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FINANCING WORKSHEET
<br />i 19-Mar-99
<br />Property Acquisition $ 1,000,324
<br />Demolition and Remediation $ 1,768,687
<br />Contractor Bid - Subtotal $ 18,459,484
<br />Tenant Improvements $ 508,344
<br />Furniture and Equipment $ 493,000
<br />Fees andlnsurance $ 548,241
<br />Indirect Costs $ 5,219,029
<br />Total Direct and Indirect Costs $ 27,997,109
<br />County Project Contingency $ 1,976,696
<br />County Remediation Contingency $ 300,000
<br />County Debt Reduction Contingency $ 2,000,000
<br />SAMT Contingency (From Transit Grant) $ 288,843
<br />Total Estimated Costs (before financing) $ 32,562,647
<br />Adjustments to Net Requirements
<br />Transit Grant - Project Costs $ (7,684,182)
<br />Transit Grant - Land Acquisition $ (1,683,922)
<br />Transit Grant - Contingency $ (288,843)
<br />Transit Grant Total $ (9,656,947)
<br />City Streetscape Funding $ (1,200,000)
<br />CCN Equipiment Funding $ (150,000)
<br />County Administrative Overhead (140 Fund) $ (180,000)
<br />. Chevron Reimbursement
<br />Liu Settlement $
<br />$ (90,000)
<br />(24,963)
<br />Management Services Fund $ (19,400)
<br />Community Development Block Grant Fund $ (111,747)
<br />Solid Waste Management Loan $ (1,000,000)
<br />Interest on Solid Waste Management Loan $ (30,000)
<br />Solid Waste Interiors Reimbursement $ (45,000)
<br />Property Sale / Bekins Refund $ (4,255)
<br /> $ (12,512,312)
<br />Net Requirement ; 20,050,335
<br />Deposit to Project Fund $ 20,050,335
<br />Interest Earned on Project Fund (@4.5%) $ (785,162)
<br />Subtotal $ 19,265,173
<br />Deposit To Capitalized Interest Account $ 1,660,488
<br />Cost of Issuance $ 350,098
<br />Insurance $ 134,000
<br />Original Issue Discount $ 74,933
<br />Total Uses S 21,484,692
<br />M/NUS Unused Debt Reduction Fund Early Bond Redemption $ (2,000,000)
<br />ESTIMATED DEBT AFTER EARLY BOND REDEMPTION S 19,484,692
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