When will the Township actually incur debt to move ahead with the purchase and environmental remediation?
The Township will incur debt as the Township needs funds for the various stages of the project. The first stage will commence in early 2007, when the Township Committee will need approximately $10 million for the purchase of the property and the first payments under the Weston agreement. ________________________________________________________________________________________________________________ 11.
Related Questions
- How much funding (debt) has the Township authorized for the acquisition, environmental remediation (including lake restoration) and demolition of buildings at the property?
- Will the Township recover the costs associated with environmental remediation, building demolition, dam repair and Sylvan Lake restoration?
- When will the Township actually incur debt to move ahead with the purchase and environmental remediation?
