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2001-06-12-Minutes
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Last modified
8/18/2006 4:35:46 PM
Creation date
2/21/2017 11:49:15 AM
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CITY CLERK
Doc Name
2001
Doc Type
Minutes
CITY CLERK - Date
6/12/2001
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634 <br /> <br /> PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> Revenue Statement <br /> 2001 - 2002 <br /> <br /> Anticipated Cash Position 9/30/01 $1,182,796 <br /> (These funds will be carried over to 2001/02budget) <br /> <br /> Revenue 2001 - 2002: <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 $2,491,796 <br /> <br /> Committed Funds: <br /> Texas Air Quality Coalition 5,000 <br /> Bond Debt Payments 394,011 <br /> Turner International Piping Systems 500,000 <br /> ($2,500,000 over 5 years) <br /> Heame Street Extension 250,000 <br /> Chapman Loan Payments 53,906 <br /> TCIM ($500,000 over 5 years) 100,000 <br /> Audit 3,550 <br /> Chamber of Commerce 236,359 <br /> <br /> Total Commitment of Existing Funds $1,542,826 <br /> <br /> Available Funds For Projects 2001 -2002 $948,970 <br /> Long Term Obligations (as of 9-30-00): <br /> <br /> Bonds Payable (over 17 years) $3,860,000 <br /> Chapman Loan (over 2 years) 104,515 <br /> TIPS (over 2 years) 1,000,000 <br /> TCIM (over 3 years) 175,000 <br /> <br /> Total Long Term Obligations $5,139,515 <br /> <br /> <br />
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