HomeMy WebLinkAbout1987-03-10 Info PacketF
City of Iowa City
MEMORANDUM
Date: March 5, 1987
To: City Council
From: City Manager
Re: Charge to the Citizens' Committee on City Revenues
The following is a draft charge to the Citizens' Committee on City
Revenues:
Review the City's current revenue program, its history and future trends,
Options (sales tax and/or vehicle tax), as well
and determine the desirability of pursuing State permitted local tax
that can provide for the long-term financial suppas other fees and charges
oth
of municipal service, ort of the City's program
It is the desire of the City Council to have the Committee recommend, as
soon as practical, on issues associated with local tax options. The
Committee will then be asked to review new fees and charges that were
Proposed in the FY88 budget as well as any other suggested changes in fees
and charges that the Committee feels appropriate.
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City of Iowa City
MEMORANDUM
Date: February 23, 1987
To111nn1��,,C1ty Council and City Manager
From: John Lundell, Transit Manager
Jeff Davidson, JCCOG Transportation Planner
Re: Contract Between Iowa City and Johnson County SEATS for the Provision
of Elderly and Handicapped Transit Service
For the past nine years Iowa City has contracted with Johnson County SEATS
for the provision of transit service for elderly and handicapped persons. The
contract is written so that SEATS is required to provide a specific amount of
service; presently 7:00 a.m.-6:00 Monday -Friday, and 8:00 a.m.-2:00
Saturday and Sunday. Iowa City is billed by SEATS based on the number of
passengers carried. p'm'
The amount budgeted by Iowa City for this service in FY87 is $82,000. Rider-
ship is up 18% over the first half of FY87, and the SEATS manager has in-
formed us that he estimates the $82,000 will be totally expended by May 1.
Approximately $13,000 in additional funds will be necessary to assure the
provision of service through the end of the fiscal year.
In a related matter, this contract will be up for renewal at the end of the
fiscal year. The increase in funding budgeted by Iowa City for the FY88
Siven EATS contract (10%) will likely not cover the increased cost of this service
changes
tin theslevel of SEATS service providedtrend If Council
I wasires City residents, this
matter should be addressed prior to May 15, 1987.
cTublic he rationale behind SEATS service is that persons unable to use regular
omparable nspecializedsit e system of a availableal ofor ethic usComparable"means
impairmenth
having similar fares, hours of service, etc.
SEATS service is also provided on Sundays, unlikIt may be worth noting that
e regular Iowa City Transit
residents Approximately
at annapprox matewcostillbof p ovided to Iowa City
are church trips. Council may wish to consider this atter whensdiscussing
the additional funding needed to continue SEATS service.
Larry Olson, SEATS Manager, and we will be present at your March 9 informal
meeting to discuss this matter with you.
cc: Larry Olson, Johnson County SEATS
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City of Iowa City
MEMORANDUM
DATE: March 5, 1987
TO: City Manager and City Council
FROM: Frank Farmer, City Engineer
RE: Billings for Sidewalk Repair
The sidewalk at 322 E. Bloomington Street was marked for replacement
in May of 1986 and the property owner was thereafter notified. The
owner did not replace the sidewalk, and therefore, in October of
1986, a contractor was hired to replace the sidewalk. The sidewalk
replacement actually measured 23.3 feet but during processing of
the billings was inadvertently calculated at 25.3 feet in length.
The property owner claims, and has been billed for 20.3 feet. The
sidewalk was measured from joint to joint for replacement since
it is desirable to maintain 4 foot by 4 foot sidewalk squares, which
accounts for the discrepancy. See attached sketch.
The additional sidewalk billings were remeasured and recalculated
and found to be correct.
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City of Iowa City
MEMORANDUM
DATE: March 2, 1987
TO: Steve Atkins and the City Council
FROM: Chuck Schmadeke 4
RE: Snow and Ice Control - Cost Comparison
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The cost of snow and ice removal from City streets for FY85 (winter
of 1984-85) was $101,159.00 and for FY86 (winter of 1985-86) was
$97,834.00.
The cost of snow and ice removal for FY87 through February was $61,325.
This cost includes salt purchased for the entire fiscal year. It
appears that 800 tons of salt valued at $20,700.00 will be carried
over to FY88.
Therefore, the total cost for snow and ice control for FY87 will
be $61,325.00 - $20,700.00 + the cost of snow and ice removal from
March 1 until spring.
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IOWA STATE UNIVERSITY
of Science and Technology
AMES, IOWA 50011
Physical Plant
(515) 294-1474
Mr. Terry Reynolds
Equipment Superintendent
1200 S. Riverside Drive
Iowa City, IA 52240
Dear Mr. Reynolds:
February 18, 1987
I'm sorry 1 didn't write you sooner, but I've been pretty busy here at Iowa State University.
Earlier, I promised to inform you of our Quality Circle management presentation of "Leaf
Removal at 1SU", after receiving information on your own leaf program.
With careful planning and constructive ideas by our circle members, we brainstormed the
problem and created a fish bone chart to materialize and examine every possible aspect of our
leaf removal problem resulting from over 8,000 deciduous trees. By doing this, we realized
from the beginning that if we could reduce the leaf size, it would be a major advantage for us.
Once all the data was charted, it was up to the circle members to choose a category from the
fish bone for further researching and finally to give their reports on this topic.
Our circle, "Quality Unlimited", then made a management presentation to anyone who wished to
attend, on the following agenda:
"Raking: How and Why" The benefits of raking and results if you don't.
"Acres & Raking Solutions" How many acres we rake with solutions to help.
"Operations at Other Facilities" What works for everyone else and why.
"Equipment Alternatives" Various types of equipment that could work for us,
as well as those that wouldn't.
"Types of Collection" Collection by rakes, bags, blowers, carts, tarps and
sweepers were covered and explained in detail.
"Transporting and Solutions to Removal" The different methods of
transporting leaves with their cost estimates.
"Disposal Methods and Solutions" Various means of leaf disposal with cost
comparisions included. Composting or the recent completion of a fluidized
bed boiler which will burn anything flammable.
Our circle leader then gave his summary of our presentation, along with our recommendation
for the purchase of a new 30 horse power air cooled Giant Leaf Vacuum. This vacuum has a
leaf reduction ratio of 10 to I and is capable of putting 264 cubic yards of leaves into a 24
cubic yard truck in 25 to 35 minutes. So much for our leaf size reduction problem.
To say the least, our presentation was an immediate success. The paperwork had begun on the
purchase of the vacuum that same day.
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February 18, 1987
Page 2
We have recently used our new vacuum and are definitely impressed with its performance. We
can now pick up and carry 4 times the leaves in our homemade truck box. This saves us time,
labor, money, requires less personnel and best of all, allows the now un -needed personnel to
work on other jobs needing to be done.
So from all of us here at the Iowa State University Physical Plant, we thank you for taking your
time to let us know more about your leaf removal program, so that we could use it to better our
own. It certainly helped and your involvement is appreciated.
Sincerely,
Vir'gi"1/�Jr.
Arborist
VE001/sm
P.S. Our circle was selected to make the same presentation at a state Quality Circle meet
and had the same success. It is now being evaluated on a national Quality Circle level.
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City of Iowa City
MEMORANDUM
DATE: March 6, 1987
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TO: Steve Atkins, City Manager
FROM: Terry Kimble, Sr. Accountant
RE: February Hours of Parking and Transit Ridership
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I� Attached are updates of the schedules showing hours of Parking and
Transit ridership. Preliminary February numbers have been added.
Additions and posting errors have been corrected on January figures.
For February 1987, Transit's ridership is 16% below February 1986.
i In past years, February has been the month with the highest ridership
in the Fiscal Year. That trend has just tumbled.
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Hours
in Fruary 1987
ar196.
Iwilloneedrto9see the per ormanceiinaMarchobeforemIFcanudetermine
if the seasonal parking trends are holding true for FY87.
CC: Rosemary Vitosh, Finance Director
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PARKING
REQ
HI5T 0 R Y
(Hourly Parking: Meters and Ramps)
TOTAL JULY AUGUST SEPTEMBER OCTOBE0. NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE
FYBO 3 414 404 S 35 138 S 30 893 S 30 350 f 37 203 S 32 315 $ 36.392 f 35 685 34,057 $ 34 351 j 37 505 3 32 OB5 38 430
1.732;670 -141,446 -118'.76x -12943 -r4 ',ars 141:1.663-3j`c�4 ' 131:688 -150;6
g3 1 37,505 S 32 085 1 38,430
FY81 S 564 897 f 40 100 f 35 241 S 46 359 f 47 739 40 289 S 62 288 S 41 708 43 055 51 856 S 54 346 46,779 55,137
2Tdd 999 TCT`9a3 -rc9 aa9 -332;732 �4;8aa '-r�:� 215,30 183:632 209:" a 2s7!13
-72 FY82 S 747 564 $ 55 162 $ 52 141 65 114 S 66 043 S 58 714 S 76 367 f 50 Oil y 58 999 j 69 105 f 72 669 j 53 866 f 6B 773
1-86 ,1436 �84'a�e �iF4374 8 .1 89;638 2€i �N6310:459X09 � X59 5i 36�3a3 �3d 2II -zu-,m
S(
FY83 ,864,439 66,407 S 62 925 f 72 626 S 81 014 65,491 81,817 74,493 59,3fi4 f 78 � SS 8 59,984 77 973
-236,48 X31,836 '340:374 5 9
FY84 f,987 312T 68,60 S ff b 325:532394 738 07,460 83,449 87,428 74,516 06,499 86,677 91,923 72,115 f 80.586
-
4 3
FY85• 3,275,OB4 ff 837E S 99,619 138,590 107 658 f 121 914 103.279 $ 97 365 $ 127 782 121,919 99,756 100,464
342:911.0 �Ij �,F79 �j26.7jd .32 -407;736 -56
FY861 1,463,655 106,054 f 41 SS 1316767,66 142,543 11159 ,011 131Tg ,502 104-yl,189 131,214 135,678 131,Ofi4 118,152 120'Ur,931
FY87 1,105,991 134,202 98,845 163,194 167,fi26122,505 170,044 126,733 122,842
• Rate increase 10/01/84. / Rate increase 02/01/86.
TRANSIT
REVENUE
DATA 9-1-7
H I S T O R Y
TOTAL JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE
251 5.4 1 5 1 $ ,6012j384 121:890 117 j 35.341 $ 41,222 187 134 S�38y8� 42.643 $�8� 045'284 5.260 40'627 $ 36.635
35tIT
1 .615, 666 $ 36.6.762 f, 1133 2!9558 54'485 -T6402'6665 $ 7 5622 .463 f�� i 167 90692 S 1958 3!696 f 5 88 41.496 i 38.198
FYB2 j,685�4303-0329�.J123U3 f 36 y 07 5 114 124i916If53.523 50,546 9D,544 Sj 8,976 31,621 77.270 S 72,746 S 46.386 11,91"5
OI/401 ,73-3d�dlb
-TWm -T 63,082 65,992 7m 230,2507 -18624,797427 73,945 f 87 169 } y960� 71.647 f 5 3 17 157556 .629
1704 ,787,315 44,010 49.727 Sf 1�f68'`43'7i 72,188 273'516�['S 275,251 f ee $ f 242:351 230:189 01.547 50348 ,525 f 13,602
FY85 .727,377 S 42,230 f430�1,9i,30 60,281 69,976 70723 .038 f 6Sy3322 �6�0 72,247 S� fiR.942 f 63 ,<935 50.218 �I7131801 ,3�7t1
125,949 47
FY86 -T
07/501 001,25
700 f 145,Lb
2`2 161,261 77.80
225 544 198329170,6508 03,811 f 06,240 164,105 69.471 51,135 16,027
FY07 1,5� 40,742 S 4�6i 69,399 70,153 fi6,070 $ 7� 64,043 61,309
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CORALVILLE MILL DAM
HYDROELECTRIC PROJECT
PRELIMINARY FEASIBILITY REPORT
FOR
IOWA CITY, IOWA
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CORALVILLE MILL DAM
HYDROELECTRIC PROJECT
PRELIMINARY FEASIBILITY REPORT
FOR
IOWA CITY, IOWA
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SHWE-HAIIIM MODEM^
CEDAR RAPIDS—DALLAS—DAVENPORT—DES MOINES—DUBUQUE—IOWA CITY
PLATTEVILLE—ROCK ISLAND
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CORALVILLE MILL DAM
HYDROELECTRIC PROJECT
PRELIMINARY FEASIBILITY REPORT
FOR
IOWA CITY, IOWA
0
Prepared by
Shive-Hattery Engineers, Inc.
March, 1987
I hereby certify that this report was prepared by me or under my direct
personal supervision and that I am a duly Registered Professional Engineer
under the laws of the State of Iowa.
'Q t--- March 9, 1987
s M. Hayden, F Date
Iowa Registration No+797.
SHIVE-HATTERY ENGINEERS,...
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INDEX
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PAGE
SECTION I
Summary of Conclusions
1
SECTION II
Comparison of Systems - Inverted Siphon
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vs. Conventional Submersible Systems
3
SECTION III
Project Sizing, Output and Costs
5
SECTION IV
Power Sales/Credits - Iowa -Illinois Gas and
Electric Company Agreement
7
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SECTION V
Financial Analysis
9
SECTION VI
Johnson County Conversation Board -Site
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Lease or Acquisition
13
SECTION VII
Environmental Review
15
SECTION VIII
Project Schedule
18
APPENDIX I
Trials -
Revenue/Expense Summary
APPENDIX II
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Agreement
for Electric Generation, Distribution and Service
6 pp.
ATTACHMENTS
Proposed
Project Layout (in envelope at back of this report)
Six -Month
Progress Report - April 29, 1986 - Attached by reference
i—
Six -Month
Progress Report - October 31, 1986 - Attached by reference
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SECTION I
SUMMARY OF CONCLUSIONS
The following is intended to be a brief summary of the conclusions and data
presented in Sections II through VIII of this report.
SECTION II Comparison of Systems - Inverted siphon versus conventional
submersible systems
Various locations within the dam structure were investigated for the power
plant siting. It was determined that the most feasible location is at the
west end of the dam. Refer to the Proposed Project Layout included at the
back of this report. Bidding for the turbine and generator system and the
development of the total project costs and output will determine the
specific type of system selected. For purposes of this report it was
determined that the inverted siphon system is acceptable and was utilized
for obtaining cost and project output data.
SECTION III Project Sizing, Output and Costs
The project is expected to generate approximately 3,500,000 kilowatt hours
of electricity per year. All of this power could be utilized at the
existing water treatment facility which utilizes approximately 4.1 to 4.4
million kilowatt hours per year. The estimated project cost in 1989 is
$2,000,000.
SECTION IV Power Sales/Credits - Iowa -Illinois Gas & Electric Company Agreement
The City completed extensive negotiations with IIG&E that resulted in the
Agreement for Electrical Generation, Distribution and Service dated
September 9, 1986. This agreement has an initial term of fifteen years
with provisions for renewal subject to renewal of their franchise. The
agreement provides a credit to the City on a retail rate basis for power
generated at the hydroelectric plant. The terms of this agreement are
favorable to the City and establishes the ability of the City to achieve a
long term benefit from the hydroelectric plant.
SECTION V Financial Analysis
The determination of project feasibility is primarily dependent on the
variables of bond type and interest rate, credits from IIG&E for
generation at the plant, the interest rate for investment of current funds
and the total project cost. A sensitivity analysis was completed using
numerous combinations of these variables and resulted in thirty-six trials
or sets of circumstances.
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Only the trials using two and three percent power purchase escalation
rates, which includes general inflation, resulted in benefit cost ratios
of less than one at the end of the bond payments. Only two trials
resulted in a less than one benefit cost ratio at the end of fifty years
of operation. Based on this analysis, the project is feasible at this
time.
Depending on the final variables at the time of construction and
financing, the plant can be constructed and placed in operation with no
— increase in water rates. Further, the major benefit of long term highly
stable electric rates due to the essentially inflation proof nature of a
hydroelectric plant is made available to the City and the water consumers
through the development of this project.
SECTION VI Johnson County Conservation Board Site Lease or Acquisition
The time spent negotiating an agreement with IIG&E and revised FERC
J regulations require an extension of the project time schedule referenced
in the agreement between the City and the County. A revised schedule
should be reviewed with the Johnson County Conservation Board so that the
terms of the agreement could be appropriately modified. The proposed
revised schedule suggests a target date of June 1, 1987 for reaching
agreement with the County on rights to the Mill Dam.
SECTION VII Environmental Review
The principal issues raised by the environmental agencies contacted deal
primarily with fish migration, fish mortality passing through the
turbines, impacts on the river bed environment and impacts to recreational
fishing. It is anticipated that the environmental impacts can be
minimized to an acceptable level or suitably mitigated against. A final
determination of the level of these impacts cannot be determined without
additional environmental studies. These studies are required for the
project in conformance with the Federal and State rules related to this
type of development. These additional environmental studies would
determine the true project impacts.
SECTION VIII Project Schedule
A detailed project schedule has been developed which considers the
environmental study/review process, FERC license activities, bidding and
construction. It is anticipated that the project can be completed and
operational by January 1, 1990.
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SECTION II
_ COMPARISON OF SYSTEMS - INVERTED SIPHON
VS. CONVENTIONAL SUBMERSIBLE SYSTEMS
Shive-Hattery Engineers and Tudor Engineering Company completed a preliminary
feasibility study for Coggon Municipal Light Plant at this site in 1984. A
conventional power plant was proposed at that time to be located at the east
end of the emergency spillway. Project costs were computed based on the
existing dam as well as the existing dam with the installation of three foot
flashboards. The installation appeared feasible only with the three foot
flashboards added. In addition, the location provided numerous problems
including:
J1. Difficult access through private property.
2. Construction of a transmission line crossing the river.
3. High cost per kilowatt hour generated.
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4. Major environmental damage to the wetlands immediately upstream and
downstream from the emergency spillway.
While cost is a major consideration, the environmental damage potential must
have highest priority in the consideration of power plant siting. Based on
experiences at other hydroelectric plants in Iowa and the potential for
environmental damage due to a plant constructed at the east shoreline, it was
determined that this alternative is not acceptable at this time.
The next obvious location is in the existing concrete and timber dam next to
the west shore. This provides ready access through the restaurant parking
facility this and greatly minimized the potential for environmental damage.
es an meiate
connecion to the
Iowa -Illinois Gas a&iElectric on dCompany (IIG&E) transmissiontsystem., All this can
be accomplished with minimal long term disruption to the restaurant parking and
related activities. The greatest disruption will occur during construction of
the power plant.
A report prepared by NNW, Inc, for Johnson County Conservation Board in
November 1978 indicates the existing dam is founded on rock at a very shallow
depth. It appears cost effective to consider an inverted siphon type system as
compared with a conventional submersible system because this would limit the
amount of rock excavation, dam removal, and associated cofferdamming and
dewatering activities, This further simplifies the power house construction
requirements and the maintenance of equipment,
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It is anticipated that alternative turbine and generator systems will be bid.
Final determination of the type of turbine and generator system will be made
upon analysis of the cost for the power house construction as it relates to
each alternative system, costs of the systems and the guaranteed output of the
systems.
siphon system isracceptable hand rwas rutilized for t it was eobtainingacosteand vproject
output data.
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SECTION III
PROJECT SIZING, OUTPUT AND COSTS
The inverted siphon system may ver
chosen for installation at this facility. Y well not be the system that is finally
wereiobtainednd sfromble Newto the EnglandrEnert site, flowseandihead.
was determined to be
turbine and generator equipment, as Development Systems Preliminary quotes
determined that from one to three turbine and Inc. (NEEDS) for
Based on the available flows and head, it was
this facility, generator sets could be
The optimum project size including Placed in
comparison of total
project coststok turbines was computed based on a
three turbine
ur inebinstallati n was moreted a flow available
hours
pensive generated per year. The
turbine installation is more availablekinothetriver.generated than
because the major fixed core expensive
kiThe single
change regardless of the numbers of Such s accessory
electrical
than two turbines
electrical equipment do not
The preliminary estimate for project costs is as follows:
ESTIMATED COST
Land and Land Rights (public & Private Property)
Structures, Improvements &
Dam Repairs $ 50,000(1)
Turbines & Generators (367 kw/turbine)
Accessory Electrical E 482,000
Miscellaneous Power plantPmentEquient 640,000
Subtotal - Direct Construction Cost 100,000
Engineering & Construction Management 40 000
Environmental Studies
167- Onn
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SUBTOTAL 1986 Construction & 30,000
Engineering Costs
Contingency (10%)
Financing & Legal Cost 1,509,000
Interest During Construction I 151,000
Interest Income on ( years 7%) 50,000
(6 month average Invested Bond Funds 116,000
SUBTOTAL 1986 Total Project Costs <58,000>
Escalation to 1989 @ 4%/year
1,768,000
SUBTOTAL 221,000
Rounding
1,989,000
TOTAL 1989 project Cost _11,000
2000 000
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(1) Purchase or lease of the dam is anticipated to be at a minor cost.
Construction and permanent utility and access easements will be required across
the restaurant property. The cost of these easements should be well within the
estimated cost provided.
The anticipated output is approximately 3,500,000 Kwh per year for the two
turbine installation. The cost per kilowatt hour generated for the one and
three turbine installations are approximately 15 percent higher than for the
two turbine installation.
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SECTION IV
POWER SALES/CREDITS
IOWA -ILLINOIS GAS & ELECTRIC COMPANY AGREEMENT ..
Iowa-Illinois
regarding a�Power credit tarrangement for ric Company Gthe wateroandcwastewaterrtreatment
facilities similar to that which is in place between the s
and Iowa Electric LiCity of Cedar Rapid
ght & Power Company.
would purchase the power from the hydroeleSubsequently, ICG&E proposed that its
ctric plant based on the regulations
and rates established by the Iowa Commerce Commission. The rate of $0.065/Kwh
established by the Commerce Commission has been ruled invalid by Iowa District
Court. The court ruled that a specific rate had to be set for each individual
utility in the State of Iowa. The Iowa Commerce Commission has appealed this
ruling to the Iowa Supreme Court but a final ruling is not expected until at
least mid -1987.
I The project feasibility became ver
I avoided cost rate', quoted by IIG&E uncertain
range �Ofp$On02/Kwhuas compared
with $0.065 as previously determined by the Iowa Commerce Commission. Any
calculations using the $0.02/Kwh purchase price determined the plant is not
j shouldlbe consideredmoptimisticsinglightioflthe DistrictoCourt ruuliing.Kwh rate
During this same time period, IIG&E was attempting to negotiate a renewed
to areacheangAGREEMENTreement iFORth tELECTRhe ICALDGENERATION, these negotiations the City was able
IIG&E which is essentially patterned after the Cedar TRapildsOandNIIowaRElectrich
Light & Power Company agreement. Under this agreement, the City will receive a
credit on the electric bill at the water treatment facilityin
17 generation at the hydroelectric
part of this reporty ectric plant. A copy of the agreeentrisurn for
attached as
1 The agreement is for an initial term of fifteen years commencing upon the
effective date of the electric franchise. It also provides for a renewal of
-I year the agreement if the City grants IIG&E a renewal of the franchise within one
provideoforha continuatilonate of of thethe agreementifor tThis arrangement should
plant, he life of the hydroelectric
In summary, the agreement provides a credit to the City on a retail rate basis
for power generated at the hydroelectric plant. The agreement also provides
for continuous electric service to the water treatment facility regardless of
1 the operation of the hydroelectric plant. Further, through the payment of a
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small delivery charge to IIG&E the City does not have to construct and maintain
a transmission line from the hydroelectric plant to the water treatment
facility. The terms of this agreement are favorable to the City and
establishes the ability of the City to achieve a long-term benefit from the
hydroelectric plant.
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SECTION V
FINANCIAL ANALYSIS
Any financial analysis of a hydroelectric project must consider numerous
variables. The most important variables are the expected interest rate on
project bonds, the term of project bonds and the power sales or purchase credit
prices with an associated escalation factor. For purposes of this analysis, it
is anticipated that either thirty year revenue bonds or twenty year general
obl. It
is further assumed that the first full year of plant operation would beigation bonds would be sold to finance the entire cost of the projectIggO.
Seventy-five to eighty three percent of the cost to produce each kilowatt hour
is the principal and interest payment on the bonds. Therefore, the interest
rate selected for the bonds becomes critically important. For this analysis
rates chosen varied from five to nine percent.
agreementThe
facility. This Power purchase wcredit wbased �on�the aretail erates charged forG
Gthe waterdtreatment
ercent of the
expected benefit cordcredit it mtolthe City ufor generationts for n at00therplant. Therefore,
the anticipated escalation rate on retail power purchases, which includes the
_i general inflation rate of all utility costs, becomes as important as the
variedtfromntwoest rate to sevenopercent. Thebonds.
U.S.FDepartmentanalysis,
Energyrates
andthe
chosen
Energy
Research Institute anticipate that energy rates will increase from 0.25 percent
to 2.2 percent above the general inflation rate for the national economy.
In order to determine a true benefit to cost ratio for a project such as this
it is necessary to determine an interest rate for investment of current funds
necessary to obtain a future designated return. The selection of this interest
rate has a lesser impact than the escalation rate for retail purchases or the
bond interest rate however it is of significant importance. For this analysis,
the rate was held at a constant 7 percent.
Other revenue and expense items must be considered including the generation and
delivery cost paid to IIG&E, operation maintenance and replacement costs and
— interest on the debt service reserve fund. Each of these has some impact on
final project feasibility however, they are very small as compared with the
power purchase credit and the annual debt service. Therefore, in the following
analyses these escalation factors and rates were not adjusted but were held at
rates that are deemed appropriate at this time.
The final principal items within this analysis are the final project cost and
project Output. The project output is considered reasonably accurate because
of the known river hydraulics. The project cost of $2,000,000 is also
considered accurate, but is subject to some unknown variables. A $250,000
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decrease in project costs results in an improved benefit cost ratio. This
improvement is variable but generally amounts to 0.10:1.00. For a $250,000
increase in project costs results in a poorer benefit cost ratio, also in the
range of 0.10:1.00.
Based on the number of variables involved, it is possible to create hundreds of
different combinations of variables. However, in order to provide a reasonable
sensitivity analysis, thirty-six trials were run using various combinations of
bond interest rates and power purchase escalation rates. These trials are
included in this report in Appendix I. A summary of the results for these
trials is shown on the Tabulation of Revenue/Expense Summaries on page 12 of
this report.
The benefit/cost ratio for each trial has been provided at the end of the bond
payments and also at the end of an expected plant life of fifty years.
Further, the break-even year has been provided for each trial. The break-even
year is that year in which the total costs of operation of the hydroelectric
plant up to this date are estimated to equal the total credits for the
I equivalent power which would be purchased from IIG&E if the hydroelectric plant
was not constructed. After the break-even year, the project costs are expected
to be below the estimated power purchase costs from IIG&E providing an
increasing total net benefit to the City. Benefit/cost ratios greater than one
indicate projected benefits exceed the costs indicating a feasible project.
Benefit/cost ratios less than one indicate costs exceed the benefits and an
unfeasible project.
Column 15 in the Revenue/Expense Summaries indicate the net savings present
worth. It can be determined from this column approximately when the project
would begin achieving a net dollar savings to the City. •A general statement
can be made that the first year of net savings occurs very early in the life of
this hydroelectric plant. Every year after this provides additional net
savings.
It is anticipated that water utility revenues would be used to finance both the
revenue and general obligation bond issues. The negative net savings in the
early years of the project require the City to provide these costs from some
source. This source could include increases in water rates as necessary to
provide the additional revenue. Other sources could include any net water
ti
available revenues
eato the vailable
prefrom any
sources.ltwould bepossiother
bleto bondrfornan amount
j exceeding the actual project construction costs. These additional bond
proceeds could be used to offset the negative net savings in the early project
f years. This procedure would slightly reduce the project benefit/cost ratio but
would increasedopower w the costs. Basedoone1988tprojecth no cwater systemwater
revenuesdue
themaximum
t
rate increase would be Just three percent and the average for all trials is
approximately one percent. These percentages would decrease in the following
years until a net savings actually occurs. The final determination of bond
type and amount will be governed to some extent by the management objectives
relating to City and water utility financing and rate programs.
10
SHIVE•HATTERY ENGINEERS..„. 37r
One of the greatest advantages of a hydroelectric plant is the long term
stability of costs to generate each kilowatt hour. This occurs because of the
very low operation and maintenance costs which results in an essentially
inflation proof source of electrical energy. As an example, a review should be
made of trial Y7 estimated costs per kilowatt hour under column -8 and the power
_. purchase credit under column 9. This trial is selected as a reasonable actual
occurrence of eight percent revenue bonds and four percent power purchase
escalation. Note that the cost per kilowatt hour generated by the hydro-
] _ electric plant increases only 28 percent from 1990 to 2019. Also note that it
drops to one-half of the projected 1990 cost in the year 2020 when bond
payments cease. Over the thirty year period from 1990 to 2019 the power
purchase credit per kilowatt hour increases 211 percent and becomes six times
higher than the expected hydroelectric cost per kilowatt hour in the year 2039.
j It is this long term stability in electric costs that makes hydroelectric
facilities such as this attractive as an investment for the future.
—i Because of the variables involved, any project such as this can be shown to be
feasible or unfeasible depending upon the parameters chosen for the variable
factors. The sensitivity analysis for this project indicates that it is not
feasible only if the projected power purchase escalation rate, including the
effects of general inflation, is only two or three percent. The great majority
of trials selected for this sensitivity analysis indicate the project is
financially feasible at this time.
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11
SHIVE•HATTERY ENGINEERS...
3 Ar
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Y
TABULATION OF REVENUE & EXPENSE SUMMARIES
(SORTED BY B.C. RATIO AT END OF BOND PAYMENTS)
BENEFIT TO
BENEFIT TO
BOND
PaIER
-
NST RATIO @
COST RATIO @
BREAR
END OF BOND
END OF PLANT
EVEN
BOND
INIERFST
RATE
g7RaiASE
ESCALATION
TRIAL
PAwME
LIFE (50 YRS)
YEAR
TYPE
(%)
RATE (%)
26
2.04
3.14
1991'
REV.
7%
7%
28
1.89
2.91
1993
REV.
8%
7%
30
1.75
2.71
1996
REV.
9%
7%
25
1.73
2.44
1992
REV.
7%
6%
-
32
1.69
3.63
1990
G.O.
5%
7%
27
1.60
2.27
1995
REV.
8%
6%
IJ
34
1.59
3.44
1992
G.O.
6%
7%,
31
1.50
2.81
1991
G.O.
5%
6%
'.I
36
1.49
3.26
1995
G.O.
7%
7%
29
1.49
2.11
1999
REV.
9%
6%
4
1.48
1.93
1994
REV.
7%
5$
33
8
1.41
1.37
2.66
1994
G.O.
6%
6%
1.80
1998
REV.
8%
5%
16
1.33
2.21
1993
G.O.
5%
5%
35
12
1.32
2.52
1997
G.O.
7%
6%
3
1.27
1.67
2003
REV.
9%
5%
20
1.27
1.55
1998
REV.
7%
4%
-�
15
1.25
2.10
1997
G.O.
6%
5%
7
1.18
1.77
1997
G.O.
5%
4%
24
1.18
1.44
2004
REV.
8%
4%
19
1.17
1.98
2000
G.O.
7%
5%
11
1.10
1.67
2001
G.O.
6%
4%
_i
2
1.10
1.35
2011
REV.
9%
4%
23
1.10
1.27
2006
REV.
7%
3%
14
1.04
1.58
2006
G.O.
7%
4%
6
1.04
1.43
2004
G.O.
5%
3%
....
18
1.02
1.18
2017
REV.
8%
3%
10
0.98
1.35
2010
G.O.
6%
3%
1
0.95
1.10
2024
REV.
9%
3%
J
13
0.95
1.05
2026
REV.
7%
2%
22
0.93
0.92
1.17
2014
G.O.
5%
2%
5
0.88
1.28
2013
G.O.
7%
3%
0.87
0.98
1.11
2039
REV.
8%
2%
21
0.82
1.05
2019
2026
G.O.
G.O.
6%
7%
2%
I ...�
9
0.82
0.91
2039
REV.
9%
2%
2%
J
12
I
3 7s
-I
TABULATION OF REVENUE & EXPENSE sumoRTES
(SORTED BY B.C. RATIO AT END OF PLANT LIFE)
i
�'r
`U
BENEFIT TO
BENEFIT TO
BOND
POWER
--.
NST RATIO @
NST RATIO @
BREAK
INTEREST
PURCHASE
END OF BOND
END OF PLANT
EVEN
BOND
RATE
ESCALATION
TRIAL
PAYMENIS
LIFE (50 YRS)
YEAR
TYPE
(%)
RATE
i
I . ,
32
1.69
3.63
1990
G.O.
5%
I
7%
-
34
1.59
3.44
1992
G.O.
6%
7% !
36
1.49
3.26
1995
G.O.
7%
716
I-
26
2.04
3.14
1991
REV.
7%
7% j
28
1.89
2.91
1993
REV.
8%
7%
j
31
1.50
2.81
1991
G.O.
5%
6%
--�
30
1.75
2.71
1996
REV.
9%
7% f
33
1.41
2.66
1994
G.O.
6%
6%
35
1.32
2.52
1997
G.O.
7%
6%
25
1.73
2.44
1992
REV.
7%
6%'
27
1.60
2.27
1995
REV.
8%
6%
16
1.33
2.21
1993
G.O.
5%
5%
J
29
1.49
2.11
1999
REV.
9%
6%
20
1.25
2.10
1997
G.O.
6%
5%
24
1.17
1.98
2000
G.O.
7%
5% f
j
4
1.48
1.93
1994
REV.
7%
5%
8
1.37
1.80
1998
REV.
8%
5%
15
1.18
1.77
1997
G.O.
5%
4%
-�
12
1.27
1.67
2003
REV.
9%
5%
19
1.10
1.67
2001
G.O.
6%
4%
j
23
1.04
1.58
2006
G.O.
7%
4%
3
1.27
1.55
1998
REV.
7%
4% f
7
1.18
1.44
2004
REV.
8%
4%
-
14
1.04
1.43
2004
G.O.
5%
3%
11
1.10
1.35
2011
REV.
9%
4%
18
0.98
1.35
2010
G.O.
6%
3%
22
0.92
1.28
2013
G.O.
7%
3%
2
1.10
1.27
2006
REV.
7%
3%
6
1.02
1.18
2017
REV.
8%
3%
j I
13
0.93
1.17
2014
G.O.
5%
2%
--
17
0.87
1.11
2019
G.O.
6%
2%
10
0.95
1.10
2024
REV.
9%
3%
1
0.95
1.05
2026
REV.
7%
2%
J
21
0.82
1.05
2026
G.O.
7%
2%
5
0.88
0.98
2039
REV.
8%
2%
9
0.82
0.91
2039
REV.
9%
2%
i
12-A
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SECTION VI
JOHNSON COUNTY CONSERVATION BOARD
SITE LEASE OR ACQUISITION
The City reached an agreement dated March 7, 1985 with the Johnson County Board
of Supervisors and the Johnson County Conservation Board. The principal
aspects of this agreement included the following:
1. Johnson County agreed not to compete with Iowa City for a
hydroelectric project at the site and agreed to cooperate by making
any existing reports, studies or other materials available to the
City.
2. Iowa City agreed to complete a feasibility study within six months
from the date of the preliminary permit approved by the FERC and to
determine if it wishes to proceed in developing a hydroelectric
project it would file a license application within 14 months after the
preliminary permit is granted.
3. The City would keep the Conservation Board informed as to progress of
the feasibility study and provide the Board with copies of all
documents related to environmental issues, benefit cost ratios, plant
size, power output and costs.
4. Johnson County agreed to negotiate with Iowa City in exploring
transfer of possessory rights to the dam if it is determined that
production of hydropower is feasible. This agreement is to be
completed no later than eight months after project feasibility is
determined.
Since this agreement was made in March 1985 several circumstances beyond the
control of the City have extended the project time schedule. These include new
FERC regulations regarding consultation with resource agencies prior to filing
of a license application and the extensive negotiations with Iowa -Illinois Gas
uselattric the waterny (IIG&E) regarding treatment facility. aThewer credit agreement withnIIG&Etbecameelectric
most
important issue relative to this project because of the IIG&E position relative
to power purchase. The project was determined not sufficiently feasible based
on an avoided cost purchase rate which may very likely be subject to change by
the Commerce Commission or the courts of Iowa.
The subsequent agreement with IIG&E now makes the project financially feasible.
The resource agency consultation requirements adopted in March 1985 by the FERC
can now be addressed.
13
SHIVE•HATTERY ENGINEERS....
is or
ti
The problem with IIG&E and the revised FERC regulations require an extension of
the project time schedule referenced in the agreement between the City and the
County. The project time schedule in accordance with the FERC preliminary
permit requirements does not require any change at this time. The FERC
preliminary permit is scheduled to expire November 1, 1988. Accordingly, the
following revised schedule as it relates to the agreement is proposed:
Completion of feasibility study, review by City and decision to proceed or
abandon the project - April 1, 1987
Preparation and filing of the FERC licence application - January 1, 1988
Reach agreement with the County on rights to the Mill Dam - June 1, 1987
This revised schedule should be reviewed with the Johnson County Conservation
Board so that the terms of the agreement could be appropriately modified.
14
SHIVE•HATTERV ENGINEERS.,..
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SECTION VII
ENVIRONMENTAL REVIEW
_ On January 20, 1986 a letter was sent to the governmental agencies that would
have to be consulted in the FERC license Pre -filing process per 18CFR4.38. The
letter was intended to advise the agencies that the City of Iowa City had
applied for a preliminary permit for the Coralville Mill Dam Project and that
this is the same hydropower project that Coggon, Iowa considered in early 1984.
Attachments to the letter included:'
1. Pages 1-10 from a feasibility study made in May 1984 including a
description of the proposed structures, a proposed site plan and
preliminary structural drawings, a description of the proposed power
plant equipment, a description of the proposed project operation
1 comparing the operation as the dam now exists and with three foot
high flash boards, a headwater and tailwater curve of the existing
dam and with the flashboards, the head versus discharge curve, a flow
duration curve and a power duration curve.
2. Plates 1, 2 and 3 from the preliminary permit application filed by
the City of Iowa City, Iowa on October 23, 1984 with the inverted
siphon and location added to the plates.
3. Location maps and a site plan.
4. A 24" by 36" print of the structural plans for the dam.
- 5. A schematic diagram of an inverted siphon.
i
The agencies contacted and their response to the letter are summarized as
follows:
U. S. DEPARTMENT OF THE INTERIOR - Fish and Wildlife Service
By their letter of February 12, 1986 the Fish and Wildlife Service (FWS)
j referred to their letter on the Coggon project dated March 7, 1984. In
addition, it stated that additional details regarding the proposed project are
necessary so that they could properly assess the consequences to fish and
wildlife resources. They further noted that the fat Pocketbook pearly mussel,
a federally listed endangered species, was collected from the Iowa River within
the City limits of Iowa City during the summer of 1978. An assessment
regarding project impacts to the endangered species is required.
I
The March 7, 1984 letter essentially details the FERC license pre -filing
requirements. This letter also states four specific study needs which must be
addressed before completion of the license application:
1. Instream flow needs of the river below the project dam.
J 15
SHIVE•HATTERY ENGINEERS.... 3 xS
_.T
Z• Effects of hydropower operations on recreational use of the area.
3. Effects of hydropower on the reservoir, fishery and surrounding
Wildlife habitats.
4. Effects of the project on downstream aquatic and raparian habitat.
IOWA DEPARTMENT OF WATER AIR AND WASTE MANAGEMENT (Now the Iowa Department
of Natural Resources
The Department did not respond to the January 20, 1986 letter. The DNR
response was essentially provided by the Iowa Conservation Commission letter of
March 31, 1986. However, the IDWAWM did respond to the Coggon preliminary
_ permit by a letter of January 11, 1984. Four
including stability of the dam due to construction of the power house, effects
on upstream and downstream flows due to operational
concerns were listed
Power house, public safety related to the project, andotheudefinitthe da
ion ofmaand
working relationship between the owner of the dam and the developer of the
hydro plant, The letter further requested that feasibility studies identify
J water quality and water related use activity impacts upstream and downstream of
the facility.
JIOWA CONSERVATION COMMISSION
Stated that the dam was a popular fishing area and that Walleye, White Bass,
Channel
and Large aMouth Bass fare hmoderately ead habundantninn
then
arearthinare abudat ad Noernorder �Caie
tor
assess
and comment on the project they require trash rack designs and intake
velocities
at the trash
toassureangling access rwill �not dbee
affectedoandhinformationoon thelproposedn
excavation at the site.
IU. S. DEPARTMENT OF COMMERCE - NOAA
National Marine Fisheries Service Stated that the project area does not contain
I fishery resources for which they were responsible and therefore they had no
-� comments to offer.
U. S. DEPARTMENT OF THE INTERIOR - National Park Service
National Park Service did not have any objection to the project and encouraged
coordination with State and local officials who are knowledgeable of the
existing recreational lands in the area.
U. S. DEPARTMENT OF THE INTERIOR - Office of Environmental Project Review
Office of Environmental Project Review stated that they have no comment at this
J time.
16
SNIVE•NATTERY ENGINEERS.. a+/
U.S. ENVIRONMENTAL PROTECTION AGENCY
— Did not respond to the letter.
IOWA STATE HISTORICAL DEPARTMENT
Division of Historical Preservation stated the proposed project would have no
effect on known historic or other cultural resources and recommended the
project for approval. If any items of archaeological, historic or
architectural interest are uncovered the work should be delayed so the Office
of Historic Preservation has time to determine the significance of the
discovery.
IOWA COMMERCE COMMISSION
Found no items within their authority that would constrain or prohibit
development at the site.
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17
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SHIVE•HATTERY ENGINEERS....
