Public Disclosure AuthorizedAdvance Agreement • July 20th, 2011
Contract Type FiledJuly 20th, 2011The World Bank 1818 H Street N.W. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS
CONFORMED COPYAdvance Agreement • July 18th, 2011
Contract Type FiledJuly 18th, 2011In response to the request for financial assistance made on behalf of the Republic of Senegal (“Recipient”), I am pleased to inform you that the International Development Association (“World Bank”) proposes to extend to the Recipient an advance out of the World Bank’s Project Preparation Facility in an amount not to exceed one million three hundred thousand Dollars (US$ 1,300,000) (“Advance”) on the terms and conditions set forth or referred to in this letter agreement (“Agreement”), which includes the attached Annex, to assist in financing the activities described in the Annex (“Activities”). The objective of the Activities is to facilitate the preparation of a proposed project designed to contribute to reducing the risk of flooding in the peri-urban areas of Dakar and preserving household and business assets of those living in flood prone areas (“Project”), for the carrying out of which the Recipient has requested the World Bank’s financial assistance.