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project will not be financially feasible and will not be completed or will be reduced in size. The <br />proposed project is of reasonable size to solicit good bids for construction. Splitting the project <br />into several segments may result in higher construction costs and higher interest rates on <br />assessments. Interest rates are very favorable at this time, resulting in lower assessment <br />payments. <br />Thank you for your assistance in this matter. Please contact me should you have any questions. <br />Sincerely; <br />% <br />a"B— <br />Gregory A. Gappa <br />Director of Public Services <br />Copy: Orono City Council <br />Tom Kellog, Bonestroo Engineers