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SECTION VIII
PROJECT SCHEDULE
The following project schedule is based on anticipated actions by the City,
FERC, Johnson County and the
various environmental resource agencies involved
on this project. This schedule should be periodically reviewed and updated
when appropriate.
Review and Approval of the Feasibility Report
by the City
March, 1987
FERC License Pre -Filing Environmental Study/
Review Process
April 1, 1987 thru
December 31, 1987
Negotiations with Johnson County on Site Lease
April 1, 1987 thru
or Acquisition
June 1, 1987
Filing of FERC License Application
January 1, 1988
Receive FERC -License
July 1, 1988
Design
April 1, 1988 thru
January 1, 1989
Bid and Select Turbine/Generator Supplier
August, 1988
-Bid and Select General Contractor
February, 1989
Complete Construction
January 1, 1990
19
SHIVE•HATTERY ENOINEERS.�.
37r
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TRIALS - REVENUE/EXPENSE SUMMARY
i
-i
n
J
l
!J
_i
� I
l
I
s7f
111
REWMEAPENSE SIAMARY
TrI.L ran4`ani
fM
I..Afait on rase.
ION. CITY, IOTA
Icer Nrthase:2S
HYDROELECTRIC PROJECT
sord EAB E
COIALVILIE KILL OAK
A.. Bad.
Hato 9, 1907
ESIIN.ATM AVERAGE ANNML PREDICTION OF 3,500.000 Anil
1 2 3 L 56 7 A 9 10 11 12 13 14 15
ESTINATN DEBT
EST.I MR "KARL SERVIM NEI
ANNVA LEN. TOTAL LOST PURCHASE PARR RESERVE CINIT COSTS 4VIN65
PL. DEBT ADS L DEL. O,I15R AYNO.AL PER C901T COEDIT MIO TOTAL PRESENT PRESENT PRESENT
YEAR YR. SERVICE M. CMTS COSTS COSTS NN PER W CM IS INTEREST CREDIT MIN MTN NOR IN
••
19W I•• • • •
SIn,00 0 1114,00 130. • • •
000 1219,000 SO.W 0.09 1171,500 812, ^ •
250 SiN,750 �3171,729 3204,68^•42,944
1991 2 8175,000 $0 814,056 831,20 3220,256 50.061 50.050 11174,930 112,250 5187,1N I 5163,[90 8192,380 •828,60
199E 3 5173,000 0 514,112 02,40 1221,S0 SD.ON 30.01 8178,429 812,250 SIN,679 5155,6S1 510,859 •S2S,2W
1993 4 1175,00 0 514,168 133,744 822,912 MARL 0.052 5181,997 S12,2SO 8194,247 5148,190 810,050 •1121,868
IK4 5 5175,00 0 1114,225 45,04 5224,321 0.04 0.053 8185,637 18,250 1132,47 3141,091 8159,938 •818,847
1999 10 5175,00 20 514,512 542,700 3232,212 0.066 0.059 80,958 112,250 1217,20 5110,418 1118,045 •57,627
204 is 518,00 0 514,05 SS1,952 $241,737 0.M9 0.05 5226,81 82,250 w8,541 146,45B 167,624 •111,166
200 20 1175,00 0 115,103 163,20 1253,307 0.072 $0.071 1249,843 312,250 5262,03 167,730 165,459 52,270
208 8 5175,00 0 115,407 576,90 11267,307 0.076 wan 88,847 812,250 8811,07 $53,082 149,251 0,851
N19 30 518,000 0 115,718 893,50 3284,278 $0.01 $0.07 320,Ss75187,80 4P1,N7 1 44,607 137,345 $27,263
2024 35 10 50 1116,035 5113,828 3129,43 10.037 0.096 11336,86 . 0 415,256 531,495 512,43 119,331
2029 40 So f0 316,358 1138,492 1154,850 S0.44 0.106 5371,254 0 1371,254 S24,N2 510,341 84,452
2034 45 0 0 516,687 3168,496 514,1N 0.M3 0.117 40,894 N 1409,894 SIP,516 16,81T $10,699
2030 So 10 0 117,024 5205,00 1222,024 MAN 10.129 5432,556 0 1452,556 $15.30 57,537 17,46
1, Pint full Year Of plmt "radon 1990. BENEFIT TO Oft SAME
J. 32,18,000 Dard iseue • 30 VSan at 8 true innn.t at..
4. 518,000 fv16M In had sehr for 0. .oda• 0t r4WIrM far Cs.nt Obtlgatlm DOM..
S. SIt IAutM at 0.004 Par kltwatc hour • US of this uuta W at 4% Far Year. 2019 0.9511.00
a. $30,000.0 Initial O,H L R unlatM at 4% Wr war. 2039 1.050.00
T. Tatty of column 3,4,5, ar16 6,
S. Col. 7 dlvl6ed Try ..deserted .,.a. wort pradctlm of 3,50,00 kA.
9. CWrmt ran Nn ..al.tad at at 23 Wr Ys.,. (au. rat. O.MS In 19M Wal.etM 4 M 10.049) BRIAR EVEN VERB
10. lased m average arcual Wo4clm of 3,500,00 N,.
11. Interest from Debt Service Lowrey. at • rate of 8 (far Revuu. Bade IY3. 2026 1.00.00
12. total of Colum. 10 ad 11.
13. I.o9 MPJ .yds present Korth of calor, 12 colutw At 8 Innruq statim JauarT it Iwo.
14, Coats PUV . 16 present North of mlum 7 co tad At 8 Intarnt, er.rtlrc Jerwr, 1, logo.
15. Differ... of cerium 13.1. 14.
373
»/Y
I
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I
I
REWME/EXPENSE SUM,[
Trl.l r.ndar,2
I09
CITY, ICRAI-'
(ss.lrtlm at..I
HYDROELECTRIC PROJECT
I
IPWO.N.DS
[pglVl LlE Mlll DAN
$W Not. >t
MU 9. 1967
Kava... Intl. /
ESTIMATED AV[RA" ARAUAL PAMIICTMN Or 3,50,000 NM
I 2 1 t S 6 ] 6 1 9 10 11
12 I
13 1< IS
I
fSTESTINM7[0 OEII
I
.
' I MR "ME SERVICt
7910401 BEx. TOTAL Lot I "Cuts "LER RFSEIH
I
xEi
PL. OE" IDS t DEL. O,M[q H,M, HA 1 pMl} OMIT /U0
TW Yq. SERVICE
I
CREDIT 0511 SAVINGS i
CDV. MISGOTS COSI{ M I PER M 0211 INTEREST COMET
un............................
PypyINT
............
1
105}X} YOITMT '
I- 1 !1]5,000 EO !14,00 M"", "19,000 0,063 1 O.01 s176,sp0 �1=•ss0
7921 2 316,000 W q,, 056 {31,20 "20,256 ".010
__
1190,750 I
{•••, f]E,S)1 .. •••
1201, {26!02
1 50.053 {110.655 $12,250
102 3 SI6.Go0 0 3",112 W,it6 "21,50 1.063
5196,100 1
5171,266 SI92,360 •121,094
1 50.054 1189,371 $12,250
1WE t !16,000 SO $14,166 $13,78 "22,912 0.061
$201,"1 1
{164'63 5160.859 •116,276
1 0.0" 1195,052 112,250
1991 5 516.000 50 914,225 515,0% W4.321 50.064 1 50.07 5200,903
"07,302 1
1156,150 1170,036 •{11 ,909
912.00
"13,153 I
"11,96 1119,9" •17,9"
11039 10 516,00 " 214,512 "2,O0 162,212 50.0661 $0.067 5232,902 $12,40
$245,1521
"24,6651}S,S45 56,576
204 15 516.000 0 WAS 151.952 $241,67 10.0691 W.Or 126v,99T fI2.60
""•2471
"02,299 167,64 $14,676
209 20 116.000 " "5.103 963,20 5251,307 W.072 1 W.EER 1313,001 $12.40
$325,251 1
164.0$1 565.459 "6.592
2014 25 t16,000 " $15,407 $76,900 "6)•307 50.0761 50.104 $362,654 512,60
"6,f" 1
W,113 "9,251 119,661
2019 10 {16.00 0 $15,716 $93•S60 524,26 $0.01 1 to.120 "20,647 $167,250
107,699 1
1",656
537.345 "2,513
•. I 2024 35 0 0 $16,035 9113,625 SI29,W $0.017 1 ".119 "67.6,5 0
"67.6(5
I
1
"5,671 112,163 $11,511
• I 2029 40 0 0 SIMM "36,492 9151'50 M.,,, 1 W.162 IS65'4 "
9565,314
1
$$7,62 510,"I $27,411
2014 15 So 0 516,07 110,496 SI6S,IM 0.051 1 0.167 "55,354 0
"55,354
1
111,2" "Al? $22,366
2039 50 0 0 $17,024 9205,000 $222,04 W.O" 1 0.217 169,65 M
$69.65 1
$6,791 27,517
SIE,254
I, first full year of plant "Failm 1990.
3. ",16.000 hard I... • SO yr.n at 72 try Imereat rep.
BENEFIT 70 MST RATIO
4. 616.000 fu 1. bmtl W. far O.vaay lod' rot FWIW for Garvrat mlf9stlm bads.
S, IstfutM At 30.004 Sllw.tt haw
pr . in Of this Un1.eM a 4% Par year.
6. "0.00.0 U
Initpl 0,M S A nlatw at 41
2019 110:1.00
gar year.
7. Total Of at. 3,4,5, W A. .
2039 1.27,1.00
A. Colum 7 dlvldM by ..tlmtW Wang, Uaml Wadctlm Of 3,50.0014.
9, Curnet rate n. ua.ptM at at 3%
pr SAN,. (Ips rata O.OS In 19" Fmj,C}M t0 b. !0.051)
10. IUM m ... pw aural Wad:tlm Of 3,500,001 IA.
HEAR [HM !p9
It. Irl -1.1t fr. ONCEa.,(,. Co, oa90
at a rata of n (for Irvaue IW. mly2.
12. total of roluma 10 W 11.
206 1.011.00
6. Imon M a0u.la pra.mt xorth of COIum 12 CHMW at R Inl.rpl ."Itlrq Ja.r.ry 1.
It. Costa M spina prstmt .,to
19%.
Of Colum 7 rapvlM at 71 Int rt. wtf" JNrwry I,
I5. Olff"n - of Colum 13 Wrw, 14.
190.
117C
IN
I
- awow"
I
REVENrt/GIFMSE S4MARY
Id
Irbl na.`xrx3
1064 CITY, IOW
41.1m1. nt4
N10RC[LECTRIC MOJECT
Iowr Iwch... :4
—•
CCRALVILLE KILL CAN
IoM Est. is /
ff.rch 9, 19117
In.m. eaW
_
ESTIN.ItED AVERAGE ANNUAL PRODUCTION 07 3,500,CM C1rK
2 3 { p a 7I
e l v Ip 11
n
•
En. I ISTIXATIO DEBT
I 13 1< IS t
I
I MSR MYVAL SERVICE
BEAT GFX.You
IL. CGt ADSM { 011.
�T I MMI AI=
NET
i
9,141 MK
omit
!FG YR. Sf4Yld M. COSIf [OSTS /[I I tlblT d"li IUb
••••• COfiSim I MR NINE
I tlblT (OSIS "VIY05 �
2041 I "[SENT ME"" IIESEET
••• •• COST$ INTEREST
•••51••77• .•.. mu.•
IWO 1 217.000 SO If<000 M"'Df219,o.p63 • •••••••••7.•7•••••"•"'•n.....•.......1991
d.... I .... 1411E .dTX
2 217,004 f0 51<, 056 $31,x00 3225,.0" I 50,035
NOS.3D
1192,920 212,250
'In,00o b 21{,10 $32.7{4 5225,5.0" I b."7
I "7,2" n$2.3b••b1992
1 5200.637 512,250
{117,000 w 214,1" 71,74 R22,v.47 I ",MD $2",6" 20,250
1994 s 317.000 w 514,225
5212,"7I $Tn,M 1W.450 •31,020199]
$210,90
"S,OM fn4.3.06{ I b,0$2 $217,009 20.250
I fl"s" $120,053 •21,3253
522909 SIMON"Y"Doow31{1512
nz,w0 anz,z.Dea
I 0.07 5264,024 $12.250II8,D,S
2"7,524
t00t IS 117,000 w 214,405$241,n,Ms I ".092 $321,226
BE
$12.250
20 517,000
"33,476 1 5120,E
333.24120M
w "5,103 '63,204On I ".112 f3M04,161
1161 "S,<Sv t",202
2014 a iln,o00 w 215,4""6,900"67.70w6 I w.t"
"n,4n"2,250badtl"
201930f17,000w$15,114 003,560
365.251 250,615
$23t,27"1 i ".fbf '37"00.596
"715"
202[ 35 bb
"0,251
71 65.201 '703,6" "
2029 <0
37",11[61 "5.934 fu,f$3 f5),761
w b 21KI 20.245 "56.356b
45 SO w '16,6117$164,496 "",Ia351
1656.3]6 I 227.1" 310,741 Kd,KS209
",294 I,Otl,pGb 11,941,eK
I uv,"7 ",e17 Ko,IM2"9150I
w."z 1,267.3" bII,267,556I
Kl,"2
",537 535,494
1, ""t lull TINY of 9bnt [pralm 1vM,
7. 0,17,000 k9rtl 1420.30 TI.1. .t n t" In1.,..t n1..
L. $17,000 IutlM In bmN
BENEFIT To [DST RATIOS
41. for A"' $md.• mt rp,IrM I., G.n.r.l ObI1M51m 6531..
f. 4t WtM w 20.004
Iwr kllwrtt haw t0i of NI......rtAm, A. 4 MY vo.
6. "0,000.00 1.41.1 O,X a I o41.1.6 .t 4;
2019 1.2711.00
w Tor.
7. Taw at cOlun. 3,415. and 6.
J
a. Col"" 7 61YIGA
2$39 f.S5t1.00
by..tl..1.6.,ar.9..nu.l WNBA'tt- If 3,500,000 94.
t. Nrront OII us..ec.INIM
at .t 4;Y
IO. 1...6 m.Mr... 0.201 WaolegWl o ]1500.000 94(1494 111. 10.04! In 19" W.I... w to b 30.053) BREAK TWO YEAR
II. Intn4[ RIO O.bt S."IC. CevmO. w • r.,. of n (lar R.V.51,N IoM. w1Y1.
12. T.ttl AT .1 m 10 .M 11.
13. Irm . IW . I. W.,.nt Nonh AT whim 12
Ina 1,0111.00
--'
cco x tu, .t n III .... t, .t.rtfn J.rA,.,, 1.
16 Cort. MV Nµ41. t1..wt North of colum 7 C~W
IM.
_
It n 13.1 Inbn.q 51.It
I IS, pllhna. um . 14.
At Sol1w J.r,u.ry I, IDM,
J
I
- awow"
IREV "/EXPENSE mamma, ,
FOA 171223 1..m,rtt
IW CII', AGM E. -.[Won ntn
I MYOROILECTRIC pRwECT Pwnr ft .h....51
�- CORALVILLE MILL Op Bond [rte 71
MAYO 9, t,, Rry sora.
ESTIMATED AVERAGE ARNIAL "nMICTION Or 3,500,000 RVM
1 2 S <
! d 7 e I 9 10 if 12 I 13 14 Is
..i EST, I ESTIMATED CUT 1
AMMWL OEM, TOTAL I PMA AMwAL SEAYIK 1
PL. OUT AOS E DEL. O,MAR ARyyp COST I MENAS wNER QRIVf Mit
1 YEAR'[. STAY," M. a,'S =Is PER I only TATS I CREDIT =IS
IF
4wli TOTAL wVIMOf
..I. ........................... RAN 1 PEI mM =IS I IILfFOr PRESENT gLIENI
......T CAwll I NORTH WTN ""
, nn. uu•..
n8219,M ...nnl qp
two t slzz,w0 w fl{,ow 170,000 3zl9,aw 00.031 w. •••••••••••••nn...........
1091 2 1179,000 t0 1134,,056 1131,200 1220,86 f0.p8 w, ..$191,353 2204....22..$13,31.
I •�qs nnsw slz,zs0 uw,n01 :001,3:1 fzw,an ou,na
IW2 ! 1115,000 w 114,112 82,{00 11221,50 ".Do w. Rw,1B 112,80
I9p3 t fIB,Ow w $",1X 1133,744, $222,912 IO,Oµ I w.µ1 812.81 512180 SU4t'el j 218,2µ 11100,8309 ft,RS
199{ S 11V5,Ow I 061 822,µl pz,2n 1185,0911 829,1519100,058 tD,29J
r,l 10 tiG,x25 83,096 ti1<.321 w.0µ I w.q1 118),98 ft2180 84,6,111 1 11179,33, SIM, On93a 81,8.
1999 10 825,000 SO $14.312 Xx,wO $82,21: 4o.0µ 1 10.005 fAe,el 41x,80
1 i tw{ 15 1115,000 w 114,405 151,82 8<t.212 w.q9 810.Ee1 1 1158,036 &ITS,%, 89,9p1
I '.100 3X1,137 :12.210 891,!8 1 314,2,58 107,6x{ 35{,918
2009 20 t115,Ow w (13001 1161,lµ f83,1q 0.012 w.
_ I 119 um,<X $12,00 u9e,eee 121ze,e10 us,<s9 161,,71
2OU 25 11175,000 So 15.407 t76.9w 867.103 :0.0161 w.IM Sow.
�i mz t1z.m0 56!!,08 1 sua,us uv,:s1 urpv<
2019 3O 875.000 so 85.718 593,540 Bµ,AS w.q1 1 w.2M 1792,156 2187.80 5979,406 siB,dX
_ 2021 15 w w 116,022 813.828 11A.µ3 0.017 w. I 37.X5 81,34
1
I 289 1,031, 269 w 8,011,269 I 594,716 312,163 118,555
-� AA 4,0 w 10 tld,lsa 31X.492 2151.80 10.044 1 00.169 1.2p0,µ5
- I tqt 45 10 10 t16,687111µ,4,96 3X5.18 00.03! I 00.03! 1,µ],2S1 10 tl,zw,µ5 1 28,191 !10,X1 f79,p50
2019 50w 1i,µ7,81 I 1X,171 118,8!) 89.614,
10 So 1117,02{ 8051000 2222,02{ 00.08
_. I w.wt 2,tw,357 w u,mz,Xr 1 nl,7w 37:37 fd7,w
11
flnt lull nu of plant "ration IPat.
i J 7. 8,181000 boat Iuu1 - 30 "or. At 7; tan Int ....nott at..
{. 1118,WD fu.Nd In SINE/IT 10 =I RATIOS
S, btlatM R 68A8� EAI- for h..Ra,mm, Nr, hl, r,q/IrM for 4m,nl Ob119,t1m 6oyr,
6. 80,000.00 Initial M B 11 NA IA.u1rtM at 4; of Nb erttlRtd -t R pr Pur.
7. Total a/ ..loon 1.4,51 7,6 6. For
bmr. Af9 i.ott.w
8. Caluon 7 divldmd,mol 2079 1.91t1.w
9. Currant at. n. ag al,trd .at at 58 P r "St 9lar of 3,300,000 86 D
10. I..w on or..... of .5w, U.S.13aIA r,t. 00•µs In 198 prol.etM30.035)
11. InU1.It from PADS SIrvi9rodxp OA at �Sn ,00,7!28 oar bvmu- 1 ALAC EVEN YEAR
_I 12. Total of ca loon, 10 AM 11. Ionia only).
B.. Int' M A t' P'---t-,in of Colum 12 c 199,Lgtl.w
I ib CaRA PW owl. prams wren .1 Sol.7 e 1f0 at ]i Inen,rt. Rartf,
15. DlffvL1wrY 1, 1090,
,rcl al ..Tann I! Winn µ. oputM at II Inana, .urtliq Lruary 1. 1922,
V
REVERLE/ESPENSE pevlelT
Trial ruht,:5
FOR
E"e balm nm
Im CITY, Iwo
P., M,h... :2t
XTORCELECTRIC PROJECT
Cay all. 5
/
CXVALVILLE MILL DUI
Resew Cavia I
March 9, 1967
kit
ESTIMICO AVERAGE AN31" PRCOwTICM Or 3,500,000 tW
COST "CLOSE
1 2 3 6 5 6 7
6 9
10 11
12 i 13 IE 15
ESTIMATED O0T
EST.
i MR
ANNIAL SERVICE
kit
AXNAAL DEM. TOTAL
COST "CLOSE
pOYER RESERVE
i CREDIT COSTS SAYINGS
PL. Dist ADS S DEL. O, "R M"L
PER i CREDIT
LVEDP] IIIND
TOTAL PRESENT PRESENT PREStMI
TEAR ......EERVIC.a.M. COSTS
.......COSTS
. .a..MTS
on • • ..
.
MI..� PER W
u rove..••••••..m.•••.......•n••I•m•ovv.....v
COSTS INTEREST
0011 10RTM "to "TO
19m 1 5196Ow w S1i3Om 00,000 5219,000
0.05 10.049
$171,500 $13.650
5165,150 SIT3,OT 5223.36{ 550,327
1"1 2 091,Ow 0 $14,056 01,200 1110,2$6
w.O9 w.00
0741930 03,650
2166,55 065,71332Gge49 •u5,136
1992 3 $I",Ow 0 $14,112 02.456 520,560
0.69 10.01
076,429 03,650
3192.079 i 2156,793 5197.10 •"01392
IM 4 5193,000 0 1114,15 533,744 3242,912
10.05 i 10.02
00,997 313.650
2195,647 i "49,25600.316 -",055
19" S $193,Ow w 05,225 05,096 3244,321
30.070 0.53
SI5,O7 113,650
$199,2371 2142.09 1174,197 •02,15
1910 10 at%,010 0 $14,512 u2,7w 052,212
10.072 0.09
5204,956 913,650
3216.65 1 011.129 5126,212 •517,05
1 254 15 5195,000 0 114,55 151,952 061,n7
0,075 i 20,05
026,291 $13,650
S139,94, i 566,966 195,673 •32,90]
2329 20 5195,000 0 05,103 563,204 3273,307
10.07{ 10.071
$249,93 $13,650
05.401 "6.52 20,62A •0,536
2015 25 "Moct0 0 $15,407 576.900 1257,307
10.cu 10.079
5275,"T 513,650
3259,497 153,"0 152,936 $404
N19 30 1195,50 0 $15,718 1931560 0041273
0.57 Sow
004,557 525,650
$513,207 01,410 O9,pn 327,"6
025 35 w w $16,55 3113,323 1129,53
10.07 1 w.ws
5336,256 w
036,256 01,495 $12,10 119,331
20" 40 0 w 516.355 05,492 1154.050
10.0" Mom
071,1" w
076214 04.792 $10.341 514,42
20" l5 0 SO STOAT S15,496 9185,15
10.053 w.111
u0p,54 w
u06894 1 $19,516 0,617 00,699
2039 50 30 10 217.024 005,010 $212,021
0,063 1 0,120
"52,556 w
u52,556 515,30 21,537 $7.026
1. Ilnt full per of plant Operatlm 1910. -
3. 12,196000 IoM Team • 30 pari at 8S trw interest rote.
991111t t0 COSI RATIOS
4. 09600 rayed In bay alb for Rrverw R.rya• net rewired Sm Central mllpulm torula.
S. 11tI4ted at 10.00 For kllwatt hwr • 15 Of thb escalated at 41 pr Year.
6. 230,Ow.w Initial O,M 3 R escalated at 42 me Year.
2019 0.5:1.10
1. T9nl al .plum 3,4,5, anal 6.
2039 0.9311.00
S. ColuM 7 dl9lded by ealmtad ever.,, rnyl weAstlm 91 3,510,010 kon.
9. mrr ant role we. escalated at at N pr Ever, lues ran SO.0 $ In 195 prolah6 to 4
0.0495
10. wed m eyfee$ ea.,rl predu.tlm Of 3,Sw,Ow ty1.
$RUC [AN IW
it. Innnet (TOO Oett Sarufu Cev019. at . rate of 71 (l.r teres Jaya only).
12. total Of whin• 10 W 11.
519 0.9511.00
13. Ircye 291 pyla prowt wrth of n1uO 12 cOa m W at 71 Intoes], uartlm JeuarY
6 1990.
16 Coate M pyla preant month of colun 7 Ua,,,ted .t 72 Interest, tartfn Jawr,, I,
1910.
f15. Olrfeerce of .alum 13 Mires 14.
i
In
iy
I
j REVEMYEJLVEESE SYVIEMT
Trial n -,,6
FOR
Esnfail. nn.
IOW CITT, IM -
Parr Nrthua35 1
NwACELECTRIC PROJECT
Bmd Hate a
COMLVILLE HILL DAH
R. Eads
Huth 9, 1967
Ea:PATEO AVERAGE ANNUAL PRODUCTION OF 3,500,000 W
1 2 3 A S 6 7 6 1 9 10 11 12 1 13 14 IS 1
E$1I"TED DEBT 1
EST. 1 BMR ANNUAL SERVICE I NET '
AANUAL GEN. TOTAL =I I mciou BMR usaa I CREDIT COSTS "VINaf
Pt. GEST AOS 2 DEL. O,aR awAL Pit 1 CREDIT CREDIT Hlw TOTAL I PRESENT PRESENT PRESENT
Yak a. SERVICE W. COSTS COSTS COSTS M I PERM COSTS INTEREST CREDIT I MTN MTH MTN
.................................as............... ...............®....e.e..w...................e.......,..........
IWO I 8195,OW 0 514,Ow "0,000 2"9,"0 MORS I ".051 5130,SOO 813,650 $192,150 1 8179,579 Un,3K 143,765
101 2 "95,000 w 114,056 831,200 {240,256 w.a691 ".053 11115,655 213,650 SIW,S" 1 51n,50"09,849 •07,340
I1972 3 5195,000 S0 514,112 $32,445 $241,560 10.069 1 0.054 2169,371 213,650 9203,021 I 1165,725 1197,185 •131,40
IWE 4 095,000 0 114,10 933,744 1242,912 O.n51 0.956 1195,052 113,650 5208,7021 2159,215"65,316 a26,00?
1"4 5 S195,w0 0 914,225 05,096 3244,321 OAT0 1 14.057 52",901 $17,650 1214,553 1 1152,974 2174,197 421,224
IWO 10 2195.cw, 0 214,512 442,700 $62,212 w.O7 1 ".067 9232,02 913,650 9213,552 I "25,335 $126,212 •52,67
2004 15 $195,000 0 "4,645 "1,952 9261.757 0.0751 10.07 5269,9W 113.650 320,641 1102,1507 974,873 97.93 ;
2075 20 9195,000 0 $15,1" 5",204 $27,307 SOAPS 1 50.069 "13,001 513,650 5326,651 1 83,413 S".625 113,76s
M14 23 "95,000 0 05,407 126,900 9267,307 ".062 1 w.1W s352,"4 113.00 "76,sa 1 "9.37 152,936 $16,4u
2019 30 9195,000 0 $15,715 593,50 "04,225 50.087 1 0.120 "20,64 1205,650 3629,297 1 362,669 139,9n "2,60]
2024 35 0 w $16,"55113,628 5129,6" 0.0371 0.139 W7,645 0 5457,4451 "5.674 512,1" "3.511
Ron 40 w w $16,355 sD8,492 5154,850 92.0" 1 60.162 2565,314 w $565,314 1 $17,752 $10,341 $7,411 j
to3 Cs w w 516,661 t1w,i96 1165,1" ".053 1 0.187 "55,354 0 1655,354 1 01,204 13,611 SU,386
2039 50 w 0 511,024 1205,000 1222,024 w.o631 0.217 8759,"S 13 8759,755 I M,TSI $,537 115,254
1. first full per of 91st "radon TWO. BENEFIT TO MT "TIO
3. 92,195,000 bad lust • 30 ytus at ITS; trtat Interest rate.
4. 2195,000 fonbab In bad ale for IaVnu BuW rot r"I,W for Omral col load. Camels.
S. tstiatM at 0.004 pr kl(artt hmr • In of this 446.176.1 s5 4% Per par. 2019 1.011.00
6. 130,M.w Initlsl 0,11 E A ualatW a 4%Wr year. 039 1.1811.0
'1 7. Taut of Colum 3,4.5. W 6,
0. Calan 7 EIVIdM by utleutM average smut Pra tl. of 3,500,000 M.
9. Current rate vn nataeb at at 35 Per year. fere rete DBMS In 1D" Waleaed to to 30.051) BREAK MN TNt
10. atW on sorsa areaul Woactim of 36500,"0 kA.
11. Intmst from Perot arvias Coverage at a rate of 7S (for A. fads only). 2017 1.00.1.03
12. Total of alum 10 W 11.
i13. rimae M gots Prnent with of <olum 12 C~W at 71 Inarat, aotlrg J r ry I. IWO.
14. Calls M e I. Watmt Horth of Colum 7118 tad n 75 N.11n, t.1,IM J.q 1. IWO.
15. Differ... of alum 13 .1. 14.
-
-
1
REWNIIEJEBPENSE S,,t
7ylst
la
', _ ,
cf-Toy
IOW CIiYr INA Gwbdm naa
HYDROELECTRIC PROJECT Pmt NvNro:{;
TI;ALVILLE PILL 01 IoM 481 1Z
-
N... h 9, 1987 RwmP Batla
ES7IN4tED AVERAGE ANNWL PRONCIIN O7 1,500,000 tVN
J
�
z l 4 S 6 7 B I p 10 11 12 I 13 IB 15
FST. I [Si1MAIW OFBi I
i =
I PN$R ""I SERVICE
ANWAL GEM. TOTAL COSY I PL,GNA$ PN$R 1[SEAK I NET
PL. DEBT
BOB sDEL. CAR a", PER I DIED CIAER EU, I OMIT =IS UVIYGs
YEAR VA. UAVIDE M. My, COS7L WSTS TOTAL I PRESENT PRESENT PRESENT
lVN
................................_ _ I PER HNX CMTS INTEREST UFDIi I WfN mrN "Is
•09100
1W0 1 •
ST"" ""OWW0•00 10,068
sis, I• MASS 1185,500 $11,650 81W,150 I SIM. 121 t222,3UM07,243
IWI z 140,170 20 214.056 13112DO 8240,256 0,069 I U.055
i
fln•9M $13,650 UN,5ro I 3101<2617pp,Up •$29,123
IW2 S 3195,000 W t1<, 112 02,4$1 IM1,SW 10.069 I 20.057
i
1200.637 813,650 S211,2e7 I 414$,02 1197,185 •[22,265
90 1 3195,000 " 814, 168 f]I,T« 042,912 30.069 I 40,060 $20,660
J
113,650 3132,312 I $169101 4185,316 •815,713
iWl s $195,000 f0 tl<,20 05,06 R{t,321 W.GM I $0.062 1217,00 113,00
W016$D I ifU,45T 11]0,40 •19,7[1
ipW f0 $195,00 t0 {14,512 812,70 4252,212 20.013 I 20.013 Rdt,0i/ 8],650 12771681 I tilt,
156 9128,212 112,981
2081 15 $10,00 20 {14,203 451,952
fid11m7 30.013 I $0.02 021,226 4131630 01,8)61 f121,A4 tpG,en 816,502
M 5195.000 W $15,10 $0,204 10.117 i0.om I 0.112 090,831 {8.650 1$81,171
11009
I 1181,581 tro1621 113,80
--,
201/ 0 510100 20 $15,40 $76,910 3217,30 0.06E I W.1U
Um-40 0,00 5487,40 I 80,424 02106 07,10
_
I
I m19 70 $10,00 W tl5dte 10.50 0G4,2m 20.0171 20.165 fSm,Slo 120,00 fm1,iW
I 510,<0) OD,pm W,qS
.
1204 35 w W $16,03 5113.828 31W,U3 0.037 I ".201 170,846
W sn].U6 I SE5104 312,10 153,Tdl
2029 40 " 40 816,358 5138,192 1114,150 tO.W I 0.245 "56,3]6 "
056036 I 457,186 010,317 816,843
I 2014 LS
20 W 446107 11681496 fIDS,lO 20.01 I "ane
1,U1,eU 20 tI1041,eU I 819107 O,eV 810,790
I 209 50 20 W 517.024 Sm"OW $2221024 W.Oe3
_ •,
I W.362 1.267.586 W 11,267,566 I U1,012 17,517 0S,494
I. first lull Vr4r of Plmt -wr01m Im.
3. $2,10,000 bars! lUw • 30 BENEFIT TO Mist RATIOS
far..
,
11, 810,00 fatly In bmt oto for
Ravuu. Irwalanbnm
s. [Btlamy At 20.004 not r Try lot G.mrrl Dbllpotlm bands.
I....I
6. Total 0 ['it' 'I O,IIrfRR 1w At 4; of "or. his mnbty rt 6 pr par.
p yrst. 2019 1.1111.00
7. 101.1 of -alum 1,4,5, W
6. 2019 I.440.00
Colun 7 61v16y by mt lrtol
I rag. anal Prod,tlm 0 3,50,00 YJ,.
9. Corrrnt ran w. c.wbty
JI
I0,
of 4f 4; Far Poor. MM at. 0.815 In IDU W.1.3w to Do 10.0531
to. Yuy an w...9. amwl yroActlm of 3.50,200 SA,. IBM EVEN YEAR
II• In rw Irm O.b1 Smvlp CawraYo at a rote of m (forR.VOua
IoM. only].
12. Total of .olun. 10 W It. 2004 1.011.00
i
I1.:m"" M aanls Pwtmt Nonh of -alum 12 [-.poly .t 7; Int.n.t.
starlit, Jorwry f1 1970.
CostsrM .Wol. Prrrmt North of calu'n 7 <,rann, at n Int.r.ott
IS. .Urt(N Jv[ury I, 1990.
Dftforc. of at. Il .1" 14.
J
�
boo
- 9EYENIIF/EYPEMSE SUN.1lY
irirt r.AMr:a
ZONA (EST, SORA
n nus
Estat.dNrchu.m
NMROLEC TAIC L4IM}
Ia.r Pd
COBALVILLE MILL Case
lar
lardget. a{
x.rcn v, tvm
Boat
ESTIMAIM AVERAGE "WALL PRCOU[aO 07 3.500,OCO a9M
1 2 3 L 5 6 ) a 9 10 11
12 13 1{ IS
• IST. I E57IMTO DEBT
i
_- AN "L LFII. "m SERVICE
TOTAL [OST � POCOSS Me RESERVE
I MEI
PL. DEBT ADS 4 DEL. O,MO '", PER I OMIT OMIT nap
CREDIT COSTS RAVI...
YEAR N. SERVICE M. OSIS COSTS OSIS MYII � PLA lYN COSY
PEn
' PASSIVE %[SEMI PRESENT
................................m...0.u...... eNX IYIOLST
OMIT NI IN MTN LOM
_
7990 I x95'000 M Sif,pOp W,000 $2391000 0.08 I 10,055 ••3192,500 $13,650
1Dpl 2 3195,000 0 1114,056
• 52O,IM w SIY2,6u f271r7u .............
i •550,701
101,200 t2t0,n6 w.W I M.058 $202,125 317,650
1992 7 f1nr0M M af, 112 Ai,lix
3215,775 I Ifaa,{66 $209,x49 •121,30
$2411560 10.069 10.061 $212,711 50'650
8223,01 I uu,366 $197,10 •311,)99
AD o S13,650
J 99 S 3195,000 w 3${,223 135, 6 112{{,121
SM -193 419 0{,191
M.O7042,912
I 10.061 t231,9O5 313,650
U,77,O5 I t116,5M 917 42,363
199D 10 $195,00 0 $34,512 uir7O0 $252,211 10.07! I 0.05 t29x,d71 (17,650
3312,281
I fiSa,7<e a12e, 212 330'SM
200{ 15 3195,100 M 11$,x0 5511952 1061,711 O.On
I O.IOD WI'1l7 $13,650
u9<,n1 I tl<],OM fu,en tfa,216
1009 20 t195,0w IS SIS,1O 163,204 3271,707 O,o78 M.f]D ue6r4le 3171650
5500'00 I 1129,232 3M,62a 158,604
--• I 2014 a $MSIGG0 0 115,407 1176,900 1287,301 M.O2 I 0.177 $620,332 113,6SO
$636,482 1116,943
552,936 W,967
2019 30 SMORTO w 115,716 193,60 S3u,2M M,O7� [0,226 f792,356120x,61031rw1,006I
1131,{99
M9,Dn MI'S21
._I M2< 33 0 10 $6,U5 3111,818 3129,01 10.07 I 10Re9 $1,011,269
M $1,011,269
Sigma 512,163 1x2,555
• 2029 40 10 M tld,35a 3138,492 t15{,O0 t0.0u I N.w t1r2O,"S M
S1,2w,66S
I 06,191 100,341 tn,850
203{ 45 0 0 316'6x7 SIM,4m f1A3,1O $0.053 I 0,{71 11,6{7,71$
w fIr647r2S1
f71,<71 0,811 f69,df<
209 50 w w 111,024 1205'000 R22,Ori 0,065 SO.'I BEr102,737
10 RA02,757
-
g1r371) 57.311 {0,03
I. Firstfull y... OI plmt ap.ntlen 1990,
3. $2-193,000 pend fru+ • 30 rim at TO, b
aw (nrAt..m.
BENEFIT i0 COSI RATIO
4. u95r0M f, dad In pad orb for ea Anes Rosso. not 1.x11.6 /or LAsgcel mlleatlen bevA•
Ettimted At 10.004 Der k110Nstt hmr
• in of this eacatated at 4S per Year.
b. 130'000.0 InitlslO,x B R
2019 1.3111.0
unlaced a 4S par Year.
I F. Total of Colum 7x4,5, b 6.
209 t.5011.04)a,
Colum 7 dlVldrd by r.tlmtW awre9.
A anal Deo estfen of 3,$SO 000 tabs
9. Current me Na eas.btrd at a 3%
_ I per Year. 11... rate O.uS In 19M pcelatw to G $0.053)
a
' 10. @sad On Awrepr n,al pratattlen of 3,300,00 BREAK EVO SEAR
kM.
11. Interest from Otbt Iervtcr CG,..... at • race of n (for,.108x10 Iaals enlYl..
12 ?at.[ of Colum 10 am If.
1995 1.0011.0)
Il. 1ntaM M .Veal- Present wren of colu 12 Ca1AOM At TS Interest,
_ starting Ja,uaY 11
14. Coxa M equals present wnh of solum 7 taryted at n Interest,
1990.
Stating Jewry 1, 1990.
1S. Different. of Colum 13 .1. I4.
I
I
I ,
IEVENIIE/ESPFXSE 51J01A9Y
Trial naEer.9
FOR
Ems l.tlm at.,
•
IMA CITY, IW
P., Mthne:22
XMROEUCTBIC PROJECT
lad Rete DE
1
1
MALVILLE HILL DAN
I.. IaW
Hamh 9, 1907
ESTIMATED AVERAGE AYVIIAL PRmUCTION OF 3,Sw,000 LVN
I
J
1 2 7 4 S 6 7 0 1 9 10 11
I ESTIMATED DEBT
12 I 11 14 IS
I
EST.
MYWL I PoKR ANNUAL SERVICE
GEM• TOTAL =I I "CHASE MR
I Y[T
USABLE
PL. DEBT MS 11OIL. O,IW AXIIHL IAB I AB -IT OI"IT spry
YEM YR. SERVICE COV- COPTS
I OMIT '-tri SAVINGS
TOTAL I MESINT PRESENT MESENT
LASTS =IS MAN I PER SIM "Sit INTEREST
_
Y1YUf6,000 •" •$7.00 •210,00 •a=,= •$171,30
OMIT 1
..
i�r
1990
U.07 1 ".0D •/15,120Wf106,620
101 2 1216,00 - 'I"M6 U1,200 1261,256 so.an 00,"0
.....Impal" ..To
..
I. $176,411 5242,991 •"0.379
1 217,430 215,120
"02 ) $16.00 w 114,112 112,440 '262,50 -.013
tf",050 1 1165,997 1220,191 •162,194
1 -.OSI 11170.429 $19,720
1912 4 1316,0029 - $14,160 157,)52 12$3,912 ".OTS 1 U.OU 11101,997
'1M,54D 1 Ul1,0] 1214,)Z1 •'56.114
StS,120
190 5 1216,00 U $14,225 $35,0% $265,121 0.076
9197,117 1 2150,)" 1201,737 •SSD,%?
1�
I w.OSI SIS5,617 315.120
$20,)57 1 8147,137 Slap, 10 •W,03
i
1999 10 1216,Ow " 2U,SII U2,YTO $71,212 ".070 1 -.OLD '20,950 $15,120
5220,010 1 2111,077 010,557 •927,010
'fy
2003 IS 1216,00 - SI4,"S 251,932 f2S2,7T ".011 ",005 $226.291
!
t1S,tM
$341,411 I U7,493 f"2,401 •514,9"
I
I 209 20 U16,Ow SO SIS,IU 361,20 1294,307 U.064 1 -•071 5240,w 415,120
1264,963 1 0,472 3)6,055 •!1,701
1
2014 25 1216,000 " 313,40 576•%0 U%,301 -•OU 1 ".OA U7S,0L7 $15,120
5290,967 1 153,610 156,60 .U,195
�
2019 0 1216,00 - 115,715 fU,S" $325,2M w.P$3 1 ",%1 150{,557 1251,120
1$35,677 1 10,70 112,$31 527,70
_.
024 ]S SO " 316,$351113.020 1129,00 w.U71 MODAL $336,256 "
$376,2561 $31,495 112,161 $19,331
•
7029 40 w w 116,)50 11$3,192 3154,$30 10,04 1 ".1% $371,254 -
1171r25< 1 17,192 310,341 il<,<S2
•
"S1 45 w w 2I6,60Y 51",4% fID3,l$3 ".OSI 1 ".111 $30,094 "
120,504 1 $19,5 16 U,UT 510,60
J
2019 50 " w $17,024 3205,000 3222,04 t0•w 1 ",129 $352,556 -
$352,556 1 915,70 $7,517 57,026
I. First lull "or of plant aM stlm 1990.
I. U,216,000 bond film • 30 )ears at ON true Interest
BENEFIT TO =I RATIM
at..
