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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />PURPOSE/SCOPE <br /> <br />CWCS approved a loan of 75% of project costs up to $504,000 (i.e" total project cost $672,000) <br />at a rate of 5,0% for 30 years. This approval was made contingent on completion of a financial <br />feasibility study and favorable staff evaluation of the Town's ability to repay the loan. <br /> <br />The purpose/scope of this Report involves the following: <br /> <br />. Integrate and summarize the conclusions of the previous master planning reports; <br /> <br />. Describe the project as presently proposed; <br /> <br />. Provide a financial plan and feasibility analysis, following CWCS guidelines and assuming <br />CWCS financing, as needed to finalize project funding and to determine the financial <br />impacts of the project on Morrison water users; and <br /> <br />. Discuss ancillary issues relating to future operations or development of the Town's water <br />utility. <br /> <br />70-080.039P:REPORT <br /> <br />1-2 <br /> <br />, <br />