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The monster sinkhole along 15 Mile in Fraser could result in a monster repair bill.
Macomb County officials say work on the calamity is expected to cost at least $78 million but could exceed $100 million, reports Candice Williams of The Detroit News.
“This is an enormous thing that’s happening to the county,” says County Public Works Commissioner Candice Miller, who spoke Friday to the Board of Commissioners. “We’re up to the challenge. We’re going to get through this thing. We’re going to solve this problem. And somehow we’ve got to figure out how to pay for it.
“We’re starting to talk about what we have to do from a financial standpoint here. We’re probably going to do a short-term bond. Maybe a long-term bond because we need some immediate cash for many of the expenses here.”