A. 1216,000 tailed In bad sale for Iewrw IaW
•
out rWfrW for Cenral 0119etlm sen,..
5-
S. tstfmtM At "•004 Mr kl lmett hour • In
of this notleted At 4% Mr par,
b. 130,000.0 Initial 0,Y S R eeoel-ted At 45Mr
U19 0.12.1.00
_
Year.
7. Total 9f let. 1,4,5, sada.
2039 0.9131.00
I
0. Colum 7 divided by utIAmtw awra9e uveal paLCtln of 7,50,000 kM.
Current rate nes saedalM at at a qr per• (late Nte ".015 In IOU Moleohd to w 30.049) BREAK EVEN YEAR
10. IMM n -'-rape mewl pra $len of 3,50,00 kt6.
11, Int"W Irm Debt S'FMI-- CorenM at • rate of /i (for Iew,w Inde
12. Total of .1.. 10 aM 11.
MP 0.9L1.0
11. Iru- M epeMlt present earth Of Colum 12 t Mt 1 at FIX Inhreay artrrlrq JenNery I,
1D.
14. Cost, Ilr/
a
29.116 pnaene earth of rolum 7 Cotputul R TI Inbnrt, ebrtlry Jewry 1,
100.
IS. 011hrene el eelum Il Yl.ea ti.
J
I
AEVEMEMPEMSE SUW.4Y
Trial rudMr:10
f. 1216,00 luded In bard Pala for no,. latlt• not rayelred far Cenral 0119atin, Corolla.
1. Gtlwet" It ".BOL Illautt bow
IOI
INA
TWE
It • 305 el into PaCllated rt 4311 or.
d. "0.00.0 Initial 0,N B I PaPaIA[Ad at 4i
EPaalPaIO, rate.
ECIR,
MCOIDELECLE
Pow, PV,44Pau3%
COOLVI TIE Mill DAN
M LLPAN
IoM W.
Po
Mncb 9, 1Po/
Il, Int.rwt Ism D,bt ARM', CaerAOa at A nn of 7N
4waw faros
(Nor a. faM, arly).
12. total of Colum, 10 AM 11.
ESTIMATED AVERAGE "MILL PIIONKIION Or 7,500.000 t1nl
13. 1.. aw e9nII "..Rnt wrtb of when 12 corp,rCM At n Innrat Card, J,ru,ry 1, 190.
14. Cort$ FW eawla pra,wt wrtb of at. 7
1 2 l L 3 6 7 81 I 910
11
12 I Il If
IS
EST I
SUITED DEBT
1
MR
AYAWI TOTAL LOST I MINCMILE
SERVICE
MAN RESERVE RESERVE
I
NET
FL. DEBT SES E DEL. O,wA ANMML PER 1 "Bit
YEAR
CRED11 NSE
TOTAL I RESENT COS15
PRESENT
$IYIMNS
YR. SERVICE M. LASTS COSTS ORIS tlM PER 6M
I
T
COSTS INTEREST CREDIT
P1PaI1M1
A.....................A•w...•a�.a......�...
I MEN
1990 1 1216,000 w 314,00 00,00 820,000 0.074 1 0.01
1991 2 8216.00 0 $144056 Ut,100 $261,256 30.071
_
S17•S0 •115,120
_ _
••$IPoc630 �A•$I30,Po3 i2f2,991•^Pa2,01/
0.053
11392 31216,000 0 $14,112 Ui,<45 1262,50 30.0.91 I O.Ou
Stu ass 115,120
1189,171
11981,9911 $In,"207,191
•152,199
44 am 912 men
1993 4 3216,000
115,120
S195,052
110,491 1 f166,9n 8214,327
•147,10
lwf S
w I4,Zn 05, 005, 8265,121 0.06 j Was?
$15,120
n0,m7
820,01 $15,17
w56,Un I 215{,0222
•zis,ItV
1999 10 1216,000 U $14,512 62,700 073.212 30.071 0.061
1822,02 $IS,120
8245,001 1126,0812 f17,U7
•912,05
2001 15 1216,ow 0 Sl"m /51,932 00,917 ".wt i O.On
$169,997 1151120
$285,117
1 1101,140 1102,1811
Pass
00 7 $216,000 NO $15,10 361,71 1291,707 30.14 130,09
1313,001 $15,120
U7,121
I wf,791 826,055
All
2014 n 0416,00 0 215,407 06,90 awl w.B11 0.104
062,854 10,120
$377,9741
"9,"I 556,CO5
$12,06
2019 SO 014,00 10 515,710 03,50 wn,2n 10,011 all
1820,617$231,120
131,7671
15,621 142,731
142,80
2024 IS 30 0 $16,015 S113,e2e Smou 20.037 I 0.179
U,"S . 0
U57,05 I 145,04 112,10
$33,511
2029 40 30 0 $16,3581135,192 5154,1130 0.044 1 0.162
$50,314 0
1565.7141
U7,752 310,341
827,211
711 45 30 w 116,07 210,496 $IU,tU 30.091 MIS?
U55,351 0
155,5541 UI,w, 1,017
122,11
i0D 10 w w 117,0.11 8205,00 022,024 30..811 I 10.217
15,915 SO
fn9,nS I $21,"1 $7,337
$10,254
I, Fleet hal year of plan aprrrtlm 190
3. 82,216,00 bad IRA. • 30 pna at Po I. Intrrnt ata.
BENEFIT t0 [01 BASIN
f. 1216,00 luded In bard Pala for no,. latlt• not rayelred far Cenral 0119atin, Corolla.
1. Gtlwet" It ".BOL Illautt bow
It • 305 el into PaCllated rt 4311 or.
d. "0.00.0 Initial 0,N B I PaPaIA[Ad at 4i
209 0.954,0
Pr
T. Total of Colum 3,4,3r AM A. W,n
209 1,1011.0
e. COIMm 7 dl,(ded b7 Patixud Awra$a ..I pra6Melw of 5,50,000 IW.
9. Current nu Mu PaPatattd At at 3% For year. (I.,. at. %a."$ In 19M prolettw to b 30.0582
10. IPae6 on mAn9a oculi pro tlGn of 3,50,00 IM.
UEAE EVEN YEAR
Il, Int.rwt Ism D,bt ARM', CaerAOa at A nn of 7N
(Nor a. faM, arly).
12. total of Colum, 10 AM 11.
2014
13. 1.. aw e9nII "..Rnt wrtb of when 12 corp,rCM At n Innrat Card, J,ru,ry 1, 190.
14. Cort$ FW eawla pra,wt wrtb of at. 7
C,, Pa 7 Inurm, aClrtl, J." 1, ID90.
1s. DlffooMe al Colum U wf. 14.
to W
7
2N,
-I
g�
4SV IAJE/EXPENSE sueW1
..,
FOR
Trial rusts,[',
IOW CITY, low
hreletlar Was
MTO"ELECTNIC'ADVICE
Paws q,rthr..:A%
COPALVILLE MILL OM
Ban' Aa. ps
.-,
Noah 9, IP67
ESTIFATED AVERAGE AMNVAL
11 m BUN[
PNODRTJW Of 3,50,00
tYt
2 3 C S 6 ? 6
9
--
IC if
ESL I ESIINATO Oat
12 I 13 14 15
_-•
""I LEY. I TARS AYWL aNYI[E
TOTAL COST I PAICa6 POISON
PL. OEAi w$ S DEL. O.Nq 1LSLIYL
I YET
ANNAt ILN
YEARS no. SERVICE COV. COSTf COSTS I OUST "MIT FANO
•••••....u....... CYN I PER
I unit =To SAVn4S
TOTAL I aLSEYI PRESENT
XVN
••••• ......••••.......u..wPe.0 COili INTEREST
190 1 $216.000 w %14,00
•• ••••••••u•u••••••••••m..u.u....uu.omu....u.�.Tu...........
PR$1EN.
ISDIT I WIN
-
60,00
1991 2 $216,000 " 1,1,OS6 U,,zO [26000 w.WG I 60.01 110,50 515,10
061,06 0,025 I B.OU t .'.
1992 1 5216,000 w fl<,
40,620 I 6162,495 6242.99, •I55.4y
112 02,446 $15'10
1903 4 5216,000 w $14,10 tD,1<i
160.01 600,61) 615.120
,040 -146,481
f2U,9II ".OA
1904 S 1216,00 0 114,U$ $15,096 $265,12, 0.46 I %m, SW'6R its, 120
12/1.15) 11)6.122 1311,12) •35p,3µ
s x'162 2120,722
I ".02 f217r009 $15,40
,POST 10 SAM,= w $14.512
1201.31) •00,615
432.129 I 6163.505 $169.,10 .$a
$ l,µ6
AA211w 1213.212 ".46 I 0.025 f264,OM 315.1:0
t0U 15 4[610 60 w tl<,w3 $11,952 SZU'n1 0.01
$119,1$1 I $141.90! 6116,0) $1'Oi6
I 10.092 421,226 113,10
2009 IO 1216,00 w 315,10
f3Id,1<d I 3121,90) $1O2,tG $19,40
$0,254 126,101 ", au I w.ni
_
$190.62,
2$1< 25 416100 " 315,407 A6,90 310,3pT
ugr0q [104,901 216.055 126.$16
I
w,pm I ",176 023,493115,120
2019 30 1216'00 " $13,716 193,560 t12s,2m
U90,613 196,!95 156,605
I 115.50
I
. --
SO.Up! I 0.10 3516,310 S0t,f20
2026 l5 " w 116,03 atl1, 626 [129,60
00,610 110,359 542,131 µ1, 626
",
i 01 I 0.201 120,pµ w
209 40 b " 116,150 fadr<D2
i105,6µ l 545,924 $12,10 151,161
i -
1'$1,050 60.04 I. w.za
204 <s w " $I6,071f0,<o [10,10 USE
'USA >� 0 106.136 151,10 110,541 U6.6LS
0.,1.654
209 50 0 tIrU1,664 I 09.601 0.61? u,",
" w sv,u< 1ws,o" 14
..J
60.14 n,2alsm 0 11,261,50 u
I J,mz
�1
1, rine fell Yen
11511 4316{
I
al Plane apntlm [990,
!. gr216'Doo ben lues
I
. 30 pan at R tru Interest nn.
4. 1216100 funny In level sale lar Awuue
IFM[gT l0 "fi IAl10f
I
S, Est Intel a w.w{ hw,011 ' net requlrN for Lerenl 01lpstlm buns,
6. 0400.00 initial
I" of this nnlaua at CL
uuIUAOT
I
0,11 BXa t per per.
AN Par Year,
1. total of talvasu 3,4,5,
2019 1.10:1,0
J
b 6,
0. CBfunm 7 tllvldy IvY utlrety mn0a amu'
by
9. turrmt 6t W Ws[Im of 3,50,000
2019 1.33,1.0
vu I IW at a 43 lyi
10. BASIC, m "eros emu' Par Yur. fou mo toms In 190 pa3mtw so M ".0511
3rlu�llTl
-�
U. Interest hm oA.
pt orvlsa Cawtnps a
ULAN 1WN Ilq
•
sof
(for Rw
12. Total Of toluene 10 reel 1,. ar''s $Uel. UvlY).
0. Ira" 1Y/ BONN11 nem
14. Cott[ P t wrath a uhrn 12 "ISO a 7% Interest,
z01 1.0111.00
at.r,lq January Ir 100,
IS. D,fhr� R, o u ne13 1" of Colum 7 t ma"I at m ,.tares', stmt hp
ervice al solum IJ anus
+� I
arnrr
f4, Y Ir M.
I.
f
II
t�
.1
,I
MOO
g�
V
REWWE/EXPENSE SUBLUY Intl nrbr:12
1On hM.Ilm Toru
IMA CITY, 1014 Pae' PlrchnP5t
...ROELECTRIC PROJECT loci Rot. 9f
MALVILLE MILL 00 Bums Bade
Patch 9, 1967
ESTIMATED AVERAGE AIRLINE PRODUCT10M Of 3,500,000 4X47
1 2 3 t 5 6 7 6 9 t0 11 12 13 14 I5.
ESTIMATED DEBT
EST. MR AMMPL SERVICE NFT
ANNUAL GEN. TOTAL LOST "C"S1 scull AESEAW CREDIT =IS SAVINGS
PL. DEBT ADS A OIL 0,1154 ANNUAL PEI CREDIT OMIT flM TOTAL PRISIMT PRESENT PRESENT
w.
IS
IS
W PER
$ INTEREST
...R YR. SERVICE ..............................................5 ......n. n[YX COSI. .............AEnl..... MIX
..... .............
. o. S w m n I n • n. .. nn
1990 1 $216,000 0 514,000 $30,000 SZ60,000 $0.074 0.0S 51$2,SW 115,120 5207,620 $194,037 5242,991 •146,953
1991 2 1116,000 50 516,056 531,200 5261,256 10.075 50.056 5202,125 115,120 5217,245 2169,750 5226,191 •10,/41
1992 3 $216,000 0 $14,112 232,646 5262,560 MOPS MOST 5212,231 515,120 $227,351 5155,566 5214,327 •116,731
1993 4 $216,000 0 $14,10 91,744 5261,912 10.07 10.064 $2Z2,143 215,120 5237,961 1161,541 901.337 419,797
1994 5 1216,000 W 514,225 9S,096 5265,121 50.076 MOST $20,965 515,120 949,105 1177,996 2169,19 •511,562
1999 M $216,000 0 516,512 82,700 5275,212 50.076 10.0 5296,631 95,120 913,71 959,45 SI36,667 520,6011
2004 15 $216,000 $0 514,95 331,952 5262,77 50.061 $0.109 5361,117 515,120 13961257 3191622 51021460 81,136
2009 20 5216,000 $0 515,19 W3,Z0 1294,307 50.064 0.139 149,49 215,120 2505,556 5129,612 176,055 $51,556
2014 25 5216,000 0 $15,407 576,900 5306,107 W.CO W.177 020,92 215,120 395,952 1117,174 556,805 00,166
2019 30 $216,000 0 $15,716 191,560 1125,276 0.03 04.226 5792,336 2251,120 $1,02{,96 $134,451 02,731 591,720
2024 35 $0 0 $16,015 5111,626 5129,561 $0.037 0.269 S1,011o269 ' 0 51,011,269 $94,116 $12,10 02,555
Zan 40 0 0 516,356 5133,492 054,650 10.08 so. wo 51,20,05 0 $1,290,05 566,191 110,341 $n,650
2034 45 10 0 516,07 510,496 5165,10 10.053 MITI $1,647,251 SO 51,07,251 96,431 0,617 89,614
2039 50 50 20 217,024 5205,000 $222,024 $0.00 0.601 $2,102,357 M 12,102,157 571,19 9,517 163,633
1. first full pP of plan Iteration 1990. BENEFIT TO COST RATIO
3. 52,216,00 bid team • 30 "rte at 9S tem Interest rate.
4. 5216,000 ttrNOW In hard atl. far R.v.w. Nods• net rputre i for Control ODlIS.tton bad..
S. Estimated At 90.004 ter Nllw.tt hour • t0 of this .ecelatod at 45 ter Year. 2019 1.2711.00
6. $30,00.0 WHO O,M A A ac.leted .1 4%ter or. 209 1.6711.0
1. Total of colwc 3,4,5, .rd 6.
6. Colum 7 diVldW b/ Mlntol .wTeam u..I production of 3,50,00 M.
9. Current rate woo .Stlsted at .t 5% ter Year. (bea rate 20.05 In 190 projected 0 M 50.055) PMN EYP YEAR
10. bead on .Vona. ✓rsat prodctlon of 3,50,0001X.
11. Interest ff. Debt W,k. Cwers9. at . roe of TX (for ON. Innate only). 2003 1.0111.00
12. 10b1 of column 10 ted It.
13. 1. . M A at. prP.nt worth of Colum IZ Iaputed at 7% Interest, ebrtln9 Janur, 1, 1990.
14. CPU PMN .p,ole prnont worth of solum 7 co,puted at IN: Interest, .tertlrq J.w.rI 1, 1990.
15. Dlffmrc. of solum 13 of. 14.
3750,
N001
I REVENVEJ[IPENSE SLeMART
_
M
Trial nntrroll
IptA CI IY, 11A
EecmlatlM ret ea
N"ROELECIRIC PROJECT
P9Ntr PMNm:2i
COPALVILIE MILL DAN
I
Tad bb 51
NMCh 9, 1967
GMonl 1llutf,n lone,
ESTIMATED AVERAGE ANN11.1L PIMWT104 O7 3,:00,00 DVN
I 2 l { 5 6 7 6 1 9 10 11
12
13 1! Is
EST. I ESTIMATED DEBT
i
SERVICEI
ANNpIL GEN, TOTAL COST 1 MCMABSE MRL
NET
MISS',
Pt. DEBT Nos 3 DEL. CAR SURVIVAL PER 1 "Noir C0.EDIT
I
CREDIT =To LIVINGS
NNp
YEAR YR. SERVICE M. ,OSIS COSTS COSTS ANY PEA tlM 1ST(
IOGL
PRESENT
PINT PRESENT
INTEREST
..................................................
•••8•.'•"•oie .••"•OA9
CREDIT I
TWO
..........................................................3171,500
In' 2 SIw,A00 " 1114,056 131,200 (205,256
9171.50
ilw,2w 3190,04 330,]74
".0591 ".no $174,00 w
1992 ] 610,10 IO 31tr112 062,1'0 R06,Sw $0.0591 ",051 2178,429
it74,W01
f13Z,79131A,2" •526,'0
"
1993 4 S1w,000 50 311,'86 333,744 no? 912 30,059 1 u on i1e1,99T w
3176,1291
1A3,p5161w,wi .122,9A
199< s 610,2100 w 2421,213 61:,998 :299,313 ".2180 1 w.Dss 318:,07
BIDS."? 1
"Ia,EAS 31sa,613 •s19,m
_I
w
sms,wT 1
0632,137$'<v,zn •066,624
to :10,10 $o :24:12 uz,"D $zn,zrz 30.00 1 ".Ds9 :21,998
IS
w
21,998 1
311,'0 :060,80 •24,22
1
11999
20" 15 $160,000 " tR,S05 151,992 "i6,n7 SO-US 1 $0.065 326,291
J
"
11226,291 1
"2,018 "2,167 •3169
2009 20 IIw,01 w "5.103 30,20! SET 3O.n61 ",071 92<o,wJ "
f24P,811
364,36! 961:0 32,241
_
2014 23 " so $15,407 376,91 $92,307 30.0261 w,DW s2n,6A7 "
675,8471
$50,813 617,17 06J,8H
2019 3D w $0 f15,7le tu,5w NV,27e 30.0611 0.067 060G,SST
'
w
0606,5571
140,009 U4,116 325,633
I
2024 35 " " 316,011 9113.az8 fIW,6w 0.037 1 tO.M 836,256 "
$336,256
1
331,495 062.163 uo,331
zon 40 so s0 916,]" '138,492 "134.8" :0.04! 1 $0.106 $371,214 $0
0671,25! 1
$24,792 510,341 !14,/52
2011 <5 " $0 $161687 S168,196 $05,106 30.0531 f4V.894 "
3409,au
919,516 13,511 610,699
2039 so 10 t0 917,024 5203,000 s222,024 $0.00 1 t0.199 u52,556 to
2432,356 1
313,311
",537 i7, 26
i
1. Si,bt full Year of 1IM1 aperatlM IM.
]. 11,1001 bard Team • 20 Y••n rt sx trm 1m.art tee..
"WIT TO MST RATIOS
A.SO fuNd in bard "I' to''eNmw 1216121• not '80Th" for Genn) nllgetTM bade.
S.
J
Estimated at ".1! per NTINeat haw • 1n of thlee¢tlum Nt 4x Car Year.
6. 060,01.1 Initial O,N 3 I nedotM at !x pr year.
2099 0.9351.00
I
-
7. foul 9f column 3,1,5, And 6.
2039 1.1711,00
i
A. Colum 7 dWided by estlatw rvenge an tel praduetlM of 3,5",840 NN.
-�
9. Nnent rota Nn e¢eutel at at 2% Car Year. (I.e. ala ",1S In 19M prol.atw to M IO.n9)
lo' 3eaW
M 'VAT-1-ave9. Nmol PradctfM of 3.500,01 NW.
BREAK [Y[N YEAR
11, Interest from Debt unite CN.ra9e at a rate of ox (for IemeN Iada
only).
12. Total of <.tu 10 W 11.
202 1.0151.00
IJ. In'" M epylm W@"Tt North of alum 12 821024246 at 711 Interest, Starting Js",,F 1,
1!.
1990•
Jj
Cuts PW pruMt ,in OI Colum 7 oapwM Nt Fit Interests StrtJanuary I,
13. Dlllvrmc.
I
I.
IVO
wPIs
of of lun I3 a1m 14.
.13
N001
Y
371.
AEVFCE/ExvFxsE SWaARY
blit rackera4
BOA
tacel..lom rater
ICA CITY, IM
Patin Pu10.1e:3t
HYDROELECTRIC PROJECT
fad Rate St
CNALVILLE KILL OW
6nenl Onllpetlan fad.
a ... n 9, 1967
FSTINATEG AVERAGE WNNL PR=TIN Or 3,500,000 M
1 2 3 4 5 6 7
0 1 9 10 11
12 1
I
13 I< 15 i
I
ESTIXATED DEET
1
Iii.
I ICER
A10I SERVICE
I
f
YEi
WBT LEN. INTI
0041 I PURCesSE
PMA RESERVE
I
CREDIT COSTS SAVINGS '
PL. DEBT ,IOL 9 DEL. D.XW WYWI
PER I "EDIT
CREDIT FERRY
TOTAL I
PRESENT PRESENT PRFSENI
YEAR YR•SERVI•C••.m•• CS IS COS
......... • u. • u•
...•COSTS
M 1PER$IM
............TETE..
CSTIT
C 1
ltl1IN NOLK WIIIX
1990 1 SM"w 50 $14.000 130.000 229,000
00.056 1 00.051
...............................
1IT6,500 00
u mum• n•mnu
11761500 i 2I66,6R 1190,654 •$21,612
1991 2 !163,000 10 $14,06 01,200 2203,256
0.059 1 50.053
SI13.65S 50
3163,655 I
II63,SC f17D,2rD •316,693
1992 3 sim.ow 30 314,112 13!,446 {306,563
'.059 1 00.94
$169,371 w
1169,371 i
2154,563 910,614 414,032
IM 4 5163,000 00 414,166'3,744 $207,912
0.0591 50.006
2195.052 w
2195,0521
/20,692156,615 •49.611
1994 5 FI63.Ow 0 111,225 235.06 220,321
30.0601 0.057
$200,901 50
!200,9011
21gr2411349,2<S •00,002
1999 10 2100,000 10 514,512 002,700 2217,212
10.062 1 MOST
{232,902 50
$232,902 I
5116,396 S11D•430 $7,976
209 15 f163,0w f0 f14,63S 151,952 11226.757
$0.051 50.077
2269,997 50
2269.9971
{97,659 MITE/ {15,695 ,
200 20 1163,000 50 115,103 003,29 2216,307
w.C6 1 50.99
1313,001 50
'131001 1
MIMS 1611561 1119,302 1
2014 25 w 10 $15,407 176,900 $92,307
20.0261 10.19
$362,654 50
{362,6561
006,656 $17,07 89.96
0019 30 f0 t0 215,716 $93,563 2190,276
90.031 1 30.120
$420,647 w
w3o,d/7 1
$55.259 314,356 A .M
•
2024 35 w w f16,03S 1113,626 1129,661
40,97 1 50.119
W7,95 ' '
1417,95 1
145,67< 133,161 133,511
fo29 40 w SO 916,356 5110,/92 51$4,650
10.M 1 10.162
$565,314 w
3565,314 1
537,732 110,341 007,411
2034 43 20 w 116,07 1165,496 SIC,163
10.033 1 00.167
0055,354 50
2655.354 1
131,29 00,517 $22,366
2039 so 0 $0 S17,024 5205,000 $222.024
10.061 1 0.217
2S9r73s 0
2759,735 1
525,791 57,537 216.254
1. First lull Yeo of 91.nt Dpr.,oa T99O.
_
3. $2,000,000 Dad ❑ow • 2D Yur. es 51 tr,u In tont rate.
BENEFIT 10 COSI PAIi9
4. 10 fu,ded In band est. far Ann.0 Bad.• To, requlrM for Geomr.t ODI Ip.[Im bad,.
5. Eltfm'W .t 30.004 Far kilwatt Polar • 1N of thio nulesed .t 4t
Per Year.
6. $30,00.00 Initbl O,H 4 R ....tests at 4% For Yur.
2090 1.9}}.00
7. Total .I mlw 3,4,% Are 6,
2039 1.4321.00
6. Colum 7 divided b/ estlomted "rage .,,,Nj p,oa,KtIm of 3,S00ro00 kd,.
9. Current res.... ueata[ed .t 11 3% Per Year. Is... at. $0.95 In 1966
q.l. tw to N
10. 200 om Wes.9e e,n..l 9rakatlm of 3,500,000 kd,.
$0.0515
BRYAN EVEN YEAR
101,1111 from Dmt lervlce Conr.9e .t . at. of Ot (for Aevenr fad. mlY3.
209 I.00.00
i11.
12. Totes of nluml 10 am I1.
O. Imow M •9131. Present North of colum 12 cary9ud .t R Intara. t, $tartlom Jnu.ry 1,
1990.
16 Con. 955' put. Prnmt North of coltem 7 caKuted At R Interest, tirtl,p Juu.r, I,
1990.
15. ollf.ram. al alum Is of. 14.
371.
i
REVENUE/EYIEMSE 91aAAT
Trial nryrt15
f.
ICITINA
Nnbtlm ran,
RI
XORMRmLIPROJECT
YP-1 PwChm:4i
Ca
OVILIA MILL lll DAM
Vaal Rate 5%
_.,
Mer. 9, I98
C-1.1 Obltatim Rade
ESTIMATED AVERAGE AMw NU. PRODUCTION 01 3,500,000 nN
I 2 ] < S 6 ] 0 i 9 10
11 12 13 fi 15 I
1 1
FST. i ESTIMATED
DEBT i 1
_
{CBM ANNUAL
AMWAI OEM. TOTAL COST i PuRCALS MR
SERVICE
RESERVE i YET
IL. PENT Sof i PECO O,M[4 AYXWI PER i CREDIT tlED1T
t.q W.
VINIS
EDIT COSTS 1[S[MT ;
Illw TOBL i PRESENT
SERVICE M. w5I5 wSii wilf NX i PER RAN (05}5
PRESENT
IYi.Efi
we
IGVO •I •0 •q4•000 •430.000 •BMi.mO
tlE01T i IMIN 14TN IO1TN
slalom w.Ose x••0.033 e•$IB,Sm ....................
• ...f0 •elt8sm .•,fID,364 'ul],iw
IWI 2 {160,000 f0 $14,056 131,200 1205,256 0.059 i So.OSS 892,9M
S1M•a54
1992 3 Slalom w $14,112 :8,11a 2x06,560 w.oS9 i waw) tzw,63)
w $193,9x0 i {103004 $119,25 •80,55
$1a,6T
--f
1993 4 Slalom w 514,165 133,711 :x07,912 30,059 i w,0a 88,68
w tM0,81 i /163,59 •34,555
a /205,662
5 f1a,Om So O4,2M 85, Wa iz09dz1 SO.06D i w.CB 817,009
i 1159,18 110,515 {55
w 811.009 i 1131, 724 $I.,xp 15,451
1999 10 Sla,mo 0 114,512 342,700 1217,212 SO.W i Solari s264,02G
0 $264,024 i 4134,217 2110,420 121,29)
2006 is 110,00 $D WAS 151,952 8x6,]5) 0.85 i So.00z 821,x26
,
0 821,226 i 716,87 t8,167 $34,240 I
2009 20 slalom w IIS,t03 163,204 w3,307 9O.W i 10.112 890,81
w 890, 8I i 5100,55 8118 110,412
2014 25 T s0 135,407 1]6,900 193,107 $0.0x6 i 0,136 "75,193
w 3425,493 i 8),609 11].00/ SM,601
J
2010 30 w w 1151735 591, 50 1109,215 0,031 i 0.18 {SR,SIO
0 876,5 ��
IO i $D,n/ {14,356 t61,d4z
284 35 $0 0 1116, 05 2115, 85 $15,58 f0. m) i 0,201 1103,646
0
1
1103,646 i 85198 $12,163 $33,761
MM 40 t0 0 $16,355 313a,4n 2154,550 $0.031 i TOILS $106,366
0 186,336
I
i ssr,ta6 110,37 346,83
12034 45 t0 0 116,657 S18,496 9155,18 0.053 i 0.295 1,07,564
w S1,81,a64 09,07 0,617 340,7M
-
.
2039 SO w w 111,54 $205,00 3222,024 10.08 i So.xz 1,267,S8
BY ft,28,58 83,032 17,537 135,494
I. Etre loll Afar IT Plant Omr.tim 1990,
13.
8,000,000 pall I's- • 20 Year. at 5% 1" Inb.et rate.
BENEFIT TO MET U1101
4. 30 /o,dw In bard fab for a.,. Batla• hot rallwilad lar Cenral oblfgetlm tow,.
S. E0lnted At {0.034 Ber Yll.att Polo- • 1, If this ur.btaO. 42 par year.
6, tw,000.00 Initial O,N i R ...letM at Aipr yrsr.
200 1.180.00
1, total II Cllmns 3,4,5, nal 6.
2039 1.77.03
5, C'alum 7 dlvlded by .tlnnO average amyl pradstlm II 3,500,om kwh,
9. Currant rata we. nalattd et at 41 Der War' e n. $0.043 In 1966 pal-tM to 4 30.051)
Iuad m conga uncal Drodctlow a/ 3,5N,00 m,mD ken.
.EAC [KM IW
110.
Il. Intact flow palet $ervl. C..r.,. at •
nn If 03 (far bam,a Iona. onlYJ•
12. Total of .lama 10 aM 11.
1997 1.0111.00
I3. Inowe M Noah pnamt worth of Colum 12 Caroted . A lot er..1, .slue: JawrY 1, 1990,
11. Cas. NV epuls 05503$ worth 01 colon ) carted At n Int,rnt, stntlr9 Jewry 1, IgM.
15. Dlffarane of alum 13 nlw 14,
REVENUE/EXIEMSE SratuRY Trfel I•rtbn:16
FOR Eseslstfan INces
IOWA CITY. IWA /wer POah.1.0%
HYDROELECTRIC PROJECT Intl Ines 35
CORALVILLE HILL CAN 4ervnl Ob119.0. Intl•
Harsh 9, 1987
ESTIN<RD AVERAGE ANNUAL PRODUCTION Of 3,500,000 RNI
1 2 3 4 5 6 7 8 9 10 11 12 I 13 14 15
ESTIWTED DEBT
EST. I P(AA:R ANNUAL SERVICE MET
ANNUAL CER. TOTAL LOST I "CHAS MR RESEAVE CREDIT CMTS SAVINGS
PL. DEBT An B DEL. O,W ANNUAL PER OMIT CREDIT TANG TOTAL PRESENT PRESENT PRESENT
YEAR
SERVICE M. COSS .MIS CMTS IIVME.� PER W =13 INTEREST CREDIT I N...
N. MTN MTEEE
............................. ss•vmu s• vin vs••as mws mww s• • ses• mw
1990 1 1160,000 - 114,000 130,000 12O,W0 $0.0531 80.055 1192,500 0 $192,500 11M,W711W,654 •110, 1<8
1991 2 5160,000 0 514,056 531,200 5205,236 -.059 50.058 $202,ln AS $202,125 1176,544 5179,2!9 •12,ns
1992 3 11160,000 W 114,112 62,441 $206,560 W.O9 W.M1 1212,231 W 1212,231 1123124 668.614 141629
1993 4 t160,0o0 0 114,16E 16,744 $207,912 0.009 W.W 12!2,343 W 1222,643 1170,006 5158,615 111,391
1994 S 1160,000 0 114,225 115,096 12M,321 W.MO 1 60.067 1233,995 0 1213,955I 11166,8211 S149,243 517,585
1960 10 S160,ODU SO $14,512 $42,700 5217,212 -.002 W.MS tne.61 0 5298,631 list," SIIO.420 $41,3E9
1 2004 15 S10,000 No 64,BM 151,02 1226,757 1O.M51 W.IW 1391,137 0 Autos?I suva -2,1$7 tss,sSt
2009 20 110,00 0 215,103 561,200 1239,30' SO.06e 0.139 $466,438 W $400,436 1125,WS 161,56 564,122
2014 n 0 W 115,407 176,900 $92,307 0.026 W.1n 1620,02 - 5620,632 1114,300 S17,D07 f9/,300
2019 30 - 0 115,718 193,50 f1W,2YR ".031 I 0.226 SM,3s6 0 1792,356 5104,090 114,356 69,n4
2024 3S 0 W 116,035 5113,808 1129,003 W.O7 60.289 1,011,261 011,011,269 5941719 $12,10 W.555
2009 40 0 0 516,3SS 9138,492 51$4,8SO W,W 0.369 1,290,005 0 51,290,Ms I 500,191 110,341 f75,eso
2034 45 0 10 516,691 S1611,496 $185,16 O.OS3I 50.471 1,6U,n1 50 5.617,251 178,61 14,817 009,614
209 SO 0 0 117,024 WM,0o0 1222,024 10.003 I W.601 12,IU,357 W 12,102,357 171,310 $7,537 56,613
1. first full leer of Plant M,.tlom 1990. BENEFIT TO COT RATIO
3. 12,000,000 bond (nue • 20 TRAIN at SS true Interest rate.
4. 10 furled In Carst seta for R VHNH IordA• net required for General Wilpatlen 6aMs.
S. IstIN«d At 50.004 Per kilowatt bower • In of this esalstW At 43 Par year. 20M 1.33,1.00
6. 60,000.0 lnitlal O,N B R esesi Red at 4% Par year• 200 2.210.00
I. Total of Columns 3,4,5, ad 6.
B. Colum 7 divided by estleated awaraes smut padetlon of 3,500,000 WN.
9. Current rate vu nraletM B fit SS Par Tear. IBue rate SO,MS In 19M WolectM to b 10.0551 BRAC EVEN YEAR
10. 3 -led an AVoepe -1 Wodetlom of 3,500,000 kW.
11. Inns,, from Debt 4rVlre Cool.. at •INR of OR (far Be. BNtls mly)• 1993 1.0011.00
12. Total of celums 10 first It.
13. IncoeH M equfils Present worth of colu , 12 contoured at 7% Interest, stertbq Jewry I, 1990.
14. Certs M equals Present worth of Cohen 7 Soora W R R Interest, nocltq Jawoy 1, 1990.
15. WIN,.. of '.1. 13 of. 14.
3��
REVENUEIER9ENSE SIIY.IRY T1IAl m6rr:17
!� ISel.elm else
IM CITY, IMAIpwr
NYORDELIOLEIG LA[i
Cw<LVI LLE NllL OPurehsem2C
Iad R.IA 6SAN C-1.1 OEllSxtfen guests,N.r[h 9, 1901
ESTIMATED MARGE M-1. IRODUCtIGN Cr 1,500,000 m
I 1 2 3 4 5 6 1 p I 9 10 11 12
I 11 4 S
ESi. I ESTIX<iw DEBT I
RNeuAL GEN. TOtRL COSI I "cum [ w4SRt SERVICE RESERVE I YET
IL. 0[114 0)Y E DEL. O,IW "'I.L M I ..IT CREDIT {11101 70TRI I PRESENT NEIT ARBY IIESENT
TIS UYIIGI
Lx4 Y.. SERVICE COV....�..E........EDE...n...IS w. is ...v..l PER m..=e...o....u..IS T....U.IEEDIT i....L...•....u..uL, ,TH..
TWO ,•1 •$174,000 " SI"OGG {10,000 81p,wo w.µ2 I ',049 {1)11,3" " µ71,l0) I $30),50) 801,06 •µ7,45p
IWI : firi,000 w $14,056 $31.20) f21P,D6 '.013 '.050 $174,00 w $174,00 I 1132,7911191,5D7 •µ3,716
19112 l t?4,Ow ' '40112 @oµ3 R20,Sw $0.065 I ".OSI 111711,429 w 51",429 5145,6$1 EI',045 .134,19E
103 4 $174,00) w 515,3' /]),744 f2269u 0).061 w.osz Slal'"7 w 41111,0).1 f138.6tS.$169.296 •130.451
19vt 5 1174,0)0 to '4.115 $35.096 $x27,121 ".051 $0.01 S16s,'7 90 $10,07 I $132.157 1159,30 •226,6611
T90 fa $tµ,0)0 w {14,512 µi,700 $D1,212 '.066 w.OSv $2µ,958 w µµ,0p I 41µ,l" 3117,576 •4D,3µ
i 2004 IS 3V4,00) w µ4,w5 $51,952 840,/5] w,µ9 S0.µ5 1226,291 " 1226,391 I "zo01p 0)7,261 •53,141
2009 20 0)74,0' w 515,103 463,iµ (152,707 10.0721 ".071 849,1113 w 819,543 16t,564 0)5,201 •5"7
2014 25 t0 t0 215,407 276,"0 82o"r ".02611 0),079 8D,µ7 GO 8D.µ711 350.1155 "?'GA'
01617
2019 7O w w 515,718 $91,5' µ09,27p 0).011 0).067 $3µ,5S7 w 1304,557 I µOo'9 114,356 85,617
2024 75 w $0 816,035 S113,Bp $129.661 30.0111 0).0" 5336,256 ' w 1376,256 I $11,40 f12,10 $19,111
2029 40 20 w $16,356 $113,/92 $151,850 '.µ1I SO -IN $7]1,254 f0 $171,254 124.792 $10,741 µ4,452
2014 15 w GO 516"'? 31611.196 t185,1µ $0.053 0.117 µ09,11µ w µ09•p94 I 119•S16 ",617 310,699
2039 50 $o to f17,024 22OS,Ow 5232,024 '.0' I w.?9 1452,5S6 w µ52,356 {15,161 $7,571 8oµ6
1. Flet full "or of plmt opntlm 190).
7. Si,00),0" land bele • 20 Per. At 6% 1" Inose$ refs.
IlY[flT i0 wit µ110f
4. w fWed In 6nrd W. for b.Mxw IONS. mt fpuf,W fee 0srsn1 [0115µ1m bow.
S. Ittlrutnt At 10.004 Der kllwµt hwr
• IOC Of this seelµW 51 41 per Per.
d. 130,00.0 "It"' OoN S N --meted .t 4C11
2009 0.6741.00
Ye.r.
7. lRtel of clava 7,4,5, W 6.
2059 1.11$$1.00
6. Colum 7dlvldnd In, eetfntW --"I- An Aut prodctf. Rf 3,Sw,0)0 kuh.
9. Curren see un ...d51W At AS D per per. (.... see 40.µS In 19' pr.Ieetw to W $0.040
10. SUW m weeµ. seem predctlm of 1,50),00) ".
ASIA( EVEN YEAR
II. Interest hm Debt µ.. les CR.*re9* At
s et. of SA (for Rwmw Sane MIT).
12. TRIAL of .alum. ID W 11.
2019 1.01:1.00
11. In.mn M *pule Present North Of Boli tl 12 nmWted .t 11 Interne, I.rlf, I.ruee I, M.
% Cone MN equal. pr..mt uorth of Blum 7 emptied AS 73 fntmsee, 51st Oc J.ruA,
115. DifHerce of slum I3.Sew 14.
��s
37s
AMM/EXPENSE SONNA T
Trial rnn6art"
IM
Gcdarlon stew
ICUk CITY, IOLA
Pww Pwehsso:31
_..
HYDROELECTRIC PROJECT
lad bto
61
CDIALVILLE MILL DAN
..,.I OID ".1Im tads
March 9, 1987
ESIINAIO AVERAGE APPALL PRODUCTION Or 3,50,00 WN
1 2 3 4 S 6 7
a 9
10
11
12
13 114
15
-
ESTIMATED
DEBT
EST.
PEER
ANMWL
SERVICE
NET
ANNUAL LER. TOTAL
COST MLCMASE
MR
MESERVE
CREDIT COSTS
SAVINGS
PL. DEBT 05 1 DEL. O,MM AIIYLL
PEA CREDIT
OMIT
015
TOTAL
PAESENI PRESENT
PRESE41
YEAR 1R. SERVICE M. COSTS MSI$ =13
W PER RUNS
M$TS
111711131
MOST
WITH WIN
WTN
ou voou.vu.u�uvvoRuumunm�m�
uvu �� man
80.031
ouvu nuRm.gvummuuu�umumv.muvn
i
1990 1 93i<,OM w 8{,000 810,000 Bfar015
0.00
93n,515
9
1178,X15
1166,822 5201,7341
•136,916
�J
1991 2 $174,000 SO 314,056 931,200 $219,256
60.015 $0.053
/115,855
w
11115.155
1160.586 5191,507
•830,92,
1992 3 11174,000 $0 914,112 152,448 SUO,5O
$0.1163 9.054
9189,371
9
9139,371
SM4,SW 159,043
•225,40
^�
1993 { 1174,00 60 114,1611 931,79 $221,912
1994 5 3174,150 N 514,225 155,096 $20,321
W.m 15.056
15.064 $0.057
11195.012
1200,903
w
0
1195.072
120,903 I
1148,804 2169,296
3143,241 1159,225
•60,492
•115.90
1909 10 {174,000 0 $14,512 142,700 1231.212
15.066 w.M7
27321902
w
1712,"2
f,1a,396 1111,536
959
W
2004 15 1174,000 0 1114,95 151,952 1240,757
WORD O.0"
t269,Wi
0
SSE9,W7
8971939 SLETIM
110,593
2009 20 117<.015 110 115,103 161,204 1252,701
w.on 15.039
1513,001
w
1513,001
150,865 263,201
115,693
2014 D As 0 $15,407 176,"0 $W,307
",026 9.104
1162,654
9
9362,854
B66,a56 117,007
149.643
2019 30 SO
so 415.718 891,50 S10D,273
$0.031 10.120
920,647
w
920,64
$55,219 914,356
90,99
2024 35 0 SO 316,035 $113,828 $1E9,W
0.037 15.139
MBi,9S
0
9!17,645 I
95,674 812,10
133,511
�7
i
2029 40 0 SO 916.35a 5138,492 9154,350
14.044 w. tat
3565,314
w
$565,314
{37,752 310,341
127,411
.
