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$530,000 with the interest for that principal being $450,000 for <br />a total just under ;i million over 20 years. <br />C. Equal Dollar Value as for the Crystal Bay {escalated for CPI) <br />- Tfiis“wouTH result in a principal of $375,000 and an interest of <br />$300,000 for a total of $675,000 in 20 years. <br />D. City Pays All Project Costs - To warrant such an expenditure <br />Council would likely want to amend the Comprehensive Plan to <br />reflect this major change in philosophy. <br />ALTERNATIVES - <br />Issue #1 - Summary of meeting questions and responses. <br />A. Accept. <br />B. Comment. <br />C. Suggest policy or change direction. <br />Issue 12 - process. <br />A. Undertake process as proposed. <br />B. Utilize the Crystal Bay "Process" <br />C. Develop a different process. <br />D. Take no action. <br />E. Stop the project consideration. <br />Issue #3 - Letter Draft. If the process is undertaken: <br />A. Make any amendments prior to transmission. <br />B. Direct it not be sent. <br />C. Table for further consideration. <br />Issue »4 - City Contribution to the Project. <br />Decide on an amount. <br />1. No contribution. <br />2. Equal percentage to Crystal Bay. <br />3. Equal dollar value to Crystal Bay. <br />4. Selection on some other basis. <br />5. Table discussion.