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`~ <br />~ <br />SUMMARY BE ST CASE <br />~; ~ PROJECTION <br />COUNTY CASH REQUIREMENTS <br />~ Assumptions: <br />85:1 Ratio <br />Gross Square Footage: 71,700 <br />Net Square Foota~e: 61,000 <br />Total Project Cost: (Marion County Building, Par~ing and So~t Cost.) <br />~12,685,000 @ ~80.00 GSF <br />Annual Debt Terms: <br />C 6.5% (Using C.O.P.'s) <br />(Total Annual Coat) <br />25 year amortization: ~1,027,800 (+) O/M ~246,000 = ~1,273,800 <br />40 year amortization: ~ 891,182 (+) O/M ~246,000 =~1,137,182 <br />Less: Par~ang Income <br />County income 120 stalls: @~50.00 ea. _~ 72,000 <br />Private 87 +/- stalls: C~50.00 ea. = 52.200 <br />Total Par~xing Income: _ ~124,200 <br />Annual Cost: (Budget) (Cost Per/S~ <br />2j year amortization: ~1,149,600 / 61,000 NSF: fi18.8~ vs. ~14.40 <br />~0 year amortization: v~1,012,982 / 61,000 NSF: ~16.60 <br />Cas~ 1}i~~erence: <br />Budget: ~1,080,000 <br />25 year: ~1,1~9,600 <br />D~f~.: (~ 69,600) <br />Budget: ~1,080,000 <br />40 year: ~1,012,982 <br />Di{~er.: ~ 67,018 <br />(Per / Randy C~tis) <br />(L'nd~ Bud~~t.) <br />~County Bud~et at ~14.40 / ~1.20 mo. <br />~ Lo uc • as~i Requirement) <br />~ <br />5 year: ,~ - ~ 40 year• -0- <br />Fl5 ss. 9 9.5 <br />IRental rate- nee~ to meet cost under current moc~el: Using 71,700 GSF I <br />2~ year: ~ 16.03 /~ 1.33 mo. 40_ year: ~ 14.13 /~ 1.18 mo. <br />IT SHOL;LD BE \'OTED THAT THE O:~'LY COST SAVI\'G IDEA USED <br />IN THIS MODEL IS TO DECREASE THE COr'II~IO~' A.REA BY 4,500 SF. <br />page 4/ Wont ~ Best Case Projections <br />DAN BEBREY, P. C., BBOKER <br />