make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

You might

want to check your math. The bond amount is somewhere north of $50 million. Repayment will commence in 2013. That will mean a rate increase in fiscal year 2013. But, it will take more than 3 or 4 years to repay. I believe they are proposing a 25 year payment schedule. If the debt service is $3 million per year; and there is a 25 year payment schedule, then there would be debt service of around $23 million over the bond term.


The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
Please re-enter the code shown in the image below.