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~. <br />From: ELYN LYON <br />To: M-MCDC1.BWqSSON <br />Date: 5/14/98 q23pm <br />Subject: Repayment of Solid Waste Loan <br />The current agreement between CH2 and Solid Waste requires payment of the principai and interest for the CH2 <br />loan on June 30, 1998. The loan principal is $700,000. Carl Pitts has calculated the interest to be approximately <br />$37,565.75. <br />My understanding was that this loan would be paid when MC received financing. <br />We need to be prepared for either an extension of the loan into next fiscal year or determine how it will be paid off. <br />Thanks to Jeanine for bringing this to our attention in a timely manner. <br />CC: M-MAR2.DHARTWIG, GWM1.M-MARI.KROUDYBUSH, RCURTIS, ... <br />