Could the county finance this project on its own?

New Hanover County could issue debt for the public facility on its own and pay the interest on that debt. This method will be evaluated as a way to move forward with the project, but will have to be weighed against the increased cost of construction and rising interest rates (versus the MOU and lease agreement that was originally proposed, which locked the county into a fixed cost for the project over 20 years).

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1. What is the goal of the project?
2. What services will the library have?
3. What services will the museum have?
4. What happens to the current Cape Fear Museum building?
5. Is parking on the block being factored into the project?
6. When will construction begin?
7. When will the private side of the block be developed?
8. What’s included in the private development?
9. What does the Local Government Commission (LGC) approve related to the project?
10. Could the county finance this project on its own?
11. What are the benefits of a Public Private Partnership for this project?
12. How was a public-private partner chosen?
13. Is this project similar to the Government Center redevelopment?