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HomeMy WebLinkAboutDocumentation_Redevelopment Committee_Tab IV 3_07/15/1999 :; 0 X 0 ~' a a U 0 a w x n m n v 0 a m n 0 n 0 i 0 e a 'c ii I ~I n I WATER TANK ~ TO BE REMOVED --- zoo.w -- FIRIE ~ SCUE` ~ SERVICE ~`~/` 'd ~~ !'~r/ `f. ~ ~ O AUTHORIZE VEHICLES VEHICLES ~ ONLY ~.~' - _ I--~ ~ T v e I ~ I I I II ~ ~ ~ t' I I ~ ~ I I ~ I I ~ I~ RETENTIO,~! ~ - i I BASIN I I I~ Iz I I I I I I e I I .: I I ® I II 6 6 6 ~ I I ~ ® I I ® L _ J ® 2-STD ~ HALL ® ® ® I ® i ~„~ ® ® ~ I I I 11=~C~J ~ ~' T _ ® ® I -- ~ . .R ~ 150.0' .1 ~ ~~~ ~- _ 301.81' - C TlOUEBTA DR. _ - -~_ CONCEPTUAL SITE PLAN sLKE: 1' ~ 6q' SCHEME A RENOVATED NLLAGE HALL FOR POLICE DEPARTMENT ENLARGED ANNE% BUILDING FOR FIRE- RESCUE DEPARTMENT 3 APPARATUS BAYS (DOUBLE STACKED) WATER TANK REMOVED FOR-INCREASED RETENTION BASIN AREA PARKING 116 9'X18' SPACES 7 ACCESSIBLE SPACES 7+ POLICE VEHICLE SPACES LEGEND OUTLINE OF ExISTING BULDING ~. tr ~€o b ~~gsa~~~ Z [~ a ~a ac ~ ~ a ~~ ~~~ ~ GEE & JENSOI~ Engineers-Architeclr Planner. Inc. ,LOB No. 50-DDI.Di CAD FILE tegaR SHEET /~ NUMBER /-~ SHEET OF I t m Day 7i i ~ ~~.. 0 s~3 ::~ o~~ ~®e ~.~ 66s S:3 'Yaa ~g~ e <a ~ Oho g4 B ~$ P ~ ~ ~ ~ ~ a ~ . . ° n P G m 3 °& ~ O ~~ ii e ~s ~ ~ ~ ~~ ~~ :~ 6~ 6 ~ a ~ ~ s ~ ~, ~ ~ . 9 « D ~ ~ ~ * ~ n s~. `g ~~ ~ ~ . # ~~ ~ ^~ 3 m ~; a ~ ^: ~ ~ e" o n 6 ~, 3 ~~ ~ ~Sa ~ ~~ _ ~ , 3 S _ - _ - _ P ~i VILLAGE OF TEQUESTA 1999 POTENTIAL CAPITAL PROJECTS -- - iage a 00 per sq ft 8~ 14500 sq ft facility w/ no land purchase 2)Police Department Renovation w/Furniture, Equipment & Telephone System 3)Teques#a Plaza Land for Village Hall or Cultural Facility & New Road 4)Tequesta Plaza Demolition 5)Tequesta Plaza New Road 6)Bridge Road Improvements($475,OOOj* 7)Fire-Rescue Living Quarters 8)Fire-Rescue Sitework/Utilities/Landscaping 9)Fire-Rescue Living Quarters Furniture/Equipment/Telephone /Antenna/Emergency Generator 10)Demolition of Existing Fire-Rescue Garage 11) JMZ Buy Back Of VOT Parcel Sub-Total FEES 8 COSTS Architect & Engineering Fees @15%for applicable items Contingency cLD 10% for applicable items Issuance Costs~2% Sub-Total Gran ~ Estimated Annual Interest Only Payments CD_ 4.91 % APR Estimated Principal and Interest Payments 4.91% and 30Year Amortization FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments KEY: *Bridge Road Improvements to be paid for with assessments with no cost to Village A) In this scenario the VOT parcel ~ Tequesta Plaza is sold to JMZ per the Agreement for $477,000. B) In this scenario the VOT parcel ~ Tequesta Plaza is kept by the VOT TGB\Lotus123\Capital Projects VILLAGE OF TEQUESTA 1999 POTENTIAL CAPITAL PROJECTS PROJECTS ALL PROJECTS(A) 1)Village Hall ~ $100 per sq ft & 14500 sq ft facility w/ no land purchase $1,450,000 2)Police Department Renovation w/Furniture, Equipment & Telephone System $552,560 3)Tequesta Plaza Land for Village Hall or Cultural Facility & New Road $1,483,000 4)Tequesta Plaza Demolition $100,000 5)Tequesta Plaza New Road $100,000 6)Bridge Road Improvements($475,000) $0 7)Fire-Rescue Living Quarters $1,069,000 8)Fire-Rescue Sitework/Utilities/Landscaping $95,000 9)Fire-Rescue Living Quarters Furniture/Equipment/Telephone /Antenna/Emergency Generator $171,000 10)Demolition of Existing Fire-Rescue Garage $15,984 11) JMZ Buy Back Of VOT Parcel ($477,000) Sub-Total $4,559,544 ~~.