Laserfiche WebLink
<br />I <br /> <br />I <br /> <br />MR. NELSON: <br /> <br />MR. KNIGHTS: <br /> <br />MR. NELSON: <br /> <br />MR. STAPLETON: <br /> <br />MR. KUIPER: <br /> <br />could be carried through two powerplants, one <br />powerplant or whether it would be carried through <br />any of the conduit systems and those types of <br />details because it has to leave the Arkansas main <br />stem, you see, and get up over Trout Creek to get <br />into the South Platte watershed. I have no <br />details of any specifics because we are studying <br />all of the various possibilities to see what <br />benefits would accrue to both schemes. By both <br />schemes I mean both projects, the Homestake and <br />the Fry-Ark." <br /> <br />"When do you anticipate having that informa- <br />tion?') <br /> <br />"I would imagine that (and this is strictly <br />off the cuff) within another six to eight weeks <br />we ough t to have firm figure s on thi s . Maybe <br />some representative of the city might even give <br />you a closer answer on that." <br /> <br />"Thank you." <br /> <br />"Any other questions to Mr. Knights from <br />members of the Board? From any of our guests? <br />Thank you very much, Jim. Do you have a comment, <br />Mr. Kuiper?" <br /> <br />"May I make a remark here in connection with <br />Jim's discussion on Small projects loans? This <br />was done without the Board's knowledge, but <br />Governor Love sent testimony back to the Senate <br />hearings on the amendment of the Small projects <br />Act which, I think, will help these penple. Jim. <br />The amendments go to the interest rate on any <br />interest bearing component of Small projects <br />loans and also to the way in which the engineer- <br />ing services are handled. The amendments now go <br />to advancing half of the engineering money to <br />the people who will seek the loans. This to be <br />repayable without interest; to become a part of <br />the loan if the project is constructed and will <br />be nonreimbursable if the project is not con- <br />structed, as are all other investigative funds; <br />that is, where a project is found to be not feasi- <br />ble the loan is not consummated and the construc- <br />tion does not start. <br />