devious gym ?

I am at a loss to explain how the City Manager came to the conclusion that it would be CHEAPER to borrow the money for the gym that to float a bond. Is there ANYTHING cheaper than a municipal bond? Not that I know of. It seems much more like an attempt to subvert the City charter and get around its intent. Perhaps there is a logical answer to this. If so, I would be happy to hear it. Until then, its just another devious trick to stifle the voice of the taxpaying residents.