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        <Desc>PUMPING POWER</Desc>
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        <NameOfInterested>
          <PersonNm>FARM DEVELOPMENT CORPORATION</PersonNm>
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        <RelationshipDescriptionTxt>CONTROLLED CORP</RelationshipDescriptionTxt>
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        <TransactionDesc>IRRIGATION ASSESSMEN</TransactionDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE L, PART V</FormAndLineReferenceDesc>
        <ExplanationTxt>FARM DEVELOPMENT CORPORATION PAID IRRIGATION ASSESSMENTS TO GRINDSTONE BUTTE MUTUAL CANAL COMPANY FOR THE FARMLAND THAT THE COMPANY RENTED AND FARMED. SOME OF THE FORMER DIRECTORS AND OFFICERS OF GRINDSTONE BUTTE MUTUAL CANAL COMPANY ARE STOCKHOLDERS IN FARM DEVELOPMENT CORPORATION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS STOCKHOLDERS THAT INCLUDE THE LANDOWNERS SERVED BY THE CANAL COMPANY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>GRINDSTONE BUTTE MUTUAL CANAL COMPANY IS A 501(C)(12) ORGANIZATION FORMED TO PROVIDE OPERATIONS AND MAINTENANCE FOR THE IRRIGATION SYSTEM FOR THE GRINDSTONE BUTTE PROJECT, A TENANCY IN COMMON. THE GRINDSTONE BUTTE PROJECT IS A DESERT ENTRY FARM PROJECT NEAR GLENNS FERRY, IDAHO. THE ORGANIZATION CONSISTS OF MEMBER LANDOWNERS WHO ELECT THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MAKES ALL DECISIONS FOR THE ORGANIZATION, AND THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 WILL BE REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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