Dear Mr. Christopherson, re: 1006-AA53:
Please consider these two comments regarding the RWSA Title II Rule:
1) In 403.43l, ‘loan origination fee’, could the 1% loan origination fee be flexible
with Treasury’s "then current guidance" on prevailing market conditions, not to
exceed the 1% level? (If over time a 1% fee no longer reflects prevailing
conditions, flexibility is meritorious.)
2) 403.47 (k), contains language concerning ‘applicable Federal and United States
Treasury policies’. Is it possible for the rule to state that loans under Title II may
conform with “then current Treasury policies”? (Such language provides for the
possibility of creative discussions with Treasury that both protect the financial
interests of the United States and maximize value for loan participants.)
Thank you very kindly for your consideration of these points,
Mark Shively
Chair, Douglas County Water Resource Authority
(Member, Douglas County RWSA Work Group)
Comment on FR Doc # E8-23444
This is comment on Proposed Rule
Bureau of Reclamation Loan Guarantees
View Comment
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