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<br />Project Financing <br /> <br />. Approved project as recommended by the <br />Community Task Force on Recycled Water <br />must be financed to be built <br />. Strategy: <br />- Several bond issues over multiple years <br />- Review and adjust plan each year <br />. Costs are expected to increase why? <br />- Hetch Hetchy wholesale water costs <br />- labor & materials for on-going operation / repair <br />- Construction materials <br />- Financing / debt service <br /> <br />4 <br />