Submitted by Carol Kramer (not verified) on Thu, 05/12/2011 - 4:56pm.
I, too would like to know how much bond money is left and what the interest rate on the bond is. It might even be worth paying down the bond and refinancing at lower rates as interest rates have been declining.
I'd also like to know what the cost will be to build out both this park and the new one in Castle Hayne. What is the projected annual up keep on each New Hanover County Park, including this new proposal.
The parks cost much more than the cost of the land. My guess is that land prices will be going down, making any rush into a land purchase questionable. I think parks are great, but what are we getting into in terms of on-going costs?
Park
I, too would like to know how much bond money is left and what the interest rate on the bond is. It might even be worth paying down the bond and refinancing at lower rates as interest rates have been declining.
I'd also like to know what the cost will be to build out both this park and the new one in Castle Hayne. What is the projected annual up keep on each New Hanover County Park, including this new proposal.
The parks cost much more than the cost of the land. My guess is that land prices will be going down, making any rush into a land purchase questionable. I think parks are great, but what are we getting into in terms of on-going costs?