Problem
Policy application. Financing public capital should take into consideration both interpersonal and intergenerational equity. Consider how you might want to finance the construction and operation of a public recreational facility with an expected 30-year useful lifetime and a capacity to serve about 2,000 persons a day in a community of 25,000 people. Would the availability of competing private recreational facilities be a factor in your financing plan?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.