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County Cost to Build and Operate Pool Only
<br />Pool Costs = $3.5M (including land)
<br />Year
<br />1
<br />2
<br />3
<br />4
<br />5
<br />1 6
<br />1 7
<br />8
<br />1 9
<br />10
<br />Total
<br />Debt Service Payment"
<br />560,000
<br />539,000
<br />518,000
<br />497,000
<br />476,000
<br />455,000
<br />434,000
<br />413,000
<br />392,000
<br />371,000
<br />4,655,000
<br />Net Operating Costs-
<br />200,000
<br />206,000
<br />216,000
<br />225,000
<br />234,000
<br />243,000
<br />253,000
<br />263,000
<br />274,000
<br />285,000
<br />2,401,000
<br />Total Annual Cost
<br />760,000
<br />747,000
<br />734,000
<br />722,000
<br />710,000
<br />698,000
<br />687,000
<br />676,000
<br />666,000
<br />656,000
<br />7,056,000
<br />TYAA
<br />400,000
<br />400,000
<br />400,000
<br />400,000
<br />400,000
<br />400,000
<br />400,000
<br />400,000
<br />400,000
<br />400,000
<br />4,000,000
<br />Difference
<br />360,000
<br />347,000
<br />334,000
<br />322,000
<br />310,000
<br />298,000
<br />287,000
<br />276,000
<br />266,000
<br />256,000
<br />3,056,000
<br />mAzallyhoolcom 1.wk3
<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 />r. 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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