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<br />" . <br /> <br />Agenda Item 29g. <br />November 4, 1994 <br /> <br />3 <br /> <br />ACTION TAKEN BY THE CWCB NOVEMBER 4.1994: <br /> <br />The CWCB approved the staff recommendation, with one revision. The Board <br />approved an interest rate of 4.1%, because the 90% of the water will be for <br />agricultural use (interest rate of 4%), and 10% of the water will be for domestic use <br />(interest rate of 5.5%~) The overall rate of 4.1 % represents a weighted average for <br />the interest rates for the two planned uses. <br /> <br />Attachments <br />C:\wp51\john\29g,nov <br />