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<br />" <br /> <br />Water Project Construction Loan Program <br />Loan Repayment Delinquency Report <br />Loan Financial Activity Report <br />May 2005 <br /> <br />. <br /> <br />Loan Repayment Delinquency <br /> <br />Loan Repayments received relative to the Water Project Construction Loan Program have been <br />reviewed for the period covering July 2004 through April 2005. The effective due date of the payment <br />is inclusive of the Board's current 30 day late policy. Hence, the date the payment was received was <br />compared to the last day allowable prior to the payment being considered late. <br /> <br />Repayments due for the first ten months of Fiscal Year 2005 totaled 177. There were five payments not <br />received on time during this period. A partial payment was received from Lone Cabin Ditch and <br />Reservoir Company less than 30 days late; however, the remaining amount has not been received to <br />date. The loan payments for the Handy Ditch Company, the Town of Walden and Rodney Preisser were <br />received between 30 and 60 days late. The loan payment for Shultz Farm, Inc. was received over 60 <br />days late. Thus, the on-time performance for the total repayments due was 97% in compliance or 3% <br />not in compliance. <br /> <br />Loan Financial Activity <br /> <br />. <br /> <br />. <br />