|
IP
<br />BAIAN'CE TO IAND OWNERS $41721140i
<br />rIA z I z III IV" 1 MV4M � 1: 4 �
<br />0
<br />11M
<br />Final, buyout in 7'.year's is $2,938,324 (thi's is $1,659,,,936 'in today's money).
<br />Thus City outlay wou, s f ollows:
<br />1,
<br />1. Cash, Upfront, - $637,000 (Hart & homeowner) $1,6590,936 (7 y
<br />buyout - present value), $2,296,9369
<br />2. Annual Playments, $349,000, - $44410000
<br />Ros,ewood
<br />Land,
<br />Total on
<br />Land Onl
<br />Year
<br />2 =
<br />7 a 5
<br />reduction
<br />9'01000
<br />354 f 105
<br />444,105
<br />$41367F730
<br />Year
<br />3 =
<br />7, 5
<br />rieduction
<br />910,F000
<br />327, 547'
<br />4171547
<br />$410401183
<br />reduict. ion
<br />900,000
<br />0,
<br />�3 31,0131
<br />393,013
<br />$3,737,170
<br />Year
<br />5=
<br />7,5
<br />a
<br />r�e,d,u,cti,on
<br />901,000
<br />I �2 810 12 -97
<br />3701287
<br />$3f456,883
<br />Year
<br />6 =
<br />7 .5
<br />reduction
<br />901000
<br />2 5 9,F x'66
<br />349,266
<br />$3,197,590
<br />5401000
<br />Balloon
<br />$21938,324
<br />Final, buyout in 7'.year's is $2,938,324 (thi's is $1,659,,,936 'in today's money).
<br />Thus City outlay wou, s f ollows:
<br />1,
<br />1. Cash, Upfront, - $637,000 (Hart & homeowner) $1,6590,936 (7 y
<br />buyout - present value), $2,296,9369
<br />2. Annual Playments, $349,000, - $44410000
<br />
|