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<br />. <br /> <br />. <br /> <br />. <br /> <br />Proposed Financinq <br /> <br />The proposed funding for this project is as follows: <br /> <br />;f5G5 <br />RC & D grant (SQil CgA~er~atien O~rvic8) <br /> <br />$125,000 <br /> <br />CWCB loan <br /> <br />125,000 <br />$250,000 <br /> <br />Total <br /> <br />Under this financing arrangement, the company would repay the <br />CWCB $7,285 per year for 40 years, for a total repayment of <br />$291,400. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $125,000, subject to the <br />terms of the proposed financing specified above. <br /> <br />FMA/bj <br /> <br />-2- <br />