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<br />Pine River - Bayfield Ditch Company <br />May 19-20 2003 <br /> <br />Agenda Item 18c <br /> <br />Staff further recommends that final approval of the loan be conditioned upon all other standard <br />contracting provisions of the CWCB, including the 1 % loan origination fee in accordance with <br />CWCB Policy #16. The maximum loan amount may be increased to $202,000 if the borrower <br />elects to finance the 1 % loan service charge. <br /> <br />cc: Ken Beck, President, Pine River-Bayfield Ditch Company <br />Janet Enge, Secretary, Pine River-Bayfield Ditch Company <br />Linda Bassi, AGO <br /> <br />Attachment <br /> <br />Action Taken bv the CWCS on Mav 20. 2003 <br /> <br />The CWCB approved the Staff Recommendation. <br /> <br />Page 50f6 <br />