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<br />REPAYMENT CONTRACT STATUS
<br />
<br />The properly t.1X portion oi the p.1Yllll'nt rl'lm'~l'nls
<br />the ,nl valort'nl la' colll'l-li()n~ during the YP.1T Ih.ll
<br />are <It'sign.lIed for H.'p.lyment oi thp Fry-Ark Projl'(t.
<br />The~e dl'sign.lIl'd I.lXPS .l(counl for 95 pl'Teenl of
<br />tIll' District's folal property 1.1\ ('olll'ltions. Orw
<br />hundrl'd percent oi the fl'Vt'IlUt'S irom \Vinll'T wateT
<br />stor.:lge ,111<1 Project wateT ,lllocaliol1s go dirl'ltly to Rec!anhltio!l. Olher p.lYIlll'nls aTe din'd fl'llJill,Hlll'S
<br />to Red.ll1hllion for use oj tIll' Fry.Ark Projert i.lCililies hy v.1riOllS WMpf users im sIOT.lgl' ..1lld (h.liwry of
<br />non-Projl'ct waler and aTe ,llso credited to the Tl'I1<lynlt'1l1 oi Project rlt'I)!.
<br />
<br />During the yetIT 2002, p.lynll'1l1s to Red.ll1l,llioll
<br />totaled $5,262,236. Thb 101,11 \Va.. comprised oi;
<br />prOpl'rty 1<1Xl'~ ($4,270,47<.1), Winter \VJtl'r Slor.l~W
<br />(-h,1rge~ ($1 OH,J()6), Projl'(-t w.1tpr .1110talions
<br />($(,IJ,6 1 0) .m<l nth!'r p.1Yll1l'l1tS ($/\22,7/\ I).
<br />
<br />Tlu~ RelMYlllenl Contr,JCf n.'quires that rl'Vl'nUes
<br />iirsllll' applit'd to ,HlI1u,lI Opl'ration and
<br />M.,inll'I1.1I1ce ("o...t<, lOKM), llwn 10 inll'rl'sl on tlw
<br />Munidpal and Industrial (MS..l) halallCl' (J.04h% per
<br />.1I1nurn), Ill'xt to M&I delll obligation, .md l,lSllv 10
<br />Irrigation dl'llt ohlig.ltion. l\lyl1ll'nts to Rl'r!al11.lIion
<br />irom 1982 through Sl'ptt'llllll'r 30, 2002 lot.l1
<br />$7U,04J,269 .md h.wl' IH'l'n ,'pplil'd .15 inllows:
<br />O&M costs S 15,070,HSO, interest $32,19H,171 imd
<br />ell'hl ohligalion p,lYI11l'nts oi $JO,fJ74,248 hroh'n
<br />out to M&I $2h,lhh,J2(1 .lI1r1 Irrigation $4,407,1)22.
<br />The 2002 payment oi $S,262,2]b \vas .lpplied 10
<br />0&1\1 costs oi $924,2S] .1I1d intl'rt'st of $1,0(12,1 (d
<br />with tht' final $1,275,U20 applil'd ag.linstthe
<br />rern.lining olJligation.
<br />
<br />Beginning Bcll.lI1Cl', 19H2
<br />Less: l>'lymPflls (rFY 19U2 - 2002)
<br />
<br />M&I
<br />$17,/\/\/\,4/\5
<br />$26,127,014
<br />
<br />Ending B.lI.Ulle, Sl'p. -W, 2002
<br />
<br />$11,3(,1.431
<br />
<br />2002 Payments - $5,262,236
<br />
<br />Winler Water Project Water
<br />$108.366 \ / $60,%,610
<br />2% ...\
<br />
<br />Other
<br />$822,781
<br />t6%
<br />
<br />
<br />Property Tall
<br />$4,270.479
<br />81%
<br />
<br />
<br />Allocation of Total Payments
<br />$78,043,269
<br />
<br />Interestpaid\.
<br />$32:~~'(
<br />
<br />
<br />-1,-/
<br />
<br />'Irrigation Payments
<br />$4,407.922
<br />.-..
<br />
<br />0& M Cosls
<br />$15.070.850
<br />19%
<br />
<br />Irrigation
<br />$74.14/\.'J'JJ
<br />$ 4.407,922
<br />
<br />Tnl"!
<br />$ t 32,217,471l
<br />$30.'114.')7r.
<br />
<br />$hY,1J41,071
<br />
<br />$101,:W2,l)02
<br />
<br />AnyOlll' dl'~iring .1 more dl't.lilt'd .1Il<1Iysis oi the rep.lymellt contr.l( t Il1.1Y (onl.1<t thl' Di...lril'l ofliu'.
<br />
<br />, 20 .
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