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<br />~ Proposed Financinq <br /> <br />The proposed financing for this project is as follows: <br /> <br />Town of Oak Creek <br />(bond issues and/or other sources) <br />CWCB loan <br /> <br />Total <br /> <br />$300,000 <br />300,000 <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 /> <br />-2- <br />