2034 45 so $0 116,07 1163.46 1115,193
110.053 0.131
1655,354
0
1555,354
131.29 0,817
822,366
2039 50 $0 0 97,034 603,00 {222,024
90.015 $0,217
17S9,n5
0
1759, n5
{25,791 11,531
615,2S4
.
L Pint full Year o/ plant operation 1900.
BENEFIT TO MSI RATIOS
._
3. 6,00,015 Dard Issue • 20 non at 61 true Innrsst ata.
-
4. 110 h7drd In bond W. lar R. lade net requbM lar Le,anl Obligation porde.
S. Esti.tW at 60.004 per kll.,t haw • In of this sscalated at 4% per par.
7009 0.9611.00
6. 33p.150A0 Initial 0•M 3 I escalstw at 4% per Yost.
2039 1.1511.00
T. Total of column 3,4,5, ab 6.
B. Colum 7 divided by unstated awre9r gnveal proittion of 3,515,000 M.
9. Current at.... HeOw d at at 31 per yo.'. 1bu rata SO."$ In 190 Gro7wtW to G
MASS
MEAL [YEN
YEAR
_ .
I ,0. 1nm
w on mnpe aid p od,ctlon 515
of 5,,0Nr
15 .
11. Interest from Debt Strvin Cmanp at s at. of 01 (far 1. Rada mlY)•
7010 1.15{1.00
12. Total of Mlume 10 aM 11.
13. Inn,, M squab prefmt Nanh of cola, 12 co µtw at n Intwe't, start IN
JAAery
1, 1990.
14. Conn aw e9,ab prasmt wrth of n1On1 7 emluted at n Inbn.1, Snrtln9 J., 1,
19".
13. Differ.. of Colum 13 of. 14.
37s
ii
3�s
REV[Nh/EAPfNSE NMA4T
Trial nubsr09
TW
E[Ctl•tlm rates
TWA CITY, IOU
P., PwNnr.K
NYDROFLECIRIC PROJECT
I9rG Iua 6S
COUIVILLE WILL DAX
Dennl IbUprtim 11a,da
KA,Ch 9, 198)
ESTIMATED AVEIACE ANNUAL PIW TlCw Of 3,500,00 m
10
1 2 l f S 6 7F10.0s?
11 12 I 13 f S
FSTAELL OLBTANNUL
LST.
CEN. TOTALW PWIEML
RESERVE NEf
PL. DEBT e09 B DEL. DIPOLE ANNULwli 0301]
TEAR
TDNO I CREDIT [OSIS GVIwSTOTAL I PRESENT
::.SE4VICf CM. LASTS POSTS 13iS111N COSTS
PRESENT ,,Sl,t
IytPE51
gE01iI d1IN "IN MTNm
11145017e5,500
1991 2 $174,00 w $14,056 911,200 $219", t192,9z!192,9201
vvovmm•vumo•o•.o53
I f1n,36t STU,7" •,UO•»<
.005
3 $1)4,00 s0 214,112 S32,fitl 220,50,0) 3200,0)
1110504191,50 •fU,OOS1992
1991 f i17<,00 0 11114,10 143,1K ST21,9I2 91,0" I 0,060 STOe,662
w 3200,637 I $10,779 310,03 •316,20
1994 S 111)4,00 w 914,225 143,0" 1120,321 1.OG 1 1,12 1217,009
w u0,60I $159,187 1110,2" •110,108
w . 11217,00 I 11S4,n4 I159,2n •u,501
1999 IO 2174,00 w SUIS12 142,700 /131,212 0.06 I 0.035 1264,024
w
STm,04 I $1341217 ELITISM 1116,m0
1014 15 31u,M0 0 S1f,w5 S5t,n2 3240,75) 30.069 1 14.02 U21,226
0 3321,2" I 3116,427 "),"1 MITI,
209 20 1174,00 w 915,103 30,204 Iss2,307 w.OR I 0.114 U0,e21
w 140,01
I 1100,975 "5,201 035,795
SOI! 35 10 0 115,40) 796,900 f92,30 0.426 ] M,136 u7,,493
1 1751493 I 1471609 11),07 $70,02 i
2019 30 w w 915,718 $U,Sw $10,275 0.031 I 0.10 35]8,510
0 SS76,SIO
I an'"? 11413S6 1611612 1,
• i 2024 35 w w 916,145 fitl,"e 9129,80 0.037 ] 0.201 SM3oW
w IwI, 616 I "51924 1112,10 $53,761
EOSv 110 1 110 116,30 21311,492 1154,00 0.014 I 91.245 3146,10
NO "36,336 I IA,I" 110,161 146,165 ' I
2034 45 EO 0 3161"7 310.196 slatow 0.033 ] 0.29e 1,01,"4
w 111,01,614 I 149,0/ ",8V 160,70
2039 50 $0 $0 117,024 3205,00 $222,024 BESIDES I 0.362 1,26750
w 16,267,5" I U3,032
.•
17,537 145,494
I. flnt roll yur 01 I1Nnt 9pantlm 11990.
3. STOICISM bond INS. • 20 Ys.G at 65 tr[N Inunit nn.
IENLfIT t0 [OST RATIOS
4. 0 fudad In bond W. ter st w lards• FOR rsq.,f,W for uONul 011Gt1m berda.
s. GIWtM at 0,004 TNr Nllwatt hen, • 0i of this "Watod at 45 Pr "Sr.
6. $30,00.0 fnitlal O,W 6 A ....laud at 41 Wr
09 2 1.10.1,00
Yrar.
7. Tate! Of MI- MIS, W 6.
2039 1.67[1.0
e. COtw 7 6IVIDtOl by Gtlrtsd f,anps until TVOOctlm of 3,50,000 k M,
9. Current rate was 1111610 at At 45 Tyr Yate. Pus rats 0,05 in 1B" to
9POIKte6
10, IUM m atrr.G usual moo ctlm 3,SM,00
to BUSS) ]IGC [NN YEAR
of IN.
11. Inurut fr9a Ubt tuvlls Cmr., at •rats Of OR Lfar4aranN IO o, mty,
12. Tout of Cel. 10 " 11.
2001 1.00.0
0. 1rcw PW tOnls lxnant „Orth of ,Jen 12 CC,,A,,gO at n Inurut, mrtln9 Lmary 1, 190.
Iia. Com M OPJN1s prasnt nrth Of COlum 7 Cmp lod at n Inurut, surtim JorvNry I, 1990.
1S. Dl llusrcs Of Colum 13 .1. If.
I
i
3�s
-I
AEWAUE/EXPENSE $MANY
Trial rmer:20
-
FOR
Eantation rates
jTWA
CITY, Its
Pour W.hesn511
NYDRMLECtRIC PROSECT
lad R.t. 10
j
CMALVILLE MILL OM
Cenral 01,419atim Inds
March 9, 1967
ESTIMATED AVERAGE ANNUAL PR00DCIIM OF 3,500,000 NVN
1 2 3 4 5 6 7 6 9 10
11 12 13 IL 15
ESTIMATED
DEBT
EST. MR AMMML
SERVICR NET
AXM41L DEN. TOTAL =7 SMCM MR
RESERVE "MIT OSIS "VINs
Pt. DEBT ADS I DEL. O,MR "MILL PER "WIT counn
fO.T TOTAL PRESENT PRESENT PAESENI
YEAR YR. Lavin M. =72 LASTS CMTS LAN PER NVN $0119
INTEREST CREDIT =IN MTN MIX
,1
.................. nmam riser a vm r vu•
muuua• o • ••r rrrm•u......u•
r• r• ur•
nvm•••a•• nm m u
J900
1 t174,000 w 614,oM 130,000 wte,ow w.Mz 00.055 13 92,500
,3
w ,39:,500111791907 ,•Sa,vt
174
1991 :1,000 w 514,056 151.200 3249,256 0.00 w.as+ 4M,tn
0 4202,113 31]6,532 3191,S07 •"<,90
1992 3 61741000 w 5191112 532,446 5220,50 00.061 00.061 5212,231
0 412,21f STn,244 6110,043 •00,799
1991 4 5174,000 60 $14,166 533,744 5221,912 0.063 $0.0" 5222,643
w +222,643 $10,06 $169,296 57t0
1996 5 5174,000 0 +141225 .35,096 3225,321 w.0" 00.067 5233,965
0 .233,40s siuma sis9,2n 57,003
1999 10 SI74,000 NO $14,512 "2,nO 211,212 50.066 0.0S 3296,01
I
w 3296,91 +151,609 11117,536 134,272
�•
r•
z004 IS 6174,000 w $16,05 .51,952 S240,n7 00.069 0.109 $361,137
all 1361,137 5136,14 W7,261 SS0,610
J2009
20 91746000 0 1IS,1a3 563,2M Sn2,307 won 0.139 "66,96
w 6466,00 5125,705 "5,201 "0,5"
2014 25 w 0 115,407 576,90 $91,307 $0.026 0.177 "20,632
0 $40,02 $114,30 t17,0O7 697,00
2019 30 0 0 $/5,716 003,50 510,213 FAA= 0.226 3292.356
w $7921356 fIM,090 4141356 $09,732
' 2024 35 0 0 616,03S $113,26 sin,01 0.07 $0.269 1,011,269
- w 21,011,269 194,716 512,10 $62,555
^�
2029 40 0 0 $16,353$136,492 $134,650 W.0" 00.369 1,20,665
0.1,200,665 40,191 $Io,SAI 513,650
204 45 $0 0 $16,07510,06 .1+5,10 0.0$3 0.47 I,"7,n1
0.I,"7,251 50,91 0,617 +69,614
-1
209 30 10 0 "7,0243205,004 t222,024 50.09 0.01 2,102,357
004,102,357 $/1,30 17,537 50,03
_
1. First 0,11 War of 91st opnLlm 190.
BENEFIT 10 0034 g11M
1. 12,000,000 bad luv • 20 years at 6% trM Inbna nn.
'
A. SO fuWd In bad uta ler I- Saha• rat TWINS far Deseret Mitsui. IvNr.
•
L DRtl-10 at Most pr klbe"t hour • IM at this .,,.I,W at AS pr War.
2009 1.25s1.0
6. $30,000.00 Initial O,M 5 R ese.l.AW at AS Per year.
2039 2.1051.00
7. ?-let of 101. 3,4,5, .rd 6,
j
6. calm 7 61vi6e6 by e.tlauLW mra0e amort podctla, of 3,50,00 ken.
9. Currant rate n. ucaletad at at 5% pr W.r. (1... p.. w."S In 19M p.j.tW to b 0.055) BIDS [YEN 1"R
y
10. DRAW an .00139. rami V.6,ulcn al 3,500,00 ka0.
It. Interest frog Debt Service car.F.9e .t . rue of M (for IaO.w Sad. mlW
1997 1.Ohl.0o
12. Total of talismt t0 aW 11.
1
13. Ire- PVV Stab puent urth of --lura 12 earyuted at n Interest, Meting
J., 1, 4990.
U. Ca111 PW .put. Present .,in at at. 7cmestw at n Inbre.t, st.,ti, A.., 1, Ino.
-
I 15. Oltbrene. of Lalun 13 .1. 14.
J
i
REVEMME/ENPEMSE TAMANY
FOR
IrIAI FaN*Ar,21
IWA CITY, IOW
Gnlalan "AN
NYOROLECIRIC $1,111
PO 1 Parck.... 2%
wt.1LV. MILLDAM
TOWN 91 1917
fond 4RN 73
e -1.t Col 1,11 n Ird.
ESTIMATED AVERAGE ANNM.AL PROMOTION Or 3,500,0,
At,
I 2 3 { S d 7 e 1 v t0
11 I ESTIMATED DEBT 12 I O IL is
ESL IOKR ""I IS,"
AEST 4FN. 10141 I NET
PL. ,f9i ADS F OFT. ,,1W Et1ST 1/0/0111 WAIS NEfE4VE
YEARTo. SERVICE CO. COSTS ANwSL 012 I CREDIT CREDIT 71N0 I RESENT C,If PRESENT
C... .Cfif N I PER ANN =IS INTEREST CREDIT I PRESENT 0ORIN PRESENT
...............................sla9,00o .........1 ..... ................ ................................I WIN WIN NOR to
100 AD st<,o, 910,0, 10)00,0 30.'7 1 30.,17 $171,:0, n••••••"••n••••••••••••
IiptW2 2 0 $14,056 Ul,2w SU4,256 30.071 0.,0 SnC,93o BE $171,500 sima, 1217,757 •:5/,177
102 3 $199,000 w S14,112 02,44a 105,SM w.,, 1 30.051 1177,40 $174,00 2132m112"c.60e •151,$10
103 4 $189,a, w 514,10 U3,7u $,600912 30.061 I 0. Est 9171.07 w '173,40 $145,651 S192.2er •146, aJ6
1904 s 5189,0, 30 f14,225 919,,6 t236szt 0.00 1 10.00 5195,07 0 S1U,0) 151]9,12: 9110.739 •u1,aw
Not $185,07 St32,357 5169,920 •07,50
1999 10 SIw,O, 30 &141512 122,7130 1246,212 0.00 1 10.09 12,,95a w 1204,"6 1 004,190 5123,112 •...911
20U 15 f189,000 w $74,ws 351.902 ws,n7 30.0$1 � 0.05 1226,291 t0 $2261291 1 MAIN 10.611 •210,W
200 20 slag,,, 10 S,a,1, :0'604 5267,307 10.076 30.01 12W,u3 w 120,1211 164,16< UO,O7r •129$1
2014 25 w 0 515,407 476,900 &OZ,3, 10.0261 10.00 12$1,127 .w s2n,u7I Stoma $17,007 U3,e17
N24 HIP30 w w 515,719 191:10 900,1$1 0.01 10.07 q,,317 w SI,,Ssr 1 120,009 214.356 $25,653
' z< 75 30 30 816.05 &111,12a 029,03 to.,7l s0.m 036,256 ' w :336'256 1 U' -A, SMILE $19,331
' E00 w 0 f0 116, la 1139.492 5154,850 W.,, 1 30.106 071,254 N St711254 &:<,nz :101541 214,452
204 AS 0 w 1116.6er 1165"m $10,10 0.0531 10.117 BE, ,7u 0 u,,w41 319,516 U,e17 110,60
2039 50 50 f0 '17.024120),0, 5222.024 W.063 1 30.10 u52,556 0 1 1252::0 1 $1:1563 12,537 17,910
L Fl -I lull ri.r at 0173[ apntlm 1990.
1. 12, OOo.00 bond 1-1127 • 20 rior. AT FT tM Intrr.rt FAIR.
6 10 ("FIME In bad ul. for A. a 9ono.• mt r.eplr.G for 1.r.( ,119AIIm baM..
S. Estfatw At s0.,5 PAY klla.0 kay. • t, 01 W. ueAIRtM At is pr TN.,
d. UO,000.w Initl.l O,N 4 a 1...1.1.E at 4% per "Or.
7, total AT WIRru 3 4,5, Std 6.
7. Colum 7 dfNldrd by IRtIMNtW r.t.. t pradAatlm of 3,500.0, IJ1,
9. Cur.mt FAIR WR unblM R
at
2%
pr Y"'. (I ...
..f. $0.US In 190 pml.cean to b 10.049)
10. I...d an Rr.rp..mul praduatlm of 3,500,0, kY.
11. Total AT f'. 0.bt hrvlc. Cov.
12. I9nl a1 .0112$1. 10r.94 At R FAIR of ORo
lfor I.rr,a 9126. mlp.
17. 173.017 PW "IN FM ..nt MortN RFa-IO 12 100 n 12136 at Int.r..t..t.,IIN J.nu.ry I, 1990.
IL COAIR WV 7001- pFA.mt Nartb of solum 7 aoRuted rt R InBrRAI, AIutl,p Lnury I, 100,
i 11. 01IIo.rcR of colon 17 -l" 14,
BENEFIT 10 LD1 all,
0, 0.1211.00
2039 1.0311.00
SNEAK [YEN YEAR
2026 1.0011.00
W,
REVENUE/FUENSE AWARI
TINT nroer:22
IM
Emtl.tlon nn.
IONA CITY, TWA
Ioutr Iurcb..'I%
XIOACELFCIRIC PROJECT
$ora Rote A
I
COULVILLE KILL OAK
G.rol 0Dl19.tion lora.
i J
K.rah 9, 1987
[STUATED AVERAGE AR"L paoscTIW Or 3,500.0001L'11
I
1
S 6 7 6 1 9 10 11
12 I.
i
111 fi 15
DEBT
I
I
iESISM7EO
--.
EST. I MR AMNWL SERVICE
COSI I POACUSE MR RESERVE
I
I
NET
OMIT CODS SAVINGS
ANNUAL ON. TOTAL
O,KAR ANVA L PER I CREDIT UGIT I13N0
TOTAL 1
PRESENT PRESENT PRESENT 1
9L. DEBT ADS I OIL.
SERVICE W. COSTS COSTS COSTS %I:N 1 PER lVN [011111 INTEREST
p..IT
..TN 1...•..• ,
TUR R.
......•.............................. ............... ...n.............................1•
GOO 4
I
sm'
so 73a0
ss=12� n
.022
II
a Su'ONNO SO
,t 2 w mr 1 20,054 ssev,
S1091371
50 2117 ,704
+31,936
m
t"I 3 tlev,a60
ft<,168 x11,733 $236,912 W.M I SO.056 4195,052 0
st95,052 I
SIt3,US !160,739
s�I
1993 L fIDv,000 f0 w
4189,000 0 f14,ns 135,096 maxi 10.066 I 10-57 4200.903
1z0o,9m I
sta t !
r,
199A S
SAi,TO 520,212 10.010 I Sam? 5232,902 0
$D2.902 I
1118,396 1125,162 •46.766
��
1999 10 i1S9,00 0. 114,512
$S1,952 5255.757 ".On I 10.077 1269,99'/ 0
1269,997 I
197.859 f94698 $5,161
30W. 15 $149,000 0 04.so,
20 2189,000 0 115.10 t63,20< 4261,307 0.076 1 40.089 4311,001 0
$313,001 I
SIGNS 469.07! 411,608 j
J
2009
110.026 I 0.104 4362,854 0
062,854 I
566.856 117,09 249.98
201- 25 W 0 S1S,49 96,90$92,307
2019 30 t0 0 S1S,718 593,560 410,2111 TO= I 50.120 SA0,6G7 0
SA20,6AT I
155,259 41/,356 540,904
f0 0 $16.015 013,826 0t9,eN 0.07 I 30.119 mums 10
4487.05 I
S45.674 $12,10 133,511
2024 35
2154,850 STOICAL I 10.162 $565,314 0
$565,314 I
237,732 $10,341 127,01
2029 40 SO 50 $16,355 $19,492
3185,183 $0.051 I 50.181 1655,354 0
$655,354 1
131,204 0,84 121,786
MR LS 0 0 316,687 4165,196
50 0 571.026 5205,00 [222,•24 $0.063 1 30.217 9759,735 SO
I
$759,735 1
SZS,ni 9,577 68,254
_
2019 So
I
1
$fNEfIT IO COSI RATIOS
.
I. Sint full V.or of 0petlen 1990-
r.p.n
3. o,,0o0 W.. - or rt A tru. Inures! oft.
00
for ttn.nl OOl l9alar bord.,
-1
L. lud.a Inn baord sob for Rover+ l -ds• not rowlr.a
W to
tp9 0.9211.00
I
S. e.tfn,,W of 10.004 pr klloo.tt hour • 10% of this nubUd .t 4% pe per.
2039 1.2811.00
6. $30,000.00 InstlLL O,K t R UubtN of 4% Per Year.
1. Toni of ca $Ino 3,4.S, W 6.
-
I
8, [alum 7 dlvldM D1 ... Iwua mtU90 on•ul pra0uetfan of 3.500 ,000 kNh.
$0.045 in 1986 Drelnnd to Do 0.051)
IA[AK EVEN IW
V. Current nu N.+ nnbud .t of 31 For par. (ISA. r.tt
10. 0.b on........rNo 1 pfOAYafor el 3,50,000 kW.
0% tier R.Vd.M Sorel. only).
2013 1.00:1,00
17. Intent fret DAY Smvfc. Cevor.p of . rot. of
It. TaUI of [-lams 10"11.
of alum 12 co.p,,nG of A fnurusanrtr1iming J. " 1191
13. won, PW egnb prnmt .,to
of c.1. T co puted u A Innrnt,
14. Cent PLV .9u.ls pn..ne North
13. 011br.. of Colum 13 1- 14.
J
i
REVENUE/EXPENSE SUMMARY
Trial nn6er:0
FISH
ESnSell. rata
IONS CITY, IOW
Pen, Furth ... v45
HYDROELECTRIC PROJECT
Gerd Tete 7S
CCRSLVILLE HILL DAN
General Cbli9.tim sheds
March 9, 1917
0 0 &16,661
ESTIMATED AVINAGE ANNUAL PAmtICTION OF 3,500,000 RVR
5165,10
1 2 3 4 5 6 7 a ! 9 10 11 12 ! 13 14 15
. ! ESTIMATED DEBT
EST. ! MR ANNUAL SERVICE ! NET
ANNUAL afm. TOTAL COST ! "CHASE MR RESERVE ! CREDIT [OSIS SAVINGS
PL. DEBT AOS S OIL. O,N1R ANNUAL PER ! CREDIt unit Flown TOTAL ! PRESENT PRESENT PRESENT
CE
STS COSTS
IE.14 CRCa.5..................
....! .E...W ...To ...................ST .........' MONTH.......NTN ..... ...,....
IN
........................................................ E ...... !... ....
190 1 $169,000 0 $14,000 uo,0aa 5233,000 10.067 w.053 5165,500 0 Sin'sa0 5173,364 5211,757 -W.393
1991 2 IIap,00 W ST4,0S6 01,200 x234,256 0.061 ! 0.055 stu,920 0 $192,920 5166,504 s2o4,606 •536,10[
1992 3 5169,000 0 $14,112 132,446 SZ3S,s60 0.0$1 ! 50.057 u0,07 0 $200,07 51631739 1192,267 •521,506
1993 4 Siag,a0 0 514,166 &0,744 486,912 0.o0 ! 0.00 5206,652 0 $206,662 ! 5159,163 S16o,739 •521,552
1994 S $169,000 $0 $14,225 05,096 5236,321 0.06E ! 0.062 s2IT,009 0 $217,009 5154,724 5169,920 615,195
1999 10 11169,000 0 04,512 642,700 5246,212 x0.00 ! 0.08 5264,024 0 5264,024 $134,21? $16,162 $9,055
204 15 $159,000 0 114,05 SS1,9S2 5255,757 0.073.1 0.092 021,226 0 021,226 ! 1116,427 592,696 527,729
2009 20 $169,000 20 $15,103 10,04 $267,307 10.076 ! 0.112 099,621 0 00,621 ! 1100,995 169,073 01,916
2014 2S 10 $0 $15,407 516,900 692,307 $0.026 ! 0.116 un,493 0 148,493 07,09 $17,07 570,602
2019 30 s0 0 S15,716 193,560 x09,226 $0.031 ! $0.165 4576,510 0 $57/,510 ! 58,997 614,356 01,642
2024 35 0 0 516,05 5113,626 029,60 0.07 50.07 x207,646 0 $703,646 05,924 912,10 x53,761
200 40
0 t0 $16,355
5136,492
1154,630
..Ota 1
0.245
056,336
0 056,336
S57,IE6 510,)41
546,E4S
2054 45
0 0 &16,661
5166,496
5165,10
0.053 !
0.06
1,041,664
0 51,041,6% !
Ug,03. 46,617
440,790
2039 50
0 s0 $17,024
$203,00
1222,014
0.00 !
0,362
51,267,566
0 51,267,566 !
30,032 $1,537
$35,494
1. first full Year of plant operation 190.
3. 52,000,00 Lord Issue • 20 "Mr. at R true interest rate.
4, $0 fud.d In bond ate for Re.av lord• rot rrWlrW for eenerel Obllonfon bo,tls.
S. W WENd at 10.004 per Nll9ntt hour • 102 of this espeletsi at 4S per Year.
6. $30,000.0 Initlst 0,111 R atc.latsd at 4% per Year.
T. Total of columns 3,4,S, sed 6.
6. Colum 7 divided b/ utiabd averago onust produetlon of 3,70800 SW.
9. Current este m I,CMleted at at 4% par par. (Ian rats 50.045 In 1966 p Sleeted to be 10.053)
10, Isaw on average tlenet PradActlm of 3$00,00 SW.
11. Interest from Debt $,,Toe Courage at • rate of 0 Star lerwue IoM, only).
12, total of ..lame 10 and 11.
13. Iron MN *pule present vorth of .alum 12 cosubd at YX Interest, etartfm January 1, 1990•
14. Co.,, PW .p,.le present Moth of Colum 7 cuputW at 8 Interest, OarHiq January I. 1990.
13. Difference of cerium 0.1.ue 14.
!
SINEFIT TO ROSE RATIOS
2009 1.04:1.0
2039 Id6:f.0
SNEAK EVEN If"
2006 1.0:1.0
3400,
1 REWMAE/ENpENSE 11I941RT Trial NaEer.24
1 5ON Etabtlm not.
IONA CITY, IW I., Pu1oh... %
HYDROELECTRIC PROJECT IONI Rate );
CORALVILLE MILL DAN Cenral Obligation sonde
Fetch 9, 1957
ESTIMATED AVERAGE ANNUAL PRODUCTION Of 3,500,000 %NN
1 2 3 E 5 6 1 8 1 9 10 it 12 1 13 it IS
I ESTIMATED DEBT 1
Est. 1 IGRR ANMUAL SERVICE I NEI
ANNUAL SEN. TOTAL CPT 1 P13RCaMYE
S R RESERVE I CREDIT =73 ALVIN,
PL. DEBT Me 6 DEL. O,Kl ANNUAL TER I FQ unit I= TOTAL I RESENT PRESENT PRESENT
YEAe YR. SERVICE C9.. 051S. Cm IS =IS m I PER NN Omit INTEREST u"IT 1 "IN "IN NOR IN
IgM e•I •sta9,0OD w su,OOo ama,m rm3,ow ".067 1 00.009 ef152,3w ee w 752152.500 1 •f175,M7 3217,757 ••$37,650
INC 2 1189,000 0 914,056 01,200 $734,256 14.0671 14Aw 1252,125 00'3252,1241 $176,Si42M4,606 .325,064
192 3 1189,000 w $14,112 S32.448 1739,50 00.067 1 00.061 5212,211 w $212.01 15175,29 2192,2117 .119,93
1993 4 31a9,w0 90 114,165 633,744 SM,912 00.981 w.m4 s2now 0 3222.93 617010060000,739 •110,733
194 S 9159,000 0 $14,225 235,096 3233,321 WOMB 1 00.067 1213,955 w 3223.235 1 2166,113 6169,920 •13,092
1999 10 1109.000 So $14,512 342,700 1246,212 10.07 1 w.M $298.01 0 2298,01 1 2151,309 ass, 132 u6,67
209 13 21891000 s0 $14,805 $51,962 s23s,751 10.0731 20.109 2381,137 w 13111,1371 1133,142 192,698 145,443
209 20 1159,000 0 215,101 963,29 3267,307 $0.076 1 $0. IN 1486,431 0 s4w,43a 1 2-123,75 569,077 956,623
Imo a w 10 81,407 $76,900 192,307 00.026 1 00.177 232o,81z w 1320,02 1 1114,3811 217.007 $97,330
019 30 10 0 115,718 193,50 $19,273 40.031 I ".226 3232,336 w sm,3561 $104,090 $14,3S6 475,734
1024 35 " w $16,05 1113,5x3 SIN, 863 40.037 1 ".x39 1,011,269 f0 51,011,269 1 996,718 $12,10 $32,535
029 40 0 $0 116,358 $138,492 9154,850 ".034 1 90.30 I'm'SES w s1,2M,665 1 536,191 210,341 175,850
014 AS w 0 116,007 1168,496 1135,183W.033 1 U.471 I'LAT' 61 011,07,351 1 SM,431 00,817 79,614
039 50 So $17,024 2205,000 $222,024 00.061 1 ".001 2,102,357 "22,102,3571 $71,370 17,517 347,233
1 1. first Cult rier of plant apralm 197.
5. 32,000,000 NOM I.F. • 20 Year. at 2s true Intoeat at..
A. 0 fmJM In boM ala for Iarerur Scrota• not r"Ire6 for 0arenal Oblio.tlOn bolls.
5. [atlatM At 10.09 Par kllotm Baur • In of this escalated at 4% PAY Year.
6. $30,000.00 Initial O,M A R aulsod at 41 OF, Year.
7. Total of column 364,5. aM 6.
5. Colum 7 dINfdsd by rIslootn, averaps Mmol prodMtlm of 3,500,00 W6.
9. Current at.... as lots, at at 5% Car Year. (Ina rale 10,95 In IBM pral.ttrd to M 90.0551
10. sot., On .,,.rags .1 prod,ctlm of 3,500,000 kM.
11. Interest fr. Debt .ala Caar.g. at a not of a [for to. 18111, Only).
12. Total of ..1. 10 Area 11.
13. Intone IAN spool. Present North of celum 12 cmonuot at 7% interest, stertlN isnM" I, IgM.
ITR. Cosa M eOuaa Present North of alum 7 [monad at 7s Interest, stertIM br%M,, I, INC.
i15. Different. of W" 13.1. 14.
KNEW TO MST RATIOS
209 1.11.1.00
2019 1.9511,00
$PIA% EVER YEAR
200 1.0111.00
3`XF
i
J
1
AEYENIIE/ERPENSE SU.LARY
FOR
THAI r ,,,
1045 CITY, IW
E.tal.tlm nt..
HYDROELECTRIC PROJECT
I
Po" -r Puroh... t6%
CORALVILLE MILL DAN
fon6 tap To
Koch 91 1987
R.nrw son,
ELTIM.QEO AVERAGE MuLSL pAml9[r10H OP 3,500,Wo SY6
1219,501!3,00 s21Ln0 ••5197,e9732u,6n •••••••••
R11,p0 I •k, n6
1 3 3 < 5 6 7 e I 9
LST. I
iD 11 13 1 13 1<
DEC,IS
ESTIMATEDA""I
LEX. I pMR
At. DEBT ws B DEL. O,MIR VITAL COS1 I PAN,
.W"MWL S1,11EgY10E I
P,AASN RLSERVE I NET
YEAR ER. SERVICE M. .,IS CO9T5 0051{ OU I OMIT
•"' •• ......•.•.... I
q,,, IlAO I QUIT =It SAVINGS
... .
fm,om
I dxI1X IggiX InrX
•m`••••••"'•'•••••••••••••
ft19,aPo 0.000
IKE 2 fln,Om 0 tf<,osd !!1.200 sdm,06 0.0611 0.M7
1972 J 31n,00 w 814,112 I O.Om
1219,501!3,00 s21Ln0 ••5197,e9732u,6n •••••••••
R11,p0 I •k, n6
02,4" 222f.sm 0, I w.o64
1993 < nn,0o0 w $14,10 RAJ,
f12,na �.IIG I
024,03 az,sso 81,026
)44 IR2,912 10.00
INS S [175.000 0 {14,225 05,096 3 <, I 0.ue
?2 321 0,06<
$1".US SIP2,JL0
{ss6,40e 1 fl9z,vw am,esv ff;181
s07,6u 312,00 f2<v,ele 1 1190,615
fo'In
1999 f0 $173,00 0 luso
1100,053 00,SS7
!01,36{ S12,00 120,1141 1134,!101119,913 124,7,
R2,1pp 103,212 0.066 1 0,096
007,051 212,00
3004 is {173,00 0 fl<,wS 1{1,732 3{41,817 60.0691
1149,301 1 $177"" Wfl,us i59,S22
30.129
1009 20 1181,000 f0 115,103
$4S"Gso 112,00 $461,!01 st67,911 07,624 100,29,
•65,204 8151so7 10.0721 0,172
[001,007 f12,0o
1301< 25 81n,0o0 0 !15,407 f76,9W {367,!07
016691 1159,149 05,{59 fpJ,6Po
w.W6 I w,Dl
1019 70 1181,000 0 f1S, 710
{007,762 812,250 MC,012 $111,"7 uv,tst 1101,316
193,5, 12µ,37e w.oef I 0.709 1,0
00,900 3137,260 [1,263,3[3
2034 35 w $16,035 8113,ete {129,861 30.07 10,113
1 1166,602 U7.3,5 [129,07
t.44
2029 40 to TO 116,353 3138,472
CA 6,500 00.f<d,5m1 305,491
11!,16] 1106!3
11S4,850 0.u< 1 0,551 1,915,810
2074 45
0 31,981.360 � 8129.
w 90 WAY Ill" 6 sles.1m [0.051 1 0.740
310,!41 {114,916
3690,60
2059 50 So 0117, 02<3305,00 1232,@4
0 f222.5".W� {10,J48<e 0,8q {I14,530
0.0611 0,971 1,466,312 So $3.4661612 11117,691
17,517 [1[0,1{1
I. Tint full YR., of Plmt opr.Uon INS.
!, 18,181,070 boy low • JO no,. .t n em. War... tata.
C. QtIARt0 fat SO In bm6 uta for R.
hou V Bey.• Tot rmolrN for C"r.l Outig,tfm bm6..
S. 230..00.6 .t to,pot If kllw.0t Sour • Cu of Cut. weal.w .t 42
6, Total of 181130 O,M 1 % 6 R.6 A 4% pr p.r. T'rr pv.
7. iota a/ ooLN.y.l,4,S, nW 6.
0, Colum 1 d1VI6.o 6Y Mtl.0ud .0817. .,Ywl aOxY
P. Curr.nt cot. Nu . ....IMAT
.t 6% pr Y..r.Drftu.[lr...ene/ .W.uS3600,000 M,
In , u pelnHe to M 0.05)1
I0. 4.b m w ... a..rr.uI PI tlon of 1,51,000 SM.
II. IM.r..t Ira GOT Lrvin Copr.B. R . nta of n f/or Rom,. Ienl. 'I".! I2. Total of columA 10.,6 11.
i 17. l
Coam0 pllV .W.IS Mnmt uorth of Rat" 12 Cory M,, .t n Inwrr.p
I6 m Puy 00,011 PI -I t North of oelum 7 ra outW .t n InMr.RA, .tartlnp A., f, f9Po.
.taMbp Ju.ury I, 190,
IS. oill.rmt. of tolun 13 .Inn 14.
I
BENEFIT To COM, UTlu
2019 1.Mil.Po
2019 2.44, 1.00
BREAK Eno VIM
Copt 1.0111,00
3�S
._I
a��
IS
V
REVEMUPENSE Vassar Triol YNAdoeR26
FOR t'catatlm r.Rac
TGA CITY, IDA A., purNunn
i HYDROELECTRICPROEE91 I9rd Rob n
CORALVI LLE HILL DAN
Nercn 9, 1901 IrvBoSand.
EIIIN.atED AVERAGE ANNUAL pRO011Ct1A OF 3,500,000 SVX
I 2 I t 5 6 7 0 9 l0
11 R IS it 13
EST. 1 ESIII"iF0 OFBI 1
ANNUAL GEN, 10441 LOfI 1 mass ANNIAL SERVICE NET
PL. DEBT ADS 5 DEL. 0,M RNWAL DEE I MR RESERVE CREDIT COSTS RAVINGS
rW IN. SERVICE CW, CntS =IS COSTS RVI p[TTIII COEDICREDIT INTEREST CREDIT TOTAL PRESENT PRESENT PRESENT
1991 ...............
•.O 114,00
SM, (TO 1219.000 10.067 •0.09 120,500 .....
BIT 2f0yY.........................
e•••••••• •••••••• aaa'm.....a..a.a
S218-75
1991 2 1175,000 0 514,056 "1,10 1210,256 0.00 1 0.061 1210,955 512,250 $233,2050 1 •$20,60 B1204,439 iM4,673 -9234
192.Sw ... ..0
1991 7 3175,DDo w 914,412 K2,"e $221,sw w.O3 10,068 M6,122 SUMS $2Ae,681 $212,901110,05E Kt, 111
1993 t 1175,010 0 514,160 W,7tt 5222,912 0."4 1 10.075 4252,9/1 $12,250 1265.271 1 $202,390 S1TO,OSe 512,175
I99G s 5f 75,00 w fIt,2M Ks,OM $23!,721 0.0" 1 10.077 $270,679 $12,250 5212,929 $201,77$ 1159,0B "1,787
1W9 10 1175,000 10 114,512 "2,Oo 12.12,2,2 $0.0" 0,10 $179,642 Kz,250 $81,892 1 1199,218 f1ID,Ots "1,175
204 15 1175,/0 w /1<,80 551,98 1451,757 w.OD 1 O.152 158,467 212,250 1544,717 1 "97,431 "7,124 1109,07
2009 20 5175,00 0 315,10 "5,20 1ss3,307 $0.072 $0.213 1746,817 (12,00 sn9,063 ,196,156 "5,439 1130,697
MRA 25 2175,000 $0 $15,407 176,1017 $2674307 $0.076 0,20 1,047,4$2 512.0051,0,,6" 1195,240 "9,251 9145,997
2019 30 $175,000 0 115.718 593.560 92U,zM 10.01 1 10.420 1."9,0" &te7,M011.656.7" $217,589 127,115 $10,36
.. 2124 35 0 0 $16.05 i11J,$2e "29,"1 0.011 w.sa9 1,010,410 w 12, 06p,<O 11$2,01 1$2,161 tlw,Et)
2029 40 $0 0 $16,358 S1",AK $154,050 10.0" w.BM 2."9.x10
1 0 K,"9,910 1 5192,991 O0,3<I 31$2,650
204 45 21 90 "6,687"68,496 1185,183 O.0531 SI.138 ,00,2" w",053,277 1192,991 ",517 91",In
t0ID s0 w 0 917,124 $20,00 5$22,024 10.012 Si.124 IS.a".931 w 15.684,01 1 "42.991 111s37 $85,853
I. First fol[ Year of plmt opntlm 1990.
3. $2,175,000 s r" h$w • 30 va"O At II I" Intarert rats. BENEFIT To COS! RATIOS
4. (175,000 f n aE 1n bon6 sal. far ReveEw larder mt rpulrM for Ceram M[l5stlm hood.,
S. Estleatw at 10.104 pr kllwact Haw r 1n Of this etctlstw at AS pr par.
6. $30,00.0 1015181 0,83 t a aaulntl at AS"SAN, 2019 2.04:1.0
7, Total of Callaee 3,4,50 and 6. 209 3.i4A1.O
B, Calum 7 61vINa0 by C[tluatN.,.go amnl Wa6wtlm of 7,50,00 LW.
9. Cwrm[ rate vex erc.letW at At 7S Bar Year. (aU. race SO.04S In 19M pralertM to be 10.059)
lo. IUM m 10,108 arn.al prodwtlm of 7,30,00 kN, WAR EVEN FEAR
Il. tnnr.st frm pot Nrvler C~.9. at A rate 9f n (for Saxon,. $orvR m1Yl.
11. Tots[ of column IO aN 11. 1991 1.00.0
IS.
Immo M ""Nts Wamt wrath of Cal" 12 Cnryute6 at M Interest, acerttw Varna" 1, 1990.
16 COU. M .goat' pn$mt wrtb of calum 7 Cmputed .t n Interest, 51Rrtf0 Jamar., 1, 1990.
IS. Differ .. of at. IS of. 14,
30;s
a�
J
I
J
r
AEVENYf/pp[x" TUMARY
YON
TWA CITY, TWA
HYDROELECTRIC PROJECT
CORALVILLE MILL OM
Merit 9, 1967
ESTIMATED AVERAGE MANUAL PRODUCTION Of 3,500,00 Run
irld avbnR
GGlmfon at..
Paw, Purc61.a:6%
Bard Rale G
A.. Bada
I 2 3
4 5 6 7
6 9
10 11
12 Il R 13
1, GtlwtH.t $0.0% Per Monett how • In of This unlrtH at 4% So, Year,
ESTIMATED DEBT
2019 1.0:1.00
7. Total of mlume 3,4.5, .rd 6.
[SL
PSER
MANUAL SERVICE
YET
ANNUAL
/L. DEBTSIRV
GN. TOTAL
wf $ DEL. GILL
[MT mcm
"KR LIBYA,
pF01T COSTS SAVINGS
110 IR. fpYICF
M. COSTS [MIS LMII
=IS
NEA � "BIT
GN PER GB
CREDIT REFS
visit
TOT" � PRESENi PRESENT PRESENT
••1••f195,Ow
•w •!15,00 ,f •$119.000
INTEREST
pwlT Mtn NONIN IONTH
1990
0,000
0.060 �• MOST
$199,100 •$13,650
•1217,150 �••310,2M {227,3" ••1125,159
1991 2 1195,0"
0 114,06 131.20 ST"."
