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<br />. <br /> <br />. <br /> <br />Agenda Item 15a. 4 <br />July 21, 1997 _ <br />4.1~ ., <br />2. That the f"mancing terms shall be at an annual percentage rate of~, for a <br />duration of 30 years, and <br /> <br />3. That loan approval shall be contingent upon completion of the feasibility study, <br />and upon all standard contracting provisions of the CWCB, as determined by the <br />CWCB Director, and <br /> <br />4. That security for the loan shall be an interest in real state, or other property, of <br />value at least equal to the loan amount, and <br /> <br />V That the loan be contingent upon an appraisal of the water rights to be <br />purchased, and <br /> <br /> <br />6. That sale of portions of Preisser's land and water rights to Bell Farms be <br />allowed, without calling the CWCB loan due. <br /> <br />~ '0 lauJ~' <br /> <br /> <br />~i{7lqg <br />j ~ ~ OJ..-vrdw <br />~~ t J)JS <br /> <br />e <br /> <br />(A..'- <br /> <br />tM~ <br /> <br />AllaChments <br /> <br />C:\wp51\PROJ.NEW\15a.jul <br /> <br />e <br />