« FEES 8 COSTS `"""' Architect ~ Engineering Fees t~15%for applicable items $515,634 Contingency @ 10% for applicable items- $355,354 Issuance Costs~2% $108,611 Sub-Total $979,599 Grand Total $5,539,143 Estimated Annual Interest Only Payments ~ 4.91% APR $271,972 ««*« Estimated Principal and interest Payments(dl 4.91 % and 30Year Amortization $356,641 FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments $287,856 FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments ($68,785) KEY: "Bridge Road Improvements to be paid for with assessments with no cost to Village A) In this scenario the VOT parcel ~ Tequesta Plaza is sold to JMZ per the Agreement for $477,000. B) In this scenario the VOT parcel @Tequesta Plaza is kept by the VOT TGB\Lotus123\Capital Projects Interest Vision Amortization Schedule Loan or Annuity Variables: Start Date: Start Payment: Start Interest: Payment Freq.: Compound Freq.: Days in Mo./Yr.: Payment Mode: Jul 14, 1999 Jul 14, 1999 Jul 14, 1999 Annual Annually Actual No. In Arrears End Date: No. of Payments: Interest Rate: Initial Principal: Payment Amount: Balloon: Amortization Method: Jul 14, 2029 30 4.9100 $5539143.00 $356640.95 $0.00 Simple Int. Payment Interest Interest. No. Date Amount Amount Rate/Yr. Principal Balance Jul 14, 1999 0.00 0.00 0.000 0.00 5539143.00 1 Jul 14, 2000 356640.95 271971.92 4.910 84669.03 5454473.97 2 Jul 14, 2001 356640.95 267814.67 4.910 88826.28 5365647.68 3 Jul 14, 2002 356640 .95 263453.30 4.910 93187.65 5272460.03 4 Jul 14, 2003 _ 356640.95 258877.79 4.910 97763.17 5174696.86 5 Jul 14, 2004 356640.95 254077.62 4.910 102563.34 5072133.52 6 Jul 14, 2005 356640.95 249041.76 4.910 107599.20 4964534.32 7 Jul 14, 2006 356640.95 243758.64 4.910 112882.32 4851652.00 8 Jul 14, 2007 356640.95 238216.11 4.910 118424.84 4733227.16 9 Jul 14, 2008 356640.95 232401.45 4.910 124239.50 4608987.66 10 Jul 14, 2009 356640.95 226301.29 4.910 130339.66 _4478648.00 11 Jul 14, 2010 356640.95 219901.62 4.910 136739.34 4341908.66 12 Jul 14, 2011 356640.95 213187.72 4.910 143453.24 4198455.42 13 Jul 14, 2012 356640.95 206144.16 4.910 150496.79 4047958.63 14 Jul 14, 2013 356640.95 198754.77 4.910 157886.19 3890072.44 15 Jul 14, 2014 356640.95 191002.56 4.910 165638.40 3724434.04 16 Jul 14, 2015 356640.95 182869.71 4.910 173771.24 3550662.80 17 Jul 14, 2016 356640.95 174337.54 4.910 182303,41 3368359,39 18 Jul 14, 2017 356640.95 165386.45 4.910 191254.51 3177104.88 19 Jul 14, 2018 356640.95 155995.85 4.910 200645,11 2976459.78 20 Jul 14, 2019 356640.95 146144.17 4.910 210496.78 2765963.00 21 Jul 14, 2020 356640.95 135808.78 4.910 220832.17 2545130.82 22 Jul 14, 2021 356640.95 124965.92 4.910 231675.03 2313455.79 23 Jul 14, 2022 356640.95 113590.68 4.910 243050,28 2070405.52 24 Jul 14, 2023 356640.95 101656.91 4.910 254984.04 1815421.47 25 Jul 14, 2024 356640.95 89137.19 4.910 267503.76 1547917.71 26 Jul 14, 2025 356640.95 76002.76 4.910 280638.20 1267279.52 27 Jul 14, 2026 356640.95 62223.42 4.910 294417.53 972861.99 28 Jul 14, 2027 356640.95 47767.52 4.910 308873.43 663988.55 29 Jul 14, 2028 356640.95 32601.84 4.910 324039.12 339949.44 30 Jul 14, 2029 356640.95 16691.52 4.910 339949.44 0.00 VILLAGE OF TEQUESTA 1999 POTENTIAL CAPITAL PROJECTS PROJECTS ALL PROJECTS(B) 1)Village Hall ~ $100 per sq ft & 14500 sq ft facility w/ no land purchase $1,450,000 2)Police Department Renovation w/Furniture, Equipment & Telephone System $552,560 3)Tequesta Plaza Land for Village Hall or Cultural Facility & New Road $1,483,000 4)Tequesta Plaza Demolition $100,000 5)Tequesta Plaza New Road $100,000 6 Bridge Road Improvements($475,000) $0 7)Fire-Rescue Living Quarters $1,069,000 8)Fire-Rescue Sitework/Utilities/Landscaping $95,000 