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PRELIMINARY <br />Salem Area Transit <br />Ch2 Transit Operating Pro Forma <br />Assumption Explanation <br />Assumption <br />Number <br />1-10 Used estimates from MMDC proforma dated 2-11-98, Rental reimbursable expenses <br />11 Based on current square footage/personnel to additional footage <br />12 - 13 Estimate based on information from other Transit Districts expenses on comparable <br />Malls <br />15 Estimate from Operations on estimated additional help needed <br />16 Parking Maintenance trade with County for other Maintenance services <br />17 Based on Market rates of 4% to 6%. <br />18 Used estimates from MMDC proforma dated 2-11-98, Rental reimbursable expenses, <br />Amount included in rental rate <br />19 Actual monthly rental on 3 downtown offices and Parking spaces <br />20 Average actual utiliry expenses for the 3 rented downtown offices <br />21 Actual annual rental on storage unit <br />22 Rental rate from MMDC proforma 2-11-98 applied to square footage with 5% vacancy <br />23 Rental rate from MMDC proforma 2-11-98 applied to square footage with 5% vacancy <br />24 Space rent of $50.00 with 20% vacancy =$40.00 applied to spaces available <br />25 Calculation from CH2 Land Lease Estimate prepared by R Curtis 1-28-98 <br />Ch2 ProForma 2/25/98 <br />