The interest has actually been quite good with this program. From a cost-benefit perspective, a municipality could save significant dollars. In the current market you're probably looking at about 1% or 1.5% interest savings. So on a $10-million infrastructure loan over a 15-year period, a municipality could save upwards of $1 million or $1.5 million. That is not insignificant to a municipality's bottom line.
On March 15th, 2010. See this statement in context.