I read with interest that the new bridge on DeFouri Street has finally been approved (“City may award contract soon to replace old DeFouri Street bridge,” Sept. 2). If the town had a public bank, as has been proposed, the cost could be between 30 percent and 50 percent less than if the town were to float a bond in typical fashion. The town will start paying interest on the bond long before construction begins. Not true with a public bank. The interest, in all probability, would be higher than if we had our own bank. I would urge everyone to go to bankingonnewmexico.org to learn the many advantages of having a public bank.
Sally Saboo – Santa Fe
