A 35 million dollar project with 5 mil in initiation fees , 1/3 needs to be financed . So the owners are coming up with 15 mil and looking for an extra 10 to 15 mil in private placements . Considering this investment as speculative , a10 percent interest rate is probally what it will take to sell the paper . Interest charges will be 100 gs per month, plus heating that pool , has to be 25g s per month . Add in property taxes , payroll and expenditures this could cost 200 per month .Fees from members will be 225 gs per month .