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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Agenda Item 8b. <br />January 24, 1996 <br /> <br />3 <br /> <br />5. That security for the loan shall be a collateral interest in the stream of income <br />derived from shareholder assessments, and from the Sandhill Ditch Recharge <br />Project. <br /> <br />Action Taken bv the CWCR. January 24,1996 <br /> <br />The CWCB approved the Staff Recommendation, <br /> <br />(Since the loan will be from the Small Project Loan Acxcoiunt, the CWCB and the <br />Borrower can now contract for the loan.) <br /> <br />AuachmenlS <br />C:\wp51 \PR01-NEW\8b.jan <br /> <br />I <br />