Fruitville Road ($26M -
2016 Completion)
- Project Amount: $26
million
- Annual Consumer Price
Index escalator: 6.46%
- Cost of project in 2016
(8 years): $42.9 million
- Present Value of 2016
cost: $30.4 million
- Advantage to borrowing
today: $ 4.4 million
- Annual Consumer Price
Index escalator from Bureau of Labor Statistics for
respective industry, avg. of last 9 years 1998 through 2007
- Assumed borrowing rate of 4.4% (all-in bank loan cost)
Central Wastewater
Construction ($40M - 2013 Completion)
- Project Amount: $40
million
- Annual Consumer Price
Index escalator: 4.83%
- Cost of project in 2013
(5 years): $50.6 million
- Present Value of 2013
cost: $40.8 million
- Advantage to borrowing
today: $ .8 million
- Annual Consumer Price
Index escalator from Bureau of Labor Statistics for
respective industry, avg. of last 9 years 1998 through 2007
- Assumed borrowing rate of 4.4% (all-in bank loan cost)
Siesta Key Beach
Enhancement ($10M - 2015 Completion)
- Project Amount: $10
million
- Annual Consumer Price
Index escalator: 4.49%
- Cost of project in 2015
(7 years): $13.9 million
- Present Value of 2015
cost: $10.3 million
- Advantage to borrowing
today: $ .3 million
- Annual Consumer Price
Index escalator from Bureau of Labor Statistics for
respective industry, avg. of last 9 years 1998 through 2007
- Assumed borrowing rate of 4.4% (all-in bank loan cost)