9)Fire-Rescue Living Quarters Furniture/Equi ment/Telephone /Antenna/Emer ency Generator $171,000 10)Demolition of Existing Fire-Rescue Garage $15,984 11) JMZ Buy Back Of VOT Parcel $0 Sub-Total $5, 036, 544 ,,,,*., FEES & COSTS *~** Architect & Engineering Fees X15%for applicable items $515,634 Contingency @ 10%for applicable items $355,354 Issuance Costs~2% $108,611 Sub-Total $g7g, 5gg Grand Total $6,016,143 Estimated Annual Interest Only Payments @ 4.91% APR $295,393 ~,*,~* Estimated Principal and Interest Payments@ 4.91% and 30YearAmortization $387,353 FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments $287,856 FY 2000 General Fund Funds Available for Debt Service or Interest Onlv Payments I ($99.4971 KEY: *Bridge Road Improvements to be paid for with assessments with no cost to Village A) In this scenario the VOT parcel ~ Tequesta Plaza is sold to JMZ per the Agreement for $477,000. B) In this scenario the VOT parcel ~ Tequesta Plaza is kept by the VOT TGB\Lotus123\Capital Projects Interest Vision Amortization Schedule Loan or Annuity Variables: Start Date: Start Payment: Start Interest: Payment Freq.: Compound Freq.: Days in Mo./Yr.: Payment Mode: Jul 14, 1999 Jul 14, 1999 Jul 14, 1999 Annual Annually Actual No. In Arrears End Date: No. of Payments: Interest Rate: Initial Principal: Payment Amount: Balloon: Amortization Method: Jul 14, 2029 30 4.9100 $6016143.00 $387352.88 $0.00 Simple Int. Payment Interest Interest No. Date Amount Amount Rate/Yr. Principal Balance Jul 14, 1999 0.00 0.00 0.000 0.00 6016143.00 1 Jul 14, 2000 387352.88 295392.62 4.910 91960.26 5924182.74 2 Jul 14, 2001 387352.88 290877.37 4.910 96475.51 5827707.24 3 Jul 14, 2002 387352.88 286140.43 4.910 101212.45 5726494.78 4 Jul 14, 2003 387352.88 281170.89 4.910 106181.98 5620312.80 5 Jul 14, 2004 387352.88 275957.36 4.910 111395.52 5508917.28 6 Jul 14, 2005 387352.88 270487.84 4.910 116865.04 5392052.24 7 Jul 14, 2006 387352.88 264749.76 4.-910 122603.11 5269449.13 8 Jul 14, 2007 387352.88 258729.95 4.910 128622.93 5140826.20 9 Jul 14, 2008 387352.88 252414.57 4.910 134938.31 5005887.89 10 Jul 14, 2009 387352.88 245789.10 4.910 141563.78 4864324.11 11 Jul 14, 2010 387352.88 238838.31 4.910 148514.56 4715809.5.4 12 Jul 14, 2011 387352.88 231546.25 4.910 155806.63 4560002.91 13 Jul 14, 2012 387352.88 223896.14 4.910 163456.74 4396546.18 14 Jul 14, 2013 387352.88 215870.42 4.910 171482.46 4225063.71 15 Jul 14, 2014 387352.88 207450.63 4.910 179902.25 4045161.46 16 Jul 14, 2015 387352.88 198617.43 4.910 188735.45 3856426.01 17 Jul 14, 2016 387352.88 189350.52 4.910 198002.36 3658423.65 18 Jul 14, 2017 387352.88 179628.60 4.910 207724.28 3450699.38 19 Jul 14, 2018 387352.88 169429.34 4.910 217923.54 3232775.84 20 Jul 14, 2019 387352.88 158729.29 4.910 228623.58 3004152.25 21 Jul 14, 2020 387352.88 147503.88 4.910 239849.00 2764303.25 22 Jul 14, 2021 387352.88 135727.29 4.910 251625.59 2512677.66 23 Jul 14, 2022 387352.88 123372.47 4.910 263980.41 2248697.25 24 Jul 14,- 2023 387352.88 110411.04 4.910 276941.84 1971755.41 25 Jul 14, 2024 387352.88 96813.19 4.910 290539.69 1681215.72 26 Jul 14, 2025 387352.88 82547.69 4.910 304805.19 1376410.54 27 Jul 14, 2026 387352.88 67581.76 4.910 319771.12 1056639.42 28 Jul 14, 2027 387352.88 51881.00 4.910 335471.88 721167.53 29 Jul 14, 2028 387352.88 35409.33 4.910 351943.55 369223.98 30 Jul 14, 2029 387352.88 18128.90 4.910 369223.98 0.00 VILLAGE OF TEQUESTA 1999 POTENTIAL CAPITAL PROJECTS PROJECT SCENARIOS PROJECTS POLICE &FIRE-RESCUE ONLY 1)Village Hall ~ $100 per sq ft & 14500 sq ft facility w/ no land purchase NA 2)Police De artment Renovation w/Furniture, Equipment & Telephone System $552,560 3)Tequesta Plaza Land for Village Hall or Cultural Facility & New Road NA 4)Tequesta Plaza Demolition NA 5)Tequesta Plaza New Road NA 6)Bridge Road Improvements($475,000) NA 7)Fire-Rescue Living Quarters $1,069,000 8)Fire-Rescue Sltework/Utillties/Landscaping $95,000 9)Fire-Rescue Living Quarters Furniture/Equipment/Telephone /Antenna/Emergency Generator $171,000 10)Demolltion of Existing Fire-Rescue Garage $15,984 11) JMZ Buy Back Of VOT Parcel NA Sub-Total $1,903,544 FEES >4 COSTS """ Architect & Engineering Fees 15%for applicable hems $285,531 Contingency 10°~ for applicable items $190,354 Issuance Costs % $47,589 Sub-Total $523,474 Grand Total $2,427,018 Estimated Annual Interest Only Payments 4.91°~ APR $119,167 Estimated Principal and Interest Payments 4.91 °.b and 30Year Amortization $156,265 FY 2000 General Fund Funds Available for Debt Service or Interest Onl Payments $262,856 FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments $106,591 KEY: 'Bridge Road Improvements to be paid for wlth assessments with no cost to Village A) In this scenario the VOT parcel ~ Tequesta Plaza is sold to JMZ per the Agreement for $477,000. B) In this scenario the VOT parcel ~ Tequesta Plaza is kept by the VOT TGB\Lotus123\Capltal Projects Interest Vision Amortization Schedule Loan or Annuity Variables: Start Date: Start Payment: Start Interest: Payment Freq.: Compound Freq.: Days in Mo./Yr.: Payment Mode: Jul 14, 1999 Jul 14, 1999 Jul 14, 1999 Annual Annually Actual No. In Arrears End Date: No. of Payments: Interest Rate: Initial Principal: Payment Amount:. Balloon• Amortization Method: Jul 14, 2029 30 4.9100 $2427018.00 $156264.97 $0.40 Simple Int. Payment Interest Interest No. Date Amount Amount Rate/Yr. Principal Balance Jul 14, 1999 0.00 0.00 0.000 0.00 2427018.00 1 Jul 14, 2000 156264.97 119166.58 4.910 37098.39 2389919.61 2 Jul 14, 2001 156264.97 117345.05 4.910 38919.92 2350999.70 3 Jul 14, 2002 156264.97 115434.09 4.910 40830.89 2310168.81 4 Jul 14, 2003 156264.97 113429.29 4.910 4283.5.68 2267333.13 5 Jul 14, 2004 156264.97 111326.06 4.910 44938.91 2222394.21 6 Jul 14, 2005 156264.97 109119.56 4.910 47145.41 2175248.80 7 Jul 14, 2006 156264.97 106804.72 4.910 49460.25 2125'788.55 8 Jul 14, 2007 156264.97 104376.22 4.910 51888.75 2073899.79 9 Jul 14, 2008 156264.97 101828.48 4.910 54436.49 2019463.30 10 Jul 14, 2009 156264.97 99155.65 4.910 57109.32 1962353.98 11 -Jul 14, 2010 156264.97 96351..:58 4.910 59913.39 1902440,,59 12 Jul 14,, 2011 156264.97 93409.83 4.910 62855.14 1839585.45 13 Jul 14, 2012 156264.97 90323.65 4.910 65941.32 1773644.13 14 Jul 14, 2013 156264.97 87085.93 4.910 69179.04 1704465.08 15 Jul 14, 2014 156264.97 83689.24 4.910 72575.73 1631889.35 16 Jul 14, 2015 156264.97 80125..77 4.910 76139.20 1555750.15 17 Jul 14, 2016 156264.97 76387.33 4.910 79877.64 1475872.51 18 Jul 14, 2017 156264.97 72465.34 4.910 83799.63 1392072.88 19 Jul 14, 2018 156264.97 68350.78 4.910 87914.19 1304158.69 20 Jul 14, 2019 156264.97 64034.19 4.910 92230.78 1211927.91 21 Jul 14, 2020 156264.97 59505.66 4.910 96759.31 1115168.60 22 Jul 14, 2021 156264.97 54754.78 4.910 101510.19 1013658.40 23 Jul 14, 2022 156264.97 49770.63 4.910 106494.34 907164.06 24 Jul 14, 2023 156264.97 44541.76 4.910 111723.22 795440.85 25 Jul 14, 2024 156264.97 39056.15 4.910 117208.82 678232.02 26 Jul 14, 2025 156264.97 33301.19 4.910 122963.78 555268.24 27 Jul 14, 2026 156264.97 