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s. <br /> TERRACE R 'SERVOIR PROJECT, Continued <br /> have to repay the state $26,847.16 for forty years for a total <br /> repayment of $1,073,886.24. Annual payments are expected to be <br /> generated through assessments on the stock which the irrigators own. <br /> It is recommended that the project as described above be funded . . <br /> by the board to the extent of $620,600 with the provision that the <br /> company take care from their own funds of the maintenance required <br /> in Phase I of the inspection report, and that the project be rec- <br /> ommended and submitted to the Colorado General Assembly during the <br /> 1980 session as priority number fifteen. <br /> NCI:pm <br /> - 3 - <br />