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Post by wvhsparent on Jan 28, 2008 20:52:57 GMT -6
Traffic will be fine on Eola....It can handle it........
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Post by sleeplessinnpvl on Jan 28, 2008 20:56:17 GMT -6
I'm sure you are probably right. After so many complications in this process, I have become pessimistic. The board did consider this and is addressing it and hopefully the results of the impact study will be positive.
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Post by doctorwho on Jan 28, 2008 21:01:47 GMT -6
Traffic will be fine on Eola....It can handle it........ You have to admit, that is much easier to say when one doesn't have to travel half way across the district to get there. I'd be a lot less concerned about the Eola traffic if I didn't also have to be concerned about the traffic on Aurora Ave / North Aurora Ave, Ogden Ave, Rt 59 and any ' short cuts' as well. Bad traffic on any one of those 5 roads will make a very bad commute- horrific. I don't like the odds
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Post by cambridgegal on Jan 28, 2008 21:08:21 GMT -6
Traffic will be fine on Eola....It can handle it........ I know you said this here and on the other thread, but it currently IS NOT FINE during either rush hour time frame. I can see out of my kitchen window the traffic directly in front of the school site....it may actually get worse with the school going in and the traffic light. I don't call a one mile back up 'light traffic'. It is a definite problem that will have to be addressed.
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Post by Arch on Jan 28, 2008 22:15:37 GMT -6
No worries...I also held out hope that BB would go by the wayside and AME would actually be chosen...even in light of them winning the traverse...even when all looked like it was going the right way for BB. I therefore expect nothing less from them....Now I also while railing against BB was also on record as saying I would support BB after the 1st shovel of dirt is turned; I also expect the same. The ball's actually still in play.. but once it stops, yes.
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Post by wvhsparent on Jan 29, 2008 7:36:55 GMT -6
Traffic will be fine on Eola....It can handle it........ You have to admit, that is much easier to say when one doesn't have to travel half way across the district to get there. I'd be a lot less concerned about the Eola traffic if I didn't also have to be concerned about the traffic on Aurora Ave / North Aurora Ave, Ogden Ave, Rt 59 and any ' short cuts' as well. Bad traffic on any one of those 5 roads will make a very bad commute- horrific. I don't like the odds Face it...Traffic sucks in the area period!!
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Post by Arch on Jan 29, 2008 7:57:24 GMT -6
You have to admit, that is much easier to say when one doesn't have to travel half way across the district to get there. I'd be a lot less concerned about the Eola traffic if I didn't also have to be concerned about the traffic on Aurora Ave / North Aurora Ave, Ogden Ave, Rt 59 and any ' short cuts' as well. Bad traffic on any one of those 5 roads will make a very bad commute- horrific. I don't like the odds Face it...Traffic sucks in the area period!! Coming from Diehl down Raymond and Ogden all the way out to Rt. 59 flies in the morning because it's counter-commute. It's fun doing the speed limit the whole way flying past the parked cars going north. Many overlook the fact that their 'it's not that bad' morning commute to school today is counter-commute.
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Post by d204mom on Jan 30, 2008 19:49:25 GMT -6
Interesting take from D203 on bond premiums. www.naperville203.org/assets/PlanforUpgradingFacilities2007%2D2012%2Epdf5. Explain the bond issue further. What are some of the details? Are there different ways to issue the bonds? When bonds are issued, the purchaser can sometimes bid a premium (provide more funds) above the face amount of the bonds. This amount can be relatively small (less than 1% of the face amount) or it could be significant – even several million dollars. However, all of it (the face amount of the bonds as well as any premium) has to be paid back with interest – so a significant premium (in addition to the face amount of $43 million, in the case of District 203) would drive up the cost of the bond to taxpayers. The Board of Education is committed to collecting no more than $43 million in funds toward the project – as indicated by the “Estimated Tax Impact of $43 Million Bond Issue” chart in the Facilities Financing section of District 203 Plan for Upgrading School Facilities 2007-2012. “Zero coupon bonds” are bonds with no regular interest payment – all of the interest is paid when the bond comes due. This can lower the initial payments, but increase the payments in later years – usually costing more than simple regular interest paying bonds in the long run. “Zero coupon bonds” are not being used.
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Post by blankcheck on Feb 2, 2008 17:41:12 GMT -6
So what have we purchased?
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