27263.67 4.910 129001.30 426266.94 28 Jul 14, 2027 156264.97 20929.71 4.910 135335.26 290931.68 29 Jul 14, 2028 156264.97 14284..75 4.910 14198.0.23 148951.45 30 Jul 14, 2029 156264.97 7313.52 4.910 148951.45 0.00 VILLAGE OF TEQUESTA 1999 POTENTIAL CAPITAL PROJECTS PROJECTS POLICE,FIRE-RESCUE& TEQ PLAZA(A 1)Villa a Hatl $100 er sq R & 14500 sq R facilky w/ no land purchase NA 2)Police De artment Renovation w/Furniture, E ui ment & Tele hone S stem $552,560 3 Te uesta Plaza Land for Villa a Hall or CuRural Facility ~ New Road $1,483,000 4 Te uesta Plaza Demolition $100,000 5)Tequesta Plaza New Road $100,000 6)Bridge Road Im rovemeMs $475,000 NA 7 Fire-Rescuetivin Quarters $1,069,000 8 Fire-Rescue Sitework/Utllities/Landsca in $95,000 9)Fire-Rescue living Quarters FurnRurelEquipment/Telephone /AMennafEmergency Generator $171,000 10 Demolition of Existin Fire-Rescue Gara a $15,984 11 JMZ Bu Back Of VOT Parcel $477,000 Sub-Total $3,109,544 FEES 8 COSTS "" Architect & Engineering Fees 15°~for applicable items $298,134 Contin en 10% for a livable items $210,354 Issuance Costs °r6 $81,901 Sub-Total $590,389 t3rand Total $3,699,933 Estimated Annual Interest Only Payments 4.91°~ APR $181,667 Estimated Princi al and Interest Pa menu 4.91 °,6 and 30Year Amortization $238,222 FY 2000 General Fund Funds Available for Debt Service or Interest Onl Pa ments $262,856 FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments $24,634 KEY: 'Bridge Road Improvements to be paid for with assessments with no cost to Village A) In this scenario the VOT parcel ~ Tequesta Plaza is sold to JMZ per the Agreement for $477,000. B) In this scenario the VOT parcel ~ Tequesta Plaza is kept by the VOT TGB1Lotus123\Capital Projects Interest Vision Amortization Schedule Loan or Annuity Variables: Start Date: Start Payment: Start Interest: Payment Freq.: Compound Freq.: Days in Mo./Yr.: Payment Mode: Jul 14, 1999 Jul 14, 1999 Jul 14, 1999 Annual Annually Actual No. In Arrears End Date: No. of Payments: Interest Rate: Initial Principal: Payment Amount: Balloon: Amortization Method: Jul 14, 2029 30 4.9100 $3699933.00 $238222.35 $0.00 Simple Int. Payment Interest Interest No. Date Amount Amount Rate/Yr. Principal Balance Jul 14, 1999 0.00 0.00 0.000 0.00 3699933.00 1 Jul 14, 2000 238222.35 181666.71 4.910 56555.64 3643377.36 2 Jul 14, 2001 238222.35 178889.83 4.910 59332.52 3584044.85 3 Jul 14, 2002 238222.35 175976.60 4.910 62245.74 3521799.10 4 Jul 14, 2003 238222.35 172920.34 4.910 65302.01 3456497.09 5 Jul 14, 2004 238222.35 169714.01 4.910- 68508.34 3387988.76 6 Jul 14, 2005 238222.35 166350.25 4.910 71872.10 3316116.66 7 Jul 14, 2006 238222.35 162821.33 4.910 75401.02 3240715.64 8 Jul 14, 2007 238222.35 159119.14 4.910 79103.21 3161612,43 9 Jul 14, 2008 238222.35 155235.17 4.910 82987.18 3078625.26 10 Jul 14, 2009 238222.35 151160.50 4.910 87061.85 2991563.`4"1 11 Jul 14, 2010 238222.35 14688_.5.76 4.910 91336.58 290022:.6.83 12 Jul 14, 2011 238222.35 142401.14 4.910 95821.21 280.4405.62 13 Jul 14, 2012 238222.35 137696.32 4.910 100526.03 2703879.59 14 Jul 14, 2013 238222.35 1327.60.49 4.910 105461.86 2598417.73 15 Jul 14, 2014 238222.35 127582.31 4.910 110640.03 2487777.70 16 Jul 14, 2015 238222.35 122149.89 4.910 116072.46 2371705.24 17 -Jul 14, 2016 238222.35 116450.73 4.910 121771.62 2249933.62 18 Jul 14, 2017 238222.35 110471.74 4.910 127750.60 2122183.02 19 Jul 14, 2018 238222.35 104199.19 4.910 134023.16 1988159.86 20 Jul 14, 2019 238222.35 97618.65 4.910 140603.70 1847556.16 21 Jul 14, 2020 238222.35 90715.01 4.910 147507.34 1700048.82 22 Jul 14, 2021. 