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<br />'- <br /> <br />Table XVI shows that $312,924, or 16 percent, of the salea tax revenues <br /> <br />over the next twelve years will be required to finance the construction of <br /> <br />Construction Alternate One Modified. <br /> <br />Table XVII is the amortization schedule for Construction Alternate Two <br /> <br />Modified, These facilities are estimated to cost $292,000, The estimated <br /> <br />costs of the rehabilitation of the distribution system and storage facilities <br /> <br />have been excluded from this schedule, as they were in Construction Alternate <br /> <br />One Modified. Using the same criteria as we have used in the other three <br /> <br />amortization schedules (that is, borrowing 50 percent of the required funds <br /> <br />from private financing over a tW~nty year period at 7~ percent interest <br /> <br />and borrowing the remaining 50 p~rcent from the Colorado Water Conservation <br /> <br />Board over a thirty year period qt 3 percent interest), the annual repayment <br /> <br />for private financing would be $14,322, The annual repayment to the Colorado <br /> <br />Water Conservation Board would b~ $7,449. The total of these repayments <br /> <br />would be $21,771. <br /> <br />. <br /> <br />. <br /> <br />- 74 - <br />