ENDED UP HAVING TO BOND FOR $92 MILLION OF WHICH PROBABLY END UP PAYING AT LEAST $40 MILLION OF (REMEMBER THE TERM ALLOWABLE EXPENSE)
NOW TO REPLACE THIS
WE ARE STARTING AT A $132 MILLION DOLLAR, MAKES YOU WONDER WHAT THE ACTUAL COST WILL END UP BEING.
Since the city has to pay more than 40% of the costs for building a new Marshall, my guess is the same will be true for building a new Pickering. Therefore, I am going to say at least $50 million.
ReplyDeleteRemember though about starting points. Your right about the $50 M IF the cost stays at $132 M.
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