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<br />John Peroulis & Sons Partnership <br />May 20-21. 2002 <br /> <br />Agenda Item 12c <br /> <br />Conclusion <br />Total collateral for the loan now carries an minimum appraised value of $278,830 ($200,000 + <br />$78,830.) Based on this, the total loan amount to the John Peroulis & Sons Partnership for <br />rehabilitation and eniargement of the Martin Cull Reservoir will be $250,000. This collateral is in <br />compliance with CWCB Loan Policy #5 (Collateral). <br /> <br />CC: Rod Kuharich, CWCB Director <br />Dan McAuliffe. CWCB Deputy Director <br />Jan lilian, Section B Contracting <br />Linda Bassi, AGO <br /> <br />2 <br />