This report is intended to describe first, the principal physics reasons for an ambitious experimental program in neutrino physics and proton decay based on construction of a series of massive water Cherenkov detectors located deep underground (4850 ft) in the Homestake Mine of the South Dakota Science and Technology Authority (SDSTA); and second, the engineering design of the underground chambers to house the Cherenkov detector modules; and third, the conceptual design of the water Cherenkov detectors themselves for this purpose. In this proposal we show the event rates and physics sensitivity for beams from both FNAL (1300 km distant from Homestake) and BNL (2540 km distant from Homestake). The program we propose will benefit with a beam from FNAL because of the high intensities currently available from the Main Injector with modest upgrades. The possibility of tuning the primary proton energy over a large range from 30 to 120 GeV also adds considerable flexibility to the program from FNAL. On the other hand the beam from BNL over the larger distance will produce very large matter effects, and consequently a hint of new physics (beyond CP violation) can be better tested with that configuration. In this proposal we focus on the CP violation physics. Included in this document are preliminary costs and time-to-completion estimates which have been exposed to acknowledged experts in their respective areas. This presentation is not, however, to be taken as a technical design report with the extensive documentation and contingency costs that a TDR usually entails. Nevertheless, some contingency factors have been included in the estimates given here. The essential ideas expressed here were first laid out in a letter of intent to the interim director of the Homestake Laboratory on July 26, 2001. Since that time, the prospect of a laboratory in the Homestake Mine has been realized, and the design of a long baseline neutrino experiment has been refined. The extrapolation contained in this proposal is within the common domain of thinking in the area of physics discussed here. It needs now only the encouragement of the funding agencies, NSF and DOE.
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