IDPF Committee Recommendation:
The Infrastructure Development Partnership Review Committee unanimously recommended approval of an Infrastructure Development Partnership Loan for the U.S. Highway 79-Catron Boulevard sewer project in the amount of $121,000 with repayment to occur within ten (10) years of substantial completion of the sewer project with the five (5) year interest free period to commence October 2004 or upon substantial completion of Fifth Street as determined by the Public Works Director which ever event occurs first.