Jared Grifoni, City Council vice-chair, said the 20-year bond is a "totally unnecessary debt.

Updated: Feb 22, 2020

for future generations... A 20-year bond at 2.75 percent [...] over the life of the loan results in $2.6 million in interest costs," Grifoni said the city will have enough funds to finance the construction without a bond. Read more here: Marco Eagle , 2/11/20

https://www.marconews.com/.../marco-island.../4656593002/

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