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'loudle Fa;s & Co. Mr. James rorne~l City of New Brighton August 16, 1982 1- 3 -. Most of the return of owners investment occurs through tax loss credits from accelerated depreciation. . A modest return on investment can be achieved by charging projected market rates for revenue elements. Critical Decision Point The City and the project's private backers are currently faced with the decision to either proceed with further planning or to conclude the project until such time that greater benefit can be derived from a waste-to-energy facility in the Old Highway 8/ 694 com~ercial and industrial corridor. Future Planning A decision to proceed with further planning would result in the fOllowing activities: I - · Efforts to evaluate and minimize project risks, including: Public meetings to lessen risk of public disapproval Meetings with public agencies such as the Ppllution Control Agency, the Environmental Protection Agency, the Environmental Quality Board, the County Highway Department and others Negotiations with potential steam consumers and solid waste suppliers such as transfer stations and garbage haulers · Identify potential equity owners and financiers and their requirements for committing capital. · Revise financial projections to incorporate the results of the above activities. · Make go/no go decision to proceed with final design and feasibility. Should the above activities indicate that the project is viable and the decision of the principal parties is to solicit the final phase of the linancin....g and construct the project, roject would entail: · Finalize the legal structure of the entity