Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />Contracts in Process <br />Attached is the Project Hot List that is used by the Construction Fund Section to <br />prioritize the projects. The contracts are processed based on the anticipated date for construction, <br />Currently there are 13 contracts for loans in the amount of approximately $5.0 million being <br />processed. <br /> <br />Proiects Awaiting Contracting <br /> <br />Considering the projects recommended for deauthorization in 1999, there are 44 contracts <br />(28 project loans and 16 contract amendments) valued at $28.5 million that are awaiting <br />contracting. <br /> <br />Contracts Paid in Full <br /> <br />During December, letters were written to the two borrowers shown below acknowledging <br />that their loans had been paid in full and that all terms of the contract have been satisfied. <br /> <br />Borrower <br />Santa Maria Reservoir Company <br />Ish Reservoir Company <br /> <br />Contract Date <br />September I, 1987 <br />September 8, 1988 <br /> <br />Amount <br /> <br />$ 67,200 <br />$ 17,000 <br /> <br />Staff Recommendation <br /> <br />We would like to thank the staff at the Attorney General's Office for their help and <br />support that enables us to get the contracts done in time to meet the borrowers' deadlines. This <br />memo is for information purposes. <br /> <br />This memo is for information purposes. Please let us know if you have any questions or <br />concerns regarding the contracting status. <br /> <br />Attachment <br /> <br />L:\BoardmemlJan99\lOj - Contract Status <br /> <br />2 <br />