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II. Funds Available to Complete Items 3.B., C, and D, Including Related Cost <br />(Engineering, Legal, Interests, and Contingencies) are as follows: <br />Total Existing Funds $1,270,000 <br />Less Cost'Through 11/1/78 784,692 <br />Total Available $ 485,308 <br />III. Summary of Total Estimated Cost to Complete and Additional Funds Required: <br />A. Items 3.B and C <br />Sewage System Renovation $313,000 <br />B. Item 3.D. <br />Water Distribution System <br />Extension 553,650 (31 <br />Total Amount to Complete $866,650 <br />Therefore: <br />Total Amount to Complete $866,650 <br />Less Available 485,308 <br />9 <br />Total Additional Funds Required $381,342 <br />IV. Summary of Additional Funds Request <br />Funds Applied For: <br />Loan $235,492 <br />Grant 318,158 <br />Total $553,650 <br />NOTE: Loan must be used prior to use of Grant Funds. <br />NOV 1519784W Q <br />; I <br />