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<br />~.~'>> <br /> <br />. <br /> <br />Recommendation <br /> <br />No feasibility study has been prepared for this project. <br />It is therefore recommended that the moneys for the project not <br />be made av~ilable by the Board until the Board has in its sole <br />discretion determined that the project is technically and <br />financially feasible. Justification for authorizing a loan for <br />the project in advance of a feasibility study and Board review <br />derives from the serious deficiencies and potential hazard <br />which demand remedy at the earliest possible time. <br /> <br />/bj <br /> <br />-2- <br />