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COURTHOUSE SQUARE <br />COMBINED REVENUE SUMMARY <br />INCLUDING ANCILLARY COSTS <br /> <br />8ourca Projeat~d Dollar <br />AmouM OvK Lih o/ <br />Project pollu Amount <br />R~ived as M <br />8/30/97. ` Dollar Amo~unt <br />R~ived as of <br />7/71~7 -11/3G~7 Tcrtal Dollar ' <br />AmouM R~lv~d <br />to Dabs <br />oun evenue nds or s a ~s,495,~~e.oo o.oo o.oo o.oo <br />Transit District Federal FTA Grants b ~,675,5oe.oo ~,~86,050.00 0.00 ~,786,050.00 <br />Transit District Local Match - Federal Grants c 1,459,845.00 446,513.00 0.00 446,513.00 <br />Salem Area Mass Transit District Funds d 2a9,679.00 7o5,02a.oo 244,oaz.oo 9a9,086.00 <br />Transfers from Coun Funds: <br />Mana ement Services Fund e ~9,aoo.oo ~s,aoo.oo o.oo ~9,aoo.oo <br />Community Development Block Grant Fund (~ ~~~,~a~.oo ~os,es~.oo ~,880.00 ~~~,~a~.oo <br />LOtt6 Fund 459,031.00 232,000.00 227,031.00 459,031.00 <br />Solid Waste Mana ement Fund Loan h 600,000.0o soo,ooo.oo o.oo soo,ooo.oo <br />Chevron Reimbursement i so,ooo.oo o.o0 90,000.00 90,000.00 <br />Interest: ~,s00,000.00 <br />Interest from Revenue Bonds ' o.oo o.oo o.oo <br />Interest from Solid Waste Mone k 4,505.00 18,851.00 21,356.00 <br />Ci of Salem Streetsca I 2,000,000.00 0.00 0.00 0.00 <br />Bekins Refund m 438.00 438.00 0.00 438.00 <br />Prope Sale Refund (n) 1,323.00 1,323.00 0.00 1,323.00 <br />Coun 140 Fund o ~~2,000.00 O.oo o.oo o.oo <br /> <br />Proceeds from sale of land to Salem Area Mass 2,232,563.0o z,232,563.00 0.00 2,232,563.00 <br />Transit District <br /> <br />Mcilla COStB: ' <br />T.D. leased ex ansion s ace 52,0~~.00 0.00 0.00 0.00 <br />Co. leased ex ansion s ace r 262,280.00 0.00 0.00 0.00 <br />T.D. leased retail space (s) s2,s~o.o0 0.00 0.00 0.00 <br />T.D. arkin t 2a,ooo.oo o.oo o.oo o.oo <br />Co. arkin u ~oa,eao.oo o.oo o.oo o.oo <br />Co. leased s ace - Franklin Buildin V 158,000.00 0.00 0.00 0.00 <br /> <br />TOTAL 34,467,87s.0o 3,9os,12o.00 579,804.0o a,484,9u.oo <br />(a) To be so~d after the total costs are available; Type sold to be determined by financial advisors. <br />(b) Grant funds with restrictions for use. <br />(c) Local funds match required by Federal grants. <br />(d) Local funds not tied to Federal grants. <br />(e) 140 Fund (McCune) - appraisal <br />(~ <br />~9) <br />(h) To be repaid once revenue bonds issued. <br />(i) Negotiated portion for environmental cleanup. <br />G) <br />(k) <br />(I) For street landscaping at completion of project. <br />(m) Refund on moving costs. <br />(n) Refund from escrow closing. <br />(o) 50% salary for Projed Coordinator and assistant starting 7/1/98 for 18 months <br />(p) DO NOT add to total - already shown in Transit Distrid Federal FTA Grant dollars. <br />Revised:2/3/98 ~ <br />Form:2a <br />~ <br />~ <br />~ <br />~ <br />(q) Estimate (~ 51.60/sf/mn (54,334.72/mn), as of 1l28/98. <br />(r) Estimate ~ 31.80/sf/mn (521,855/mn) using 14,378 sf with 5% vacancy. <br />(s) Eatimate (~ S2.00/sfJmn (57,739.20/mn) , as of 1128/98. <br />(t) Estimate (~ S50/space/mn (s 2,000/mn) for 40 spaoea, as of 128/88. <br />(u) Esfimate ~ 540/space/mn ($8,720/mn) for 218 spaces. <br />(v) Eetimate (~ $158,000 for first year and escalatea from there. Be fully leased at end of second year. <br />• These revenues will aocumulate after CH2 built. <br />The numbers listed are eatimates for one year, but have on~oing atatus. <br />~ <br />