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2004_0719_Packet
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2004_0719_Packet
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5/12/2014 3:51:16 PM
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12/14/2009 1:43:09 PM
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� � � � I <br />• \ • <br />�� <br />:•�. •� �i i�.� . <br />For each category of uses a contingency is provided. For example, the estimated <br />acquisition cost of all the land is $44.69 million and a$4.47 million contingency, <br />which is 10% of the total cost, has been set aside. If the land is purchased for an <br />amount greater than the estimated cost, fiuids are available for the additional cost. <br />If the land is purchased for the estimated amount, the contingency is not necessary <br />for land acquisition and is available to help reduce the deficit. In the aggregate, <br />these contingencies amount to $6,724,890. For each dollar of contingency not <br />needed, the deficit is reduced by that amount. <br />���f� <br />
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