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12 - LCAD request to approve the purchase of the downtown Peoples Bank Building
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12 - LCAD request to approve the purchase of the downtown Peoples Bank Building
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Esimated Cost to entities to Purchase an existing Facility <br />Estimated Purchase Price: $650,000; Loan amortization = $48,000.00/yr <br />Assumption: 25 year note at 5.5% interest. <br />Taxing Unit <br />Percentage of Appraisal Budget <br />Pro Rata Share <br />Per Qtr <br />City of Blossom <br />0.3596 <br />$172.61 <br />$43.15 <br />City of Deport <br />0.1572 <br />$75.46 <br />$18.86 <br />City of Paris <br />13.9297 <br />$6,686.26 <br />$1,671.56 <br />City of Reno <br />1.0764 <br />$516.67 <br />$129.17 <br />City of Roxton <br />0.1533 <br />$73.58 <br />$18.40 <br />Chisum ISD <br />18.2129 <br />$8,742.19 <br />$2,185.55 <br />North Lamar ISD <br />18.7684 <br />$9,008.83 <br />$2,252.21 <br />Paris ISD <br />17.0294 <br />$8,174.11 <br />$2,043.53 <br />Prairiland ISD <br />3.8196 <br />$1,833.41 <br />$458.35 <br />Paris Junior College <br />4.2949 <br />$2,061.55 <br />$515.39 <br />Lamar County <br />19.8420 <br />$9,524.16 <br />$2,381.04 <br />Honey Grove <br />0.1449 <br />$69.55 <br />$17.39 <br />P = $650,000.00 <br />Rate= 5.5% <br />Payments= $4,000.00 x 12 = $48,000.00 <br />
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