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<br />. <br /> <br />Staff Recommendation: <br />There is no staffrecommendation at this time, this item is informational only. The Board may want <br />t,) 10 consider at a later date increased use of the construction fund for loans and/or grants 10 allow local <br />1-' <br />"" water users to meet the increased cost-sharing obligations under these new programs. Issues for <br />.2:... consideralion might include: expedited approval of CWeB financing 10 allow participants to meet <br />limetables sel by the federal program managers, lhe terms on which financial assistance could be <br />made available (Board's standard agricultural loan terms, grants, etc.), accounting for spinoff <br />benefits of the program such as potential water conservation and local water quality improvement. <br />Board members should also let their constituents know that Board staff is able to provide additional <br />information and 10 coordinale participation in the CRBSCP for interested water users. <br /> <br />C:\SRMILLER\SALINm'\DOCUMENl\ 198_ S.96.MEM <br />