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<br />to be $784,000 when both facilities are funded, which is approximately 25% <br />of the statutory maximum. <br /> <br />The City has not issued any prior bonds under Section 475.521, and <br />expected debt service on the proposed bonds for the Project is within the <br />statutory limits. <br /> <br />Ehlers & Associates, Inc. <br /> <br />Page 10 <br />