238222.35 83472.40 4.910 154749.95 1545298.87 23 Jul 14, 2022 238222.35 75874.17 4.910 162348.17 1382950.70 24 Jul 14, 2023 238222.35 67902.88 4.910 170319.47 1212631.23 25 Jul 14, 2024 238222.35 59540.19 4.910 178682.15 1033949.08 26 Jul 14, 2025 238222.35 50766.90 4.910 187455.45 846493.64 27 Jul 14, 2026 238222.35 41562.84 4.910 196659.51 649834.13 28 Jul 14, 2027 238222.35 31906.86 4.910 206315.49 443518.64 29 Jul 14, 2028 .238222.35 21776.77 4.910 216445.58 227073.06 30 Jul 14, 2029 238222.35 11149.29 4.910 227073.06 0.00 VILLAdE OF TEOl1EST4 7999 POTENTIOL COPITAL PROJECTS PROJECTS POLICE,FIRE-RESCUER TEQ PLAZA B 1)Village Hall $100 per sq ft & 14500 sq ft facilky w/ no land purchase NA 2 Police De artmeM Renovation w/Furnkure, E ui ment & Tele hone S stem $552,560 3 Te uesta Plaza Land for Village Hall or Cukural Facilk 8 New Road $1,483,000 4 Te uesta Plaza Demolkion $100,000 5)Tequesta Plaza New Road $100,000 6 Brid a Road Im rovemeMs $475,000) NA 7)Fire-Rescue Livin Quarters $1,069,000 8 Fire-Rescue Skework/Utilkies/Landscapin $95,000 9)Fire-Rescue Living Quarters Furnkure/Equipment/Telephone /Antenna/Emergency Generator $171,000 10 Demolkion of Existin Fire-Rescue Gara a $15,984 11 JMZ Bu Back Of VOT Parcel $0 Sub-Total $3,586,544 FEES 8 COSTS "" Archked $ Engineering Fees 15%for applicable kems $298,134 Contin ency 10°~ fora licable kems $210,354 Issuance Costs °~ $81,901 Sub-Total $590,389 Grand Total $4,176,933 Estimated Annual Interest Only Payments 4.91 % APR $205,087 Estimated Princi al and Interest Pa ments 4.91 °,6 and 30Year Amortization $268,934 FY 2000 General Fund Funds Available for Debt Service or Interest On Pa ments $262,856 FY 2000 General Fund Funds Available for Debt Service or Interest Only Payments ($6,078) KEY: 'Bridge Road Improvements to ba paid for wkh assessments wkh no cost to Village A) in this scenario the VOT parcel ~ Tequesta Plaza is sold to JMZ per the Agreement for $477,000. B) In this scenario the VOT parcel ~ Tequesta Plaza is kept by the VOT TGB\Lotus1231Capkal Projects Interest Vision Amortization Schedule Loan or Annuity Variables: Start Date: Start Payment: Start Interest: Payment Freq.: Compound Freq.: Days in Mo./Yr.: Payment Mode: Jul 14, 1999 Jul 14, 1999 Jul 14, 1999 Annual Annually Actual No. In Arrears End Date: No. of Payments: Interest Rate: Initial Principal: Payment Amount: Balloon: Amortization Method: Jul 14, 2029 30 4.910a $4176933.00 $268934.27 $0.00 Simple Int. Payment Interest Interest No. Date Amount Amount Rate/Yr. Principal Balance Jul 14, 1999 0.00 0.00 0.000 0.00 4176933.00 1 Jul 14, 2000 268934.27 205087.41 4.910 63846.86 4113086.14 2 Jul 14, 2001 268934.27 201952.53 4.910 66981.74 4046104.40 3 Jul 14, 2002 268934.27 198663.73 4.910 70270.54 3975833.86 4 Jul 14, 2003 268934.27 195213.44 4.910 73720.83 3902113.03 5 Jul 14, 2004 268934.27 191593._75 4.910 77340.52 3824772.51 6 Jul 14, 2005 268934.27 187796.33 4.910 81137.94 3743634.57 7 Jul 14, 2006 268934.27 183812.46 4.910 85121.81 3658512.76 8 Jul 14, 2007 268934.27 179632.98 4.910 89301.29 3569211.47 9 Jul 14, 2008 268934.27 175248.28 4.910 93685.99 3475525.48 10 Jul 14, 2009 268934.27 170648.30 4.910 98285.97 3377239.52 11 Jul 14, 2010 268934.27 1658.22.46 4.910 103111.81 3274:127.71 12 Jul 14, 2011 268934.27 160759.67 4.910 108174.60 3165953.11 13 Jul 14, 2012 268934.27 155448.30 4.910 113485.97 3052467.14 14 Jul 14, 2013 268934.27 149876.14 4.910 119058.13 2933409.01 15 Jul 14, 2014 268934.27 144030.38 4.910 124903.89 