V V Water Company, LLC

Water for a people in need.

Well e

1. DELIVERABILITY –THE WATER IS PRODUCABLE IN GREAT VOLUMES AND CONTINUOUSLY RENEWABLE, INCLUDING ALL

NECESSARY PERMITS FOR PRODUCTION AND TRANSPORT FROM WELL FIELD TO SALES SITE IF NEEDED.

2. FEASIBLE –THE INFRASTRUCTURE IS ENGINEERED FROM [A] WELL FIELD, TO [B] PIPELINE AND PUMP STATIONS TO [C] STORAGE AND SALES POINT AND CAN BE CONSTRUCTED IN A SPECIFIC TIME FRAME AND FOR

A SPECIFIC COST.3. AFFORDABILITY –

THE COST OF THE WATER IS [A] COST EFFICIENT (LESS EXPENSIVE), [B] IN AS GREAT OR GREATER VOLUME AND [C] IS THERE REGARDLESS OF CONDITION (DRAUGHT) VERSUS COMPETING SYSTEMS.

A. DELIVERABILITY –

THE WATER IS PRODUCABLE IN GREAT VOLUMES, HIGH QUALITY, AND IS CONTINUOUSLY RENEWABLE, THIS INCLUDES ALL NECESSARY PERMITS FOR

PRODUCTION AND TRANSPORT FROM WELL FIELD TO SALES SITE.

B. FEASIBLITY –

THE INFRASTRUCTURE IS ENGINEERED FROM [1] WELL FIELD, TO [2] PIPELINE AND PUMP STATIONS TO [3] STORAGE AND SALES POINT AND CAN BE CONSTRUCTED IN A SPECIFIC TIME FRAME AND FOR A SPECIFIC COST.

C. AFFORDABILITY –

THE PRICE OF THE WATER IS [1] COST EFFICIENT (LESS EXPENSIVE); [2] IN AS GREAT OR GREATER VOLUME; AND [3] IS PRODUCABLE REGARDLESS OF

CONDITION (ie. DROUGHT) VERSUS COMPETING SYSTEMS.

Source: Texas Water Development Board Report 172

V. V. Water Company, LLC

Water for a people in need.

V. V. Water Company, LLC

Water for a people in need.

Well TCEQ Pump Arsenic Radium Chloride Fluoride Sulfate TDSNumber Date GPM MCL = 0.01 MCL = 5pc/L MCL = 300 MCL = 2.0 MCL = 300 MCL = 1,000

3 04/18/13 650 0.00612 5.18 1,430 1.45 618 3,230

4 04/19/13 650 0.01430 4.38 1,090 1.06 325 2,850

6 07/11/13 500 0.02350 3.10 124 1.58 263 764

7 04/18/13 650 0.00909 1.44 661 441 2,020

8 04/19/13 650 0.01340 4.22 661 441 2,020

9 07/11/13 500 0.02540 2.09 171 2.10 205 853

10 07/11/13 500 0.02620 5.19 66 2.31 200 735

11 04/19/13 650 0.01700 652 1.49 468 2,140

12 04/19/13 650 0.01340 3.83 1,370 1.32 571 3,440

13 07/11/13 500 0.01990 5.42 160 1.79 238 884

14 07/11/13 500 0.02560 4.64 81 2.69 163 721

16 07/11/13 500 0.02420 1.90 168 1.38 318 930

18 04/19/13 150 0.02380 3.15 92 3.36 354 882

19 04/19/13 125 0.02090 2.54 145 3.07 400 1,170

20 07/11/13 500 0.02670 4.05 231 0.95 363 1,080

22 07/11/13 500 0.02730 6.49 72 2.70 187 627

23 07/11/13 500 0.02060 172 1.54 271 926

24 04/19/13 500 0.01900 ND 363 1.48 265 1,150

25 04/19/13 100 0.00814 2.32 1,240 1.88 650 2,900

26 04/18/13 500 16.2 GA 2,220 2.37 1,090 5,680

27 04/18/13 650 0.00770 1,340 1.61 728 3,770

29 04/19/13 650 0.01450 2.61 66 1.52 258 810

30 04/19/13 650 0.02710 4.78 148 2.76 201 748

31 04/19/13 650 0.01580 1.71 58 2.36 302 779

32 04/19/13 650 0.02270 2.60 87 0.87 274 770

33 04/19/13 650 0.01790 3.77 77 1.29 289 823

35 04/19/13 650 0.02250 ND 153 2.09 636 1,410

36 04/19/13 650 0.01550 55 2.68 162 626

41 04/19/13 650 0.01550 1.85 98 2.08 279 802

42 04/18/13 650 0.00902 ND 93 2.27 302 814

44 04/18/13 650 0.00964 3.79 143 1.98 283 91945 04/18/13 650 0.00751 160 2.51 296 989

46 04/19/13 650 0.00707 17.1 GA 764 1.08 456 2,160

48 04/19/13 650 0.01900 8.06 83 1.23 268 732

52 04/19/13 500 0.03600 96 1.64 323 833

53 04/19/13 650 0.01800 183 1.34 342 967

54 04/19/13 650 0.02190 77 0.80 257 750

55 07/11/13 650 0.01800 560 3.06 373 1,480

57 04/19/13 650 0.01132 116 1.67 255 822

58 04/19/13 650 0.02780 249 1.65 249 1,000

59 04/19/13 650 0.01570 607 324 1,920

60 04/19/13 650 0.01710 591 336 2,010

Weighted Average Contaminant Level #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Total Gal. Per Min. 23,925 Total Gallons Per Day 34,452,000

Midland County Fresh Water District #1Water Quality Report for T-Bar Ranch Field – Completed by Xenco Labs.

