HomeMy WebLinkAboutschool East Rink project
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New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} </style> <![endif] From: Collins, Tim [tcollins@hastings.k12.mn.us]
Sent: Thursday, February 14, 2008 11:52 AM
To: Barry Bernstein
Cc: Dave Osberg; Kramlinger, Don
Subject: East Rink
Barry:
Thanks for sending that financial information. I did give a copy to Kim Frey so that she can place in her file. I am not sure how the City is going to be financing this project.
I had lunch with Dave and I would prefer to have the school district pay for the project in an hourly ice time fee…..because we can levy our citizens each year for that amount
and we don’t have to take the money out of our “small savings account.” So……if you were going to bond for the $432,000 over 20 years then our hourly usage time would be set at
a rate that we would cover the 30% that we owe over that 20 year period. I will chat with Dave about this again……in the near future. Carry On….we need ice!
Tim