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1984-05-22
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1984-05-22
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8/15/2005 5:08:31 AM
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8/11/2005 12:47:21 PM
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<br />I <br /> <br />I <br /> <br />, <br /> <br />EXHIBIT II <br /> <br />SEWER SERVICE AREA NO.2 COSTS <br /> <br />1 . <br /> <br />Debt Service Total <br /> <br />$900,000 <br /> <br />A. <br />B. <br /> <br />Currently Used <br />Unused Capacity = <br /> <br />6,000 million gallons <br />18,000 million gallons <br /> <br />24,000 million gallons <br /> <br />2. Amount of Debt Service Paid by Current User: <br /> <br />~,ooo <br />24,000 <br /> <br />~ 25% X $900,000 = <br /> <br />$225,000 <br /> <br />3. <br /> <br />Current Value Charge (Equity in Interceptors) <br /> <br />$125,000 <br /> <br />4. <br /> <br />Operating Costs of all interceptors in Service <br />Area #2 <br /> <br />$550,000 <br /> <br />5 . <br /> <br />Total Service Area #2 costs = <br /> <br />$900,000 <br /> <br />6. <br /> <br />New Brighton's share of $900,000 = New Brighton's <br />flow divided by total flow of 16 communities in <br />Service Area #2 = <br /> <br />870 <br />6,000 <br /> <br />14.5% X $900,000 <br /> <br />$130,000 <br /> <br />= <br />
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