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BOARD00790
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Last modified
8/16/2009 2:54:06 PM
Creation date
10/4/2006 6:44:07 AM
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Template:
Board Meetings
Board Meeting Date
1/12/1998
Description
CF Section - Additional Information on Approved Loans for New Projects - Highland Ditch Company
Board Meetings - Doc Type
Memo
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<br />FUND REQUIREMENT SCHEDULE <br /> <br />The funds Required by the Company and CWCB to support the project are shown in the following <br />table. <br /> <br />FUND REQUIREMENT SCHEDULE <br />. -""-.,,' '."-"- . <br />25%HICi~4..~..Np$pITCH 75%C:WPBLOAN <br />...CO~ANYiI1J1NP~.i.. <br /> <br /> <br />1998 <br />1999 <br /> <br />$ 35,000 <br />$ 312,900 <br /> <br />$ 104,000 <br />$ 938,844 <br /> <br />IMPLEMENTATION SCHEDULE <br /> <br />The following schedule is proposed for implementation of the project: <br /> <br />1m <br /> <br />Target Com.pletion Date <br /> <br />1. Feasibility Study <br />2. Design <br />3. SEO Design Review <br />4. Bid <br />5. Award Bid <br />6. Start Construction <br />7. Project Complete <br /> <br />1/15/98 <br />ll/ 1/98 <br />5/1/99 <br />6/1/99 <br />7/1/99 <br />8/1/99 <br />12/15/99 <br /> <br />SOCIAL, ECONOMIC, AND PHYSICAL IMPACTS <br /> <br />The project will have no significant social impacts. The Company does lease the reservoir during <br />the summer months to a fishing club but they will not be adversely impacted by the construction. <br />There may be some need to capture the fish in the reservoir for later restocking but this will have <br />to be worked out with the club. The ditch company retains the right in their lease with the club <br />to take whatever measures are necessary to maintain and operate their reservoir without <br />interference by the fishing club. <br /> <br />The project will have a positive economic impact to the ditch company by maintaining their ability <br /> <br />Foothills Dam. 96.014 <br /> <br />Page 7 <br /> <br />,,~ ,~ <br />1: <br /> <br />< <br /> <br />e <br /> <br />e <br /> <br />e <br />
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