Quote:
Originally Posted by MAXUM
The life expectancy for this project is 50 years. The available funds for
construction are $7,800,000.00
Hmm 7.8M for 50 years comes out at a cool 156K per year, now that's a bargain  |
Now assume this was private taxable property assessed for 2.5 million, it would bring in about 40K per year in taxes for about 6 months of use by a second home owner at no cost to the city..