Loading...
2007-04-10 CCPD PacketCrime Control District and Prevention District Board Meeting April 11, 2007 Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork Central DPS Facility Funding • Cash Flow Projection - FY 2007 $ 7,490,000 - FY 2008 $ 5,687,642 - FY 2009 $13,194,16.4 Integrity ♦ Innovation • Accountability ♦ Commitment to Excellence ♦ Teamwork Funding Philosophy • Self fund —pay as you go — Would require use of district's reserves jointly with sales tax collections during construction period • Combination (self fund and short-te Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork Integrity • Innovation ♦ Accountability • Commitment to Excellence ♦ Teamwork 50UTHLAKE DEPARTMENT OF PUBLIC SAFETY LEE LEWIS CONSTRUCTION, INC. 3repared March 2007 CASH FLOW PROJECTION °% CASH PROJECTION TOTAL COMPLETE MONTH COMPLETE by MONTH by MONTH LUUQ rural Uell y March 7V 5.1 °% --- 11 .- 538,672 1,194,447 April 8.0°% 679,195 1,873,643 May 11.2°% 749,457 2,623,100 June 13.1 °% 444.990 3,068,090 July 16.9% 889,980 3,958,070 August 22.2% 1,241,288 5,199,359 September 24.5/ — 538,672 513% C'31 5,738.031 October 31.0% 1,522, 335 7,260,366 November 46.2°% 3,325,716 10,586,081 December 55.0% 2,295,212 12, 881,294 2009 January 61.2% 1,452,073 14,333,367 February 67.6°% 1,498,914 15,832,281 March 75.4% 1,826,802 17,659,083 April 82.0% 1,545,755 19,204,838 May 87.1 °% 1,194,447 20,399,285 June 91.3°% 983,662 21,382,948 July 94.26% 679,195 22,062,143 August 95.9°% 398,149 22,460,292 September 98 2%a 538,572 19, `2&0,g33 22,998,964 October 100.{}'a 421,570 ��/ 5 7C-1 23,420,534 TOTAL 5 << $23,420,534 $23,420,534 04-10-07 Crime Control Central Facility Loan Amount: Term of Loan: Amortization Method: Due Date $4,000,000.00 Loan Date: 3 Annual Interest Rate: Normal, 360 DN Interest Compounded: Amount Interest Princi 04-01-2009 5.000% Monthly Balance 08-01-10 1,566,767.79 275,164.25 1,291,603.54 2,708, 396.46 08-01-11 1,566,767.79 138,566.70 1,428,201.09 1,280,195.37 08-01-12 1,345,692.59 65,497.22 1,280,195.37 0.00 Grand totals 4,479,228.17 479,228.17 4,000,000.00 Page 1