Show Lapoint Tridell-Lapon i t project gets additional funds The State Stale Board of Water Resources Thursday of last week agreed to Invest another in extensive Improvements Improvements Im to the Lapoint Water Improvement District to prevent any delay in completion of the project District officials asked the Board for additional help on the project after aCter the low bidder on the job refused to sign the contract and proceed with the work The District was forced to accept the offer of the next low bidder increasing the c cost t of the project Other agencies participating In financing the job were unable mable to Increase In crease their c cost coat t sharing the the District turned to the Board noard as a last resort Board p participation will jump from to There will be a loan of and grant of from Farmers Home Administration and a agrant agrant agrant grant of from Four Corners Regional Commission The District will make an initial Investment of Inthe in inthe inthe the project The District will retire bonds purchased purchased pur chased from the Board at a rate of about a year for 18 years |