MVLA explores green bond
Original post made on Feb 17, 2009
Read the full story here Web Link posted Tuesday, February 17, 2009, 12:32 PM
on Feb 17, 2009 at 1:13 pm
$14 million plus interest to save $0.4 to $0.5 million per year? Brilliant. So, how much money are they going to spend on this campaign?
on Feb 17, 2009 at 9:57 pm
A 30 year, $14M bond at 5% would cost about $900k a year; the proposed electric bill savings are about half that, $450k a year. Where did the school district administrators learn their math?
on Feb 17, 2009 at 11:24 pm
You're ignoring the potential savings from replacing or retrofitting the boiler rooms for the two pools. Though the article doesn't provide a number, these are likely to be pretty substantial.