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1978
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1978
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9/3/2015 9:08:20 AM
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CITY CLERK
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LxiiiUrf A (CUNT) <br />III-COST TO BE REPAID BY THE CITY FOR WATER SUPPLY <br />STORAGE' SPACE <br />Present Use Storage <br />'Storage Space No. <br />cost of 21,900 acre-feet of water supiTlY storage <br />618,681.00 <br />(20.00% x $3P093,407.) <br />.-Interest during; construction* <br />23 225.00 <br />(20.00% x $116,127).- <br />Investment Cost 641,906.00 <br />Less credit for principal payments Tn.xle under <br />Contract No. DA-34-066-CIVENG -6 5-1272,thru <br />-April 1977 (-)85,326.69 <br />storage*Space. No. I cost to be amortized <br />over 40 years 556,579.31 <br />Storage Space No. 2 <br />Cost of 21,900 Acre-feet of water s.n ply storage <br />(20.00%.x $3,093,407) 618,681.00 <br />Interest during construction <br />23,225.00 <br />(20.00% x $116,127Y , <br />Investment Cost <br />641,906-00 <br />Plus interest - accrued from 30 Septenber 1977 <br />(end of 10 year interest free p eriod) on <br />$6'41,906 . pursuant to . Article 5a, Contract No. <br />DA-34-066-CIV) 'NG-65-12721 <br />10 068.00 <br />storage e Space No. 2 cost to be . <br />. <br />651,974.00. <br />over 50 years <br />Future Use "Storage <br />cost of 65,800 acre-feet of w ater surely <br />Storage (60.00%.x $.3,093.,4107) <br />1,-856,045.00 <br />Interest during; (60.00%x $116,127) <br />69.,677.00 <br />. <br />Total Future use investment cost <br />1,.925,722.00 <br />Total Present, and Future use cost <br />3,134,275.31 <br />
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