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<br />6b. Water Project Construction Loan Program - Changes in Existing <br />Projects - Town of Johnstown - Johnstown Pipeline. <br />Tape 1, Start/Stop: 0000 - 0000 <br />Action: This item was deleted, no feasibility report <br />had been submitted. <br /> <br />7a. Water Project Construction Loan Program Project <br />Deauthorizations - Goodhue <br />Ditch and Reservoir Co - Marshall Flume and <br />Tape 1, Start/Stop: 5320 - 5360 <br />Action: A motion was made by Alan Hamel to reduce the <br />previous authorized loans for this projects as <br />recommended in the staff memo. The motion was <br />seconded by David Smith, and approved unanimously <br />(8-0) . <br /> <br />7b. <br /> <br />Water Project <br />Deauthorizations <br />Rehabilitation. <br />Tape 1, Start/Stop: <br />Action: This <br /> <br />Construction <br />-Town of New <br /> <br />Loan <br />Castle <br /> <br />Program <br />Raw Water <br /> <br />Project <br />Pipeline <br /> <br />0000 - 0000 <br /> <br />item was deleted. <br /> <br />8a. Water Project Construction Loan Program Requests for <br />Approval on Loans for New Projects - Riverside Reservoir and <br />Land Co. - Riverside Res. Emergency Spillway <br />Tape 1, Start/Stop: 5360 - 6051 <br />Action: A motion was made by Janice Sheftel to accept <br />the staff recommendation to approve this $450,000 <br />loan, at a 3.75% rate for 20 years, but with three <br />amendments: 1) that the title to land be held by a <br />land trust as shortly after acquisition as <br />possible, 2) that the share assessment be raised <br />from $45 to $60, and 3) that the $2,500 Feasibility <br />Study be funded from the Small Dam Site <br />Reconnaissance Account or the Severance Tax Trust <br />Fund Operational Account. The amended motion was <br />seconded by David Smith and approved unanimously <br />(8-0) <br /> <br />8b. Water Project Construction Loan Program Requests for <br />Approval on Loans for New Projects Windsor Canal & <br />Reservoir Co. - Big Windsor Pump Station. <br />Tape 1, Start/Stop: 6051 6231 <br />Tape 2, Start/Stop: 0001 0266 <br />Action: A motion was made by Allen Davey to accept the <br />staff recommendation to approve this $925,000 loan, <br />at a 4% rate for 30 years, but with the provision <br />that the Company is required to raise their <br />assessments prior to receiving the loan if an <br /> <br />Minutes January 28-29, 1998 <br />