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2. <br />3. <br />4. <br />Transit District funds <br />Federal Grant (County) <br />Equity (Franklin Bldg) <br />Equity (Senator blk. land) <br />Transit funds to MCO <br />Land leases <br />Certificates of Participation <br />Parking Revenues <br />Private leases <br />Urban renewal (Salem) <br />$7,000,000 <br />3,583,203 <br />1,000,000 <br />1,963,823 (does not include 3 private pazcels) <br />1,500,0007 <br />~ <br />120 - 150,000 / yr. <br />1 - 2,000,000 <br />Annual lease pa~ments (Marion County) <br />Based on occupancy of 72,900 nsf @$1.20= <br />(O&M costs = %) <br />(Debt service= %) <br />$1,050,000/ yr. <br />a. The County will occupy 72,900 nsf in 1999 (including `/z the hearing <br />room). <br />b. 350 parking spaces underground. Total parking spaces not to exceed <br />409. (Co. owns parking) <br />c. Retail/service space will occupy ground floor <br />d. Debt service on $16,000,000 (COPs) @ 6% far 25 years is <br />$1,135,239/yr. <br />e. Reimbursements from Transit District for land and parking are not <br />known at this time. <br />f. Assume 60% of lease payments are needed for O&M. 40% is <br />available for debt service. <br />g. 1999 County rent for Courthouse Sq. will be $1.20/nsf. Projected <br />rental rates in other County bldgs will not exceed $0.90/nsf. <br />h. Construction costs are estimated at $90/gsf for planning purposes <br />