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A $5 million antique carousel is shaking up local politics in Carmel, Ind.

The Carmel City Council is expected to consider $76 million in new bonds to pay for various projects, including one for a new luxury hotel, a couple of new roundabouts and, an antique carousel.

Carmel Mayor Jim Brainard says the carousel will increase quality of life for residents of Carmel and could help attract the "best and brightest employees coming out of the best graduate schools across the globe."

But, while some residents are excited for the opportunity to ride an old fake horse around in a circle, there are plenty who don't love the idea of spending the city's bond money on a century-old carousel.

Century-Old Carousel Has One Indiana City Going 'Round And 'Round