on the third Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period for such Advance, on which the Borrowers propose such Advance is made. No fees, payments or other amounts shall be due to Payee in connection with, or as a result of, any Drawdown Request by Maker.ĭrawdown Subject to the terms and conditions of this Agreement, each Advance shall be made to the Borrowers following receipt by the Agent from the Borrowers of a Drawdown Notice not later than 10:00 a.m. Once an amount is drawn down under this Note, it shall not be available for future Drawdown Requests even if prepaid. Payee shall fund each Drawdown Request no later than five (5) business days after receipt of a Drawdown Request provided, however, that the maximum amount of drawdowns collectively under this Note is One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000.00). The principal of this Note may be drawn down from time to time prior to the date on which Maker consummates a Business Combination, upon request from Maker to Payee (each, a “Drawdown Request”) in such amounts as Maker may determine in its discretion. Today the property is primarily managed to focus on waterfowl production and hunting opportunities.Drawdown Requests Maker and Payee agree that Maker may request up to One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000.00) for costs reasonably related to Maker’s working capital needs prior to the consummation of the Business Combination. Early settlers regularly hunted prairie chicken in the French Creek area. Lower water levels resulting from the project will also allow some repairs to be made to the dam controlling water flow through French Creek.įrench Creek Wildlife Area is a 3,506-acre property located in Columbia County offering many recreational opportunities including birding, wildlife viewing, fishing, hunting and hiking.īefore becoming a state wildlife area in 1947, the marshland was once devoted to the production of "wire-grass," a native plant used in the manufacturing of grass rugs and matting and later was subject to grazing and the occasional harvest of wild hay by farmers. Shorebirds also find these mudflats very appealing, so this should also be a good location for birdwatchers to spot various shorebirds.”ĭrawdowns projects like this allow soils to settle, anchor floating bog mats and provide great food sources for waterfowl, shorebirds and other wildlife species. “Going through a drawdown cycle in late spring will create a good spot for this fall’s hunting. These mudflats might look unappealing at first glance, but this is a chance for the French Creek flowage to undergo revitalization,” said Sara Kehrli, DNR Wildlife Biologist. “Our goal is to preserve and improve wetland habitat for waterfowl and other wildlife by making seasonal adjustments to water levels in the flowage. DNR staff first began the habitat work in May 2022. Lower water levels will also allow for some repairs to be made to the dam that controls water flow through French Creek. This summer, DNR Wildlife Management staff will draw down water levels in the French Creek, which expands into a broad, 900-acre flowage through the property, to expose the creek bed and create mudflats to improve habitat for “puddle” ducks like mallards and teal. – The Wisconsin Department of Natural Resources (DNR) today announced that local residents and users of the French Creek Wildlife Area near Portage will soon notice a significant change to the main flowage of the wildlife area due to an existing project aimed at improving prime waterfowl habitat.
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