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Richard Smith.
According to calculations by County Attorney Peter Luke, who vyas present at the meeting, monthly rates would have to be raised by $2.34 per EDU if the loan is paid over a 20-year period, or $3.79 if paid over a 10-ycar period.
Mr. Massie said that the loan would be a bonded debt, and the services of a bond counsel would have be retained. He estimated that would add between $3,000 and $6,000 to the cost. He said the loan would
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