PROJ00378

• Contract/PO #: C153790
• Contractor Name: Durkee Ditch Company
• Contract Type: Loan
• Water District: 40
• County: Delta
• Bill Number: SB 97-008
• Loan Projects - Doc Type: Feasibility Study

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Collateral

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1. The DDC can offer a collateral interest in assessments
collected from its shareholders to repay the debt, and the
project itself, if approved of the shareholders.

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2. The DDC can offer one payment in a certificate of deposit
account, to be held by the State Treasurer, if approved by vote
of the Board of Directors.

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Feasibility Study
Rehabilitation of the Durkee Ditch
September 1997

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