It was agreed by Faversham Town Council a couple of years ago to borrow £175,000 to put towards the Creek Swing Bridge.
It is the council’s intention to apply for the loan now while rates remain low (currently 2.9%).
We need to provide evidence of current agreement from residents of Faversham.
Are you in agreement to Faversham Town Council borrowing £175,000 over 50 years at the repayment of £6,700 per year for the Creek Swing Bridge?
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