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PHASE II DEBT LEVY BENEFITS <br />Impact of modifying the pace of improvements <br />on debt levy management <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />x <br />Benefits : <br />Overall Debt burden will be reduced at a faster <br />pace <br />The resulting debt levy decreases will allow for a <br />transition to Infrastructure Levy for long term levy <br />support of street improvements <br />Residential Street reconstructions anticipated <br />completed by 2037 vs 2032. <br />Infrastructure levy used to support street cost, <br />saving issuance and interest costs <br />Gain flexibility to adjust if other levy demands <br />occur <br />116