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<br />~ ~~ ~ <br /> <br />Under this financing arrangement the District would pay the <br />CWCB $39,030 per year for 30 years, for a total repayment of <br />$1,170,900. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $600,000, subject to the <br />proposed terms of financing set forth above and subject to the <br />District demonstrating to the Board's satisfaction that it can <br />meet its repayment obligation. <br /> <br />DWW/FMA/gl <br /> <br />-2- <br />