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Sportsplex <br />2 Year History: FV 2004.05 and FY 2005-06 <br />Gounty Contribution to Sportsplex: <br />Fiscal Year 2004-05 Approved <br />Funding $400,000 <br />Plus: Fy 2004-05 Budget Amendment $40,000 <br />Fiscal Year 2005-06 Approved <br />Funding $400,000 <br />o a wo-..ear oun <br />Contribution to Sportsplex $840,000- <br />2, Project Expenditures: <br />a. Payments Directly to Sportsolex <br />FY 2004-05 (full- ear $400,000 <br />FY 2005-06 (5 1/2 months) $183,333 <br />o a aymen s ~rec y o <br />.Sportsplex <br />$583,333 <br />b. Blackmon & Sloop <br />Due Dilligence Audit $13,000 <br />Expanded Audit As Requested by <br />Board $20,000 <br />ota aymen uec y; o <br />Blackmon & Sloop $33,000 <br />c. CRZ <br />o a aymen s or u'e 6ifhgence <br />'..(Facility Assessment) $22,035 <br />d. Project Management by Jeff Thompson <br />o a aymen s. or role@ <br />Management $9,200 <br />o a xpen a nor-fo ~'un y <br />Purchase and RFP Transition <br />(Items 2a through 2d) $647,568 <br />e. Funds Required for Remainder of Fiscal Year <br />2005-06 (After Purchase and RFP Transition) <br />Cont(nuation Subsidy at Current <br />Levei'to Be Paid taRFP (61/2 <br />months $216,((17` <br />Anticipated Additional Cash Flow <br />Needs (as rojected b RFP) $49,200 <br />Debt Bervice on Short-Term <br />Financing forTPurchase of Facility $90 ODO <br />o a un s , egmre or <br />Remainder of Fiscal Year 2005.06 <br />(After Purchase and RFP <br />Transition) $355,867': <br />Total Anticipated Funding Required <br />for Fiscal Years 2004-05 and 2005- <br />06 (Total of/terns 2a through 2e) $1,003,435 <br />(-13 <br />