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04-27-1993 PTRC Meeting Minutes
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04-27-1993 PTRC Meeting Minutes
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Park Fund - continued <br /> Future Revenue & Spending <br /> * Interest rates will probably hold around 4%. <br /> On $500, 000 at 4% <br /> a. $20, 000 interest each year <br /> b. Park dedication fees will go down to approximately <br /> $12,775 for 1994 and 1995 and then diminish to <br /> zero unless we have future development. <br /> C. Contributions should remain about $12 , 000 from the <br /> Light Brigade, but that is also subject to change. <br /> * We should establish baseline spending of $20, 000 and then <br /> establish priorities with additional revenue that we may <br /> receive. <br /> • <br />
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