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2018 Proposed <br />Fire Station #1 $ - <br />2013 Capital Equipment Certificates $ 73,119 <br />Municipal Center $ 1,118,613 <br />2015-2017 Capital Equipment Certificates $ 199,316 EST. Ends 2024 <br />Fire Station #2 $ 297,402 Ends 2035 <br />Total Debt Levied $ 1,688,450 <br />ADD'L Road Reconstruction funding (Assumes adding $1.7M debt each year) <br />10-Year Debt at $1.7M (Assess 20%)-4 Year total of $6.8M $ 629,016 <br />Total Debt with Road Funding Debt $ 2,317,466 <br />Question: Capital Equipment Funding: Debt or Equipment Fund <br />2019 Proposed <br />Fire Station #1 $ <br />2013 Capital Equipment Certificates $ 77,267 <br />Municipal Center $ 1,136,613 <br />2015-2017 Capital Equipment Certificates $ 199,316 EST. Ends 2024 <br />Fire Station #2 $ 300,631 Ends 2035 <br />Total Debt Levied $ 1,713,827 <br />ADD'L Road Reconstruction funding (Assumes adding $1.7M debt each year) <br />10-Year Debt at $1.7M (Assess 20%)-4 Year total of $6.8M $ 629,016 <br />Total Debt with Road Funding Debt $ 2,342,843 <br />Question: Capital Equipment Funding: Debt or Equipment Fund <br />Assumes Beginning in Year 2019 no further road debt (per Ehlers study -funds should be <br />available from land sales & tax increment (See Graph) <br />