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<br />. <br /> <br />City of Greeley (Twin Lakes Res.) <br />Paqe two <br /> <br />Proposed Financinq <br /> <br />The proposed financinq for this project is as follows: <br /> <br />City of Greeley (Bond Issue) <br />.CWCB loan <br /> <br />Total <br /> <br />$412.500 <br />4l2.500 <br /> <br />$825.000 <br /> <br />Under this financinq arranqement. the city would have to pay <br />the CWCB $29.267 per year for 25. years. for a total repayment <br />of $731.675. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $412.500. subject to the <br />proposed terms of the financinq set forth above. <br /> <br />FMA/bj <br /> <br />. <br /> <br />. <br />