2808505.12 16 Jul 14, 2015 268934.27 137897.60 4.910 131036.67 2677468.45 17 Jul 14, 2016 268934.27 131463.70 4.910 137470.57 2539997.88 18 Jul 14, 2017 268934.27 124713.90 4.910 144220.37 2395777.51 19 Jul 14, 2018 268934.27 117632.68 4.910 151301.59 2244475.92 20 Jul 14, 2019 268934.27 110203.77 4.910 158730.50 2085745.41 21 Jul 14, 2020 268934.27 102410.10 4.910 166524.17 1919221.25 22 Jul 14, 2021 268934.27 94233.76 4.910 174700.51 1744520.74 23 Jul 14, 2022 268934.27 85655.97 4.910 183278.30 1561242.44 24 Jul 14, 2023 268934.27 76657.00 4.910 192277.27 1368965.17 25 Jul 14, 2024 268934.27 67216.19 4.910 201718.08 1167247.09 26 Jul 14, 2025 268934.27 57311.83 4.910 211622.44 955624.66 27 Jul 14, 2026 268934.27 46921.17 4.910 222013.10 733611.56 28 Jul 14, 2027 268934.27 36020.33 4.910 232913.94 500697.62 29 Jul 14, 2028 268934.27 24584.25 4.910 244350.02 256347.60 30 Jul 14, 2029 268934.27 12586.67 4.910 256347.60 0.00 Village of Tequesta -Projected Operations of General Fund 9,000,000 Village of Tequesta Projected Operations -General Fund 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 0 eratin Revenue 4,404,468 4,705,127 4,928,033 5,228,272 5,414,418 5,608,692 5,612,574 6,024,510 6,246,558 6,478,749 6,721,380 6,975,640 7,241,766 Transfers-in 434,617 425,890 438,667 451,827 465,382 479,343 493,723 508,535 523,791 539,505 555,690 572,361 589,531 Totallncome 4,639,085 5,131,017 5,366,700 5,680,098 5,879,799 6,088,035 6,306,298 6,533,045 6,770,349 7,018,253 7,277,070 7,548,001 7,831,297 O eratin Ex enditures 4,522,546 4,721,538 4,929,286 5,146,174 5,372,606 5,609,001 5,855,797 6,113,452 6,382,444 6,663,271 6,956,455 7,262,539 7,582,091 Debt Service Payment 322,000 322,000 322,000 322,000 322,000 322,000 322,000 322,000 322,000 322,000 Transfers-out 217,669 (152,000 156,560 161,257) 110,000 113,300 (116,699 120,199.97 (123,805.97) (127,520.15 131,345.75 135,286.13 139,344.71 Total use of Funds 4,740,215 4,873,538 5,085,846 5,629,431 5,804,606 6,044,301 6,294,496 6,555,652 6,828,250 7,112,791 7,409,801 7,719,825 6,043,435 Addititional re uired fund balance 1,799 35,122 48,033 50,141 59,451 66,961 74,470 81,980 69,489 96,999 Excess income (Use of Funds) 98,870 257,479 280,854 48,868 40,071 4,298 38,339) 82,057 124,861) (169,008 214,710 261,313 (309,137 Current fund balance 1,059,909 1,059,909 1,059,909 1,061,708 1,096,830 1,144,863 1,195,004 1,243,740 1,292,827 1,341,914 1,391,001 1,440,088 1,489,175 Re uired fund balance 20%of total uses 948,043 974,708 1,017,169 1,125,686 1,160,921 1,208,860 1,258,899 1,311,130 1,365,650 1,422,558 1,481,960 1,543,965 1,608,687 Note: Transfers in are $285,890 from IBR and $140,000 from water/sewer increased by 3 % per year Transfers out are $100,000 for CIF, $24,500 for Stomrvvater and $27,500 for Impact fees. The CIF transfer has been increased by 3 % per year. The stormwater oblication stops in 2003 and the Impact fees stop in 2003 based on construction projections. Village of Teduesta Pro'ected Operations -General Fund Description FY 1998 FY 1999 FY 2000 FY 2001 FY 2002 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 Inflation Ad Valorem Revenue actual 2,550,864 2,749,715 2,851,064 3,052,809 3,134,905 3,219,209 3,306,810 3,395,737 3,487,599 3,581,945 3,678,558 3,778,070 3,880,124 Electric Utili Tax actual 365,536 384,880 414,986 430,340 446,263 462,775 479,897 497,654 516,067 535,161 554,962 575,496 596,789 Tele hone Utilli Tax actual 89,591 93,673 100,454 .104,171 108,025 112,022 116,167 120,465 124,922 129,544 134,337 139,308 144,462 Gas Utili Tax actual 96,916 100,502 104,220 108,077 112,075 116,222 120,522 124,982 129,606 134,402 139,374 144,531 149,879 Water Utili Tax actual 17,366 19,772 30,649.09 31,783 32,959 34,179 35,443 36,755 38,114 39,525 40,987 42,504 44,076 Local o tion as tax actual 154,170. 