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<br /> . <br /> . <br /> E 1TIent $ 25,000 <br /> I al Construction 224,000 <br /> $249,000 <br /> P cted project cost $1,393,000 1 '\ <br /> t . <br /> A tect & finance costs 181,000 rY'0'~ <br /> $1,574,000 c \ I \ . <br /> L ci ty Funds 224,000 . 0, ,\,)~, <br /> B ,ying Necessary $1,350,000 C( . <br /> Based his amount, the following is a comparison of the <br /> paymen 2quired with our continued rental costs at the <br /> existi: ocation. <br /> Projected P&I <br /> Rental Costs on new facility <br /> . B JW $1,350,000 x 20 years $132,424 <br /> E lated Occupancy Costs <br /> ntenance & utilities) 35,000 <br /> 'I Ownership Cost $167,420 <br /> P cted 1990 Rent assuming 2500' <br /> tional space plus 1/2 rent on <br /> Icil room at $12.50 per ft. <br /> 'al rate: , $135,043 <br /> E ing Rental Cost $ 55,000 <br /> Area c fice & council Room 11,110' 18,800' <br /> Using :ssumed 1990 taxable value of $115,000,000, the <br /> approx e mill rate for occupancy would be: <br /> . <br /> H-2 <br />