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<br />. <br /> <br />Beaver Park Water. Inc. <br />Page two <br /> <br />Proposed Financinq <br /> <br />The proposed funding for this project is as follows: <br /> <br />ASCS grant <br /> <br />CWCB loan <br /> <br />Total <br /> <br />$125.000 <br />125.000 <br /> <br />$250.000 <br /> <br />Under this financing arrangement. the company would repay the <br />CWCB $7.285 per year for 40 years. for a total repayment of <br />$291.400. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $125.000. subject to the <br />terms of the proposed financing specified above. <br /> <br />FMA/bj <br /> <br />. <br /> <br />. <br />