0.069 $0.00
12ti Xg $13,650
5225,120 1196,629 GDP,"9 •813,220
102 3 SIM000
w $15,112 132,{56 $241,50
w.M9 w.M4
3224,156 103,650
$237,6w p",122 1197,163 •10,063
1993 4 f195,Ow
0 114,165 $33,711 112,912
0,069 �. 0.066
1237,06 317,650
$251,256 91911663 91651316 26,767
10A 5 $IMOOD
w 214,225 $35,096 4244,321
50.070 4O,Ori
s251,6" $13,650
$265,514 !159,306 s174,197 f15, 110
1999 10 $195,040
w. $14,512 102,700 1252,212
1.072 w.OP6
13371051 $13,650
4]50,701 1 1175,279 %125,212 950,067
IOTA 15 ST",=
50 $14,05 151,952 S261,S7
0.0)5 0,129
"51,050 $13,650
1065,700 1 $10,{29 {94,512 4{,556
2007 20 4195,00
w 215110 "3,205 s2r3,307
So,o76 0,172
!03,07 313,650
"17,257 1159,511 1170,626 "6,663
2014 25 sm,Ow
0 115,407 176,900 4267,307
w.OG 0.231
$07,762 $13,650
2621,112 3151,745 952,976 $95,106
2019 30 S1RS1Ow
w 1151716 193,50 $304,276
MOST 0.309
1,030,966 $205,650 11,259,615
$169,413 139,912 1129,441
2024 35 10
SO $16,035 9113,926 $129,663
w.07 0.413 11,AA6,50 , 0 31,546,3"
$135,491 $12,10 SO7,323
20" 40 0
NO $16,356 3176,492 26",650
w.0" 0.553 tpW5,950 0 s1."5,650
TIMM 110,341 9118,936
2034 45 At
f0 $16,617 SIM,496 1161,165
0.053 10.740 2,50,605 AS 12,5",60{ 1123,7{6 w,617 s11A,530
2039 50 w
s4 117,024 1203,000 3222,024
0.00 0.991 43,466,612 AS 13,166,112
{117,691 17,377 {110,153
1. ff..t full wu of PI -pt ansmion 19".
3. 32.195,000 band 1..w • 30 We" 11 p tru, fnler..t at..
IENIIIT TO CMT RATIOS
1, 2193,w0 fm ITT bard "Il far A- tootle- It r.0u11W for Oxyr.l Oblfo.tlm INMtle,
1, GtlwtH.t $0.0% Per Monett how • In of This unlrtH at 4% So, Year,
6. 170,000,0 Initbt TIM A 4 ....11tH G AS IN, Year.
2019 1.0:1.00
7. Total of mlume 3,4.5, .rd 6.
2019 2,201.00
6. Ca1Nm 7 dIYIdel by e.tfntw 1wnM su,,Rt p,Pou tom of 3.500.00 NYh.
91 Currwt rate uG e.nbtH It at 65 pr Year. (a... role 10.045 In 19M 9re5EL.W to b 10.057)
"IAN IVIM YEAR
10. I-lW m lwra9l anal praductfe, of 3,50,00 IA.
11. Int -rut treat Debt S. vI,. Cov..... at a INTO of 7% (for Rnm,a Iooda crS1Y1.
1995 1.006.0
12. Total of .alum• 10 W11.
I3, Ina. M ..dull$ Waeent North of Colum 12 CDo,e,0 at IN Int ... a,, startfno JaruuY 1, 19",
14. Cotte M'Ouale To"'t North of mlum 7 CarputH.t 7% W.IM, .,art lM JMrwry Ir M.
15. Doll".. of Colum 13 .1 . 14.
379
�n9
37s
REVEMEE/EXPENSE SIIVMRY '
I56 Met mrGmt26
IOWA all, IOW 6utellm ran.
HYDROELECTRIC PROJECT pan, P ... h .... M
CORALVILLE PILL OHI latl Ran BR
_
I
each 9, 1987 Ieran+a Baa,
ESTIIL.TED AVERAGE ANNL.IL PtCO56pal Or 7,500,000 MM
I 2 ] t S 6 7 a 19 10 11 112 B l< IS
ESL I ESTIMATED DEBT i
MmUALI P049R ""ARL SERVICE L[Y. TOTAL COST I mPCW MI RESERVE I MET
PL. DEBT
.�
565 &DEL. O,M ""L PER I awls CIwIT W I CREDIT 40th SAVINGS
YEAR YR. SERVICE CW. an" COSTS =IS TOTAL I PRESENT PRESENT MESEYr
.
......• .u...,. .•r•• r I PER YW ASIS INTERIST CREDIT MY, IUITY
• • u..nu.u..u••�•..e..•• . m• 14TH
V
um.n•.•.uu..u...20,150 .'•uum.uuu.u• uuu
190 1 Sl",560 w 314,056 !30,000 290,040 $0.011 I w.Up f2µ,30 !17,650 5620,1501 !205,7411 222],164 .117
1991 2 3195,000 60 $14,156 0.20 56<0,256
6"
56,069 I 56.063 5220,%5 513,630 WR,60 Wµ,90 t256,µ9 •µ,9J6
1992 l i1pSr00 w $14, 112 U2,<µ 56µ,3w w,µ91 w.Dw
SU6,422 213,650 f"0,091 56µ,l71 !19,165 0,946
1991 4 51",056 w 314,168 0S,7µ 5242,912 56,069 I 56.09 3252,971
.
317,650 5266,621 I t201,4µ 085,716 316,98
19< S {195,056 110 $14,225 03,096 Uµ,321 56.0/ w.OTT
5656,679 :13,650 5684,129 560,97 9174,197 011,525
199 10 319,00 w $14,512 µ2,T00 5252,212 w.OM 56,10 U79,µ2 µS,650 33",2921 5199,910 1128,212
871,718
2Dµ IS tl",00 w fi<,605 151,952 2261,757 40.075 I 56,152
f532,07 113,650 5546,117 2197,936 494,1171 110,05
209 20 1195,10 w $15,101 28,204 5271,307 56,078 56,213 2746,811 ST3,6S0
170,4631 91961513 Iw,wa SUSAN
i
2014 25 1195,000 w S1S,40 f76,90D 087,707 w.ei I 56.29 I,047,4µ iq,6509.81,04I
3195,30 $52,916 3I42,570
2019 70 91951000 w (15,716 191,560 U04,278 {0.87 I 56,420 1,469,9A 120,650 {1,677,744
5720,400 U0r972 21w,4U
2024 ]S w w 216,05 tlil,U6 3139,363 56,82 w,3ap 2,Ow,<w
032,060 -am 11192,91 $12,163 $fw,a2T
2029 40 w w $16,155 *18,492 1154,830 EDAµ
I w.SIS $2, BEI w $,89,930 11192,91 t10,µ1 SI,EdS0
<5 w {0 SI6,8T P318,496318,496$165,180,053 µ
MISS
w
,0S7,277 µ,053,277 µ92,9I ,I t1µ,171
1204
2039 SO w w $17,94 SUSAN $222,024 56,08 *1.624 f,6µ,"1
_
w 115,664,911 092,91 3T,SA :1115,15]
1. Ibat full Par Of Plant c9antlm 190.
], 121 Malo
Oaa Wum • 30 "are at at naw Innrut rate. I[Y[gi TO COST RATIO
_ J
4. 110,000 fu,aN In bora ala for Ravaru IaW ran rpulred far cental 8119at1m duan.'
S. la at Par Hlaut maw
OMB It IM • 110 of t6h ocal.tM a A3 Par year.
d. 130,80.00 1nit .1 0,P & R ....utao at At pr pre. 01P 1,490.0)
T. total of Of. 3,4,S, ab 6. 209 2.91:1.0
11. Colum 721v1da1 by..drat%wara9a annual Pro Ajm of 1,50,00 YW.
0. Current nn an ..calat.d at at 7t
Car Va.,. (RnA rata t0.µ3 In 198 P,*,W to W 0.059
l0, µ.ad m avenge a l Prodctlm of 7,50,00 Nr, DEAR EVEN YEAR
11. Intent fret Dant µ"r11- Covma9e At • rate of n If, R.venP IoM. m1Y).
12. Total of ..hien. 10 11. IDES
i
ab 1.00.0
I7. I" M Rommel- Pruett win ren of .ju12.~W at n lot .... I, m
16 atertln9 Jaar I, 99
M .Dual. 1.
i
Off" gatmt X.nm of .alum 7 XaPun61t 7% Innrut, anr,fN January 1, INS.
1S. Il(.rw. of slam 13 Pine 14.
J
37s
I
LJ
i
1[VEMOF/E%pEMSE SIMUR}
Tritl tvber:29
IM
halm. rote.
IW CMR, t,A
Paver PccPese:6%
NYORCELECTRIC PROJECT
Imd I". 9%
C.ALVItLE PILL DAP
%tuna NPlSe
wen 9, 1967
1182.50
ESTIMATED AnUM wNO.AL PRMUCTION OF 3,500,000 M
0.740i,sw,6,
1 2 7 4 5 6 7 e9 10 II 12 17 IL 1s
ESTIMATED DEBT
[fT. ,ties AMM141L SERVICE NET
AMMIIAL OEM. TOTAL MSI PNCMASE ,VEA AESERn "WIT =IS "Vim's
PL. DEMI so$ { EL. 0,00" ANNUAL IRA [AMI7 CAMIT MMD TOTAL [AESEMI "[SEMI BARREN,
AGE YR. wRVIK OW.COtT5 COS IS =IS SIM PER SSIN ,SIS INTEREST MMMT WIN MTN WIN
I M •et •••
5216,000 So $14.11. •330,000 BM,= 50.074 � 10.OS7 eS199,5M •215,120 5211,620 .•e52DD,5i9 08,99t •142.411
1"1 2 2216.000 $0 111,056 131,200 5261,256 10.On 0.060 3211.470 515,120 5226,590 1197,912 5226,191 •00,279
1992 7 12161000 10 $14,112 02,46 80,535 0.075 M.o, 172/,150 515,110 839,20 51%,722011.727 •S19,M5
103 4 $216,000 30 114,10 533,711 $263,912 0.015 0.066 3217,606 $15,120 /252,80 li0,M5 801,38 •0,532
1901 s 1216.000 10 114,225 03.096 865,321 0.076 0.072 031,6, 515,120 866,96/ 51M,356 9189,IM Sl•ta6
1999 10 $216,000 0 51/,512 112,700 22n,212 10.076 0.096 037,051 $15,120 3352,171 S119,OE6 SIM,357 60,09
2, 15 5216,000 0 $14,M5 01,952 102,757 0.81 mm "51.050 515,120 5466•1w 116],98 1102,164 366,177
2009 20 5216,000 0 115,10 13,204 5291.307 10.D, M.tn 560,,7 215,120 01a,727 5139,81 116,035 50,06
H14 25 $216,000 M $15,407 86.90 035,307 10.035 0,x]1 507,78 915,120 we2,m 15151,615 410,,1 W4,810
MI9 30 1216,000 10 Ils, 7I8 1912, 3115,278 10.001 10.]09 1,00,968 011,120 51,712,035 1IIrz,5a5 Kx,III f129,67<
2024 31 10 10 516.051511,06 2129,351 10.07 10.51] I,Sw,sM . 10 31,446,su 1 1135./91 51x,10 110,128
2029 40
to 10 116,358 2136.492
2154,810
$0.044
10.113
1,0s,eso
w 21,915,850
sin,m "0,711
5118,936
201 45
SO 0 916,3571135,196
1182.50
40.057
0.740i,sw,6,
0 22,590." �
110,30 M,a17
11",530
209 SO
W w 917,024 805,Oo0
80,0"
0.00
0.991
,4,,812
w 0,4,,832 I
1117,691 17,137
5150,551
1, first fort nor of Plmt owntlom 190.
7. 52,216,00 band law • 30 pros 51 R true Interest .to.
4. /216,000 fuel, In ba„ WM fsr ANY. S9 ,- .t 1"IrM for C .rol ObIl9AtlDn bani..
S. utimted At SO.MS per bllwott hour • In of t6h oto htM At 4% per per.
6. 350,000.00 Ielthl O,N { R row lots, At 4% Per pro.
7. ""'OF
columA 1,4,3, M 6.
L Colum 7 dl,ld by ..tlntM ...row An W1 pra,Ntlon 9f 3150,00 M.
9, Current rot. no Scst.tw a 51 6% For per. (Ion roto 50.,3 In 190 proilctnt to M 10.057)
10. IoM on -Y11-9- Aran] Vro 9n 1 of 7,500,OM IM.
11, Interest from Debt Sorvlw Cewro98 At A .to of 7% (ler ". Inef. only).
12. Iotol of cst1 10 Are, 11.
0. I.Dne PPI onueto yro.mt wrtb of cclum 12 co putts At 73 Inter, otertfm Jnwry 1, 1990.
11. Costo M sgeb Present wrtb of [alum 7 [wpsted At IN Interest At.rtim Jormary I, 1990.
15. 01 (for... Of ..IWn Is .1. 14.
BENEFIT 10 LOST RATIOS
019 1.4911.00
209 2.1111.00
II[AC EVEN YEAR
1999 1.02:1.00
-I
K
REVENIrt/
ost SIJp1A9i
,
!
lal
Trim! rxMr:30
I" CITY, I"
Erglrtlon nrtl
NYORCELECTAIC PROJECT
Pow, Nnbnnn
=LVILLE HILL DAN
lad Re[e 96
North 9, 1967
Rnmet I V W
ESEINAIW AVERAGE AYNWL PRmOCTIN OF 3,500,000 D11N
I 2 l f S 6 7 6 1 9 10 11 1
I ll
FST. I ESTIMATED DEBT
if 15
.
_
1 MR ANNOIL SERVICE
CEN. TOGS COFI I FIRMS, MR RESERVE
DART
PL. Obi ADS 2 DEL.
I Y31
I
O,N4 ANYwL PER 1 OMIT "EDIT MO TOTAL
EW YR. FLRVICE WV. (SIR IS DOLTS WSIS OLIN I PER t1M
4[Oli RESET PRESENT
I /RESER$ IIIfLYI PRESENT
..w..n......n•mn.••......w.....w...wm.
CMto IYibE51 "WIT 1 MTN I.t•TO bI1N
• •....om® ww.mmmww
1900 t {2162054 10 I1t,000 310, 000 {260,000
„1221,620
-J
10,07{ I 10,059 $206,500 SIS,120
1991 2 3116,540 $0 314,056 /)1,200 !261,256 34.On I 10.031 {220,955
_
1254,121 310,991•• p5,U9
315,120 !236,025
sci
fll,
3103,1971242'"1 •311,994
QUA22 $15 120
1991 f '216-00 10 314,131 Tut{6 {231,912 W,075 I W.072 311),971 {15,120 12661,091
1994 S 3116,000 W fIF,225 315,096 {265,]21
1 310{,516 3101,.7 {1,1314
Jrj
W.pr6I W,OFF 3120,6$9 113,120 {265,1991
um,m 7369,!20
954 f0 3116,000 W 111,512 u2,m0 $273,212 W.Om 1 54,106
tl<,W1
UT9,d 2 115,120 3191,762 1
2004 IS !216,000 10 $I<,WS 151,952 {231,737
12aq,dn ilA,Cd) 311,790
!0.311 1 to.152 31]2,'07 $13,120 $XT,S6T 1
1196,01 f131,<X 193,9dT
2009 20 3116,546 W 115,103 161,304 1204,]07 34 O6f I 34,iq
$<6,2U fI5, 120 3161,313 I
4106,691 3)6,055 {120,X3
2014 25 3116, 540 34 315,40! {16,900 3106,307 $O.D661 34,739
1,OL7,4U 115,120 S1,031,5X 1
1195,773 iM,545 4736,911
_J
2019 30 3116,000 10 {13,716 895,560 3125,220 10.031 I 10,00 1,'09,094 831,120 21,200,214
I
2024 U W 10 $6,315 !131,312 !129,231 40.0311
5223,352 X2,731 1154,621
_
10,!69 ,654,454 � 34 12,060,410 1
1192,991 312,131 fmo,ur
2319 40 10 10 !16,356 !!!6,192 tI54,U0 !0.04{ 1 10,316 E,p69,910
34 31,316,910 1
1192,991 110,X1 4162,650
2314 45 w w t16,UT 3166,496 ft65,lU $0.031 1 $Crop 4,311,273
10 X,031,273 1
2079 30 34 {0 $17,024 [203,000 3122,314
1192,991 U,2I7 11X,173
_
10.313 121,624 25,6X,9]1 f0 f3,w,UI 1
3192,991 37,517 {IU,91
1. First lull nor 9f Mort oGsxtlm 1990.
_
], 12,216,000 brd to" • JO ""1 It R trut Intmxt rots.
4. 3116.000 fadtd In bad
I41IIi 10 0031 RAIIOS
tole for A"Tads• rot rt9ulrrd for Emrnl 06110tt1m bade.
3. 4tlxtW At 34.004 pr kliwett boor
...
• IU of NII ..!ditto A, tf pr Yxr.
d. 510,000,54 fnitbl O,H 1 A ucslttw Yt 41 for "Or.
7. lotll el 1-1u 3,4,3, W d.
2019 1.7311.0
2. COlun 7 dlvldtd by xtlxtM
2039 2.7111.00
swnx A ,MOI prad,cHm If !,754,540 YM.
9. Currmt rob un xubtM It It n pr ylor. (I...
-
row SO.Xf In 1931 Po'Olatrd to G {6,0391
10, latd m "or -of Ia.JII Iro0ctl9n If JON.000 k M.
WAS MR YEAR
I l. Inbrtlt hx Debt Service C9Vtrsq. At •rob of R (for Rtrrrol lad! mlY).
12. bbl of Solum! 10 W It.
Il. I" Ila xxlt X --.t North o1rolum 12 9apuXd It 7S Imerwt,
IM 1.0111.00
1X2!60 jo,,o Y I, 1954.
ll. Cort{ Mcoi Wtsmt North of colum 7 caputtd rt 73 Inbrny s
11. 011fererct of cat" 13 of" 14. brtlnp JUYarY t, 1990.
KEVEMYE/E%pEws SUMMARY IrIMI se r:31
FOR
EnatStl on rate$
TWA CITY, :m PNNar Purchue:6%
M"ELECTRIC PROJECT CCM gets 5%
COR.ALVILLE MILL CAN General OGlig.tlm Inas
March 9, 1967
ESTIMATED AVERAGE AMMLAL PRWIIKTION OF 3,500,000 CIM
1 2 3 A S 6 7 a I 9 10 It 12 1 13 IL IS
I ESTIMATED DEBT I
EST. I MR INITIAL SERVICE I MET
AM "I OEM. TOTAL COSI 1 "CUS1 MR RESERVE I CREDIT MIS SAVINGS
PL. DEBT NOS B DEL. O,IW AMN01L PER I CREDIT CR"II flow, TOTAL I PRESENT PRESENT PRESENT
YEAR 11. SERVICE CC/. COST+ COSTS COSTS Sim I PER AVM COSI+ INTEREST CR"11 1 MIN MTN MONTH
1990 1
60,00 w 77000 610,000 f2O,0O
".OSe 1 0.057
+199,50
0 S199,s00 I
81/6,1%9 11",811
•14,206
1991 2
1160,000 w WoO6 (11,200 120$,2"
".0D I fo.060
1211,4679
30 $211,179 1
Stai,7061179,279
$5,423
1992 3
5160,000 " SI4,112 132,W 806,560
0.059 1 ".0646
524,158
0 $224,155 1
SI$2,90 S16e,04
+14,365
1993 4
S1",000 " 514,1" +13,741 $207,912
".059 I 50.0"
"37,605
0 1237,641 1
+101,279 +155,615
$22,655
1994 S
1160,000 SO 614,2n 133,996 +209,321
".060 1 ".072
s al,aat
SO +251,564 1
1179,576 +147,243
410,371
1999 10
SI0,w0 10 116,512 W,70 2217,213
50.062 1 ".ODS
497,051
w 1157,051 1
$171,3401110,470
60,920
2004 15
+160,000 0 511,375 $Sl,w2 5226,757
0.051 ".129
+451,050
NO "51,0501
$10,01 "2,157
"1,294
2009 20
1160,000 e0 $15,10 163,2% SM,107
0.001 ".172
5603,"7
0 saO,607I
SISS,Du "1,503
294.40
2014 25
w $0 S1S,401 576,900 $92,307
$0.026 1 0.231
507,762
0 "07,762 1
$115,00 "7,007
$111,022
2019 30
SO 30 +15,718 $93,50 "09,278
$0.0311 0.309
1,00,90
051,00,960 1
+142,004 +1%,356
siuma
2024 35
0 0 $16,05+113,62 112,861
60.071 ".41311,W,5O
0t1,446,510 1
$135,491 SI2,163
+123,321
2029 40
SO 0 +16,356 1131,492 S154,850
SO.= 1 ".553
S1,05,aso
10 11,935,550 1
8129,277 Sfo,341
1119,936
2034 45
0 90 516,"7110,496 1185,113
".053 1 "as,
S2,5w,O4
So 52,5",604 1
$123.348 ",517
1114,510
2039 50
1
" " S17,024 5205,000 "2,074
MOSS 1 ".991
63,46a,812
0 ",166,032 1
5117,691 17,537
5110,153
1, urst full par of plant iteration 1990. BENEFIT 70 COI RATIOS
3. @,00,001796 Issw • 20 Years at 5% true Interest rate.
4. t0 faded In Dord ul• for Reveres Tarlo• rat reO+fred for General O119etim t796s.
S. Etoned at 0.004 pr kllwatt hour • 10% of this e$nbtd at 4% per pst. 209 1.5011.00
6. 530,000.0 Initial O,M 1 4 steabtd at 4% pr Year. 2039 2.6111.00
I. fatal of Colon 3,4.3, ad 6.
iit. Colton 7 dlvidd by estlntd virago uaoul predoctlm of 3,30,000 IA.
9. Currmt rue use updatd at at 6% per per. (less rate SOAKS In 1966 proPctd to G 40.057) BREAK EVEN YEAR
10. Bud an avenge Animist prookctfon of 3,500,000 kw.
If. Interest frm 0ekt Garvin Contig. at • nn of OR (for Revues, lords an1V). 1991 1.011.00
12. total of at. 10 " If.
13. Inc. M N Mls present North of calum 12 coqutd At m Interest, starting January 1, IM.
14. Cost, "V tocals present North of Colum 7 caputd at 7% Interest, starting January 1, 1990.
15. Difference of mlun 13 olau 14.
liwa
■
7
J
i
J
1
RFYEIUE/fNPENSE SUMA4i Trial nerb,e32
fO hcebtlm rete,
INA CIIT, INA pan, NrchusAE
HYDROELECTRIC PROJECT fad Rate sE
ODRALVILLE HILL D" 6,nen1 Obll9atim Baal(
Nar.I 9, 1967
ESTIMATED AVERACE MVWL FUNCTION Of 3,504.000 M
1 2 3 4 5 6 7 0 I 9 10 11 12 1 13 14 IS
ES71MIED BEST I
ESL I MR MYWL SERVICE I NET
ANNUAL SFU. TOTAL COSI I CLONCHASI PMR ARTERY! I COEDIT COSTS SAVINGS
PL DEBT YDS 1 Oft. OSCAR MHLAL PER I CREDIT CREDIT W TOTAL I PRESENT PRESENT PRESENT
TEM YR. SERVICE IN. =75 CPS IS NIS M 1 PER I41M (OSIS INTEREST 015:'..1. MTN MIN "IN
1990 ••I ef1w•N0 so;" 10,000 •12104,000 04.050 �sa0.09 e22M,sw r••••aa YS2M,Sw 1 1192,991 S1W,654 12,336
1971 2 110,000 0 114,056 041,200 5205,256 $0.059 I 50.063 S02o,W5 14 1220,955 I 1192,991 1179,279 $11,712
199E 3 slalom 0 1111112 02,440 806,50 $0.059 1 w.ma 5336,422 0 1236,4E 1 9192,W1 /10,614 124,376
INS 4 SlO,ON 0 $14,160 111,744 5207,912 40.059 1 0.0E 1252,971 0 5252,971 1 1192,991 $150.615 534,376
1994 5 110,000 0 14,225 05,096 5209,321 50.060 1 10.077 5275,679 w 1270,619 1 IIW.W1 1149,243 143,740
1997 10 110,000 0 $14,512 02,750 $217,212 50.0621 0.100 079,02 w 079,92 I MW,WI 1110,420 f0is71
2334 15 510,000 W 514,045 551,952 4226,757 10.0651 0.152 5532,467 14 1532.4671 $192,W1 502.107 1110,01
2099 20 $10,00 w 41',10 03,204 5230,307 14.001 04.213 1746,013 w $746,013 1 11921991 161,533 5131,400
0414 25 w So $15.407 376,900 192,307 f0.OM 1 50.299 1,017,444 10 sl,M7,4" I 11W,991 517,07 1175,90
2019 10 w 14 115,110 193,50 Bill 0.01 1 04.121 1,469,094 0 f,,169,Nl 1 1199,991 111,356 5170,61'
2024 35 10 0 $16,03 5113,620 $129,00 10.07 1 10.569 Q,M,4u 0 52,Ow,4w 1 $192,991 $12,10 SIw,627
• 2029 40 w t0 116,356 5130,492 +154,650 10.044 1 ".026 52,09,930 0 52,09,910 I $192,991 $10,341 4162,650
I
_ 2034 is 0 0 116,07 510.496 5165,10 04.053 1 MASS 14,053,277 a "'00,277 1 21U."I 0,617 1164,173
2019 so 0 0 17,024 1043,000 4222,024 0.061 1 $1.624 O.6M,931 w 5516641931 1 1192,991 $7,531 1165,453
1, first full year of plan o,trMlm 1999. BENEFIT TO CMI IMIOS
S. 22,MO,ON bad lust • 20 Years At 5% true interest rete.
1. f0 itrded In bad .Me far Naau Batla• net re9RIrM for Densest' Ob119Atin boNf. 200 1.6911.04
N S. tstlaulN at 14.004 par $1lastt hour • TOS of this estebaal At 4% Per Par. 209 1.6341•01)
6. 00,000.00 Initial 0,11 B 4 ucsbud at 4% me year.
7. let.[ of coltrn+ 3,4,5. Real 6.
S. Calan 7 df0dad bf estlreted Aes1e9e e,neal Pradmtlm of 31704.040 IM.
9. Nrrnt rue m esubted At a 7i pr Year. tone rate 14.95 in 19M prolattd tc b 40.0591 BIC" [YEN YEAR
10. Bread an Rrerge emuI praS Aj1m of 3.50.000 IM. 1990 1.01.1.04111. Interest 1rm Debt twice Weses9e at • este of 0% (for Reverse,oordR tell).
12. Tot.L of C.L. 10 nal 11.
13, Insea+ PED aaHla pamt wrth of Cat. 12 cnputN At 73 Interest, aatIN J -YY 1, 1990.
16 Costs Pw awalA Intent North of Colum 7 Cm I f at 721 Interest, Matins J -YY 1, 1991-
15. Dlflaenee of at. 13 .inns 14.
97s-
--i
REVENGE/EXPENSE CLAIMANT
Trial rL bar133
IN
Gnlrtlan rates
_
I W CITY, IwA
Powr FWch...
:6%
HYDROELECTRIC PROJECT
Bond Ole
di
COPALVILIE MILL CAN
OUNnI Obllpetlon BmdB
March 9, 1987
-
I
ESTIMATED AVERAGE ANNUAL PROdttTICK OF 3,500,000 NYM
1 2 3 A 5 6 7 0 t 9 10
11 12 1
13 16
IS
t ESTIMATED
DEBT I
EST. I BOATER ANNNL
SERVICE I
NET
ANNUAL GEN. TOTAL =I t FINCNAS MR
RESERVE t
CREDIT =IS
SAVINGS
- j
PL. DEBI AOf 6 DEL. O,M9A ANNUAL PER t OMIT CREDIT
W TOTAL 1
"EVERY PRESENT
PRESENT
YEAR YR. SERVICE W. COSY COSTS CWiS %lied t PER M =IS
INTEREST CREOII i
1d IN MTN
,1116,449
WOR IN
J
TWO 1 3174,000 90 s1L,p00.30.000 2218.000 10.062 t^0.057 s199.5om,
101 2 2174.000 W 114,056 01,200 6219,256 20.09 1 20.060 9211,470
^ 30 S199.Soo 1
0 3211.4m 1
80,n8
s113.7m $191,507
•917.290
•16.801
JOSE 3 5174,0,0 0 114,112 132,448 2220,560 WELLS I 20.04 824,ISS
0 84,158 1
012,960 91101043
$2.937
1973 4 9174,000 so 04,168 03,74E •221,912 SO.W 1 20.068 S257,W8
20 837,608 1
51S1,2m $10,296
$11,974
!�
1094 5 $174,000 0 214,225 135,096 S2n,321 20.064 1 90.On $251,664
90 091,864 1
•121,5761359,225
$20,351
•J
1097 10 $174,000 0 04,512 $8,700 Sn1,212 90.066 1 $0.096 037,051
w 097.051 1
2111,340 3117,536
653,103
2094 I$ $174,OW 0 214,205 •51.952 840,737 50.0691 50.89 856050
20 1351,001
$163.481 (17,261
576,220
y
2005 20 S174,00 90 05,10 W,BO 2n2,307 2o.on t sf.1n 803,607
0 2603,607 1
11155,964 165,201
290,70
( 204 25 8 So $15,407 86,909 692,307 70.026 1 20.231 80.762
w 807.7621
$148,00 So,007
2131,822
J2019
30 w 0 $15,713 f0,sea 009,270 $0.031 1 8.309 1.020,968
0 S1,00,965 1
1342,004 514,356
$127,648
2024 35 SO 0 216,035 $113,80 1129,W 90.01 I 90.413 11,446,510
SO 26446.560 1
9135,491 112.09
2123,328
2029 40 20 90 116,358 1138,492 $124,850 •0.04 1 50.553 11.935,850
90 $6935,850 1
039,221 210.81
$118,936
204 45 0 /0 $16,07 3168,496 9185,10 10.053 1 8.740 2•s90,604
0 22,590,604 1
1123,348 8,017
$114,330
209 50 SO 0 117,024 805,009 $222,024 SO.W 1 8.991 $3•466,132
0 53.466,812 1
011,691 27,537
$110,153
--'
1. First full war of Plant ogntlm 1996.
BENEFIT 10 COST WIDE
3. 8,000,030 Cabal Ww • 20 "an at 6% true interest re U.
A. 0 (,wed In boat ads Tor 1. Bolla• rot ranrlred far Central abllestlm
Senate.
r kilohr • 10 of this ertdLS r Year.
5. Na11mled at 50.004 For rt Par
20013 1.414,00
6. 00.000,00 Initial O,N S A sc.l..ed at 4% Far Pat.
209 2.66.1.00
i
7. Total of toluma 3,4,5, and 6.
B. Colum 71391ded by estimated r.pa amid Production of 3,500,000 kW.
9. Current rata ......dated .. at 6% Per Year. (IED rata 20.00 In 1986 W.J..ted 1O Is 10,0571
INEAK EVEN YEAR
lo, Named on 8v raj. amid pf xtlm of 3.509.000 ked,
11. Interest iron Debt S.mies CwaraOe at a rate of 0 (for Reveres, Sent mlyl.
1994 1.0111.00
12. told of ..I.m. 1D and 11.
13. 1.. M push W..mt wrth of Colum 12 cm9u[ed at n I.W.", He'll, J.uary 1, 1990.
Co.,. PSV a I. Pnemt wr[h Of Of. 7'onuted .. n MY .... I..,aril,
is., 1, 1990.
J
IIt.
15. Differ... of Colum 13 Nim 14.
�i
_
REAM/EXPENSE SP,,ty
7r0.l rmb.n54
:ON
TWA COY, IQ4
Galulm at..
NmPROJECT
P..r Pura...:nROfLECTRIt
CORALVILLE BILL DAN
Intl Rat. 6%
-
Sara 9, 19a7
Denvnl 0blflatlm ImtlA
ESTIN.ITED AVERAGE ANNUAL PROpOCTIW Of 3,50¢,000 [W
I
. _.
2 3 i 5 6 ) 0 I 9 10
11 12 13 14 15
EST. LSTIBATfD
DSII
ANNIAL GEN. /PRP MRAu"
RESERVE MET
REfBw�
PL. DEBT Apt 3 DEL. D,BBR M"L PERCREDIT� CREDIT CR CRIT
� CXLDIT =15 SAVINGS
YEAR W, SERVICE M. COSTS 21515 COSTS PER SVN =IS
TOTAL PRESENT PRESENT PIESEYT
..................................ESM
............... u.....v..a.....mvnmv..•..
INTEREST CAwli WIN 1 , , . ,
"1
199¢ 1 $1)4,00 0 $14.000 $10,00 8218,000 21"'12 0.09 120,50
... . ...... ..•...vvvumu.•uvt
1991 2 11741000 0 $1/,056 131,200 1219,256 ",Ou
w 920,500 !192,991 003,238 •/10,748
8)"'u s12o.95s
1992 J 5174,00 w 214,112 122,813 92t0,5"
w 1220,235 %19119$1 81911507 81,48{
0.03 w.Ow 21)6,422
" 8236,422 SIR^ $18),03 312,9,6
2,971
199{ 5 $174,000 w 51,,225 835,096 3223,321 "0.07
j
.064 Sfsm,6m
w $27111679 3192,991 $159,10 tu,ldd
19DD 10 SV4,08) $0 $14,512 142,700 1231,212 50.066 � ".10 um,642
NO 2379,6tz � 2192,991 $117,516 In,45<
1
204 is $174,000 " 514,05 1511952 5240,751 0.069 $0.152 5512,$67
" 1572,461 3192,901 w), 261 1105,729
200 20 )04.000 0 315,10 563.204 9252,307 ".OR ".211 1246,311
" "'46,811 %fv2,991 215,201 118),790
1014 n w " $15,40 276,900 192.307 21.026 21.299 fI,ON,444
w sl,oi7,u4 21921"1 %17.07 %tn,9u
2119 30 " 0 S1S.T1e 391521 3109,223 ".01 21.920 $1,40,04
No 11,469.091
5193,991 $14.356 t173,u5
i _.
1014 75 $o so 516,035 f113,us ""M 21.011 21.589 12.00.48)
0 52.060,45
5192,991 $12.10 518),927
i
I 2029 0 0 " $16,358 $13a,492 %154,850 ",O4 0,126 52,85.9,
w $2,889,930
1192,991 $10.341 $112,650
7034 45 " f0 116,687 $10,06 t1e5,10 $0.053 $1•153 u,os3,2n
w 34,03,277 1192,991 21,Bv tle<,in
TRIP so w So $17,021 9205,000 1222,024 "•063 S1.624 $5,664,931
So Ss.wt.931 $192,991 t/,53/ $165,451
I. first full Ta•r .f Plant "'.if. 1990.
3. $2,00.00 Intl I..w • 20 y..,. at 6% tru. Int.rn...is.
BENEFIT TO [01 RATIOS
A. w fugM 1n bmtl cal. for A-Rru. 6mtla• rat 'NCR I' R for Cm.nl Cbll9.tlm ImtlL.
5. 4tivatl At 20.004 pr Nllwat hour • TOS .f abanl.tM rt 4% pat, Tsar.
6. "
YUM10,00"'0 Inlgal DIN E R 0013tH •t 4S
209 1,5911.0
8)r
T. Total a 4010.. 3"'S',s, and 6.
2039 3,44:1.00
8. Cana 7 EIVIMd by RAt1mtw .ng. ArrLul Proeaotlm at 3,50,00 b6.
/. Current rat• was uc.latH at .t n Dar par. (las. rat. 0.016 In 19x6 p.lactM m G 0,0591 1$1At EVEN IqA
la. BnH m .rage aural tlm
Wr of 3,50,00 M.
11. Inurol frw ORDS farvlu Cowr.g..1
a rat. of a Amr St. a.,tla mlT).
12. local of ..luma f0 .,tl 11.
1992 1.01:1.0
Is. Iran. PW AOwla Pruett wr.h of Column 12 cm9utH .t n 1233230, t.rlfm J.,uarT 1, 1990.
14. Cast, M a9...la ".-art worth
of P.I m T CmPVtw .t n Intm.I. .tut I, J•,wrT 1, 1921.
15. Diff ... ,.c..0 Glum 13 .f . 14.
I
1
IREVENLEVEXPEXSE SLA9YRT
'
TOM
Iri.l m6.r:3
MCA 'ITT, COW
E...J.,an .....
XYORCEIECTRIC PRWIU
P.wl Pureh..mas
waLVILLE MILL DAM
Iay R.I. 71
N.rrh 9, 1987
ESTIMATED AVE"a
G-1-1mll9alm'a,'
"Nuut PRCOU'TION Or 3,500,000 AVN
1 2 7 t 5 6 7 a 1 9
M
EST. I ESTIMATED
11
PUT 12 I 1314 1s
AXMWL RRM. MT I P' EM AMNJAL
TOTAL I CYCLE
PL. DE6f AOS 9OEL. POMfR
SERVICE
OMiR Xwt
YEAR YR. fERVlcf M. COSif q 1 OMIT a.,
......... COSTS
RESERVE I OMIT MIT
wyp COSTS UVlhaS
TOTAL
..... I PER 1191 COSIs
v0 914'••••••••........
IRO f it&9,000 w 111,00 •••• ......ven.•. ••••••••••••••vvs...m...
I PRESENT PRESENT PIESEMT
IMtERLff "fait I MORIN 1191{$
00,00 RU,000 w. 0.07 $199,500
131 2 1169.000 w 114,056 011200 $2",236
IRE
IRpIX
""•"•••v..v... ......
w %199,50
••01,100
".0671
7 $189,000 w $14,112 02,{48 1 w•WO 9211,470
1991
I ilw,a91217,757
w 011.{0
4 910,00 w 114.168 U),7a SEES 912 ".0411 I 0. '11.1511
I IDR s f109,ow w $14,225 066 IIT
I SI",70 t2µ,608 .919.902
U 158 1 410,960 $10,287
0s, W6 600
320.121 fo.06a I 0.071 t251.8µ
w f22<,
." 3"
231,608 I 11111,270 11w,n9
19" 70 916P,000 w 214,512 K2, 700 $14,212
531
w I 9171.576 1169,920 tpf616
90.070 I 00.0% 0A,01
20µ 15 $189.000 w 9I4,ws 01,9)2 .55,717 40.071
w 0]1,0511 1171$141025.162 "6,17&
200 20 S189,000 w t15,100 50,20 10,171 ":1,050
0117$107
w "51,0501 310,41 S0,09a fw,70
0.0761 wen 00,07
wu n w $o us,<17 u6,wo
w twl,w7l 1135,9" 49,071 411,900
192907 00./:6 I 0.211 107.762
w19 )D w w ns,ne 9050
w 007,7621 fI4, 00 $11,007 11)1,871
nov,2n 0.$171 1 0$109 i3Ow,
- 2021 !S
• w w 114,05 til), 828
w $1.0",90 I t1&21004 114,36 3127.µS
$129 0.07 1 40.{17 1,{4,sw
2029 f0 w w $16,7511 413,{92 9151,1150
w $1,446,580 1 2175,491 212,10 S121,3a
1O.0µ I 0.531 1,05,1130
201< f3 w AS 914,µT Nµ.40 $10,10
w 21,05,&50 1 $129,271 510,31 5116,9)6
0.05! I w.KO z..9o,6o<
2079 50
w 32,990,04 1 SIZ)dfa
w w $17,021905,00 :222,021 ".U3 I w.Rl
u.ev 1114,310
.cµ,810
w 0,4µ,11I2 I 5117,491
1. 71T, full W.r of Plmt "r.tlm 1990.
97x37 4110, 15)
7. S2,00,1001vx1 IStuA - 26 w.r, At 72 1" W.......
4, b.
w lun,a In 0$184
IEx[TII
.AV lar bv.ruA I"a-- rot "`ufr.a for Cm...l Cal
5. t.tIMAKd At 90,00{
t0 COSt Kt10f
196tlm Da.as.
pr MSlawtt how. • 10 of "l. OSCS1a1w At 49 pr Y1a,
6. 00,00,00 Inilbl I, nnlotw a 4%p.......
7. foul of color. 7,4,3, 3rd 6.
A 5
e. 7 elYlba
2M 1,72:1.00
curCal
by A.tInIN nArA S
0. Current raA ... ...... or !,50,09
....
209 2.5281.00
tW N .T 61 Yy,
......m
10. h..d m vat" Amu! at 3.30:000
.30:lb.. n1A 10.045 In 190 prol.Ctnt to
11. 17148.$1 frm OeOt
LO%
W $0.0575
SrrrI [9wt. 0A a SSr�nOaf
12. 1. 1 of to loan 10 .rd 11. (for Rimm Ian, only'.
