Combine 1 cup water and raisins in a small saucepan. Bring to a boil. Boil until water evaporates or is absorbed by raisins. Remove from heat. Watch carefully so raisins don't scorch. In a large bowl, combine applesauce, eggs, sugar, oil and remaining 1/2 cup water with raisins. Sift together flour, cinnamon, baking powder and soda, adding gradually to applesauce mixture. Add vanilla. Stir after each addition. Spoon batter into a 10 inch Bundt pan coated with cooking spray. Bake at 350 degrees for 40 - 45 minutes or until knife inserted comes out clean. Cool in pan for 10 minutes before removing from pan. Let cool and then serve.
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