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<br />., <br /> <br />; <br /> <br />e STAFF RECOMMENDATIONS <br /> <br />Staff recommends that: <br /> <br />The Board approve a loan increase to the Buffalo Mutual Ditch Company's <br />original 1997 loan, with no change in the project scope, in the amount of $71,000 <br />for a total loan amount of $449,750 under the following conditions: <br /> <br />1. Terms of the additional loan amount would be at the original adopted 1997 <br />terms of3.75% for 30 years. <br /> <br />2. The loan is for up to 75% of the total project cost. <br /> <br />3. The loan increase shall be contingent upon all standard contracting <br />provisions of the CWCB including all increased collateral requirements. <br /> <br />e <br /> <br />e <br />