1REa [YEN RAR
17. InConA IMy .W.IA prnmt w.lh of alum I2 r1997
It. cote IW .9J.I. a n Inbr..p
1.0211.00
Surtln
pI..mt wan of Cal"7 e put" A ry I, 1990,
13. all(., M. of alum 15 nlm 14, 0.901$ Stn Int.r.a. Atnt 1,
Lrw
Iry
1, 1990,
4975
ti
REVENDE/EXPENSE S3..ARY TOM . r,36
IN Eatatatlar at.,
IOW CITY. Ida I., I.[h.b[]S
..RMLECIRIC PROJECT I.d Sete 1E
CCRAWfUt MILL CAN Color" dll9mlar Bade
North 9, 1967
ESIIWTED AVERAGE ANNUAL IRODUCTld Or 3,500,0001900
1 2 3 4 S 6 7 8 1 9 10 11 12 13 14 Is
ESTIMATED DEBT 1
EST. 90.50. ANNUAL SERVICE 1 NET
ANNUAL 600. TOTAL COST "CHASI POWER RESERVE CREDIT COSH SEVIMOS
At. DEBT AOS 1 DEL. O,YSR ANNUAL PER CREDIT OMIT Ido TOTAL 1 PRESENT PRESENT PRESENT
YEAR YR. SERVICE Cd. [OSIS NNIS =IS RVR 1 PER S11M MIS INTEREST OMIT I MIN NEW IN "To
1900
•
aa1 •5169,000 SO {14,000 •530,000 5233.000 50.067 x••50.059 520,300 ••~•SO 5206,500 $192,991 817,757 •124,766
1991 2 516,000 30 514,056 01,200 814,186 00.067 30.00 5220,953 SO 5220,955 5192,991 5204,606 •111,618
1992 3 S17,o00 50 S14,112 212,"6 sus,s60 30.061 W.W W6,422 0 sz36,422 116,991 sin'ut, 5704
1993 4 1189,000 W 114,IM 93317" 836,912 50.061 1 soon SM2,971 W $252,971 1 5192,991 516,n9 112,252
1994 5 $119,000 SO x4,225 935,096 836,321 30.06 so.on sz",6n 30 1270,67 1 5192,991 $169,920 $0,071
1999 ID 5169,000 f0 514,512 u2,700 $246,212 30,07 30.16 937,"z 0 537,642 1 5192,991 Si25,16 U7,89
2004 Is s119,NO So 614,605 SS1,952 Szss,n7 W.0n 6.152 $532,467 so 5532,467 $192,991 592,691 $100,73
2009 20 1119,000 0 115,10 563,204 $M7,307 30.076 0.213 5746,811 " $746,613 $192,71 169,07 S1M,913
. I 2014 2S 50 SO $15,407 576,900 192,307 30.OM 10.299 $I,W,4" 0 !1,67,4" 1192,991 617,007 1175,96
2019 30 W SO 615,711 $93,56 809.27 50.031 0.420 t1,469,N4 fO 51,"9.094 1 f18,991 114,356 f1M,635
2024 35 30 SO $16,035, 5113,66 Itzo.w 0.0371 30.50 $2,06,46 6 52,06,46 3192,991 $12,10 616,6)
I
207 40 0 ED $16,353 616,492 SIS4,60 6.044 30.66 12,69,930 0 52,69,930 1 $192,991 110,341 $16,650
734 43 $0 SO $16,67 $16,496 $185,16 30.053 $1.151 ",053,218 30 54,053,27 $192,991 30,817 116,173
2019 50 30 w $17,0245205,000 $222,024 6.00 $1.624 $5,M,931 30 55,64,9311 1192,991 67,531 $16,453
1. flrat full per of plant .pared. Mot. 110/11 10 COST "TIN
3. $2,000,000 bond Team • 20 Year. at n true Intere8 rate.
4. 10 fudd In bad eat. far R. sadr ret repJlrN for Cenral Cbll0atl. Dada.
S. Eefrated at $0.004 pr kllgeatt hour • TO of Into oealatd at ARS pr Year. 2009 1.4911.00
6. $30,000.00 Initial O,M E R ea[.l.td at 4s pr Year. 2039 3.2611.00
T. Total of Colum. 3,4,5, and 6.
8. Colum 7 dlvldd by eatfaatd average .meal pOdctim of 3,300,000 INA.
9. Current rate m ea[alstd at at n par Year. (lose rata M.ONS In 196 prole[td to b 30.0595 BREAK EVEN YEAR
10, bad on ame..m.I product]. of 3,500,000 k1A.
11. Interest frm Debt Soda ConragO at • rate of O5 (far Rmav Rancho arty). 1995 1.03tl.00
12, lob( of [alum. 10 ed 11.
13. 1.. Pia ep.h1 Prean worth of aolbn 12 Conµtd at M fnbra.t, et.,ting January 1, 1990.
14. Coate M purl. Pralpt North of [alum 1 caputd at n Inlare8, at.rII, IN., I, 17D,
15. Bitter., of Colum 13.5. 14.
I
3 fso
`I
AGREEMENT FOR ELECTRIC GENERATION,
DISTRIBUTION AND SERVICE
1-
I
J
1-
i
J
61
-I
RESOLUTION N0. 86_—
J RESOLUTION AUTHORIZING AND DfRECTING
CITY CLERK TO ATTEST AN AGREEMENT FOR ELECTRICAL GENERATION, DISTRI-
BUTION THE MAYOR TO EXECUTE AND THE AND SERVICE BETWEEN THE CITY
i IOWA-ILLINOIS GAS 8 ELECTRIC COMPANY IN CONNECTION WITH A IOWA 'CITY PRO-
OF IOWA CITY,
JECT TO ESTABLISH A HYDRO-ELECTRIC GENERATION PLANT AT THE CORALVILLE
RO-
_J MILLDAM SITE ON THE AND
IOWA RIVER.
1 WHEREAS, the Cit
constructing a hydro-electric Iowa City has undertaken
on the Iowa in order generation Plant attthetCorelvillethF emilldl�ty of
water River to provide 1
treatment plant electrical
and energy for use at the am site
WHEREAS, the Cit ' City,s
Company, Ordinances electric franchise
Company shall N°. 86- 3296 with fovea-Illinois
Purchase ' if request provides at Section Gas 8 that the
-� °r wheel electric end a City, enter into an g thereof that the
other City facilities; and energy Produced agreement to either
at such a generating 9 facility to
form f'thee"Agreeme t for Ed the lectrical Generation,
negotiated such an agreement
hereto and made a part hereof Generation in the
, and Distribution and Service,"
WHEREAS, said Agreement by its teens is
the above-referenced franchise ordinance b become
J J the Cjty of Iowa Cit effective upon approval
I chise; and Y, and will run concurrentle City Council and voter °f
I y with the to voters of
WHEREAS mn of said frau-
in the bests Cere Council has been advised
meet with Iowa-Illinois Gas 8 y of Iowa City tl Iowa,
that it would be
Of the Cit
Electric Company, , to execute said q
NOWthe ,.Agreement THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY gree-
Of and Which i's Electricalt. Generataion, Distribution and Service '
is attached IOWA that
and made part hereof, is hereby
AND BE IT FURTHER RESOLVED aPProvedaasope
ized and directed to execute attesthe aY respective) hereby author-
On behalf ofr and City Clerk are
the Cjty of Iowa City, Iowa, Y, said Agreement g eenent for and
It was moved b
Zub
the Resolution be adopt
and upon roll ca�dj seconded by McDonald
AYES: there were:
NAYS: ABSENT:
X_
Ambrisco
Baker
Courtney
X_ Dickson
� McDonald
— Strait
i Zuber PIK
a APProveo
i el D°Pa ni
YAr
al
PagelZtion No. 86-290
9
Passed and approved this 9th day of September
�^� 1.9.8.6.
YOR �t7
ATTEST: T /
CITY CLERK
3 as
—"1
I
-I
Vd.`
—t-
AGREEMENT FOR ELECTRICAL GENERATION.
IDISTRIBUTION
AND SERVICE
This Agreement made this nth day of September 1786, by and
between the
City of Iowa City, Iowa C{
( Y), a
municipal corporation, and
Iowa -Illinois Gas and Electric Company (Company),
an Illinois coPporation:
PART I GENERAL
lA,
City will construct and operate an improvement to the City Rater
Treat-
ment Facility, being a Hydro -electric
l
generation facility (Hydro -electric
Plant)
in conjunction with the existing Coralville Milldam
on the Iowa
River, The Hydro -electric Plant will produce electricity for
the primary
purpose of furnishing the
_I
power necessary to operate the City's Water
Treatment Facility,
B. The Company shall provide interval recording metering equipment to deter-
mine the output of the City's Hydra -electric Plant, said equipment
,�
to be
the property of the Company, The City shall pay a monthly
excess facili-
ties charge for such metering based on Company's investment in such
JJJ
metering as set forth in Part 11 of this Agreement.
The City shall pay
Company for any electricity used in
excess of that generated by the
City's Hydro -electric
�-
Plant based on said interval recording metering and
existing metering at the City's Water Treatment Facility.
I
-
C. While it is anticipated that the use of electricity by the City's Water
Treatment Facility will always exceed the output of the Hydro -electric
Plant, the City will not limit production of electricity to agree
-
with
consumption,
D. Company will continue to serve City's Water Treatment Facility and
any
requirements of the Ilidro-electric Plant under its filed tariffs
for all
electricity used in excess of that produced by the Hydro -electric Plant.
-I
Vd.`
II
1
z
E. City shall submit electrical plans and specifications of the Hydro -elec-
tric Plant to Company for review, comments, and recommendations. City's
generating facilities will have electrical qualities compatible with the
Company's electrical system and City will make any future corrections
required to maintain compatibility.
F. City and Company will enter into an Operating Agreement to assure optimum
utilization of facilities of both parties. Upon execution, such Operat-
ing Agreement shall be incorporated by reference and made a part of this
Agreement.
G. Terms and conditions of this Agreement shall be subject to the Rules and
Regulations of the Utilities Division of the Iowa Department of Commerce,
or such regulatory authorities having jurisdiction and the approved filed
tariffs of the Company.
H. The terms and conditions of this Agreement may be modified by letter of
agreement.
1. Any provision found to be invalid shall not invalidate the entire agree-
ment or release either party from its obligations under this Agreement.
PART II GENERATION CREDITS AND DELIVERY CHARGES
A. Company will deduct from the City Nater Treatment Facility billings a
credit for the electric output of the Hydro -electric Plant, as measured
by interval recording metering. The amount of the credit per Kwh for
energy generated by the Ilydro-electric Plant will be determined as the
average price per Kwh, including energy adjustment clause charges, but
excluding excess facilities charges, taxes, and other charges not di-
rectly related to demand and energy uses, paid by the City for the Nater
Treatment Facility retail electric uses during the same time period, as
adjusted for minimum load factor. This average price will be adjusted to
reflect a minimum of a sixty percent monthly load factor if the load
3 �s
r
r
3
factor at the Water Treatment Facility for billing purposes is less than
Such credit
during percent• time period chall lor not exceed the amount paid by City,
9 the same
Facility, electric use at the Water
Treatment
R• City will Pay a delivery charge to Company (
generated demand and eor the delivery of electric
nergy thru the Company's system to the Cit
Treatment Facility, This charge shall b
y's Mater
amount of demand Output ° dro-e based ec the maximum monthly
generated
meas-
ured on a 30 -minute interval b p °f the Hydro -electric Plant,
osis usingas g. The
monthly deliver interval recording meterin
generated y charge rate shall be $2.77 per kilowatt of maximum
demand per month, initially, and shall change as a
subject to approval of regulatory commissions
having
g Jurisdiction,
C• City will pay to Company excess facilities
ties required charges for any excess /acilf-
the to connect the City's Hydro -electric generating facility to
Company's electric distribution system in excess of that permitted
under the Company's Rules and Regulations. These charges shall be a
monthly charge of 2S of the Company's investment in such facilities,
including, but not limited to, interval recording metering,
PART III PROTECTIO11 OF THE PARTIES
A. Company will endeavor to supply, but does not guarantee, uninterrupted
service of generally acceptable standards in
Of service for scheduled and the industry, interruptions
forced outages, repairs and maintenance,
Interruption of purchased power, and force maJeure; conditions
customer's premises dangerous to Person,.
9,
an a
or others; and re ula Property or service to the City
tory requirements, shall not be Y
on Its part of the Agreement, a each of Company
O• For the equipment and use of electricity on the City's side of the
Of connection with Company's distribution s
Point
hold harmless, and indemnifyCpm an Ystem, the City shall defend,
againsCompany- Its officers, agents and employees
damage, any loss, damage, expense and liability resulting from
damage, injury or death of any person or
Property .
Dcrsont including but not lim-
04 As
4
— _
ited to employees of Company or City, or damage to
I
property of Company or
City& resulting from or arising out of or in
any way connected with the
installation,
_
inspection, maintenance, testing and use of the City's
i ,I
generator, except for claims caused by the Company or the.percentage
of
comparative negligence and fault of the Company. The
—
l
Company has the
right to participate 1n its own defense at its
own expense.
—
'
C. For the equipment, distribution and use of electricity on the
Company's
side of the point of connection with Company's distribution
_
system, the
Company shall defend, hold harmless, and indemnify City, its
_
officials,
agents, and employees against any loss, damage,
-
expense and liability
resulting from property damage, injury,
or death of any person or per -
Sons, including but not limited to
employees of the City or Company
resulting from or arising out of or in any way connected with the instal -
_I
lation, inspection, testing and use of any generation facility, sub-
-
station, transmission system or any ether system or device
owned or
operated by the Company, except for claims caused by the
City or the
percentage of comparative negligence andfaultof the City. The
City has
the right to participate in its own defense at the expense of the City.
D. llothing contained herein shall be construed as affecting to
any way the
right of the Company to make unilateral application to the
-�'
Utilities
Division of the Iowa Department of Commerce
1
or any successor agency for
changes in rates, rules and regulations
IL
under Chapter 476, Code of Iowa,
1985
and pursuant to the Division's Rules and Regulations promulgated
thereunder.
E. This Agreement shall be subject to all rules and regulations
of regula-
tory authorities having jurisdiction as they may be
changed from time to
time.
I
5
F. Company is granted the right to install,
I
repair, maintain, and inspect
suPPlemental metering
equipment, at its expense, in order to gather data
about this
—
I
system. Such data may be used in proceedings before the
Utilities Division
of the Iowa Department of Commerce and other
ate
appropri-
authorities. All data will be
Iquest.
made available to the City upon re-
—I
G. Company will not interconnect with the City's
facility prior to review of
the facility's equipment to
i
ensure appropriate safety equipment has been
installed to
_
protect both Company's distribution
`I
system and the City
facility from abnormalities
or component failures that may occur within
either the City facility or
Company's distribution system,
PARC IV TERM OF AGREE14EIlT
A. It is understood and agreed by both parties that the
Company's obliga-
flans under this Agreement are expressly conditioned
upon the granting of
a franchise for the
furnishing of electric service in the City of Iowa
City, This Agreement
�j
shall be for an initial
shall term of fifteen years, and
commence
J
upon the effective date of the
Company's electric fran-
chise with the City of Iowa City
(Ordinance fl,. 86-5296). If, within one
If,
year prior to the
expiration o/ said the voters and City
Council of the
—I
City grant to the Company, and the Company accepts, an
electric franchise
J
for an additional term of years, then in that event
this Agreement shall be
renewed and shall continue in effect for the term
Of said additional
franchise, or for an additional term of ten
whichever
years,
is less• Thereafter, this Agreement shall
continue in effect
from year to year- unless terminated
by either party upon six months
notice in writing, In the
event the Company no longer furnishes electric
service in the City
of Iowa City, then it is mutually agreed
that either
Of the Parties may terminate this Agreement.
I
Sir
6
B. It is also understood and agreed by both parties that the City's obliga-
tions under this Agreement are expressly conditioned upon the construc-
tion and operation of the Hydro -electric Plant by the City. Should the
Plant not be constructed and placed in operation for any reason, then it
is mutually agreed that this Agreement is null and void.
C. This Agreement may be terminated at any time by mutual agreement of the
Parties,
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
signed in duplicate by their duly constituted and authorized officers and
their respective corporate seals thereto affixed on this 9th day of Sent -
ember 1986.
CITY OF IOWA CITY IOWA -ILLINOIS GAS
AND ELECTRIC COMPANY
B By:
Mayor President
ATTEST:
ATTEST:
City Clerk S cretary
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-I
rC
CORALVILLE MILL DAM
HYDROELECTRIC PROJECT
PRELIMINARY FEASIBILITY REPORT
FOR.
IOWA CITY, IOWA
SHM-NATTM ENQSEM$
CEDAR RAPIDS -DALLAS -DAVENPORT -DES MOINES -DUBUQUE -IOWA CITY
"1 PLATTEVILLE-ROCK ISLAND
3?4r
�.P
II
10 ,
1-1
ri
J,
CORALVILLE MILL DAM
HYDROELECTRIC PROJECT
PRELIMINARY FEASIBILITY REPORT
FOR.
IOWA CITY, IOWA
SHM-NATTM ENQSEM$
CEDAR RAPIDS -DALLAS -DAVENPORT -DES MOINES -DUBUQUE -IOWA CITY
"1 PLATTEVILLE-ROCK ISLAND
3?4r
CORALVILLE MILL DAM
HYDROELECTRIC PROJECT
PRELIMINARY FEASIBILITY REPORT
FOR
IOWA CITY, IOWA
Prepared by
Shive-Hattery Engineers, Inc.
March, 1987
I hereby certify that this report was prepared by me or under my direct
personal supervision and that I am a duly Registered Professional Engineer
under the laws of the State of Iowa.
homas M. Hayden,P. March 3, 1987
Iowa Registration No. 7597 Date
I
J SHIVE•HATTERY ENGINEERS....
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J SHIVE-HATTERY ENOINEERS.�,
13
INDEX
SECTION I
Summary of Conclusions
PAGE
SECTION II
Comparison of Systems - Inverted Siphon
1
vs, Conventional Submersible Systems
SECTION III
Project sizing, Output and Costs
3
J SECTION IVPower
S
Sales/Credits - Iowa -Illinois
5
Gas and
Electric Company Agreement
SECTION V
Financial Analysis
SECTION VI
'^
Johns on,.County Conversation Board -Site
Lease
9
or Acquisition
SECTION VII
^
Environmental Review
13
SECTION VIII
_1
Project Schedule
15
18
APPENDIX I
Trials -
I
Revenue/Expense Summary
JAPPENDIX II
Agreement
for Electric Generation, Distribution and Service
— ATTACHMENTS
5 pp
=I Proposed Project Layout (in envelope at back of this
Six -Month
report)
Progress Report - April 29, 1986
Six -Month
- Attached by reference
Progress Report
I
- October 31, 1986 - Attached by reference
i
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J SHIVE-HATTERY ENOINEERS.�,
13
SECTION I
SUMMARY OF CONCLUSIONS
The following is intended to be a brief summary of the conclusions and data
presented in Sections II through VIII of this report.
SECTION II Comparison of Systems - Inverted siphon versus conventional
_ submersible systems
I Various
plantsiting. It was hdetermined that cthe emost efeasibleglocation iseatpwer
othe
west end of the dam. Refer to the Proposed Project Layout included at the
back of this report. Bidding for the turbine and generator system and the
development of the total project costs and output will determine the
- specific type of system selected.
determined that the inverted siphFor purposes of this report it was
on
for obtaining cost and project output system is acceptable and was utilized
data.
;j
�f SECTION III Project Sizing, Output and Costs
The project is expected to generate approximately 3,500,000 kilowatt hours
of electricity per year. All of this power could be utilized at the
existing water treatment facility which utilizes approximately 4.1 to 4.4
^i million kilowatt hours per year. The estimated project cost in 1989 is
$2,000,000.
SECTION IV Power Sales/Credits - Iowa -Illinois Gas & Electric Company Agreement
The City completed extensive negotiations with IIG&E that resulted in the
Agreement for Electrical Generation, Distribution and Service dated
September 9, 1986. This agreement has an initial term of fifteen years
with provisions for renewal subject to renewal of their franchise. The
agreement provides a credit to the City on a retail rate basis for power
generated at the hydroelectric plant. The terms of this agreement are
favorable to the City and establishes the ability of the City to achieve a
long term benefit from the hydroelectric plant.
SECTION V Financial Analysis
The determination of project feasibility is primarily dependent on the
variables of bond type and interest rate, credits from IIG&E for
-- generation at the plant, the interest rate for investment of current funds
and the total project cost. A sensitivity analysis was completed using
-1 numerous combinations of these variables and resulted in thirty-six trials
_ or sets of circumstances.
i
1
SWE•HATTERY ENOINEERS.�. 3 7S
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`1
Only the trials using two and three percent power purchase escalation
rates, which includes general inflation, resulted in benefit cost ratios
of less than one at the end of the bond payments. Only two trials
resulted in a less than one benefit cost ratio at the end of fifty years
of operation. Based on this analysis, the project is feasible at this
time.
Depending on the final variables at the time of construction and
financing, the plant can be constructed and placed in operation with no
increase in water rates. Further, the major benefit of long term highly
stable electric rates due to the essentially inflation proof nature of a
hydroelectric plant is made available to the City and the water consumers
through the development of this project.
SECTION VI Johnson County Conservation Board Site Lease or Acquisition
The time spent negotiating an agreement with IIG&E and revised FERC
regulations require an extension of the project time schedule referenced
in the agreement between the City and the County. A revised schedule
should be reviewed with the Johnson County Conservation Board so that the
terms of the agreement could be appropriately modified. The proposed
revised schedule suggests a target date of September 1, 1987 for reaching
agreement with the County on rights to the Mill Dam.
SECTION VII Environmental Review
The principal issues raised by the environmental agencies contacted deal
primarily with fish migration, fish mortality passing through the
turbines, impacts on the river bed environment'and impacts to recreational
fishing. It is anticipated that the environmental impacts can be
minimized to an acceptable level or suitably mitigated against. A final
determination of the level of these impacts cannot be determined without
additional environmental studies. These studies are required for the
project in conformance with the Federal and State rules related to this
type of development. These additional environmental studies would
determine the true project impacts.
SECTION VIII Project Schedule
_ A detailed project schedule has been developed which considers the
environmental study/review process, FERC license activities, bidding and
construction. It is anticipated that the project can be completed and
operational by January 1, 1990.
I
y
i
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SHIVE•HATTERY ENGINEERS.... �'S
SECTION II
COMPARISON OF SYSTEMS - INVERTEED SIPHON
VS. CONVENTIONAL SUBMERSIBLE SYSTEMS
i
Shive-Hattery Engineers and Tudor Engineering Company completed a preliminary
feasibility study for Coggon Municipal Light Plant at this site in 1984. A
conventional power plant was proposed at that time to be located at the east
end of the emergency spillway. Project costs were computed based on the
_ existing dam as well as the existing dam with the installation of three foot
J flashboards. The installation appeared feasible only with the three foot
J flashboards added. In addition, the location provided numerous problems
including:
I�1. Difficult access through private property.
2. Construction of a transmission line crossing the river.
IJ
3. High cost per kilowatt hour generated.
4. Major environmental damage to the wetlands immediately upstream and
downstream from the emergency spillway.
While cost is a majorconsideration, the environmental damage potential must
i have highest priority in the consideration of power plant siting. Based on
experiences at other hydroelectric plants in Iowa and the potential for
environmental damage due to a plant constructed at the east shoreline, it was
determined that this alternative is not acceptable at this time.
The next obvious location is in the existing concrete and timber dam next to
the west shore. This provides ready access through the restaurant parking
facility this and greatly minimized the potential for environmental damage.
connecion to the
Iowa -Illinois Gas a&�Eleon ctricd Company (IIG&E) tranes an mediate smissiontsystem.,All this can
—I be accomplished with minimal long term disruption to the restaurant parking and
related activities. The greatest disruption will occur during construction of
the power plant.
A report prepared by NNW, Inc. for Johnson County Conservation Board in
November 1978 indicates the existing dam is founded on rock at a very shallow
depth. It appears cost effective to consider an inverted siphon type system as
compared with a conventional submersible system because this would limit the
amount of rock excavation, dam removaland associated cofferdamming and
dewatering activities. This further simplifies the power house construction
requirements and the maintenance of equipment.
3
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SHIVE•HATTERY ENOINEEAS.�.
3 7r
It is anticipated that alternative turbine and generator systems will be bid.
Final determination of the type of turbine and generator system will be made
upon analysis of the cost for the power house construction as it relates to
each alternative system, costs of the systems and the guaranteed output of the
systems. For purposes of this report it was determined that the inverted
siphon system is acceptable and was utilized for obtaining cost and project
output data.
4
SHIVE•HATTERY ENGINEERS....
3 7.f
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SECTION III
PROJECT SIZING, OUTPUT AND COSTS
SHIVE•HATTERY ENOINEERS.�.
69 7s
`I
The inverted siphon system may very well not be the
chosen for installation at this facility. However,
system that is finally
it was determined to be
ite, flows nd head Preliminary
wereiobtainedsbNewtEnglandrEnergysDevelopmentaSystems:
7
from quo
turbine and Inc. (NEEDS) fortes
generator equipment. Based on the available flows and head, it was
determined that from one to three turbine
—
and generator
this facility.
sets could be placed in
The optimum project,size including two turbines was
comparison of total
computed based on a
J
project costs to kilowatt hours
three turbine installation was more
generated per year. The
expensive per kilowatt
two turbines because of the limited flow available in
installationturbine
hour generated than
the river. The single
because themajorfixed costs esuch saseaccessorywelectricalhequipmentrdonnot
change regardless of the numbers of turbines installed.
_
The preliminary estimate for project costs is as follows:
ESTIMATED COST
Land and Land Rights (Public & Private Property)
Structures, Improvements &
$ 50,000(1) i
Dam Repairs
I
Turbines & Generators (367 kw/turbine)
Accessory Electrical
482,000
640,000
Equipment
Miscellaneous Power Plant Equipment
100,000
Subtotal - Direct Construction Cost
Engineering
40 000
& Construction Management
Environmental
16 7,000
Studies
30,000
SUBTOTAL 1986 Construction &
Engineering Costs
Contingency (10%)
1,509,000
_
Financing & Legal Cost 0%)
151,000
Interest During Construction (1 year @ 7$)
Interest Income
50,000
116,000
on Invested Bond Funds
(6 month average @ 7%)
<58,000>
SUBTOTAL 1986 Total Project Costs
Escalation to 1989 @ 4$/year
1,768,000
221,000
SUBTOTAL
Rounding
1,9 89,000
11,000
TOTAL 1989 Project Cost
2 000 000
=
5
SHIVE•HATTERY ENOINEERS.�.
69 7s
`I
Construction Purchase or lease of t
he damonand permanent utility
ianticipated
yandaccesseasements awill mbeorequired across
the restaurant property, The cost of these easements should be well within the
estimated cost provided,
The anticipated output is approximately 3,500,000 Kwh per year for the two
turbine installation. The cost per kilowatt hour generated for the one and
three turbine installations are approximately 15 percent higher than for the
two turbine installation.
C
SHIVE•HATTERY ENGINEERS..,
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SECTION IV
POWER SALES/CREDITS
IOWA -ILLINOIS GAS & ELECTRIC COMPANY AGREEMENT
Iowa -Illinois Gas & Electric Company (IIG&E) was contacted in February 1986
regarding a power credit arrangement for the water and wastewater treatment
facilities similar to that which is in place between the City of Cedar Rapids
and Iowa Electric Light & Power Company. Subsequently, IIG&E proposed that it
would purchase the power from the hydroelectric plant based on the regulations
and rates established by the Iowa Commerce Commission. The rate of $0.065/Kwh
established by the Commerce Commission has been ruled invalid by Iowa District
Court. The court ruled that a specific rate had to be set for each individual
'j utility in the State of Iowa. The Iowa Commerce Commission has appealed this
jj ruling to the Iowa Supreme Court but a final ruling is not expected until at
least mid -1987.
The project feasibility became very uncertain at this point because the
"avoided cost rate" quoted by IIG&E is in the range of $0.02/Kwh as compared
with $0.065 as previously determined by the Iowa Commerce Commission. Any
calculations using the $0.02/Kwh purchase price determined the plant is not
LJ feasible. At the same time, basing feasibility studies on the $0.065/Kwh rate
should be considered optimistic in light of the District Court ruling.
LJ During this same time period, IIG&E was attempting to negotiate a renewed
franchise agreement with the City. During these negotiations the City was able
to reach an AGREEMENT FOR ELECTRICAL GENERATION, DISTRIBUTION AND SERVICE with
IIG&E which is essentially patterned after the Cedar Rapids and Iowa Electric
Light & Power Company agreement. Under this agreement, the City will receive a
credit on the electric bill at the water treatment facility in return for
J generation at the hydroelectric plant. A copy of the agreement is attached as
part of this report.
iThe
effectagreement ifor
ainitial term of
ivedateoftheelectricfranchise.
Itealsa
oprovides ears nfor gaurenewal of
J the agreement if the City grants IIG&E a renewal of the franchise within one
year from the expiration date of the franchise. This arrangement should
J provide for a continuation of the agreement for the life of the hydroelectric
P
In summary, the agreement provides a credit to the City on a retail rate basis
for for powergenerated
continuoust
he electricservhydroelectric
oei
cetothewatnagreementlant. The
ertreatmentfacilityalso regardlesseof
the operation of the hydroelectric plant. Further, through the payment of a
r
SHIVE•HATTERY ENGINEERS... 3W
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small delivery charge to IIG&E the City does not have to construct and maintain
a transmission line from the hydroelectric plant to the water treatment
facility. The terms of this agreement are favorable to the City and
establishes the ability of the City to achieve a long-term benefit from the
hydroelectric plant.
0
SHIVE•HATTERY ENGINEERS,.,.
37s
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SECTION V
FINANCIAL ANALYSIS
Any financial analysis of a hydroelectric project must consider numerous
variables. The most important variables are the expected interest rate on
project bonds, the term of project bonds and the power sales or purchase credit
prices with an associated escalation factor. For purposes of this analysis, it
is anticipated that either thirty year revenue bonds or twenty year general
obligation bonds would be sold to finance the entire cost of the project. It
is further assumed that the first full year of plant operatio,; would be 1990.
Seventy-five to eighty three percent of the cost to produce each kilowatt hour
is the principal and interest payment on the bonds. Therefore, the interest
rate selected for the bonds becomes critically important. For this analysis
j rates chosen varied from five to nine percent.
.J
The agreement with Iowa -Illinois Gas & Electric Company (IIG&E) provides for a
power purchase credit based on the retail rates charged for the water treatment
facility. This credit from IIG&E accounts for nearly 100 percent of the
expected benefit or credit to the City for generation at the plant. Therefore,
the anticipated escalation rate on retail power purchases, which includes the
general inflation rate of all utility costs, becomes as important as the
estimated interest rate on project bonds. For this analysis, rates chosen
varied from two to seven percent. The U.S. Department of Energy and the Energy
i Research Institute anticipate that energy rates will increase from 0.25 percent
to 2.2 percent above the general inflation rate for the national economy.
In order to determine a true benefit to cost ratio for a project such as this
it is necessary to determine an interest rate for investment of current funds
necessary to obtain a future designated return. The selection of this interest
rate has a lesser impact than the escalation rate for retail purchases or the
bond interest rate however it is of significant importance. For this analysis,
the rate was held at a constant 7 percent.
Other revenue and expense items must be considered including the generation and
delivery cost paid to IIG&E, operation maintenance and replacement costs and
interest on the debt service reserve fund. Each of these has some impact on
final project feasibility however, they are very small as compared with the
power purchase credit and the annual debt service. Therefore, in the following
analyses these escalation factors and rates were not adjusted but were held at
rates that are deemed appropriate at this time.
The final principal items within this analysis are the final project cost and
project output. The project output is considered reasonably accurate because
of the known river hydraulics. The project cost of $2,000,000 is also
considered accurate, but is subject to some unknown variables. A $250,000
SHIVE•HATTERY ENGINEERS.... 3 7.f
decrease in project costs results in an improved benefit cost ratio. This
improvement is variable but generally amounts to 0.10:1.00. For a $250,000
increase in project costs results in a poorer benefit cost ratio, also in the
range of 0.10:1.00.
Based on the number of variables involved, it is possible to create hundreds of
different combinations of variables. However, in order to provide a reasonable
sensitivity analysis, thirty-six trials were run using various combinations of
bond interest rates and power purchase escalation rates. These trials are
included in this report in Appendix I. A summary of the results for these
trials is shown on the Tabulation of Revenue/Expense Summaries on page 12 of
this report.
The benefit/cost ratio for each trial has been provided at the end of the bond
payments and also at the end of an expected plant life of fifty years.
_ Further, the break-even year has been provided for each trial. The break-even
year is that year in which the total costs of operation of the hydroelectric
plant up to this date are estimated to equal the total credits for the
equivalent power which would be purchased from IIG&E if the hydroelectric plant
was not constructed. After the break-even year, the project costs are expected
to be below the estimated power purchase costs from IIG&E providing an
increasing total net benefit to the City. Benefit/cost ratios greater than one
indicate projected benefits exceed the costs indicating a feasible project.
Benefit/cost ratios less than one indicate costs exceed the benefits and an
unfeasible project.
Column 15 in the Revenue/Expense Summaries indicate the net savings present
worth. It can be determined from this column approximately when the project
^ would begin achieving a net dollar savings to the City. A general statement
can be made that the first year of net savings occurs very early in the life of
this hydroelectric plant. Every year after this provides additional net
savings.
It is anticipated that water utility revenues would be used to finance both the
revenue and general obligation bond issues. The negative net savings in the
early years of the project require the City to provide these costs from some
source. This source could include increases in water rates as necessary to
JI provide the additional revenue. Other sources could include any net water
utility revenues available to the project or from any other net revenue funds
available from other City sources. It would be possible to bond for an amount
exceeding the actual project construction costs. These additional bond
- proceeds could be used to offset the negative net savings in the early project
years. This procedure would slightly reduce the project benefit/cost ratio but
would allow the project to proceed with no increase in water rates due to
increased power costs. Based on 1988 project water system revenues the maximum
rate increase would be just three percent and the average for all trials is
approximately one percent. These percentages would decrease in the following
years until a net savings actually occurs. The final determination of bond
type and amount will be governed to some extent by the management objectives
relating to City and water utility financing and rate programs.
10
SHIVE.HATTERY ENGINEERS... 3 7S
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■
One of the greatest advantages of a hydroelectric plant is the long term
stability of costs to generate each kilowatt hour. This occurs because of the
very low operation and maintenance costs which results in an essentially
inflation proof source of electrical energy. As an example, a review should be
made of trial #7 estimated costs per kilowatt hour under column -8 and the power
purchase credit under column 9. This trial is selected as a reasonable actual
occurrence of eight percent revenue bonds and four percent power purchase
escalation. Note that the cost per kilowatt hour generated by the hydro-
electric plant increases only 28 percent from 1990 to 2019. Also note that it
drops to one-half of the projected 1990 cost in the year 2020 when bond
payments cease. Over the thirty year period from 1990 to 2019 the power
purchase credit per kilowatt hour increases 211 percent and becomes six times
_ higher than the expected hydroelectric cost per kilowatt hour in the year 2039.
It is this long term stability in electric costs that makes hydroelectric
facilities such as this attractive as an investment for the future.
II Because of the variables involved, any project such as this can be shown to be
iJ feasible or unfeasible depending upon the parameters chosen for the variable �•
factors. The sensitivity analysis for this project indicates that it is not
n feasible only if the projected power purchase escalation rate, including the
effects of general inflation, is only two or three percent. The great majority
of trials selected for this sensitivity analysis indicate the project is
financially feasible at this time. {;
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SHIVE•HATTERY ENGINEERS.»
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SHIVE•HATTERY ENGINEERS..,.
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':,F!
TABULATION OF REVENUE
& E2U'II4SE
SUN¢QIZI ES
BENEFITo
BENEFIT To
'
CATIO @
COST RATIO BREAK�
BOND
POWER
TRIAL
OF BOND
END OF PLANT
DUEREST
PURCHASE
-,
PAYMENTS
LIFE (50 YRS) yEAR
BOND
RATE
ESCALATION
_
I
TYPE
R)
RATE (%)
i
I •- 26
2.3728
3.61
'
2.22
3.40
7%
7%
30
2.08
1990
3.20
REV1990 .
7$
25
2.01
1990
2.81
REV.
9%
9%
7%
32
1.93
1990
4.00
Rte,
-I 27
1.89
1990
2.64
G.O.
5$
7%
s
34
'-
1.82
3.80
G 0.
6$
29
1.77
1990
2.491.72
6%
7%
31
36
3.11 1990
REV.
-. 33
1.72
1.62
3.62 1990
G.O.1990
5%
6$
35
1.53
2.95 1990
G.O.
7%
6$
7s
4
1.48
2.82
1.93
G.O.
7%
6°
J
1.40
2.27
G O.
6$
86
1.37
1991
1.80
5%
5$
-. 20
1.32
2.16 1998
REV,
8%
5$
3
J
1.27
1994
G.O.
6%
5%
12
1.27
1998
g•
REV.1.67
7%
4%
15
1.25
2003
1.83
REV.
9%
24
1.24
1993
2.05
G.O.
5%
4$
�i 7
1.18
1997
1.44
G.O.004
7$
5$
19
1.18
1.73
8$
4%
'- 14
1.11
1997
1.49
G.O.
6%
23
- 2
1.11
1.65 1998
2002
G.O.
5%
3$
11
1.10
1.27
G.0.
7%
4$
18
1.10
2011
7%1.35
6
1.05
1.42 2005
REV.
9$
4%
-...
13
1.02
1.18 017
G.O.
6$
3%
22
1.00
1.23 2010
REV.
8$
1
0.99
1.35 2010
2%
10
0.95
1.05 2026
G.O.
7%
7%
3$
17
0.95
1.10 2024
may,
7%
o
2s
I 21
0.94
1.17 2013
G p,
9%
-- 5
0.89
1.12 2018
6%
2$
9
0.88
0.98 2039
G.O.
7%
2%
0.82
0.91 2039
REV.
2%
REV.
9%
9%
2%
J
12
SHIVE•HATTERY ENGINEERS..,.
3 7s
':,F!
SECTION VI
JOHNSON COUNTY CONSERVATION BOARD
SITE LEASE OR ACQUISITION
The City reached an agreement dated March 7, 1985 with the Johnson County Board
Of Supervisors and the Johnson County Conservation Board. The principal
aspects of this agreement included the following:
i
1. Johnson County agreed not to compete with Iowa City for a
,i hydroelectric project at the site and agreed to cooperate by making
any existing reports, studies or other materials available to the
i
City.
2. Iowa City agreed to complete a feasibility study within six months
from the date of the preliminary permit approved by the FERC and to
7 determine if it wishes to proceed in developing a hydroelectric
project it would file a license application within 14 months after the
preliminary permit is granted.
3. The City would keep the Conservation Board informed as to progress of
the feasibility study and provide the Board with copies of all
documents related to environmental issues, benefit cost ratios, plant
I size, power output and costs.
4. Johnson County agreed to negotiate with Iowa City in exploring
t transfer of possessory rights to the dam if it is determined that
production of hydropower is feasible. This agreement is to be
completed no later than eight months after project feasibility is
determined.
Since this agreement was made in March 1985 several circumstances beyond the
i control of the City have extended the project time schedule. These include new
FERC regulations regarding consultation with resource agencies prior to filing
of a license application and the extensive negotiations with Iowa -Illinois Gas
& Electric Company (IIG&E) regarding a power credit arrangement for electric
use at the water treatment facility. The agreement with IIG&E became the most
important issue relative to this project because of the IIG&E position relative
to power purchase. The project was determined not
on an avoided cost purchase rate which may very lisufficiently feasible based
sufficiently
be subject to change by
the Commerce Commission or the courts of Iowa.
The subsequent agreement with IIG&E now makes the project financially feasible.
The resource agency consultation requirements adopted in March 1985 by the FERC
can now be addressed.
13
SHIVE.HATTERY ENGINEERS,..
5 7s
I
-I
:r
-I
The problem with IIG&E and the revised FERC regulations require an extension of
The project time schedule in accordance with the FERC preliminary
the project time schedule referenced in the agreement between the City and the
County,
Permit requirements does not require any change at this time. The FERC
preliminary permit is scheduled to expire November 1, 1988. Accordingly, the
following revised schedule as it relates to the agreement is proposed:
Completion of feasibility study, review by City and decision to proceed or
abandon the project - April 1, 1987
Preparation and filing of the FERC licence application - January 1, 1988
Reach agreement with the County on rights to the Mill Dam - June 1, 1987
This revised schedule should be reviewed with the Johnson County Conservation
Board so that the terms of the agreement could be appropriately modified.
14
SHIVE•HATTERY ENOINEERS.w.
- 3 Xr
-I
SECTION VII
ENVIRONMENTAL REVIEW
On January 20, 1986 a letter was sent to the governmental agencies that would
have to be consulted in the FERC license Pre -filing process per 18CFR4.38. The
letter was intended to advise the agencies that the City of Iowa City had
applied for a preliminary permit for the Coralville Mill Dam Project and that
this is the same hydropower project that Coggon, Iowa considered in early 1984.
Attachments to the letter included:'
J 15
SHIVE•HATTERY ENGINEERS,M.. e3
1.
Pages 1-10 from a feasibility study made in May 1984 including a
of the proposed structures, a proposed site plan and
Jdescription
preliminary structural drawings, a description of the proposed power
plant equipment, a description of the proposed project operation
rj
comparing the operation as the dam now exists and with three foot
high flash boards, a headwater and tailwater curve of the existing
dam and with the flashboards, the head versus discharge curve, a flow
F"
duration curve and a power duration curve.
2.
Plates 1, 2 and 3 from the preliminary permit application filed by
the City of Iowa City, Iowa on October 23, 1984 with the inverted
i
siphon and location added to the plates.
3.
Location maps and a site plan.
4.
A 24" by 36" print of the structural plans for the dam.
5.
A schematic diagram of an inverted siphon.
I
The agencies
contacted and their response to the letter are summarized as
follows:
'1
U. S. DEPARTMENT OF THE INTERIOR - Fish and Wildlife Service
By their
letter of February 12, 1986 the Fish and Wildlife Service (FWS)
referred
to their letter on the Coggon project dated March 7, 1984. In
addition,
it stated that additional details regarding the proposed project are
necessary
so that they could properly assess the consequences to fish and
wildlife
resources. They further noted that the fat Pocketbook pearly mussel,
—
a federally
listed endangered species, was collected from the Iowa River within
the City
limits of Iowa City during the summer of 1978. An assessment
7
regarding
project impacts to the endangered species is required.
The March
7, 1984 letter essentially details the FERC license pre -filing
requirements.
This letter also states four specific study needs which must be
addressed
before completion of the license application:
1.
Instream flow needs of the river below the project dam.
J 15
SHIVE•HATTERY ENGINEERS,M.. e3
2. Effects of hydropower operations on recreational use of the area.
3. Effects of hydropower on the reservoir, fishery and surrounding
wildlife habitats.
