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<br />EncIosure.#2 <br /> <br />Karth Lake Pumping Project Financing Scenarios <br /> <br />SelmaNo #1: Current Proposal <br /> <br />. <br /> <br />Resident CoSt <br />City Cost <br /> <br />1 Year Average 3 Year Average <br />$58,493 $424 $1,272 <br />$58.493 NIA N/A <br /> <br />3 Year Range <br />$551 to $1 899 <br />N/A <br /> <br />Key Assumptions and Figures <br />1. Project Cost Used: All Direct Expenses $116.986 <br />2.,City Percentage Cost AlloCation 50% <br />3. Improvement District Cost Allocation sd% <br />4, Indirect expenses sucH as reduced interest earnings, ongoing maintenance of the district. and staff time are not included in the total project cost <br /> <br />Scenario #2: Construction Cori'tract EXpense-Only; Equal Percentage Distr;'blition <br /> <br />Re'sJdrmt Co~t <br />Ci'y,~h~re Cost <br />CUy Tota/Cost <br /> <br />1 Vear Average 3 Year Average <br />$49.350 $358 $1,073 <br />$49,350 N/A N/A <br />$67.636 <br /> <br />3 Year Range <br />$465 to $1603 <br />N/A <br /> <br />KeyAs'siJmptfons and Figures <br />1.-~roJect CostUsed:~OJi:structjon Contract Only $98,700 <br />20' City Percentage Cost Allocation 50'>;0 <br />3, Impfovei1i~:mt District Cast Alioeation 50% <br />4: Indir~ct expensessoch'as reducediriterest ea'mih'gs, ongoing maintenance of the district, and staff time are not included in the project cost <br />5: Di"rectexpenses for design engineering, construction engineering, and legal expenses are not included in the total project cost <br /> <br />Sc'enaHo #3: Afi DireCt EXpenses; 60/40 Percentage Distribution <br /> <br />Res"ldent Cost <br />City Cost <br /> <br />1 Year Average 3 Year Average <br />$46,794 $339 $1,073 <br />$70,192 N/A N1A <br /> <br />3 Year Range <br />$441 to $1520 <br />N1A <br /> <br />. <br /> <br />KeyAssumptionsandFigures <br />1,:ProjectCdsttJsed: Construction Contract Only $116,986 <br />2~,'CitY Percentage CostAlloc'ati6n 60% <br />3. Improvement District CO'st Allocation 40% <br />4. lhdirect expenses such as reduced interest earnings, ongoing Iilaintenanceof the district, and staff lime are not included in the project cost <br /> <br />Scenar!o'#4: ConstrtictionContract Expense Only; 60140 Percentage Distribution <br /> <br />Resident Cost <br />City Cdst <br />City TO-tal Cost <br /> <br />1 Year Average 3 Year Average <br />$39,480 $286 $858 <br />$59,220 NIA N/A <br />$77.506 <br /> <br />3 Year RanglJ <br />$372 to $1282 <br />N/A <br /> <br />Key Ass'umptions andRgutes <br />1. Project Cost Used: Construction Contract Only $98,700 <br />2. City Percentage Cost Allo'cation 60% <br />3. Improvement District Cost Allocation 40% <br />4. .Indirecte)(penses such a's reduced interest earnings, ongoing maintenance of the district, and staff time are not included in the project OOst <br />5. Direct expenses for design engineering, construction engineering, and legal expenses are not included in the total project cost <br /> <br />. <br />