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Old 12-14-2022, 11:29 PM   #188
John Mercier
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The bond would not include the operating cost... just the build cost.

.36/1000 x 4,892,023,118 = 1,761,128.32

The value of the HUB does not come into play as town property is not in the total assessment, it is treated as a non-profit devoid of property taxes.

The above figure using a 10 bond would make the bond value vary with the interest rate to be paid.

A mortgage calculator estimates that would be about a 4% bond rate using 10 years as the term.
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