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2000-06-28-Minutes
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2000-06-28-Minutes
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8/18/2006 4:35:49 PM
Creation date
2/21/2017 11:49:05 AM
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CITY CLERK
Doc Name
2000
Doc Type
Minutes
CITY CLERK - Date
6/28/2000
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547 <br /> <br /> PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> Revenue Statement <br /> 2000 - 2001 <br /> <br />-- Anticipated Cash Position 9/30/00 $1,417,796 <br /> (These funds will be carried over to 2000/01 budget) <br /> <br /> Revenue 2000 - 2001: <br /> Estimated Sales Tax $900,000 <br /> Estimated Interest 25,000 <br /> Paris Packaging Payments 384,000 <br /> Total Current Revenue $1,309,000 <br /> <br /> Total Resources $2,726,796 <br /> <br /> Committed Funds: <br /> Texas Air Quality Coalition 5,000 <br /> Bond Debt Payments 393,811 <br /> Turner International Piping Systems 500,000 <br /> ($2,500,000 over 5 years) <br /> Hearne Street Extension 250,000 <br />__ Chapman Loan Payments 53,906 <br /> TCIM ($500,000 over 5 years) 150,000 <br /> Audit 3,500 <br /> Chamber of Commerce 226,593 <br /> <br /> Total Commitment of Existing Funds $1,582,810 <br /> <br /> Available Funds For Projects 2000 ~- 2001 $1,143,986 <br /> Long Term Obligations (as of 9-30-00): <br /> <br /> Bonds Payable (over 18 years) $3,980,000 <br /> Chapman Loan (over 3 years) 158,565 <br /> TIPS (over 3 years) 1,500,000 <br /> TCIM (over 3 years) 300,000 <br /> <br /> Total Long Term Obligations $5,938,565 <br /> <br /> <br />
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