Laserfiche WebLink
Solid Waste Loan Repayment - Actual amount of interest and principal repaid to SoGd Waste <br />upon bond funding. , <br />Legal - Estimated cost of project-related legal expenses. <br />County Administrative Overhead - Fstimated cost of intemal project-related management and <br />administration (County only expense). <br />Move-In Costs - Estimated cost to relocate from interim office space to Courthouse Square. <, <br />Move-Out Costs - Estimated cost of relocating from the Senator block to temporary offices <br />(County). Transit costs ref~ec[s estimate of Transit's share of County's moving cost from the <br />Senator building (County estimate). <br />Private Tenant Moving Expenses - Actual cost to relocate private Senator block tenants (cost <br />shazed 68.71% / 31.29%). <br />CAPITALIZED INTEREST ACCOLTNT - Interest only bond payments made during <br />construction and move-in phases. Paymeats assume a 4.99% interest rate, equal project draws <br />and rent generation date of no later than 12/1/2000. <br />INTEREST EARNLD ON CONSTRUCTION FLTND - Estimated amount earned on the project <br />fund during the construction term. Assumes a 4.50% Interest rate, equal project draws and a <br />liquidated project fund by 8/1/00. <br />FINANCING COSTS-Includes the cost of issuance, underwriter's fee and bond insurance <br />associated with the bond financing. <br />PRO7ECT CONTINGENCY-The project contingency is intended to fund uniden~ed, <br />unfunded, or unexpected hazd or soft costs during the construction phase. <br />REMEDIATION CONTINGENCY-The Remediation wntingency is intended to fund the <br />identification, removal and disposal of contaminated soils or ground water that may be identified <br />during the course of coastruction. <br />DEBT REDUCTION FUND-The debt reduction fund is intended to buy back bonds at the end of <br />the construction phase to reduce project debt service. <br />