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Financing Options <br /> +Cash on hand <br /> +Referendum general obligation <br /> *Lease purchase <br /> General Obligation Bonds <br /> *Voter approved means less public <br /> • controversy <br /> Of service spread on market value <br /> +Impact debt limits (currently no G.O. <br /> debt—capacity $8.4 million) <br /> Lease Purchase <br /> *HRA lease to City <br /> *Debt repayment from debt levy and outside <br /> levy limits <br /> 1J Impacts debt limits if over$1 million and not <br /> supported from outside revenue <br /> m Potential for increased controversy since not <br /> voter approved <br /> +Costs spread on tax capacity value <br /> • <br /> 2 <br />