4. Effects of the project on downstream aquatic and raparian habitat.
IOWA DEPARTMENT OF WATER AIR AND WASTE MANAGEMENT (Now the Iowa Department
Of Natural Resources)
i. The Department did not respond to the January 20, 1986 letter. The DNR -
response was essentially provided by the Iowa Conservation Commission letter of
PI - March 31, 1986. However, the IDWAWM did respond to the Coggon preliminary
I permit by a letter of January 11, 1984. Four general concerns were listed
including stability of the dam due to construction of the power house, effects
on upstream and downstream flows due to operational procedures of the dam and
Power house, public safety related to the project, and the definition of a
working relationship between the owner of the dam and the developer of the
hydro plant. The letter further requested that feasibility studies identify
water quality and water related use activity i
the facility. mpacts upstream and downstream of
�j IOWA CONSERVATION COMMISSION
f I'
Stated that the dam was a popular fishing area and that Walleye, White Bass,
Channel
andLargeaMouth BassFarehead moderatelyhare abudat ad abundantninnthenarea. Inn orderPike,Caie
tor
assess
ll and comment on the project they require trash rack designs and intake
velocities at the trash racks, and need to know what precautions will be taken
to assure angling access will not be affected and information on the proposed
excavation at the site.
U. S. DEPARTMENT OF COMMERCE - NOAA
-National Marine Fisheries Service stated that the project area does not contain
fishery resources for which they were responsible and therefore they had no
comments to offer.
U. S. DEPARTMENT OF THE INTERIOR - National Park Service
National Park Service did not have any objection to the project and encouraged
coordination with State and local officials who are knowledgeable of the
existing recreational lands in the area.
U. S. DEPARTMENT OF THE INTERIOR - Office of Environmental Pro'ect Review
Office of Environmental Project Review stated that they have no comment at this
time.
_I
16
SHIVE•HATTERY ENGINEERS,.. 3%r
U.S. ENVIRONMENTAL PROTECTION AGENCY
Did not respond to the letter.
IOWA STATE HISTORICAL DEPARTMENT
Division of Historical Preservation stated the proposed project would have no
effect on known historic or other cultural resources and recommended the
project for approval. If any items of archaeological, historic or
architectural interest are uncovered the work should be delayed so the Office
I of Historic Preservation has time to determine the significance of the
discovery.
J
IOWA COMMERCE COMMISSION
Found no items within their authority that would constrain or prohibit
development at the site.
U
J
I
J
17
SHIVE•HATTERY ENGINEERS..., 49 ��
SECTION VIII
PROJECT SCHEDULE
The following FERC, Johnson project t
ountyand hthe lvarious e is senved ironmentalaresource oagencieseinvolved
on this project. This schedule should be periodically reviewed
when
appropriate.
and updated
Review and Approval of the Feasibility Report
by the City
March, 1987
FERC License Pre -Filing Environmental Study/
Review Process
April 1, 1987 thru
December 31, 1987
Negotiations with Johnson County on Site Lease
or Acquisition
April 1, 1987 thru
June 1, 1987
Filing of FERC License Application
January 1, 1988
Receive FERC License
July 1, 1988
Design
April 1, 1988 thru
January 1, 1989
Bid and Select Turbine/Generator Supplier
August, 1988
Bid and Select General Contractor
February, 1989
Complete Construction
January 1, 1990
18
SHIVE•HATTERY ENGINEERS..,.
-I
j TRIALS - REVENUE/EXPENSE SUMMARY
3
�j
IJ
J
J
-I
I
EEVcr£1EaP05E EJ'WAY
irui nacml
409
1
iscalana rain
10.5 CITE, IOW
Parr Rurmna:2t
hYLRLE1ECTRIC P01EC1
Dow Rate 7%
OOKLVILLE PILL DM
Aeveme Boras
ar
J"1 "1 12, 147
i
ESTIMED MgAW,0 hePh PA0011CTION OF 3,5430,000 A$N
OVER iFSFR,E
7 9
10 II
12
I3 14 IS
ESTIMATED 191
I
AV1L6 E511PATED o0.ER
41"L SERVICE
I0.V'aAL
CED7 W(y1CId TOTPL1AOY6E
OVER iFSFR,E
1
CREDIT [OSTS 50.VINS9
PUNT DEBT SERVICE 1 DELI6ETY O,6IA W11LCREDIT
CREDIT FIJO
TDTI1. I
AVZT PKM%T PRESENT
qlW:UM�44E
YEAR YEN SERVICE 03V WA COSTS COSTS COSTSER RW
COSTS INTEREST
CREDIT 1
IORTO WITH IDATN
1990 1 1175,000 w 114.010 530.000 219.40.019
1171,500 112.250
1183,Iso:
6171.1191101.673 -$32,9641991
2 1177,000 00 IH,036 531.200 1200,23610.0'4
❑74,910 fIL60
1107,1601
/163,4901152,380 -4&8501992
] 1175.000 00 $14.112 531640 {721,500 00.051
1176,429 114250
1191,6791
1155,6516180659 -625.2101997
4 1175.000 00 $14,166 $33.744 120&912 0.052
1181,977 $12.250
1194.2171
114e,14 6170,05a 461,868
1931 5 1175.000 $0 $14.215 535,0i6 1724,321 00.0641 00.053
$185,637 6122M
.1191,0671
$141,091$159,938 418.647 i
1939 10 1175,000 w $14,512 612.7u0 122,212 10.066 1 $o.D59
1201,92 $&250
217,200 1
1110,418 118,045 -,7.627
2001 Is 1175.000 00 114,&15 $51.952 $211.757 00.0691 w.o3s
1226,291 MAW
1236,6411
186,458 SALA -n,:(6
2009 20 6175.000 00 615,103 16120 1233,307 10.072 110.011
$249.043 612.250
1712.093 I
$67,71D 165.459 2.270
2011 6 1175,000 10 174407 176.94 $261.307 40.0761 10.019
1275,647 11&250
am, 0171
$SLOW 049.251 53,03
2019 30 1175,000 w $15,715 193.560 1244.278 $0.061 1 10.087
1101,337 /187,2'4
$431,807 I
M/.607 537,345 127,267 .,
2024 35 00 w 116,035 1113./2-9 $129.863 00.0171 10.036
1136,256 10
0036, 2!61
111,455 112.167 119.771 1
'
y/
21123 40 00 00 116134 $60.492 118.530 60.001 $1IV6
$371.254 w
m1.241
$24.752 $10.341 114.152
2034 45 w w f16Ed7 1160.196 1185.187 10.0531 w.117
Wd,894 10
1407,6941
119.516 $8,617 SIM99 I
2039 50 to $0 117,024 12 .OW 222,021 60.063 I l0.te•1
145156 $0
$4P -MG 1
$15,363 $7,537 ,7,816 1
• t. First full year of slurs aeratla 1990.
6.7i.fiT
TO NSC FdT105 ,
3. 2,175,000 Dom ma- 30 gran at 7t tree interest rate.
4. 1175,000 fumes in mro wit for Revmu Boma- rot reaulna for Bmeral 0el1Satlon 6omf.
5. Estinta at w.604 we Rllu$t hour - IN of this nalatel ata far
2019
0,951140
year.
L 20.000.00 iridal 0.71 5 R Mullin at 44 far year.
7. Total of Mims 3,1.5• aro 6
2039
1.0311.00
L Colm 7 ateaees or 11tintea areran amwl omcua len or 3.54.00 M.
9. Current nn 001 $mates at at 2t far yelp, (fite rase 10.0.3 1n 1986 wolns11
to or 10.0491
BIEW EVES )FAR
10. 6me We avenie amnl oresactlon of 3,54.OV0 bre.
It- Interni fra Ieos Serval C4van9e at 4 rate of 71 Corr Arvna Gams mlyl.
2026
1.01:1. 00
12. Total of colum loam It.
13. Innfa JN 119111 weseht wrtn of mi. 12 Mime at 7$ interest. $artirg Januar
1. 1991.
14. Com RV e74411 arellnt wrth of chit$ 7 collum at 7s aternL twtim J1n9ary
1. 1790.
15. Differeme of wi m 13 time 14.
3�
Box
E:M
ON
F-WLEIEIPEMSE 5tY.✓,. Ay
.
FOR
Trill nmaert2
IOW CITY. IVA
Escalation at,,
NARCELCTRIC NOJECT
Finer Puma ... 3%
mFfiVILLE MILL DA
Bow Rate 71
January 12, 1997
Revers" Bonn,
E57"o"D AlEFAal: ""A 5'OVMIOM D 3.500,000 M.R
I 2 3 4 S 6
7 1 9
10 I1
12 13 14 15
ESTIMTED [ETT
AVVA TEST GEWA.171W
FCiEs
Talk I PUR04GE
AWkSERVICE
RISER
NET
PIAv7 C®7 3WICE A DE1IVEA/ O,nIR
kock 1 CAEDI7
6�
MO
CREDIT COSTS ERyjDS
YEAR YEAR SERVICE cmvb E COSTS COSTS
COSTSCJ7EDIT
PER KW
Cdtti
70TH. 1 PRESENT PI S�,I 0805019
INTEREST
CREDIT 1 16M WAIN WRiM
1950 1 1173,000 $0 611.01 130,0120
1991 2 1113,000 w $11,056 /11,200500
*219,000$0 10.051
6178,
,1501 /l7&2711191,673 ~26,/021992
3 6175,000 $0 114,112 IS&4/B
1221,'#0$0, 10,054
$I&250
$196,105 1 1171.aA 1192,380
1175,000 w sI/,160 $3175
19%
1242,912 10.$0.056
$169.8371 1&25064`01,621
11161,117 180,BK--*2�89/
5
1931 7 1175.000 10 $14,26 635,0%
*224,321 $0.10.057
6195,052 fl&476
tI= 250
1197,32 I 6158,150 !170,058 -111,903
1200,90.7 11&250
$217,19 1 $151,915 1159,938 17,962
19" 10 $1751000 w 114,312 5&700
622,212 10.$0.067
122.90E $1&250
1215,152 1 6124,627 1118,043
2001 IS 1115,000 $0 i1/,805 fs1.99
'41.757 10.W.on
1269.977 Il&240
16,578
*282,2171 t10&211 127,621 111,676
009 20 1173,000 w 115,103 $61244
'57,301 10.10.063
1311001 11&250
1325,251I 121.051!65,459618,5922014
25 1173,000 W 113.447 676,9X1
$267,307 10,w. 194
16&68 11&29
$375,104
1 $69.113 149,251 119.81
2019 30 1173.000 $0 $13.718 03560
'a4,27d $0.010.119
520,647$187.250
1607,8971 $19,82 $37,345 $42,313
201 35 $0 w $16015 6113,828
1129,667 10,0371 WASS
587.615 W
581,6451 145,671 614163 $33,511
_0 40 10 10 616.3:8 111&4.4.'
•'
1141, 610 IO.ON I w.IK
/Sa5,314 $0
1X4314
1 1.77,7:2 $10,341 $27,411
2031 45 0 0 116667 116.3,4%
flu'la7 0.091 W.Id7
569.35/ 10
169,1311 $31.25 5,817 M3a6
2039 9 w $0 617.00/ '125,0120
I
',2,024 ".063 1 10.217
1759,733 w
059,733 7 &M791
17,97 $18.251
1. first fall par of ul"t coera0m 1990.
3.',175.0.0 soba ISam • .w Years at 11 trul Interest rate.
KbUIT TO 051 ARTIOS
4. 1175,000 fund" In Oona ule for Reverse Babas- rot
Mum for Sawa] Wlt9atlon "bae.
3, Eltleat" It ".001 Pee Al l4 tt Mur - to Of this
"es11t" it 4% Per Year.
& 13VIOACO initial 4M 1 R owslat" at 4%Par year.
019 1.10140107.
Tata of "mins 14,5, a" 6.
2039 1.2111.00
8. Colum 1 alvlceo by Sepn
Settees" annoy) 1"11or -"]on
of 1500,000 614,
9. Carront rate .1 "alit" at at a% ser Year. Ida' rate 10.0.3 In 1926 aolect" to ca $0.0511
10. Stns on avmp amwl mum ton of 15~0.000 1w.
SAW EyLI YEAR
11. Intern free Clot Ssn1ca Caveage
at a rate or 71
12. Total of Col." 10 a" 11.
(for Revena Time only),
2606 1.0111.00
11 Iron T"' "316 Imer6 Win of "loon 12 eaout" a: 7f Interest, Starting Jabaary
14, Colts PIV local% orlsent swm of color, 7 ca"t"
Ica. Difference of colum 13 mmol 14.
1, IV%
al 1% Hterest, Harting Jamary 1, 1990.
Box
E:M
ON
■
Y >_
Jt
I A_M cE7E1CCVSE s➢tiir
FOR
inel nwowl3
IW CITY, 104
Euiiiuen roes
j
HYM:ELECTRIC NWEcr
ROvr Purne6M1
CORALV1tL FILL DAm
Dom Rite 7%
JIn-wY 12 1987
Revenue tori
HINTED A'.EFA-Yi EI.W,X RAOCUTIOt OF 3.9.0,004 NW
1 2 ] 1 5 6 7 11 1 9 10 11
12 I 13
A'Nn. ESTIroru I EWANXEO ERVT
11
I IS
.
WCafl ECDT 6EIEBITIOs I �� i2ra7. gR61LE
107(1 COSI I PIRt'WQ PLSSR ELpE
RIfr1T OEBi
I f�
--
SERVICE 1 DELIVERY OAR Reek PER I LREOIT (RFDIi illd
YEAR YFAT SERVICE CO.ERYE COSTS
I CU COSTS SAVIt49
10if1 I PaQBT
COSTS COSTS NIa RAEEai P�EQEnT
.vemvvvv.vvvmvvmv�mv®vv.vv.vvm ®OfA�W COSIS INTEREST CREOIT ( ROATH WRrH HAIR
1990 l 475.000 10 /14.040 W0.000 1219.000 W.C631 W.053 SIBS $12-M
1991 2 475.000 N $14.v% 111,2/0
$191.750 /19/,7501 1184,813 IM. 673-119,Do0
62v0.256 10.0611 sO.OX 4Y2.5 11240
1992 3 1175.000 N fU,li2 132 WD 'at W.C63I
$65,170 1 $179,203 1194360 .,13,177
-560 MOST WJ0, 657 st2250
1993 4 1179.000 N 11/,164 635.0% s2Q,9W 10.061 ( 10.060
61171 1171,779/180,659 -11080
—
12u11, 662 112270
1931 5(173.0(07 W 111,23 115,056 1121,321 N.M1;
{2p, 912 f /1615331170,OX -11,526
11.062 $217,009 IIZGO
1129,2531 463.42(159,978 11,321
�I
1993 1175.000 N 4/,SI2 $42.710 129,212 10.0{6 I 10.073 1261,024 112250
6276,27/ 1 1140.M11118,045
-
15
2004 IS (175.000 10 111.&19 111.952 $2/1,57 10.0691 N.fA2 1121,226 112250
WWII?
1337,/761 1120 W 147,Kt 111243
J
2113 20 45,000 N 115,103 163,20, 1251307 10.072 1 10.112 1390,821 42250
{103,071 1 1104,161 165,459 48,702
2010 25 115.000 10 45.107 MAO $261,307 10.0761 10,136 475,193 112250
$4117,7/31
2019 b 07510 N .0 115,718
199,1166 109.251 11,615
131560 12262711 10.11 (370.510 IIB7,ZA
1 I 10.165
1767, 7-01 11K SeS 137,34 161251
2021 35 s0 N 116435 6113,A28 1129,6043 14,037 1 10.201 1703,016
N
2029 N
0707,6/6 1 115.921 112111 151761
10 10 46.358 438.192 4x,650 10.x/ 1 50.215 1656.336 10
1 8X,376 1 157,166 110,311 106,&5
—�
2034 45 10 N 46637 1168,19- 485,1113 $3.0531 W,298 fI,C11,6e4 N 4,041,&1!
2031X N
49.647 18.811 610,790
_
N /I7,1Q1 1105,0001W,024 10.063 t 10.7$2 II,d7,Sfi6 N 11,267,566
1 143,032
I
17,537 144%
'
1, Tint full pa Of sign, maaclm 1990.
3. $2,15,000 mm M. - 30 tram &i 1% true Intent ram.
FWIT TO GIST R4TI69
1, 115,000 fuMM in be, ule fa Rem" Soror not ,%oven fsr Graral
Osllgitlon o-nL1.
5. cresetso at SOM4 far Delamt n,, - IO% of tsls eK411tM at 4%
J
ser yea.
6. 411000,00 initial 0.8 1 R -¢-Ines at I% 0,r tea,
2019 1.2711.00
7. Total of mlua6 34,5, 0,M 6
2033 1.5111.0i
_
4 Colum 7 riylrM by "tiara amnn
aural orocucl an of 1510.040
9. CMM IM.
Me u1 nCllatn it it Is
-�
ser (re
rex. x rue 10.013 m 1986 "Jwtm 10 m 104571
10. Dan o, nwagl amul ormumton of 15A.P'Ak..,
D
BEM fVfH YFAA
11. IMwnt ha dol &nim Cnengf it i rats of 74 Ifm Fevmm Some
12. Total of mlam 10 am 11. only,.
9978 6014.0 '
13. Irma P.V quail wont sale of mlusn 12 moulM at 71 Interne,
rtatinq 3muary I, 1930.
l/. Gua oVA eouah rant wren of Celan 7 caovteo at 7% intense,
_,
starting Jmviry 1, 193J.
IS. Oifferenm of mlum I] emus Ir.
Jt
■ _.
■
iYd,EYFOSJL14iY
'
7
FORR
Trial 1
10.+7 CITY. IRR
Fscalataon rtes
tithi
RYU%MCTRIC PWJELT
)veer Pumun51
1
CMLYILLE XILL 6N
boots Rate 71
AnmrY 14 1987
A"". Eoms
r
MINTED A',ERASE RIOX PROIIlCT10, 0: ].36,400 RIN
i
1 2 3 1 S 6
7 A : 9
,v«$1. EsnrArm
10 U
: FSit7ATm umr
12 13 11 IS
i l
R'aR/Y V3- T GWRATICI
RANT OUT SERVICE
PWU ANAR$7L SERVICE
TOTAL
PURCHASE AMR NET
IC
g
$ 0116ERr O,e1R
YEAR SERVICE 0MRR6i WS
RESERVE
q�T CREDIT Umlt rin0
cAEOir 68576 6f
®UR
111515
Wi15 TOTAL I PAESUT PRESENT PrtSEVT
YJN I�R� COSTS I7RUE91
1990 1 1175,000 10 611,OW $10.000
CRUIT I WATA WR01 WATH
!t
1931 2 6179,011 60 111,056 671,200
] Il)S�
6219,000 10.06) 1 W.055 1192,300 $12,250
176,236 10.0$1 1
6201,7301 0191.34 1204,673 y13,318
L. n
$0 114.112 002, M9
199 1 117 50 611,168
110.082
f,2+I,SCO W.(67I 0.02 1'123 Sam
6212.271 "2.i50
$214,3791 $187.243492.300 -15,137
$13,711
1991 S 1175.4010 w 111,715
1212,912 10.0641 172643 112.YA
1'11,0011 116I,2N 1180, 859' $2 365
Bp
SAO%
1993 10 $179,000
6221,321 10.061 1 p ri67 6213,985 112,230
2AOVJ 1 $179x331 0070,058 19,293
62µr235: /1715u26139, 936 111611
p tU,312 02.700
128,212 10.0!5: 10.
2001 15 1175.000
005 tha631 /12,250
$110,681 I SIMOA 111&Oq 009,991
1y
p 114.615 151,912
KII, 757 10,0691 10.109 1361,171 IILiSD
$193,7871 1111.111
{k I 1
�HI
LW9 20 $175,000 10 $13,103 163.200
625,7,307 10.0721
627, E2/ 151,959
g
2014 25 1175,100
fo.lu 1 46,138 WL2b
$496,616 I 1116,1170 165,159 $61411
I.
d
PAN
10 111407 176,94
c'G19 30 1175,070
1267„701 10.076 1 00.177 µW,132 112.250
167],0121 $116,645 119,231 16),391
p 113,718 /93.310
12d1,27d to. WL6 1191,316 1107.M
262/ u 10 p 116,0$
1979." 1 "'ILS68 437,345 $91,343
1113,828
6129,863 ".0371 10,689 $1,011,269 10 $1,011,2691
I.l
- 20fl p 10 p 116,32 1130.492
1134,630 1 0.0N
$34,716 112,167 12555
I�
20H Is p
I 10.369 6I, 290,665 " ",230,663
f µ6, 191 110,3/1 Ni850
I`
10 1IW7 6168.196
1168,161 W.0371 w./71 /t N7, 231 10 61,647.251
1
0073 50 p p 007,021 /217, 0010
6222, 021 10.E5J 1 10.681 1 2, 102,u7
$78,431 $8,617 169.614
p 62,121571
"1,370 7,537 µ3.e33
1. pint fall year of plant
�[t!
ow,11th 1950.
1 62,1754000 Otto INR, - 30 Years at 76 true interest
.1. 1173,000 fukq In wm
I
rate.
[EKED f0 MST RATIOS
u
Nle for A Not (ar 6rnerrl
1 Efttut" at 10.m ore "I. pros,
nunmme - 01 of-.
ealtgrtim
f this Waite
nca l+tM at 4%
6.tw,CW,W initial 0.6 C A ter year.
OW1:01 it 4% W y,,,
Tot" of 01um111,9,
2019 1.1At1.00
T
0. Co 7 py NO
0079 1.9LLW
.nj ..
atels a
Y. Carnot rat, w ncalRm at at 5} 1317,4'9 IN.
let ,I,tm at arnrm am"' oraauctton of
'
10. &Np nr vru. INN rat, $0.0,3 In 19,6 oOJettN to
udMN Of la rrt�r 871
U. Ictunt (m ON= Setvtee"CPunagf
M 10.4531
AaEiB fYEY IFAA
h
at
12. Total of 01uam 10 am 11.
(1" R#,.w 6681 ml, .
I3. Inmrr pry "'A", 0' "
1991 L0111. W
rm•m of 01usn IL earut0
154 fcm PW 0aab Pressor
a 7} ..tont, "arttnq January
,wlp of talar, 7 mmt" at
li Differs" of 0141'13
1, IY9J.
71 Interest rtutinq linear,
rims 14.
1, 1990.
P
I
iEWNAEJEiPEv5E SJrnwif
FOR
Treat nunaerl7
IOW CITY, I
Escalation rat,
NYOR.EIECTRIC PNJfCf
M
Al., P.Ma1n21
fA.iaEVILLE TILL MS
t0ro Rate d3 '
January 14 1967
perenue Faros
EST IrATCD R,EW k n,,,L pREMIIC, 6' 1M,ioo MW
1 2 7 1 S 6 7 d 1 9
10 II
12
13 N 15 i
AMT6 ESTVA1F0
ESTIMATED CEeT
j
A9eYl DEBT 6E'EFAIId I p'E-R
TOTAL CMT I PUR)W
An1te. SERIICE
pTER PiSER,E
YEY I
RtXi DEBT SERVICE 1 oFL1ERY O,nIR AWXI PER ( CREDI7
YEAR YFki SERVICc_ @,FAAGE CMTS
CFIDIi flip
10721. (
CREDIT COSTS SAvltSs
p.E_4�1T PRESENT p!ESFRT
COSTS COTS XY1 1 PER NW
.1990 eve
COSTS lhhREvT
CREDIT 1
WRTN WRM 19,2134
1990 1 $195.000 a IN,Oa 40,000 $M, WO w.a6e I $0.109
1991 2 1197,000 a 111.076 4120
4n,soo 41650
4e1IED 1
u73,on 6223.324 .w.3n� i
6210.2:6 x0.063 I x.050
1992 3 4sucto a $14. 112 4&448 6241.560 $0,0691 $0.OJI
1171,930 113.E50
$108,380 I
1161.713 9509,8/9 -say, 1'b
"""136
so
1993 1 1195,00 so 111,164 131744 1212.912 10.Oe9 ( 10.0,2
$17d, 429 43.651
/161.977 111.60
1192,0791
1156, -40.792
1994 S 1195.041 $0 114.225 0,096 $20,321 10.0701 $0.033
1167,677
119•.,07 I
11/9.793 465,316 -716,058
113.651
1191,2871
11440891174,197 -132.119
1993 10 1193.000 a $14,312 $4&7w 1212.212 10.0;2 1 IO.o59
1,%4. SA, 1t3.F78
121ELUa I
411.16 SU9.212 -117.062
20u/ 15 1195.0[0 a $14.9Y5 w1,9P 1261,757 10.0751 10,063
1225.291 113.65)
6234,911 I
.
46.% 114.873 -4,907
2)09 20 495.00 a 45.107 163,20 6273,307 10.0;8I 10.071
6249,813 611W
1263,4931
168.012 110,62a -12.536
2011 27 1153.000 a $15.07 $76,94 $281,307 /O,Oa21 x.019
1275,9,7 517.651
6299,1971
$37,73 132.9.16 1104
2019 30 493,000 a 45JId 193,50 1821,274 t0.9,7 I a.a7
40,317 Ko8.650
15131347 I
167,419 (39,972 127.416
/ 35so to 116,035 11131626 1129,M3 $0,471 0.0%
1126,1:'6 w
1376,2061
711./95 42,163 119,731
- 2029 a w $0 46.3:8 $138.452 5154,a3o 10.0,, 1 O.I(5
471.271I
a
471,234 I
•.'�
62/.71a 110,341 111,/52
2034 45 to w $161647 1164,496 $165,183 0.0531 $0.117
$403,894 $0
401.8941
$19.516 $8,617
2039 50 10 0 $17.024 1M.OW 12kk,o24 10.00 1 $0.129
113&2.5 a
14226 I
110,699
117,3 I
,37 17,86
1, Fine full Yev of Want (""tim 1990.
1 12.19"oo bend 410 - 30 "" at 64 ir"
SIOUIT TO COST R4TIOS
Intemt rate,
4. 495,000 funded in W, sale for Am," Sam,.
not remind for Ser n al Obligation "roe.
3. Eltlutto it Mork "r Rllaatt
AN, - I" of inti nulatM at It pr ysar.
I 6 401000.00 !natal 0.111 R eac1141d It
2019
0.8811.00
at "r Year,
7, Told) If nluan114,7, and 6.
2039
0.9d4.Oo
6 Celan ] Beam ler ntlnaim )reran amu, or"un In of 7.30,0001,44
9, Carrtnt Tau nt Haben n at 21 m Year. W, rate 10.0.5 in 1146 aolectM to"10.091
10. DIM on averp, u,,,I "=101 of 154,0(0 len,
BEM
CM IMit.
Interest few het Senver
a" Coverage it a rata or 71 Ifo, Revenue tome
Inlet.
12. Total of "Iwb l0 am Il.
2079
0.9431.01
13 IKSre W mels omen' wen of "lYrn 12 =Ilea It 7t Inbrnt, I:Ltlrg Joury
14
I. 1,,%.15 Cone XV "n"' '"'III wren of "hm 7 e"pnea n 1% mtane.
atA,tlnq jar,'"
13. olffemme of "Tum 13 nm, 1+,
1. 1930.
573
F
>.*
+EVd,E/Ea.EvSE SJCto4y
FN
Trial mew,
IOU CITY, IPA
Escat,tton rat,
HnASEIECIRIC PROJECT
(beer Curnaset3t
EAfviI.VILLE RII1 pal
bow Rate 01
Jam," 14 191
Retinue Rome
111110
A*"6E A -AE NOU7I01 U 7.54,000 8 4
I 2 3 • 5 6
8',011 ESTIrNfFD
AWS, GEST CEJERATIfNI
PLANT DEBT SERVICE 1 DaIVERf 0,111R
YFNA YEAR SERVICE 070EP.1Gi COSTS COSTS
'e®�®vm�e�.�eOtlm®me�TS
1990 1 1195.000 $0 114,[(0 /70.000
1991 2 1195000 w $14,0`.6 1131.20
7 /195.000 a 11012 12MB
1997 1 0493,000 a II/.168 113,7N
1994 3 049],000 $0 $14.225 135016
1993 10 6195000 $0 /11,512 1042,7(0
-004 1s t195,000 60 11.005 11,9x
2009 20 193,00) a 615,103 16120
E014 25 1151,000 f0 115.47 1694
2019 30 $195,000 w $15,71d 111560
-
2024 35 AD a 116035 1I17,fi28
_
20:9 0 s0 w /16.JU 1136.152
2034 45 a a 16,647 1U.4%
50
�� w w /171 uta 1201000
7 tl i tl 10 II 12 I 1 14 IS
I 371r,1Ti9 UTE ;
EAEi Wad1A SERVIU 1 NET
TOfa COST 1 WR46E ANER ReWNE VI
NrollA PER 1 CREDIT ' CREDIT C'CSTB pE EO T
COSTS CREDIT fIW TOTAL 7 IYmENT RRESEBI DeESFJ1T
RW I RRWL05T5 INTEREST CREDIT I YORTR IORM SMASH
1279.000 0.0681 w,OJI /I7d, 500 111650 /19[.1501 1179.579 fP.7.3u1 H/7.7x5
62$0,256 10.0691 1
O.DEj1992
1211,560 04.0691 W.054 /1119,7871 111650 $m.0211 1165,725/19/,183 •f�.460
124+.912 $0.0691 /0.056 1195052 111650 .316
124/,521 a.070I 04.057 $no, 907 43,657 0214.5S3 $:52,974 1152,971 171,191 -/216,2'/
1252.212 10.0721 10.067 12.32902 1116`4 R/6,5521 {1253651I2B,2t2 -128$7
1261. 757 0.876 1 $0.961 (269,937 11650 QUINT 1 61044 $34,073 $7,934
1273,301 60.0781 $0.089 gi100t 111650 /7266511 11.11! 170,678 113, 765
RB1, 3'17 14.062 t w.IW '361854 11165) 176,5)1 I 169.371 152,936 116,436
1301.27d 10.0871 $0.1X1 12t56a71006V1 1629,2971 12663 /19,972 12697
121.867 $0.0371 60.139 01, 645 a /181,6451 113.674 112167 137,511
1151,.9] sO.OA 1 $0.162 $!040.311 0 1'65,2/ I U7, 7:2 1110,]/1 17.!11
1165,183 0.053 1 110.187 1655„354 $0 65613106554S4 ( 11.201 1,341
171.326
$222,021 10.067 ( 10.217 17'.9.74 0 1759,7351 120791 17,537 116254
1. First fell paw of /I,t oxrallm 1990.
i 1 $1, 193, D00 Kw Islas - 30 years At 63 true wtemt rate.
1. 195.000 fumed in Bony all, for Rome Rome. bot Marred far &coral Oelapation some.
a Eelmtea it 1.401 W Nupnt mor - 101 or tn1 ,rata., ata Our y,r.
6 1000.00 initial Orae 1 A eeealatm at 41 Par year.
7. Total of roluen 3.1,3, am 6.
6 CDIM 7 0WIM by esti!(! aw"Re !mull Rccuni, of 154,00 RMI.
1. Current rate x11 ncalnN 4 at 3% oar yea, ideas rale $0.043 w 1%6 owJKIK to ee $0.0511
IO. DISK on average "'I grmel Km of 150,0(0 Rm.
11. Interest fru "N's Sentas Cn"91 at a rate m 79 (roe Rev,u bows onlY).
12. Total of velum to am 11.
❑. Immas RW mels Orean, wrw of whin 12 cuoutK at It Interest, starltn9 Leery 1, eft.
1/. CRS, AIV seta IS '"Sent 8orll of solum 7 emeutK at 71 Intern,, starting Jamary 1, 1990.
15 Diffem" of MI,, 1 name 1t.
WAIT TO MST RBTIOS
2019 I.ten.00
2079 1.1811.0i
91FA M4 1EAR
2017 1.001.0
>.*
F '
,,
TM
Ac1'Et6/EIDc'VSE SV,MIY
.
_
FOR
'
kul nim
' ION CITY, IIA
Elcalulon ntn
t
HYLK(LECIRIC PoEct
Po r Fe ISI1N
COYxvluf MILL PM
SAO Rate B%
1
Jmury le, 1937
Ananae BOw1
-
ESTIMATED I VV1,1 A*UX k U;TIWI tr 150,000
Ail
2 3 1 5 6.
7 tl 9
10 11
I
12 13
-
4VILIt. HINTED
ESTIMATED Dar
l/ IS
1
_.
AWAL Dal GENEIATIII I PWER ,Dnl%1, SERVICE
TOTAL CO5I I DJAI06E 07140;4 Ar5E1M1E
R7nT CTBT SERVICE
I
f�
I DELIVER] D,n1A O'MYL PER ( CREDIT CREDIT Fldl
YEAR SERVILE W/ERICiE� IS IB COSTS
I CREDIT COSTS BRYIWS
TOIL I PRESENT Rq}EAT NESEHT I
aYENI
AW I OeR
Ae _ IOM COSTS INTEREST
®
•1990
CREDIT I WRTH WAIN ]OATH
1 IIt,000m 0 $11,010 ,
1991 2 1195,000 � 1179 ODD WPI WW $10,500 $13,650
w /11,056 01.200 1240,256 $0,0691
$197,150( 11 121 127.761 -137,2/3
-'
IO.OSS f19L9W /11650
1992 3 111,000 $0 /11,112
1993 4 $195,000 0 $11,162 02•MB $14560 0.0691 0.007 1200`631 113,650
/2V6,570I 11�
wr/6".849-K9,ILT
1211,2871 $ITy921197,
r
..1991 3 IItr000 111711 121 912 40.069 f x.060 1208.662 I116t
$0 $14,225 %]5,096. 1214,
163 -R2.AT
12:312 ( 1169,601 1161,316 -115,715
Y1 40.0101 $0,062 s217r009 117,655
t230,6i91 1114,/57117/,157 -19r7/1
;-f
1
1993 10 195:000 60 111,512 NL7W 12Y,212 10.072 1 10,075 1261,(X1 tI1650
15 /195,0W w
R77,6H I 1 141,1`6 gBBr212 $149,
/14,805 $51,952 $81,737 $0.075 1 w.W2 /321,226 113,650
"3/,676 ( $121,371 034,873
E2001
J
2000 N 0trooO $0 115, 103 W,2W 273,300 $00741 0,112 1390,821 u1650
K6,jy2
2014 25 /195,000
$404,1711 11$,529 f70,fia $33,Bt
$0 115,07 176,9)0 12811307 0.Cd21 60.136 075,193 111650
$49,1431 $90,124 ISM, 976 "3,IeB .
r
NI9 W $93,000 $0 113,718 /93,560 13$,278 IN0871 10.163 1574510/ 149,650
..
/7870$0 1 SIU1401 139,972 163,135
2024 as w$0 $16,05 $IIJ"''4 . 1129,600 0.0371 $0.101 1103,846
0
1700.$61 165411 $12.163 I53,761
--� -'
2029 a 0 $0 116r38 1138.152 1114,8`4 10.04/ t 10.215 /8567.16 $0
1856161
M 13 $0 $0 $164617
$57,166 /10,341 ,6,815 I
116d,/96 1185,143 0.0531 $0.234 /1,041,664 w n10411e611
'
409,$07 $,ev $D,790
2039 SO w a 617,021 1200,002 12',2102/ 10.067 I 60.362 11,267,386 to $112671366
403,672
i 17,537 1n.494
-'
- 1. First fail year of ount waration 1970.
1 12,193,00 mrd due, - JO pan at 6%,roe 1nt"t rat,.
E9011' TO COSI 017105
-
1. 1195,000 f0td kala for puma@ Baa- not rwalrso for Bee,ral Obligation b,,,.
S. Fatllutp at $ SO0.00W 1 oar AI1wMt
--
nwr - IM of in,, Mulatto it 1% Per Year.
i 6 00.CKOD antiw REX I A ncalated at /% Cor Year.
2019 1.1831.W00
7To a of wlaan, 3,1,3, and 6
2039 1.4411.00
plain 7 divIdN 0 Mt Wtp
map annul Prwartion of 1500,0[0 Aw,,
9. C rate Yi Malik" at at 4%
I
W Yflr. IuN rat, $0,043 In 1986 Qo)mtw to N 10.053)
10. 14 on MMap annul IarodWtlon of 13VD,OW awl.
111" MR YEAR
II. IntarnI f,ae pot semi" C.Pape
at a rat, Of 7$ ifor Ravine, Bonr1 only).
IL Total of Cole," t0 am 11.
E001 1.01,1.00
11 Ircoe1 RPV Mull pMant -in
of Colour 12 Mt, at 7% Intrmtr fuming Janury 1, 1990,
14. plte PW caul$ orsunt win of colon 7 tvwtM $ IS InteM11,
-
Itarlmp Lnwry 1. 1990.
10. D1fIMmrs of Colum 13 .,,as 14,
,,
TM
W,
- I
1
PEWMAJEIPiME WNRY
trial nrartfi
FOR
Escalation rain
IOW CITY, 105324
pone' purma$n54
.y
HYDROELECTRIC PWJECT
Bow qts 8%
1
COAXVIEL MILL MI
Panw, Farm
January 14 1967
(f
ESINIED WIEWZ RV1NL PRODLCTION U 3.54,000 RW
1 2 3 4 S 6 7 A 19 10 it
12 13 14 15
T-
1 ESTIMATED MEET
;
{
AWOL ESTIPATED I POER Watt SERVICE
I MET
PI ,
RWA DEBT WE91TIM 7070. NST 10107323E AMR TESaVE
:T
t CREDIT CMTS YNI769
RAMT DEBT SERVICE 1 CELIVERf NPAR AM41L PER I CREDIT RAD
TOTE( I PK_SEMT PRESFM Pima
VERR YEAR SERVICE COVERAGE COSTS COSTS COSTS NW I PER RW COSTS INTEREST
CREDIT I WH 10RTN WITH
I
1990 1 1195,000 W 114,000 130,000 +2-9,000 w.tdA I moss +194300 113,650
1206,1501 4194 SM3,364 430,701
1991 2 $195,00 so 114,056 Wl,X4 '240,256 1.0691 10.058 620115 /13,650
1213,7731 116&466109,819 -121,361
1992 3 11'95,00 $0 114.112 132, 44a 1241,560 41.0691 W:OmI 1212,U1 $13,650
176,6311 M81, 3161197, 183 412,799
ti
1993 4 %95,000 w +14,166 03.744 112,91' $0.0691 t0.t64 022,643 11&650
19% 5 1145,00 w +14,26 1A O% 120,321 0.0101 W.067 1233,985 113,650
W6,4131 /!3&4191163,316 44,497
$441,6351 9171,Sw 0174,197 12,367
'
1999 10 0951000 w +14,312 42171 $322.212 $5032 I 40.040 12,8,631 +13.6.6
w14261 I 053,748 118&212 0&535
r+
2001 IS 119'00 $0 1141805 151,912 1261,737 1.075 1 W.10 1381,131 03.6'4
091,787 I +IU.019 134,073 40.216
2009 20 1!9!,00 q $15, 101 163.24 1273,07 IO.Oid 11,133 II116,410 I13-60
I5DO,O68I $129,232 S70,623 153,601
�
2011 ES 1195,00 60 f15,W7 176,910 1261,307 1.012 I min 16E0,832 (13.65)
$634,412 I 1116,9)3 $31976 419,7
,..2019 30 /19'000 10 $13,718 1939360 /304,271 $0.007 1 $0.754 17943'612x&.65) It.w1,Ou6
I 11311323 639,972 191,327
2024 35 to 1 $1&035 1113,623 +129,663 $J.U7 1 $0.289 $1,011,269 $0 $1,011,269
1 06718 12.163 SA555
I
- 2029 40 $0 10 116,316 1134,02 !154,&50 $0.0441 10.361 11,250,665 $0 11,290,6631
96, lyl 110,341 03,BW
a
1031 15 w w 116,637 4166,191 1101,183 0.4331 W.411 11,647,251 60 $1,647,2311
178.4i1 $8,617 $69,614
(y(f
ENS 50 W $0 117,024 12W,00 1712,024 10.063 1 10.601 1,111,357 0 14IU4357 I 171,370 $7,537 167,433
i
1, First full year of Went owatam 199u.
6ih711 70 CJSf 041105
[
i 1095,00 Bow Ina - 30 years at 63 true Interest ran.
i
4. 8%.000 fuwie In Dow Mile for Rrvmur Bows- wt rebates, for General Oa0gitIm M ws.
S Estaata, At 10,001 bar Wised ncur - 101 Of :his nal&tw at 40 on, Year.
NIS 1.0,1.0
& 04,600.0 Initial 0.M e R emalam 4 4% Mr year,
039 LWILDI
f3,{j
7. Total of Volume 3.4,3, aw 6.
& E41u1, 7 d1Y1NM by ntintw arerp. &Must PotuCtman or 3,M,OW Wy
9, Cam" nn n1 nM11tw It at 51 pr Year. tan rile I0-043 in 1906 misWed to n 1.439
64A WEN ,EHR
10, haw 124 "male arrml oroauWton of 3,54,00 Iw,.
11. Interest few Debt kmm Camels 4 a rate or 7s [for Revenue Mw$ mlyl.
19id 1.011.0
12. Total of Mian 10 aw It.
13. 1 c IN wuals resent Morro of toh. 12 M.min at 7t Interest, Ilartlnp Janie" 1. I'M.
1
11. Cast' P69 eb41a oment w tl, of Clue 7 enalw at it Mtemt, itlrt[n0 lanary I, 1990.
-
ISE. Differentia of MI.. 13 nes 14.
