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<br />-4
<br />
<br />-----_1:::3___
<br />
<br />TAB.4 '
<br />LAWMA INCOME MINUS OPERATING EXPENSES AND DEBT SERVICE
<br />1997 THROUGH 2038
<br />
<br />. ,...:a ..
<br />.
<br />
<br /> (typical
<br />Item 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 vearl
<br />Membershio Dues 360 000 390,000 410000 410000 410000 410,000 410,000 410,000 410,000 410,000 410000 442,000 462,000
<br />Loans (new feasibilitvl 65,000
<br />---
<br />Other 30 000 8000 8,200 8,200 8,200 8,200 8,200 8,200 8,200 8,200 8,200 8,840 9,2401
<br />T otaJ Income 455,000 398,000 418,200 418,200 418,200 418,200 418,200 418,200 418,200 418,200 418,200 450,840 471,240
<br />Operatin!l 98 000 100 940 103 968 107,087 110300 113609 117,017 120528 124143 127 868 131,704 135,655 139725
<br />Legal 90,000 80,000 60,000 30 000 30 000 30,000 30 000 50,000 90,000 90,000 30,000 5000 5,000
<br />Engineering 80 000 60 000 40,000 30 000 30 000 30 000 30,000 50 000 60,000 60,000 30,000 30,000 30,000
<br />Debt Service 1 122,000 122,000 122000 122000 122,000 122000 122 000 122 000 122,000 122,000 183,360 183 360 183,360
<br />Debt Service 2 8,114 8,114 8114 8114 8114 8114 8114 8114 8.114 8,114 8,114
<br />Debt Service 3 67 200 67 200 67 200 67 200 67 200 67 200 67 200 67 200 67 200 67 200 112500 112,500
<br />Debt Service 4 7,000 7000 7000 7000 7,000 7,000 7,000 7,000 7,000 7000 0
<br />Total Expenses 398114 445,254 408,282 371401 374614 377 923 381,331 424,842 478,457 482,182 457378 466,515 470,585
<br />Contingency and
<br />Reserve Fund 56,886 9,632 19,550 66,349 109,935 150,212 187,081 180,439 120,182 56,200 17,022 1,347
<br />
<br />2009
<br />to 2038
<br />
<br />1 = $3.75 million loan (1996)
<br />2 = $65,000 1 st feasibility study
<br />3 = $2.24 million loan (proposed)
<br />4 = $65,000 new feasibility study
<br />
<br />6/16/98.
<br />
<br />LllO, tOY.Are.xl., 40r..ra
<br />
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