III. SAFE DRINKING WATER BOND ACT LOAN

D.92178 granted Arrowhead authority to obtain, through DWR, a SDWBA loan to upgrade its system. In the 1995 Annual Report, for the first time, the utility disclosed $884,000 as the amount for the SDWBA financed plant. The original loan was $910,520 and the difference of $26,520 was the 3% Administrative Fee.