The INITIAL cost of this project is $11,800,000.

The interest on the 15-year bonds will cost $3-4 million and the artificial turf will need to be replaced in 8-10 years for another $3-4 million.

It’s fair to estimate that the total cost for this project over 15 years will be $18 million!

The Town Council continues to assert that the revenue stream from the Westfield Crossing PILOT program will fund the majority of the project cost. This is a misleading statement.

The Westfield Crossing PILOT payments are back-end loaded. The first 15 years pay less than $8 million (see General Ordinance 2216, page 45).

That leaves over $10 million for taxpayers to fund within the first 15 years.