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<br />. <br /> <br />. <br /> <br />Stanton, w;mam \ ~ <br /> <br /> <br />From: Stanton, WiII~ <br />Sent: Wednesday, September 02,199810:01 AM <br />To: Evans, Peter <br />Cc: lilian, Janis <br />Subject: Preisser Feasibility Study <br /> <br />Peter, <br /> <br />I have reviewed the feasibility study report prepared by HRS Water Consultants for the $90,000 loan to Rodney <br />Preisser from the Small Project Account. <br /> <br />The report is written in a manner that assumes the reader is already familiar with the project. However, in <br />consideration of other documentation in the file, the report is acceptable. The value of the 2.0 cfs water right, <br />which is the colateral for the loan, is estimated at $178,000 based on an economic residual-value analysis. <br /> <br />I recommend you sign the contract. <br /> <br />Bill Stanton <br /> <br />Page 1 <br />