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County Cost to Build and Operate Pool Only
<br /> Pool Costs = $3.5M (including land)
<br /> Year 1 2 3 4 5 6 7 8 1 9 10 1 Total
<br /> Debt Service Payment** 560,000 539,000 518,000 497,000 476,000 455,000 434,000 �j 3,000 392,000 371,000 4,655,000
<br /> Net Operating Costs*** 200,000 208,000 216,000 225,000 234,000 243,000 253,000 263,000 274,000 285,000 2,401,000
<br /> Total Annual Cost 760,000 747,000 734,000 722,000 710,000 698,000 687,000 676,000 666,000 656,000 7,056,000
<br /> TYAA 400,000 400,000 400,000 400,000 400,000 400,000 400,000 400,000 400,000 400,000 4,000,000
<br /> Difference 360,000 347,000 334,000 322,000 310,000 298,000 287,000 276,000 266,000 256,000 3,056,000
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<br /> *Pool based on 50 meter pool comparable to TYHA planned facility.Pool is based on$3.2 m. Land based on 12 acres at$25,000 per acre.
<br /> **Debt Service assumes debt is financed for 10 years at an interest rate of 6%.
<br /> ***Future years calculated at 4%increase each year.
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