tag:blogger.com,1999:blog-18653650.post8765591340470937286..comments2024-03-28T22:51:39.946-04:00Comments on Waterbury Thoughts: BondingRaechel Guesthttp://www.blogger.com/profile/00877208684670929373noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-18653650.post-32392584735283721412008-10-07T09:00:00.000-04:002008-10-07T09:00:00.000-04:00Deferred maintenance was a huge issue in the city ...Deferred maintenance was a huge issue in the city for decades, no doubt. That was then.<BR/><BR/>Even with the utilities, which the city already is paying on Leavenworth Street, the purchase will be revenue positive to the taxpayers.<BR/><BR/>If it's just a dollar less than what we're paying in rent, the long term value is there because eventually that annual rental expense will disappear.<BR/><Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18653650.post-49028007990048751932008-10-06T15:58:00.000-04:002008-10-06T15:58:00.000-04:00Informed information!How much does it cost to heat...Informed information!<BR/><BR/>How much does it cost to heat and cool the Wachovia building? Given that the walls are glass, I would assume that there's a pretty steep A/C bill in the summer and possibly a high heating bill in the winter.<BR/><BR/>What about building maintenance? The City Hall building suffered greatly from "deferred" maintenance. It's flat out irresponsible to not conduct Raechel Guesthttps://www.blogger.com/profile/00877208684670929373noreply@blogger.comtag:blogger.com,1999:blog-18653650.post-37557217891790132402008-10-06T09:10:00.000-04:002008-10-06T09:10:00.000-04:00Credit cards are a bad example. Capital bonding, f...Credit cards are a bad example. Capital bonding, for a hard asset like a building or a road is the preferred method for governments to construct or acquire assets.<BR/><BR/>It's more like a mortgage. In this case it would be a fixed rate bond issue -- estimated at about 5.5 percent, with a total payout of $8.3 million over the life of the $5 million issue.<BR/><BR/>The move to purchase the Anonymousnoreply@blogger.com