Regardless of where the permits stand, they have an outstanding balance of $569,148. The note came due on Aug. 1, 2013.
Note shall bear interest at an annual rate of 15% with a maturity date of sixty (60) days after the date the United States Bureau of Reclamation issues a submittal of Environmental Assessment documentation seeking a Finding of No Significant Impact (“FONSI”) or August 1, 2013 whichever occurs first.
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