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1989_0117_packet
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1989_0117_packet
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11/23/2011 2:36:59 PM
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r <br />Improvements t Central, Park Tature er <br />150FOOO <br />( new tra3.1 s and p nding <br />Less "Improvement funds <br />, OO <br />Issuance costs <br />24F 000 <br />nual debt, service <br />12 , 0 0 <br />Cost to , 000 home <br />051 <br />Addition of second Ice Facility to Present <br />111 e Arenia (Multi-use i1it with concrete 11050,000 <br />1'' r s <br />Annual gross debt service <br />2 , 0 <br />Issuance costs <br />21FOOO <br />Annual net r a nu e f ro <br />operations <br />1070000 <br />Net debt service err <br />property tax <br />22,000 <br />Cost to $85,0100 home <br />510 , enovatio'n olf entra�l� Park Victoria co� p1s <br />0 <br />266,000 <br />(realignment, of f3.el s, new parking, area, <br />two I Oqhted f i el s new f e'nces,, new concession <br />facility <br />Less onat.one and <br />improvement fund, <br />100,000 <br />Issuance costs <br />3,F4OO <br />Annual debt service <br />20,F400 <br />Cost to $851,0100 home <br />60 Improvements t 'antra Park Dale Area <br />78,000 <br />(i,rr i ation11 new sod* new blea hers, new goals <br />for so' + +sr /"Foot all area ) <br />Lies s "improvement funds <br />50,000 <br />Issuance costs <br />500 <br />Annual debt service <br />3jr431 <br />Cost 'to $8.5,F000 home <br />11111,14 <br />SUMMARY OF TOTAL BOND ISSUE (see attached chart) <br />The Parks and, Recreation Commission has requested <br />the City <br />Council review the proposed referendum at the January <br />17th work <br />session, Several, the ommissi.'on members are expected to <br />attend, <br />
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