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CCP 06-24-1996
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CCP 06-24-1996
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<br /> ~- <br /> .. <br /> APPENDIX VII . <br /> -. <br />PROJECT UNDER PERFORMANCE <br /> Allowance Dollar . <br /> For Error Exposure <br />Operating Budget $758,949 15.00% $113,842 . <br />Revenue Hours <br />Columbia Users 1,250 15.00% $23,438 I <br />Girls' Sports 1,500 15.00% 28,125 <br />Local Associations 2,622 . 0 <br />Figure Skating 900 25.00% 28,125 <br />Open Skate 330 50.00% 20,625 . <br />Short Track Speed 150 50.00% 9,375 <br />Park & Rec. 0 0.00% 0 <br />MASC Tournaments 1,388 0.00% 0 . <br />Camps 400 50.00% 25,000 <br />Indoor Soccer 480 0.00% 0 <br />Seasonal Hockey 1,380 0.00% 0 I <br />Subtotal Revenue Hours $134,688 <br />Total Oollar Exposure $248,530 .. <br />Guarantor's Share (20%) $49,706 <br />. Assume that either i) pre-sale of ice to local associations consumes . <br />this time, or ii) MASC tournament activities are expanded to use the <br />avaiiable hours since this time occurs during the winter season. <br /> . <br /> . <br />PROJECT MELTDOWN - Facility is closed, <br />Basic Maintenance Costs . <br />Utilities $10,000 <br />Security Service 1,000 . <br />Insurance, License 10,000 <br />Administration Overhead 10,000 <br /> $31,000 <br />Net Debt Service Costs 556,000 . <br />Total Annual Dollar Exposure $587,000 . <br />Guarantors Share (25%) $146,750 <br /> -. <br /> . <br />
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