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➢ Total Initial Cost to Dredge, Construct the <br />Marina Park Alternative = $20MM <br />➢ Total On -Going Costs to Dredge Marina Park <br />Alternative Years 6 -20 = $11.5MM <br />➢ Annual payments on a $20MM, 20 -year <br />bond at 5% interest rate = $1.6MM /year <br />CAL -COAST <br />