that's the kind of
<br />timeline you're talking about.
<br />Todd Reck: When we built that second phase, that line on the map in blue, 33 miles, 72 -inch
<br />pipeline, it's about a five -year project from beginning to end, and that was moving really fast on
<br />a lot of things. That's a best -case scenario I'd say.
<br />Jim Cline: But that was design and construction?
<br />Todd Reck: Right. That's planning, picking the route, acquiring the easements, design, all the
<br />different steps.
<br />Todd Reck: 84, the first phase, we can get 220 million gallons a day through that line. That
<br />would require some other pump station improvements. The line itself can accommodate 220
<br />million gallons a day.
<br />Jim Cline: And as I said before, there is room for a second pipeline in the same corridor
<br />without the acquisition of new easements.
<br />Question: Out of curiosity, have you put any thought into, with a positive response from both
<br />Oklahoma and Pat Mayse, or Paris, what the pipeline size would be from here to Cooper?
<br />Jim Cline: Don't know. It's probably on the same order of magnitude. There are other pieces
<br />that factor into this, and once more I'd just say stay tuned and see how things develop. That's all I
<br />would say at this point.
<br />Todd Reck: There are a lot of iterations we are looking at on pipeline size, and routing, and
<br />trying to factor in all these different combinations and how it would work.
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