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CCP 06-24-1996
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CCP 06-24-1996
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5/8/2007 1:12:51 PM
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11/10/2006 3:12:05 PM
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<br />I' <br />I As a result of the assumptions described, a total annual exposure of $248,530 or $49,706 for <br />.- each of the guarantors would occur. <br /> Project Failure. In the unlikely event that the project is shut down entirely, we have assumed <br /> that a basic level of maintenance would be required including securing and insuring the facility. <br /> In addition, the debt service and county fees would continue to be paid. These assumptions <br />. result in a total annual exposure of $587,000 or $146,750 for each of the four gross lease <br /> obligors. <br />I <br />I <br />. <br />I <br />. <br />Ie <br />. <br />I <br />. <br />I <br />I <br />I <br />I <br />Ie <br />I DRAFT REPORT 5/30/96 Page 14 <br />
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