The city of Fredericton operates automobile parking facilities and is evaluating a proposal to erect and operate
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Question:
The city of Fredericton operates automobile parking facilities and is evaluating a proposal to erect and operate a structure for parking in the city's downtown area. Two designs for a facility to be built have been identified (all values are in thousands of dollars):
| Design A | Design B | |
| Cost of site | $ 224 | $ 180 |
| Cost of building | $ 2,410 | $ 516 |
| Annual fee collection | $830 | $750 |
| Annual maintenance cost | $410 | $360 |
| Service life | 30 years | 30 years |
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