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08-14-1980 Council Minutes Special Meeting-sewer info
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08-14-1980 Council Minutes Special Meeting-sewer info
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� Page 16 <br /> II RETURN ON INVESTMENT ON BOND PROCEEDS <br /> Assuming Initial amount of $977,450.00 for construction cost and engineeri; <br /> . percentage and $17,000.00 incurred costs as of August 14, 1980 = $994,450. <br /> round that off to $1,000.000.00. <br /> October 15, 1980 $1,000,000.00 <br /> $17,000.00 interes <br /> December 31, 1980 $ 742 ,500.00 <br /> February 28, 1980 $ 639,500.00 $ 9, 860. 00 <br /> May 30, 1981 $ 382,000.00 $12,790.00 <br /> June 30, 1981 $ 176,000.00 $ 2,600. 00 <br /> July 15, 1981 $ 586.00 <br /> �42, 836.00 <br /> Still leaves $150,000.00 from contingencies, easements, etc;__ if---�ane used <br /> from October 15,��980 - July 15, 1981: _�_ <br /> $150,Q�0.00 X . 08 X 10 months = $10,000. 00 <br /> ($1,000 interest per month) <br /> , III ASSESSMENTS WITH BOND COSTS , <br /> Unit Costs <br /> TO DATE: <br /> Engineering Easement Cost 7,699.20 = 75 = 102. 65 <br /> Legal Cost 2,000.00 = 75 = 26. 66 <br /> Administrative Cost 7,040.00 = 75 = 93. 86 <br /> 223� <br /> PROJECTED COSTS <br /> Legal . 2,000.00 = 75 = 26.66 <br /> Administrative 7,040.00 L 75 = 93. 86 <br /> Easements Acquisition 20,000.00 = 75 = 266.66 <br /> Easement Contingency 50,000.00 = 75 = 666. 66 <br /> Easement Engineering 5,000. 00 T 75 = 66. 66 <br /> Construction Congingency 50,000.00 = 75 = 666.66 <br /> Bonding 10,000.00 = 75 = 133.33 <br /> 9�4 9 <br /> Unit Total 2143.66 <br />
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