BIG WOOD CANAL COMPANY
AMERICAN FALLS RESERVOIR DIST. NO. 2
YOU AND EACH OF YOU are hereby notified that at a regular meeting of the Board of Directors of the Big Wood Canal Company on the 1st day of November 2017, the charge for the maintenance and operation of the Big Wood Canal Company, a Corporation, for the year beginning April 1, 2018, was fixed at the sum of $24.75 per share with a special maintenance charge of $2.00 for a total of $26.75, in addition to the American Falls assessment of $7.75 for a total of $34.50. At a special meeting on December 15, 2017 the special maintenance charge was deleted and the Big Wood M & O was increased to $25.75 per share (provided how ever a minimum charge of $40.50 shall be assessed for amounts of one share and under) for each and every share owned in said corporation; and said assessment is due and payable at the office of the Company, 409 North Apple St., Shoshone, Idaho 83352 on or before the first day of April, 2018, whether such water is used or not. If the assessment remains unpaid after June 1, 2018, a penalty of one percent (1%) shall be added on the first day of each calendar month that such charge and penalties remain unpaid.