Read the full story here Web Link posted Tuesday, February 17, 2009, 12:32 PM
Town Square
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
Comments (6)
a resident of Old Mountain View
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?
a resident of Cuernavaca
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?
a resident of another community
on Feb 17, 2009 at 11:24 pm
Treasurer,
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.
a resident of another community
on Feb 17, 2009 at 11:51 pm
not to mention fixing energy costs long term with cheap money. Reasonable to assume cost of power will increase more than inflation.
Still, Treasurer makes a valid point. Is the savings as marginal as the article would imply, or is the Voice missing something important? What is the expected useful life of solar panels?
a resident of Old Mountain View
on Feb 18, 2009 at 1:03 pm
Also, what is the expected remaining life of the school buildings? Are they going to be around in 30 years?
a resident of another community
on Mar 11, 2009 at 1:07 pm
The schools underwent a complete renovation within the last decade, I believe, so they should be around for another 30 years.
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