| The Master Plan Proposal - FAQ |
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Who will pay for it? How will it be funded? - We could finance this project through a General Obligation Bond issue, to obtain the most favorable interest rates. A 20 year bond issue of $3,900,000 at 5% interest would require an annual debt service of $311,000. That debt service payment would be paid by the Village Links, with no cost to the Village or the taxpayer.
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