166,501 172,662 179,050 185,675 192,545 199,669 207,057 214,718 222,663 230,901 239,445 248,304 Licenses & ermits 8% 14,455 15,611 16,860 18,209 19,666 21,239 22,938 24,773 26,755 28,896 31,207 33,704 36,400 Inter overnmental 6% 485,648 524,500 566,460 611,777 660,719 713,576 770,662 832,315 898,901 970,813 1,048,478 1,132,356 1,222,944 Char a for services 3% 273,779 281,992 290,452 299,166 308,141 317,385 326,906 336,714 346,815 357,219 367,936 378,974 390,343 Fines and forteits 3% 72,971 75,160 77,475 79,737 82,130 84,593 87,131 89,745 92,437 95,211 98,067 101,009 104,039 Interest 4.40% 82,431 86,058 89,845 93,798 97,925 102,233 106,732 111,428 116,331 121,449 126,793 132,372 138,196 Miscellaneous 3% 8,566 8,823 9,088 9,360 9,641 9,930 10,228 10,535 10,851 11,177 11,512 11,857 12,213 Im act fees 3% 1,525 1,571 1,618 1,666 1,716 1,768 1,821 1,876 1,932 1,990 2,049 2,111 2,174 Intra overnmental 3% 190,650 196,370 202,261 208,328 214,578 221,016 227,646 234 475 241,510 248,755 256,218 263,9D4 271,821 Total Revenue 4,404,468 4,705,127 4,928,033 5,228,272 5,414,418 5,608,692 5,812,574 6,024,510 6,246,558 6,478,749 6,721,380 6,975,640 7,241,766 Village of Tequesta Projected Operations -General Fund Description FY 1998 FY 1999 FY 2000 FY 2001 FY 2002 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 Prior Taxable Value 362,944,338 384,687,688 408,545,A11 423,603,629 453,578,341 465,775,964 478,301,606 491,317,198 504,529,695 518,178,255 532,196,037 546,550,437 561,335,744 Annual A predation Rate 0.023691 0.028813 0.026252 0.027532 0.026892 0.026892 0.027212 0.026892 0.027052 0.027052 0.026972 0.027052 0.027012 Adjusted Value 371,542,604 395,771,564 419,270,449 435,266,375 465,775,964 478,301,606 491,317,198 504,529,695 518,178,255 532,196,037 546,550,437 561,335,744 576,498,563 New Construction Projects: Clare Bride 1,040,000 Crossin s 4,620,000 Li hthouse Cove 10,584,000 Te uesta Plaza New Construction,Additions,etc 13,144,684 12,773,847 4,333,180 2,267,966 Less Homestead 200,000) Current Taxable Value 384,687,688 408,545,411 423,603,629 453,578,341 465,775,964 478,301,606 491,317,198 504,529,695 518,178,255 532,196,037 546,550,437 561,335,744 576,498,563 Milla a Rate 6.6310 6.7305 6.7305 6.7305 6.7305 - 6.7305 6.7305 6.7305 6.7305 6.7305 6.7305 6.7305 6.7305 Ad Valorem Revenue 2,550,864 2,749,715 2,851,064 3,052,809 3,134,905 3,219,209 3,306,810 3,395,737 3,467,599 3,581,945 3,678,558 3,778,070 3,880,124 New Residents 750 15.4 Stormwater Assessment Revenue would be re orted in Fund 4 4 Franchise Fees Revenue would be re orted in Fund 12 State Revenue Sharin VOT already receivin maximum for opulation Impact Fees Not considered o eratin revenue. Post Office non-ad valorem onl '7 new homes per yr-avg 150,000 = 1,050,000 71 vacant lots (12 unbuildable) C-2 District = 4 parcels M-U District = 5 parcels Per property appraiser office Rene 355-3831 Clare Bridge $20,000.0 per bed/52beds (Joanne Bumsed called-5/5/99) $1,040,000.00 taxable value $2,429,102.00 construction value Crossings $55,000.00 per uniU84 units $4,620,000.00 taxable value $8,068,600.00 construction value Lighthouse 42,000.00 per uniV252 units $10,584,000.00 taxable value $17,030,958.00 construction value Sterling House One and Two could become non-profit