TCEQ Primary TCEQ Secondary Contaminants

Water Quality Report prepared for TCEQ by Daniel Stephens – CRMWD Ward County North Well Field – D Series Wells

Well # GPM Bicarbonate Sodium Chloride pH Sulfate Total Alk CACO3 TDS Hardness CaMg

D-1 1,300 173 333 605 7.47 205 173 1540 377

D-2 400 148 173 373 7.61 59.2 148 872 290

D-3 1,000 164 254 354 7.66 138 164 1010 188

D-4 400 191 487 800 7.29 403 191 2570 515

D-5 700 186 85.2 121 7.80 89.6 186 424 194

D-6 1,400 172 507 875 7.46 216 172 2720 369

D-7 1,600 172 103 120 7.54 112 172 532 218

D-8 400 162 227 296 7.50 157 162 1150 315

D-9 900 191 935 1380 7.55 585 191 3500 613

D-10 1,600 189 331 492 7.81 193 189 1190 329

D-11 800 167 128 189 8.41 122 167 480 256

D-12 900 182 374 692 7.59 235 182 1700 473

D-13 1,600 194 322 485 7.72 199 194 1280 323

D-14 1,600 168 280 496 7.83 166 168 1420 403

D-15 400 180 159 217 7.73 147 180 690 280

D-17 600 192 573 781 7.73 320 192 2130 447

D-18 700 161 78.2 74.6 7.82 131 161 488 234

D-19 700 177 237 381 7.72 176 177 1160 358

D-22 950 199 692 1110 7.54 439 199 2490 481

D-23 1,600 184 366 572 7.55 241 184 1670 364

D-24 1,600 165 505 880 7.68 274 165 2330 553

Weighted Average Contaminant Level 177.67 351.22 560.50 7.67 218.99 177.67 1,539.76 364.83

Total Gallons per Minute 21,150

Gallons per Day 30,466,000 282 139 843

TCEQ Secondary Contaminant Limits 300 300 1000

CRMWD WATER QUALITY: Chemical/Physical Analysis of Raw Water - Samples Taken 04/22/2013

Location GPM Bicarbonate Sodium Chloride pH Sulfate Total Alk CACO3 TDS Hardness CaMg

O. H. Ivie N/A N/A N/A 260 7.90 236 128 907 438

E. V. Spence N/A N/A N/A 956 8.00 563 146 2613 825

J. B. Thomas N/A N/A N/A 506 7.70 396 129 1540 680

Station 8 (Terminal) N/A N/A N/A 260 7.90 234 129 887 436

Big Spring Booster Station N/A N/A N/A 258 7.70 233 127 853 438

Pyote N/A N/A N/A 198 7.40 164 166 833 363

V V Water Analysis 80 275 50 7.2 45 282 292 40

V V WATER COMPANY, LLC WATER

COST COMPARISON VERSUS CONTEMPORENOUS PROJECTS

1. CRMWD N. Ward Co. Field & Pipeline Total Amortization-$185,000,000.00 @ 4.5% for 30years = $11,350,000.00 Operational Costs for Production – Processing - Delivery (per 1000 Gallons) $0.45 $3.20 1.20 $4.85

OPERATIONAL - $4.85/kGal. CAPITAL - $11,350,000.00

2. MIDLAND T-BAR RANCH Field & Pipeline Amortization-$208,000,000.00 @ 4.5% for 30years = $12,770,000.00 Operational Costs for Production – Processing - Delivery (per 1000 Gallons) $0.45 $2.80 1.20 $4.45

OPERATIONAL - $4.45/kGal. CAPITAL - $12,770,000.00

3. SANANGELO – HICKORY Sd. Field & Pipeline Amortization-$57,000,000.00 @ 4.5% for 30years = $3,500,000.00 Operational Costs for Production – Processing - Delivery (per 1000 Gallons) $0.40 $3.20 1.20 $4.80

OPERATIONAL - $4.80/kGal. CAPITAL - $3,500,000.00

3. V V WATER – VAL VERDE CO. Field & Pipeline

TOTAL OPERATIONAL & CAPITAL COST - $3.80/kGal.

V V WATER COMPNAY, LLC

MUNICIPAL WATER

SUPPLY CONTRACT

With The

CITY OF SAN ANGELO