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<br />. <br /> <br />Town of Oak Creek <br />Page two <br /> <br />Proposed Financinq <br /> <br />The proposed financing for this project is as follows: <br /> <br />Town of Oak Creek <br /> <br />(bond issues and/or other sources) <br />CWCB loan <br /> <br />Total <br /> <br />$300,000 <br />300,000 <br /> <br />$600,000 <br /> <br />Under this financing arrangement. the town would have to repay <br />the CWCB $17.484 per year for 40 years, for a total repayment <br />of $699.360. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $300.000 subject to the <br />proposed terms of financing set forth above. <br /> <br />gl <br /> <br />. <br /> <br />. <br />