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1989 Water& Sewer Project <br /> Expenses: <br /> Principal and Interest Payments <br /> 1989 Revenue Bond $1,618,031 <br /> 1995 Refunding Bond 1,783,729 <br /> Total Principal and Interest Payments $3,401,760 <br /> Fiscal Agent/City Service Charges 27,740 <br /> Total Debt Service&Related Costs $3,429,500 <br /> 2000 Interim Sewer Capacity Lift Station Project 200,000 <br /> TOTAL EXPENSES $3,629,500 <br /> Revenues: <br /> Developer Deposits $176,570 <br /> Developer Assessments <br /> Phase I-Principal and Interest 261,239 <br /> Phase II-Principal and Interest 419,535 <br /> Total Developers'Revenue $857,344 <br /> Sewer Fees(from non-Hwy 12 Lift Station Project) 398,424 <br /> Sewer Op Constr acct(unused bonds from 89 project) 877,265 <br /> 1980 Debt Fund-closed to water portion 1994/1995 97,809 <br /> Total Confirmed Funding $2,230,842 <br /> Estimated Additional Funding <br /> Two acre residential development(25 units @$9,695) $242,375 <br /> Medium density residential development(40acres @ $13,000) 520,000 <br /> Commercial development(17 acres @$13,000) 221,000 <br /> Orono Ice Arena(4.5 acres @$13,000) 58,500 <br /> Orono Schools (30 acres @ $13,000) 390,000 <br /> Total Estimated Additional Funding 1,431,875 <br /> Total Revenues (Confirmed and Estimated Additional) $3,662,717 <br /> Excess of Revenues Over Expenses $33,217 <br /> updated 01/26/00 <br /> TOM\DEBTSERV\89-DEBT.123 <br />