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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />4.9 lle-AlIlIwriled Luans <br /> <br />Authorized projects which show no activity may be de-authorized to allow new projects to <br />proceed. especially those that may have a better chance of coming to fruition. If an appropriation <br />has not been encumbered within I\VO years after ICg1slative appro\"a\, the Board staff will work with <br />the project sponsor to determine if the project can go fOf\\'ard or if it should be de.authorized. After <br />a project has been completed. the remaining unspent but still encumbered funds arc de.authorized <br />as soon as possible. <br /> <br />The Board recommended. and the General Assembly approved, eight loans totalling S6.82 million <br />that were de-authonzed in FY98. A list ofprcviously de-authorized loans is included in Appendix <br />o. <br /> <br /> Water Project Construction Loan Program <br /> De-authorized Loans <br /> 81 17,316.205 <br /> $6,817.692 <br /> 6 --- <br />'" <br />co S3,llOl,2Ool <br />g 4 - - -~ <br />~ 12.1!loO.2$lJ <br /> 2 _-$U'0UlIQ -Sl;e:tt.OOO- <br /> $l,.oo,OIXI <br /> s.'"'''' --- _ii_II _lI- <br /> D <br /> 1990 1991 1992 1993 1994 1995 1996 1997 1998 <br /> <br /> <br /> <br /> <br />("weB FYqs Annual Repon. page 32 <br />