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<br />4It Proposed Financinq <br />The proposed financing for this project is as follows: <br /> <br />Total <br /> <br />$412,500 <br />412,500 <br />$825,000 <br /> <br />City of Greeley (Bond Issue) <br />CWCB loan <br /> <br />Under this financing arrangement. the city would have to pay <br />the CWCB $24,041 per year for 40 years, for a total repayment <br />of $961.640. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $412,500, subject to the <br />proposed terms of the financing set forth above. <br /> <br />FMA/bj <br /> <br />. <br /> <br />. <br /> <br />-2- <br />