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<br /> <br />/0:]. <br /> <br />COLLATERAL: The Town has the following collateral it can offer for the loan, in this <br />order of preference: <br /> <br />a. A collateral interest in water revenues. (The Town has a Water Enterprise, and <br />no vote is required to use revenues as collateral.) <br /> <br />8. The Town currently cbarg~ $16 per month for water, and $14 per month for sewer. <br />