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<br />. <br /> <br />Town of Frederick <br />Page two <br /> <br />Under this financing arrangement. the town would have to repay <br />the CWCB $76.638 per year for 40 years, for a total repayment <br />of $3,065,520. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br />General Assembly in the amount of $1,315,000, subject to the <br />terms of the proposed financing set forth above. <br /> <br />/td <br /> <br />. <br /> <br />. <br />