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FACILITIES Bl :T AND SOURCES OF FUNDING <br />F^rilities Budget <br />Original Budget Amount <br />Amount by which the actual land <br />costs were reduced based on the <br />planned sale of the existing <br />municipal site and the sewer <br />plant property <br />Total Original Facilities Budget Amount <br />ppurces of Funding <br />Bond Proceeds <br />Sale of Land <br />Building Fund (Interim) <br />Building Fund (Permanent) <br />Total <br />$4,075,000 <br />184,000 <br />$4,259,500 <br />$3,550,000 <br />184,500* <br />400,000** <br />125,000 <br />$4,259,500~ <br />Building Fund. <br />A 10% reserve of $400,000 was required to be set aside from <br />Che total bond proceeds. This reserve can be used to repay <br />the Building Fund after the bonds have been repaid.