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<br />. <br /> <br />Under this financing arrangement. the UWCD would have to repay <br />the CWCB $520.400 per year for 30 years. for a total repayment <br />of $15.612.000. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $8.000.000. subject to the <br />terms of the proposed financing specified above and sUbject to <br />the UWCD demonstrating to the Board's satisfaction that it can <br />meet its repayment obligation. <br /> <br />FMA/mla <br /> <br />-2- <br />