I
REYEMEYEIPLW E:MUV
-
FOR
Trial nswo
10.1 CITY, I"
Escalation Ntn
hY04'L'CIR,C 012071
Ta,er Gumnun2t
COI011VIC1E WILL LAW
mrd Fate 911
"Mary 12, 1987
Rewrnw Ionia
^ ESTIVIED
RVE"E A`rsal pfts;''TION Ov
I
3. SA,VO, Wil
I 2 3 4 5 6
7 B I 9
I- N'Iail esuputr2
10 11
I ESTIMATED Car
12 1 03 II IS
NA17 AW L rat BURATION
OaT SMILE
TOTAL �y I1 WEER wall SERVICE 1 FET
+ W4EA
1 1ECIVEBY D,MIR
YFR9 Yikq SERVICE CO.EW CHIS COSTS
RESERVE
fd:MW4. OEq
COSTS 1 [A217 CREDIT F1R0
MIT
107!1 1 flE8h7 COSiS SRVIn65
YYvYEL monoDO
"l
NIN I GER AW COSTS CREDIT I GNE>Ftlf RIMY
IxTEREST WREN
1991 1 1216,000 w $14,000 !30.000
130
1992 2 1216,000
1M0, 00 0.074 >��eme�am
1 W,049
WAM WAM
w 111,0% 031,200
1993 3 $0 $14,112
1171,500 117,120
0361,86 10.0751 "0.050 1174,930 43,129
/186,6201 1174,111034 4191 -168,57191
1
elfiloW
!993 4 2016,00 w $14,168
2062,560 17.4751 W.051 $178,429 113,12
1190,0501 1163,997 / 4
$��
1991 S 0316,00 37'711
- $0 $14,225 135, Dab
1'67,912 $0.075 110.52 1181.997 $1512
/193,5191 1157, W3 oe,44.3a •136,334
1197,1171 110,$0
1265,321 $0,0761 W, 033 485,631 $17,120
1201,$11-150,9p
/200, 731 1 /143,137
- ! 19% 10 1216,400 w M2,70
$189,170 •NI, 037
_
1 15 $216,0J
1277,212 $0.070 1 $0, 59 1244,958 II'�120
tt2Q078 I ftll,4] 438,887 •207,010
$0 114,635 151,95?
/282,757 W.IdI I W,0a3 2026,291 1151N
203 eO 115.00 $0
$2/1,4111 "7,496/101,404 -11/.9afi
$1 103
J 4 ULM
!21,30/ 110641 10.071 1A9.eU 45,120
i 2914 S 1216,00, w $15-07
2061,941 k8,1"d 036,055 -4,581
$76,9!0
Lou 2 1216.0vJJ
4M, 2T $J. (db 1 N.OM 1275,147 $15,120
209V,%7I 153,610 W6,&6 -4,IRi
w /13,718 "53,560
._ M4 37
136,278 10.031 10.067 404,$71201,120
tSi56771 170.370 42,731
W w 116,035 $113,628
i129,fi6J 0.037 I U.(% IlvN 86
207,6"
202 w to $0
W
1336,861 131.05 42,14 119,331
46,358 438.192
451,153 IO.ON 7 /0.1L6 $371,254 $0
471,254 1
- 2034 w 10 w 116,687 f1Ed,,9W
118$,14 0.4531
$24,792 $10,341 111,452
2039 0 w $0
4.117 /409,87, $0
1409,411 119,516 03,A17 40,699
$17,024 1M,OL0
1222,02, 10.0671 10,14 142,51A w
1/585561 113,34 W, 577 17,828
-.. 1. First full year of olanl owra,fm 1990,
3 20,216,00 mm n4e. ,0 yon at St true teternt
_ ! 4, 1Estitacm216,00 fumm m mm
rate,
BEIGIT TO DISI 161TIOS
aan for Revenue Domf• rot
5 at w,ll pr W0lMal
mulNO /or 6eNral Glig4im mors.
1 Wool
Wool - 141 of this n4latn ,t 4 pr Its,
w'"'0
I. 44,00,0 fort!$! 0,40 1 R
Mal at u pr year•
/, Total a/ roluml 3,4,5.
2019 0.6211.0
am 6
8 Glum 7 afvnn Wn
= I nntn
2039 0,9111.0
arrcan amus! pmu4n50
n of 7., 00 CM.
9. Lwnat rate Na nralatn
atat 21 pr "'r- (420 Nle 10.045 In 19th p03Ktn to of $0•4491
Io. Biwa m 1",;e annwl mmwtlm of 7.5.9,00 aM.
U. totemfm Got Srm
B�6lN 0.720 YEAR
Caverlge at a rate or 71
I 11
2. tool o/f rolmn :0 am it.
(for Rrvmw Boma 0n1r).
13. Immo p64 comb toren[
2020 0.9111.0
riq of rolum, 12 towutm 4 R ,"st,s 4unnq 1,
I), Con GiV eof'
a0rm Of coluen 7
9Ift 0.
ow0u[m at is mteNtt, rtanuq Lmary 1, 1990.
lS, hffrcenn of rolum 13 now 11.
_ m 13 mvy 1.
i
I
3 �s
V
I
I. fins fu11 par of plant aeration IM 6C-cFIT TO CST PATIOS
3. 2,21400 add Isla -3091111 at 9$ tra tnlemt rale.
I A. 216,00 forced in ata wle for Ftvmue Bores- me maim for Omer,[ 031191ttm Whoa.
S. Estluted it 0.04 per ulwat hoar - IOM of Inis escalates at 4% ar year.
6. 130,000.0 Initial %X 1 P escalated it 41 air per.
7. Total of alums 3.4,5, am L
S. Colum 7 divided by ntteata ,Terata aural arauction of 3,S0.O0D sur.
9. Gvrtm rat w1 nal,tl at at 3$ air Year. (jaw raw e0.M5 1n IS66 dalessed to to, 60.0311
10. Bases pat neral, anml "Milan of 3.50.00 6,a.
11. interest fres beat kuru Cevrrage at a rate or 1t Itr Rneha gam cnlrl,
12. Taal Of plan ID Na It.
IL IN, $w naw pnnl worm ae oluen le c"rjua at i, mterest. +wrung Jams,, 1. 119u-
14. Rost M ec,,.s omens urtn of colum 7 cha410 at id Interest. 6c,rtla Lorry 1, 190.
15. 0dfertm of alcor 13 nna 14.
2019 0.5111.0
2039 1.1011.0
6,EM NIR TEAR
2024 1.0:1.00
5'5-
FN6N.E/ECAUM S`.M0
Trial natr110
FOR
Escalitlm rates
TOUR C17f, INA
gowr Porra1,113$
"MCCCLarnic ROJECT
Bord Pate 9%
OpYVILLE MILL"
Ptarou BON'S
January 12, 19d7
HINTED
AEW
WW 4PCOLCTIM
ti 154,000 PW
1 2 3 4
5
6
7
a i 3
10 11
12 1
13 14 19
IMATED LEST
1
swat
ESTIMTED
I 104EA
A'eeH SERVICE
I
SET
FN,a1L k3I
6 piwla$TOTA.
COST 1 0(63462
KW XSEM
I
CREDIT COSTS SAVIWS
RAPT DEBT SERVICE
1 Cfl14EAf
(I,MIR
Rawl
PEA I CREDIT
CREDIT FIND
TOM I
Pf.L tT KMT PREERT
VEM YEAR SERVICE MARES
COSTS
COSTS
MIS
M I PER PIN
COSTS INTEREST
CREDIT I
WIN WAAH WM
1990 1 216,00
0 614.M
$30,000
6060,000
10.0741 MAN
6176,5)0 /15,10
119J,60I
61B0,9i3242,931 -160.07
1911 2 $216,000
t0 614,0'.6
01.20
$261,256
60.0751 20451
1197,555 615020
019&9751
1173,192622x,191 414,399
1912 3 216000
10 614,112
132, Ma
262,560
0.0751 0.054
4183,371 615.12u
$201,4911
6166,96 614,14 447,402
1993 4 216,000
0 114,166
143,70
267,912
$0.0751 Met
Il'E,052 $11120
210.1721
0160,M9 1201,331 -WT...4
1994 5 62166 Do
0 $14,76
13%0%
265,321
$3.0761 0.047
200,903 615,120
216,001
$154,0a 1109,170 435,149
1999 10 216,00
0 64,52
02,70
213,212
$0.0781 0.067
242914 65,120
244LY2I
$12610a2 1118,837 412.80
204 15 216,00
0 114,EO5
151,92
28'.,757
$).011 0.077
269,937 $15.120
1285,1171
610,30$102,40 MM
209 20 216,00
0 $15,103
23,244
254,307
0.0641 0.069
013.01 11120
1328,1211
21.793 $16,055 2,730
2014 B 216,00
10 $15.407
$76,94
208,301
0.081 0.10
132, MA 615.IM
217,9741
29.611 156,8E 11LB46
2019 N 216,00
0 $15,718
03,50
26,271
$0.093 t MUD
n20,N7 $231,14
$651,767 1
0S.6e1 142,731 642,89)
0024 35 0
0 s16,05
6113,28
$129.663
0.0371 0.139
$481,645 0
$487,6451
05674 sIL163 01511
029 40 0
0 $16.3:9
$138.462
1151,10
11044 1 0.12
1561,314 0
$565,3141
6J7.752 61D,341 en,411
W34 45 0
s0 116.617
1166.49.
1185,111
0.4531 0.167
$0,354 0
1W.354I
$31,2u1 2.811 2$366
7433 50 . w
0 $17,024
205,00
212,024
$0.0631 IU17
$759,735 0
1759.7351
21191 $7,537 110.254
I. fins fu11 par of plant aeration IM 6C-cFIT TO CST PATIOS
3. 2,21400 add Isla -3091111 at 9$ tra tnlemt rale.
I A. 216,00 forced in ata wle for Ftvmue Bores- me maim for Omer,[ 031191ttm Whoa.
S. Estluted it 0.04 per ulwat hoar - IOM of Inis escalates at 4% ar year.
6. 130,000.0 Initial %X 1 P escalated it 41 air per.
7. Total of alums 3.4,5, am L
S. Colum 7 divided by ntteata ,Terata aural arauction of 3,S0.O0D sur.
9. Gvrtm rat w1 nal,tl at at 3$ air Year. (jaw raw e0.M5 1n IS66 dalessed to to, 60.0311
10. Bases pat neral, anml "Milan of 3.50.00 6,a.
11. interest fres beat kuru Cevrrage at a rate or 1t Itr Rneha gam cnlrl,
12. Taal Of plan ID Na It.
IL IN, $w naw pnnl worm ae oluen le c"rjua at i, mterest. +wrung Jams,, 1. 119u-
14. Rost M ec,,.s omens urtn of colum 7 cha410 at id Interest. 6c,rtla Lorry 1, 190.
15. 0dfertm of alcor 13 nna 14.
2019 0.5111.0
2039 1.1011.0
6,EM NIR TEAR
2024 1.0:1.00
5'5-
r
375
`I
6EVEV,E/EOEwE EubAil '
909
IDA CITE. iM
Tnal nnW"ll
Escalation rat,
KnADE1ECIRIC pW3ECT
ED3UILLE PILL Ian
polar' RurCn+Iel4s
Bora Rale 9%
Jmmry 14 1987
W,true Nm.
ESTURTED
06ME
RViiAL 14ENW110Y W 15+0.000 Xbl
2 3 4 ! 6
EVyRa. eSTIrAIFD
AWA TEST GURTIDY
RMT VEST SERVILE t LE114E6f O,CIR
YEAR Yiai SERVICE (AVEp1GE COSis COSTS
m�m�"a'mome'+m�.>m�u.me
1932 1 1216.040 w 1I4,Cq 630.020
1991 2 1216,000 90 114,0520 111.10
1932 3 1216.000
19% 1 1216,000 $0 1110lE3 132. N,
991 3 1216.uW 10 614,71 $a $all"
5,
613
1993 10 1216.800 $0 /14,712 N2,lw
jE0a 15 1216,000 10 /14,815 151,9:2
2009 M 6216,000 w 113,103 163.25
2911 S 1216,040 40 $15,407 1761 9:0
. 2019 30 s216,090$0 43.71! /531340
1
.. _ Elio 3s w 0 46,035 411.628
..
21129 W u 90 116,3!a 11)!.452
W34 45 w $0 616,617 114,43'
2039 SJ $0 40 117,924 kM,000
7 ! I 9 10 II 12 I 13 a 15
I ESTIrATFD Lfbi I
1 Wan K.WNA. SERVICE I ICT
TOTAL [DST I RIR066E AUR WMhE I CREDIT OATS 52001406
6 PER ! fA6Dlr CREDIT iud 1901 I Rear PEAEAT pmew
COSTS RI0 I PER RYI IDsts In1E'tws'T CA7)li I WNTN WRM IgRM
k860,w0 $0.0741 W.017 /I6"Zoo 11572) 1240,620; 1_ Ia/,Ij5IM9f1 -/73,473
r2bl,46 90.0)5 I $0.W LU,, 920 113,120 120!0571 1181,7101)8,191 -116,y1
1162,560 12.0731 40.057 1240,637 /15120 1217,7771 1171,14 1c11,320 -131,205
1'912 $0.075 : $0.060 5203,662 1151cG 1223,7.2 1 /170,722 /201,377
069,321 0.076 1 W,062 /217,009 45120 1132, IB 1 116615M /1830170 423,6606
1273,21E 50.0)81 %0-0)3 1$4,021 45129 1279,144 1 011,93 14aa7 13,016
12&,757 WA411 &).032 1 .'260226 IIS 120 /136,3.61 6121,5071102,MN 119.423
k^4,397 t0.0e41 10.112 1 320,021 1151220 14050,11 /104,903 116,053 4B,A48
670.90307 O.WB I N.136 075,433 115,120 1191,617; 630.395 1.76&05 133.5)0
13a5.M8 10.0931 $0.113 sL&510401,120 MA9,650 I 405.359 112,771 403,62!
1129,867 0.0371 u.lot 1)03,2016 w 44,6461 64914 414167 153.761
1154,85) 10.0441 60.245 1 86.356 w 1963561 m,lEs 40,34 116,e5
11651181 90.0571 $0.292 4,041,e04 w f4041.Ai11 49.607 IA,817 $40.7.40
172,0E4 10.0631 90.362 4,E67,sf6 w 01,20,566 1 la10032 12,97 14494
1. lint 1211 year of blanc OW,,Ilcn 19)0.
1 120216,9$0 nom Late - SO ynn at N tru Intemt ntr.
1, 1216.000 turas In Dora lair for Aeuree 6mav mt rmmm for 6treral 03it910on bored,
3. Eltultw at $0.001 per "'A""bWr- Ia pf [NO nOlatm at It Der Yee.
6 1DJ00p0.T0 'Alt"' O,n / R mIlItm it 41 Air year,
7. iota) of wluvn 3,4,50 am 6,
e. Colum 7 alalew by ntlatm acer.ge amu41 covounlon of J.&A,OW IM.
9. Current rate en nca Ntm at at 4% pm Year. (daft rate 10,043 to 1966 arouaw top w.wl
I0. 4ue on avnre alnpal Muttlon of 3.520 ,040 t.n,
II. Inlemt fro, !em SONIC, Cownge at a rate or 714 (for Revenue Atm only).
12. Total of roloam 10 am 11.
4. Im„ PkV mils orate' norm of Cclum 12 CWutea it 7/ lnt.rn6 starting J4nwry 1, 1999.
11. Costs p6V eavals creunt WM of Colxn 7 tumtm at it interest, Starting January I, 1990.
I 4. Diffnem of CAM 13 mm, 11.
bWIT TO CIET R4710S
2019 1.1051.40
2039 1.3ir1.0J
BrEM EVEN YEAR
toll 1.041.00
375
`I
A vimjESPNE SP.V'y
FEE
'fill holK112
ICG CIT'. I"
Escalation at As
hy6Rh1ECTR,C PhwECy
Ozer Oa"noea5s
1
CGIMIUE RILL EtN
Dow Rab 9s '
Lnw" 12, 1937
Am rue Eons
FSTIMTfp At£bili FCV,YI 4900IETICh ' 3. M, two
I 2 3 1 5 6 7 3 1 9!
i
10 it12
4NgfL E6TInA(FD I FSTI.MTED KaI1/
1 17 IS
'-'
"A DEBT 6ETiNTIO4 I $ILEA ,Ynth SERVICE
HfwT OFBi 101,Y flit f PJA7f'iE ALLA RSEAiE
EEAV6E a COSTSE6Y
1 WT I
O,RId AKk AER I CREDIT
YEAR YEAR 6EEY'I[E NVEAOGE C0578 COSTS CREDIT Fl1D
C¢5T5
1 CREDIT COSTS 6AVIW8
TOTAL 1 NH6f11i ;AE.W
i !
yJea i P40NW COSTS INTEREST
1990 I R16_OOV
PYESC?
CREDIT I WAIN WAIN
.
" 111.0.0 $30.04 t40,t01 W.47/ 7 W.O53 /1®
19M 3 1216,tOJ p 111,056 wi,h0 "60""' ".0751 ",055 k'� 113.120
19U 3 1216. Quit
_M
k07, 6201 1191,037 U42. tit -,48,933
I
10 $20.112 131, 1.A k62,5" W, WS 1 W,031 � 3, sell
1993 / 1216,0w " /11,163
7.2,5 618%750 w6.641 I
$4744i
$2W.312
1431 312:6.000 p yl I $0,064 f2t2,AU $15,120
17211,331 I 118;306 U14- 327
0 1)
5.036 k6f,Y1 tJ.0761 W.Oo7 QA 54 $15,120
IN7, 9W I /181.511 $201,3)7 -t19 )97 '
1343 Ica 1216.uw "
1219, Io51 1177,618$183,170 -111,'%2
11/,312 202.7" 1273.212 10.0781 IO,OES /2Y8.6t1 $15,120
I
i
I
E001 Is ILIS, C4u "
*313,751 1 1155,1Y31',
138 887 40,608
J
fp.8J3 Is1,92 $282.79 fJ.WI t fJ.103 $381,137 $15120
2uw N k16,0w
09 291 110,6221101,/6/ 641.138
" $15. 103 "3'241 12x1,307 t0.Ce11 ",139 Ik 133 115,
G Ito
2011 C 1216.'01 " f:5. W7 f76,9A
1501.5.'61 /129.612 17160:1 $53,20 �
!
f3VA,5O7 10.468 ; $0.177 1'
020.612 W51N
2019 30 1216,000
$iii, 921 $117,174 146,54 160.308
" /15,713 $93,SE0 $123,873 10.093 1 10.24 1792,56 RJ6120 11,023.476 1 1131,451 /12,731
2021
C�
35 " " fib, 0.75 $111,828 1129,863 W037I W.tA9 $1,011,269
191,720 i
•
" '1,011,269
2020 " 10 "
I 191,718 IMO W2, 555
116,356 naa,*2 1151,650 10.044 1 $0•363 II.mus
t
50 $,
2031 /S I2W,665I
$0 " 66.637
6,191 11o,J/1 173,850
$163,/% IIB', IAJ ".437111,647.251 " 11,647.251
1 178,131
I`1
IY
2039 50 " $0 117,V24 snoo0 12,2.021 t0.O6J I 10.641 12,142,337
IB,B17 169,620 '
" 12,102,357
1 $71,370 17,577 163,837
I. Tin: lull eu of
Y Plant buatlln IAV,
I.12,2:6,OW
i
i
11
3
brc terve - JO yes" 0 81 try tMmK rate.
4. 1216,VA fQWK In tom
BENEFIT TO COST RATIOS
F In I
641, for Palms 8amt- Ir,t raouuVe for 6mny1 01119atton bmf.
S. Estimate at W.f01 ear xiloeatt
6 00,Ow.w nmr - 141 of this ncllatb a atctr year.
Intl@' C n B A
twilated it 4% ear year.
7. Total of plums 31,5, ue 6
E019 1.2ht.w
"
I f
B. Colum 7 011ie" w nnwtW
2039 L6/11.w
a 4
annn amwl oro0uct ten aI 7.SW, wJ .
9• Comm rat, YH ntalltp awl
f,
at at 31 w YIIM1 (late rate 14.4,3 In 19$6 PPIKtn t0 b IU. VSSI
10. Bayo m uengt arcual Prbutt104
of 3.54.000 $m,
II. Intmft f- h h Still" COmrgt II I rate of 7s few
HU CAN IENR
I ,
Rrvtny fame o,IVE.
12. Total of "liters, 10 she E.
LM
i
la Inmw bwh >nent wwin
1.0m.w
1
4
I/. Cols Phy Of "ANN le omaNtIO at 7% mllr"q ebnlnq lanwry L IYW.
V eavah omens so"h Of colwn 7 come"
at 71 m,m,, lean nq Jan a" 1, 1991,
IS DIIfe"me Of alum 13 K"$ Is.
�I I
-e
e
:s
I
I w;
I I
i
37s�a
65 W
't
'
Trial..': 11
«:'4E'wElt_6EbE E.NeV
FOR
E%cnlation fire
power PurtlalnG
lod CIII, I"
Onto We 5%
NY1Rr]ECTAIC PROJECT
So ,,I othlailon taro
C74.VILLE "L. LAI
J:naary I2, 1907
ESTIPATED AVETfAA Arr14. 4AolATIOY U
3'M"O, IWI
fi d I i
7
I
I p9.EB
ko1Al ESTIrATED
AINAL DEBT GE,ENT101 TOTAL C09t I CREDIT
fKVAC pFA l PER
JA DEBT SERVICE 1 [illl£AI Co5 COSTS I pRR YJH
YEAR Y.AR 6ER,ICE MVEFOGE COOS _meome mom
..�••�� -'•' sm.0y0 1201.000 ).0168 I $0.019
IM 1 $1W.OW ^$0 114,010 �� 10.091 $0.050
so $14,o% $31,200
1991 2 $160,00 w (11.112 /T4 MB {20fi,Se0 W.0391 0.031
1992 3 110.000 1147.912 $0.059 i (0.052
1933 4 $160,000 w 11/,168 1,3,714 321 f3.oi0I $0.033
1934 5 $160,t00 so 114,26 115.096 1209,
1993 10 1160,4340 $0 $II,s1z {12,7(A 112,7,212 10.0621 10.053
1001 )5 MEMO w !11,1145 $51.932 $226,79 10.43651 W.aS
203 20 1163,pW $0 115.101 /63,20 1238,301 10.4281 110.071
kos t5 so w $15.407 116.9,0 $32.3A $0.0261 $0.019
2019 30 w to $15,718 WLSOO $019.210 loon : 10.Ob7
.1,.037: $0.IAb
2024 95 w w 116,06 1113,628 11129.86]
• 1429 w w w 116,3`.11 {1!&152 11]1,45'3 IO.OM I W.ltb
20>. fy w w 116.07 (1611,1% fIBs,IN $0.431611 $0•117
2039 W w t0 117,021 1145.000 sm'024 10.0671 $0.109
10 11
E9n: a1N DEBTVEt
AnOL SMILE
ARRA
COSTSCREDIFWO
W6 Ts IIAEAF6T
$171,501 {11,200
617A90 $11,260
117tl, 129 111,200
1111.%7 $11,20
$IA5, 671 111, ew
$00.94 111,20
1226,291 $11,203
1249,01311111,20
1275,Ad $0
sM.557 w
1336,256 $0
1311,251 $0
110,891 to
84=% so
2 1 13 14 15
,
1
I LA4.aT WAIS bN11W9
TotwL t pi Ei.E1,T PCOSTS P'EtsMi
CREDIT I 1%]1114 WAIN W T"
$182,70 I {170,748 /191,654 419.907
1186,130 1 $162,93 f179,27i -616,705
{1113,629 i 1151,797 0164611 -1$3.021
{19 1971 917,3691158,615 -11146
>.
8%,0371 $110,3121149,
1216.11681 I10,0tl11110,/14 -1536
1231,431 1 18.018 1!2.167 13,69,
$4210431 110.&6 Sb1583 /17.212
wiS,Bq l 150,86 I,7,a/ 131,817
1114,51671 Iw.a3 114,356 $6.6+1`
6336,2561 631,495 $12.163 119,771
$311,2:4 1 121.792 {10,341 114,452
10.699
1109,8941 119.516 $8,817 (17076
1452,561 115,163 $7,337
War 10 DST PATIOS
1. First full par of Plant o°er+tion 19943.
3. 12,000,00 tom i,,a, - 20 VIM A Sf tro mtemt rate.
a. '10.00 fumaa 1n mm Nle for Revenue Baro,• not rrovtrva for General Oa179rtton sero%.
S Eltu+tea at 63.04 ser kilnatt ewer - IN if this mnlatne at 4% per year.
6. $30,000.00 tmtul 0,81 R etcal+tro I, 1% ser Year.
7. Total of 011 mt 346, am 6
B. Calm atvmro N nautro amraoe nvnrt prpaYttlpn or ].'!.0,000 twit.
9. Garrett rate was enllti, at it a or rear. team rate 10.015 In 1906 pplectro to tt $0.a91
10. intro on fI +mut ymutttan of 1510. q00 ewn.
it. 195119595 /,mrow, Not Servtn Coverge at a rat( or 711 lior Amme brol 095131.
IL Total of mluml to am 11.
13. In" PA, roml$ orn$nt worth of mlum 12 tomltro +t la mterroh art"I JmNry 1, Im.
+t i% mtenf4 $trtmq
I4. Cuts PV, 11,11% present ✓ In of ealwn 7 IN
15. Otllermm of mlum 13 pl.% I%
15.
p0 I.011.00
NA 1.2771.0
6168 vis IFAA
p10 1,Oltl.o3
65 W
't
Rtl^}FJEIPEVtE SAARy
FOR
104 CITY, TWA
nybReLcrRIC PkWECT
COAYVIUE RILL SAN
7Meafy 12, 1947
ESIIMED AVEAE tu"AL P,Y WIDN U 1M,VW R:4
Trial 17~:14
Escalation ,in
Iter Pvrenamb
Born Rata 5%
a fte"I Obligation Bow'
1 2 3 4 5 6 7
0 1 9
10 11
12 13 14
13
ESIIYATED Eirf
I
R!a%1L ESTIPATED
0.44181_ DEBT "RRTIW 707FL
1 PMER
EMT 1 waD1a
WM3L SERVICE
W4ER ReSER,E
I
I CREDIT
qEg
RAH DFdT SERVILE 1 DELIVERY O,e2 Ra4Nl
YEAR YeA% SERVICE CfhEU6E WS7$
RR t CREDIT
CREDIT FlRA
mS75
TOfll I (RE'AT P2E9FM
Egy1N69
P165Fl1f
COSTS COSTS
RW I PER NW
COSTS INIEREST
CREDIT 1 W llt WRIN
WAIN
1430 1 1160.000 'w 114,000 130, 000 2b,000
1991 2 fIW,000
0.091 W.Wt
II78,SM 111.1100
$183,700 t 1177.2901190,631-fu.364
$0 {0x0% 01,200 3205x2%
1992 3 $160,000 $0 114,112 n4 me 206,%0
10.0591 30.02
".0791
1183, 6�3 IIt,2w
1194091 0170,369 1179,279-186910
1437 1 IIw,000 $0 114,168 131714 1207,912
W.054
f0.W9 7 10.056
1107,371 111,200
11Y5,p32 111, 275
200,5711 0163.761IK614
1206,721
-0,8a9
1994 5 1160:000 $0 114,2'6 115,0% k0132i
W.C601 W.057
100,903 111,200
1157,3411 119,615
1212,1031
41,267
j151,227 j149,243
$,,%a
1993 10 IIw.000 10 114,52 142,7"` 217,212
".0621 10.067
232M $11,200
$20,1021 $124,0691110,420
$13,670
&A is 11601000 10 114,005 {51,932 lai, 757,
17.655 I W.017
269,997 $11,20
281,1971 slot,919 1e7.IB7
119,732
2009 20 $160,000 10 115,103 163.200 238,301
10.09 1 ".069
S313,031 1171.&0
14114,201 I 116,127 t6l,.117
163,50
014 6 w $0 $15.407 264910 M307
1,1.0261 W.IW
1762, e51 w
13f2,6541 166.11% 117.007
09.W
2019 30 " 10 115,718 103,%0 2u9,279
$0.0311 10.120
$420,647 $0
MMS171 SAM 014,356
010,904
E024 35 10 $0 26,075 1117,626 $129,663
1J.W71 ".114
087,01 w
,101,051 145.674 112.163
01311
2029 w w 10 1:6.39 iIA,462 1111,1100
10.001 10.,62
15&5,314 0
1%43141 117.752 $10,341
27,411
2034 45 to 10 26,617 116d,498 VIAND
0.037 1 W.Id7
Z. 331 "
18M.1% 1 "1,204 1a,817
SU M6
,
2033 50 10 60 117,04 1tMW 1212,24 10.0631
50.217
1739.714 10
1759,7351 23,791 17,137
118,64
1. First full year of olant awatlw IM.
7. *UWID00 bora film - M YUr1 at U try Intertest rite.
EBFFIT 10 UI51 ARTIOS
4. 1160,000 fuww In Sofa Ulf far Rnanm Sow,- cat Met. for Seams 0,119113., bums,
5. Eltintn at $0.904 me atloratt ear - 10% of n„ ncil,tw at 4% q1,
year.
6. "0."0.00 initial O,N a R Mal11w at 4% Our year.
2099 1.1111.00
7. Total of calms 3,4,1, ew G.
2079 1.4$111. W
A. Colum 7 dindw by minim amrage awual raa9n10n of 3.",000 inn.
9. Current rale n, nubtw it at 1% w Yet,, tlaw rate 10.045 3n 1%6 "jmM t. m ",0511
DIU EV£N YEAR
10. Saw on average awual Production of 3.54AD am.
It. ,&term fine Doot St"Ict Coverage 11 a rate or 71 Ifor Rruenue bam$ only$.
12. Total of 0100 10 am II.
19A 1,001.00
13, louse PN nmh oremm win of calm 2 connoted 17t Interni, Urtmq Mae" 1, 1'SY.
14. Con$ W wenn orewc wwn of calm 7 cwoutw at 3/ Interest, 2artim lama, 1, 19".
15. Difference of "gum 13 nw, 14.
5 7S
1. first full year of plant ooera$1cn 1444.
6EWIT 70 COST RATIOS
3 5L0-00.4 bound 'sets - e0 Years At '-% tru tmemt rate.
eK4;E/EttirsE 90aARf
i90.7 1.2511.0
Trial nnoe1115
839 I.B3'LW
6, 630,000.00 initial O,K 1 R WILIA d at t% ser Year.
7. Total of mluxis 365, Ara 6.
FOR
BvF11t SW TFAA
Eaolltton non
10. WW on avnap areal cro0uctim of 3,500.00 bvw
1993 1.0111.01
II. Interest (roe Oeat Service coverage at A sets o1 71 Ifor Pmna Born an19),
IW CITY. Im
Pow, PurrnuNiN
15. Difference of cmuae 13 Nine, 14.
KYOPoEIECTAIC PROJECT
BOW Rate
5%
CORALYILLS KILL EM
Gercnl Obligation
Form
1,n " 12, 1937
ESTIrATEO AKIEW Fikk PRG:R.CTIOK d 350,LOo AM
I
2 3 4
5
6
7 6 1 9
IO 11
12 I3 11
15 1
1
. I
ESTIFATEO DEBT
1
Ilala6
ESTIrwTED
I vMR
TOTAL COST I PJWWA
oro$. SERVICE
R)WR RESERVE
I
1 CREDIT COSTS
NET
WINES
AWA DIT
GENUATION
PER 1 0811
MIT 01st
TOTAL I PIEIDT PlEEENT
PE9 NT
PLANT DEBT SERVICE
1 I llaf
PIR
COSTS
A,,,k
COSTS w I PER KW
COSTS INTEREST
CREDIT TAT I WORD IOA�®
WORTH
YEAR YEAR SERVICE CMRAU
COSTS
1 (160,0)4
$0
10 ,(80
$14.056
130."
(201,000 I),Id6I W.053
(165.500 IIL2v0
119a,7 -0I $193,612/190.651
-16.822
1990
1931 2 1160.003
0
()1.260
06.2-i 10.059 1 0.055
I1Y2.9E0 ul,2,4
kill, IA 1 11764206 1179,279
(211,637 i 1172.924114614
-%932
0,30
1932 7 1160,(0
W
116112
13a. M6
@06.Soo W.0591 14.07
12)7,912 $0.091 61060
1200.637 111.263
12-8.666 111,2L0
1219,At21 6167,73115361!
$9.117 i
1993 t 1160,000
W
$14.112
/33,734
1209,121 W.06b 1 W,(52
W17,W9 (11,201
sam.2Y! 1 II&,710 /119.217
113,467
1934 5 6160.OLU
0
$11,26
135,06
1999 :0 $160,000
$0
$14,52
02,709
$217.212 10.002 1 10.075
101,021 11320
f275.2L4 1 $139,910 6110,120
129,191 ,
2001 15 910,00
0
$14,84
(51.92
638.757 $).0651 11.032
W21.2M $11,200
AM 4261 5120,466 Sa&lgl
08,W
W03 20 9160,00
s0
$15.103
(63264
1286,301 10.0661 $0.112
1330,041 91)1,28
156304 1 $111231 161.56!
163,654 i
176,94
193307 63.0261 W. 136
$475,493 0
547L493 07848 117,001
$70.602
2014 25 0
0
$15.407
2019 30 0
s0
1:5,716
03.58
1IV9.218 10.041 I $01IL5
15)81510 0
151&5101 sMW $14,356
$61,642
. 2024 il 0
0
$1608
9113.626
1129.663 11.0171 64.201
(703,06 0
1763.616 t 65,96 113163
133.761 erw
-'. 2023 40 0
10
%:643.4
$183492
1151,050 10.044 1 60.245
16:6.16 0
sab,3:5 t $37,166 $10.341
1.64615
S16d,4%
SIBS, 163 0.6531 10.2)6
11.01,60 0 11,011,8641 09,647 16,617
00,730 ,
W34 45 $0
0
$13687
0
0
$11,V24
$205,04
SW,%4 0.0631 0.36E
SI.267,566 0 91.257.5261 $43,032 11.577
$35,494
2031 SEB
1. first full year of plant ooera$1cn 1444.
6EWIT 70 COST RATIOS
3 5L0-00.4 bound 'sets - e0 Years At '-% tru tmemt rate.
1. 110,00) fufdM 1n Wril fate for Anemia Bon" Not rsemm far General O'1'9at'on mrm.
i90.7 1.2511.0
j3 Eluotn at 0.004 Per N$1a0t nwr - IN of mse ASIA'" at 4%Per Yea"
839 I.B3'LW
6, 630,000.00 initial O,K 1 R WILIA d at t% ser Year.
7. Total of mluxis 365, Ara 6.
6. Colum 7 GIVIU P by ntlrete0 average amust ",it" of IVA,t00 M.
1986 to a 0.ffi71
BvF11t SW TFAA
9. COMAS rate set nolatm At at 41 Pm Year, [last rate 10:045 m rolecteo
10. WW on avnap areal cro0uctim of 3,500.00 bvw
1993 1.0111.01
II. Interest (roe Oeat Service coverage at A sets o1 71 Ifor Pmna Born an19),
12. Total of mlmn 10 Am B.
13. I=" PAY nulls Present worm of mlusn I2 comulea at It Inlern6 Starting Jan." I, 0w.
11. coats P1V eouase ormnt worm of mlWn 7 enouln At It immi, IIIrt109 January 1, 1990.
15. Difference of cmuae 13 Nine, 14.
375
LI
AEV XSIU6ENA 6tarARr
FLA
I" Elie. ILAN
RY6Rb3EURIC Pw1ECT
MikVILLE RILL EW
J+mary 12, 19447
1111111) AVE"I RH,W, PMACTION U' 3.MO,OW w
Tru, meoen16
Escllitlo, rates
Pb.er Aurcn+5e15t
Bow Rale 5%
Solaria Ooltgettan gangs
6 7 A 1 9
10 Il
12
13
M1EIT E61InA160 I
EWonthtFD
14
,
Is
' DEBTSaiCERT 4 SERVICE
( AD1FR TO" S atm
1010. COST 1 NROYGE N3NB F1A70f
Plfflf DEBT SERVICE
1
{ 0t119ERr
DalLI ,
IFAR 1FAi SERY11E CP,'ESI%E CT619 O,Y1R R'IM PER 1 CNEBIT CEBIT FUO
C0519
TOTAL
I CAEBIT COSTS
1 RESENT
SWlp9
=9 "" 1 PER XW EMS INOW
CREDIT
( WON 1017346
PWARR
1990 1 /160,0060 w 114.04 130,04 s2W,001 160;8 1 119434 111,200
1991 2 /1601000 p /11,016 /31.440
1203.74 7 1190.771 1190,651
1�M
,03,256 61,591 61,038
ILI
1992 3 1160,04 w 111,112 fi2.41B K041ES 111,24
t25t60 *)'0591
,17.35(
1161,13 $179,219
-�0
a? Bag
10.061 1214231 111,24
1933 4 114,04 10 114. Ip t 77.734 ,0/.912 U,591 W.Oi4 ,248/3 111.201
1991 3 860,40 p
pQ3,Ul I
/IB43691168,614
/13,772
114,253 165.026 1206321 10.041 10,017 1233,967 111,24
811, 0171
K45,1O71
1178,5501156615
1114,817 si/9,2U
119.939
1999 JO 1160.40 w 1U,SI2 14474 1217,212 W,L62I W.085 K9d,631 111,200
x571
244 19 1160,000
1319, WI 1
1157,502 sale. seat
147,093
*) 111,443 151,9•.2 1226, 197 10.0651 60,14 17dl, ill 111.240
139431 I
1 114201 184107
160,014
EW9 M 1160,460 p 115.103 167,261 1238,317 H,M I 61.139 1186,/381171.24
1671,436 (
SVN w
1169,9,6 bI,SBT
114.763
w 115.107 .66.94 /52,307 10.006 t 10.177 I&D, Le *)
1620,812 a
1114.398 117.47
197,U O
.2019 30 p w (15.718 137.x0 tI4.27A W, 41 I W.@fi 17 94356
'
10
421 33 RO
1792,3.561
1101,030 iN.356
169,734
_ -
*) 116067 6113,023 /114,4466 60,037 I 4.203 11.011.269 W 11.011,269
_..
•�
I
694,718 114163
1,.557
20 w Ww 116,358 113d,492 1151.850 0.0411 W.3e9 11,2W.Et5
so 11.290,6651
2034 49 w
OL191 IIO.311
W666o
w /16,687 1168,116 6167,183 10.0571 10.471 11.647.251 $0 11,647,2511
178,431 ,,817
$69,614
1 2039 .50 w 10 /17.024 K4,4u se&, C, IO,53 1 60.601 it, IOLaV p $2,102.347
I
611,370 61,577
166861
1. First full Year of ohms eperatim 194.
3. 12.000.04 Wage issue - 20 Ye" at 5t trw intent rate.
6 11604 ignoreignore In gold
Wait
70 CO'ai rA11U9
YIe for turnings Penn- mt MUIM to, Soreral L111gation Ooms.
i 1 FatfYtH at 1O.OW pr Rllewtt Ww
- lot of Sala nulateo at 1s Per year.
6. 14,460 lmtlal I'MIS B "c""',R H per year.
2009
LIut1.4
7. Total of goluvd 3.1,5, aw 6.
4A
4[711.4
B. Co7 pIvIde{ by Ht1YIw
"W", 'em" RKYttim Of 3,5044 RM.
9. Ctrmt nle rn Wil+Ow
at as 5t Yr Year. I&go Hu 10.045 In 1181 Or SM, to S, 10.551
10. BneO m awnp mWll prwwtlm of ],54,04 RM,.
6RERN EEN YtAY
Il. Inhrnt (me hat Serrin Coverye
is a ran or 7/ Ivor RnnWrc, only,. Total 10
1991
17. amens 61,7 ngah
1.0211.4
orneet loran of 01H1 12 toantm +, It Interest. uartlnq 3mwn 1, 1'%.
14. Costa 06V regal, Oregon, ,nen of Soles, 7 cnogno d it
mleren. at+rpnq Lmary 1, 1930.
13. Blfferemy of Colum 13 Yms 11.
kEVEX11EIP&A SV.alr
FOR
T11-1 nunr117
10ACITY. I0&
Etnlatton it,,
KnA tELCIRIC ADIEU
lbrr hman2t
CO.AVIUZ AIL L0.3
Hord Aela 6s
JarearV I2, 1907
General Ooliptlon toms
isumarED mi;,E A'MF/, picuKTIOH O' 3.54,ow 0,11
I 2 J 4 S 6 7 d 19 10 11
12
13 11 13
.RIUt, ESTI•+iTED E51IrdiEO LOT
AVON. IEA, Ena N`V a SERVICE
SEDEELIVERY 1070. 0097 I R1RDtl6E fUItR I
RAa7 CE97 SERVICE RB2k,E I
IEA
1 O'SIYE9/ O,RId k: k VER
YEAR YEAR SERVICE COVERAGE COSTS CREDIT CREDIT i1P.D
C05T9
IOrII 1
MYT E a SRVIk9
p1350'7 pAEoelr p.AE5E8T
___ C0615 XHN I PER kW 07519 IIRERE97 CAFDIII
tea®®ems
WA7N
WAIN agArH I
_
1930 1 It7/,000 a II/,OVO $0, 000 210,000 W.062 t 0.49 1171,514 112.160
1991 2 II7/,Oa w 111,0'3 WI'Zw
118!,600 I
1171,64 /Zp]r738mtY,43
1219,236 O.CW t 0.060 5171,9]0 11 la
2.
1932 7 /171,000 w 114,42 1`2.448 620, 30 W.C631 W.051
407,1101
/1 63,1291191,'07 -12&078
/176,
1993 / 5174,000 w 11/,168 111,74 129 Sip Igo
1221,912 00631 14.052
/19J, 6091
1154393114,043 -1211449
/101,997 /12,160
1991 S 5,7/,000 w /I4, 225 /3 4096 4423,321 0.061 I W.053
/14,,,n
/145,1!71169,296 -,21,159 '
114637 I2.IW
1197,817 I
1141,0/1 /159, L'3 -,18,161
1993 10 471;000 0 14,312 42.760 211,232 10.0161 t0.M9 1294,9,8 112,160
6217.1]81
$110,3b21117,SU
Ewa 15 1174,000 w
47,154
111,693 u'1.9J2 120,757 W.t691 WA.9 1126,231 117.10
Wd, 171 I
186,513 517,261 -10
2014 1144,014 0 /15.103 4120 112,107 10.0121 10.071 219.434e6,160
436,41
1112,671 163,201 147,/76
6
2911 e5 a w 115.40 176,40 192,344 00261 0.079 275,47
w
1275,471
140,25 111,007 1n,817
2019 30 W 0 115.716 193-tO 110427d Most I 14147
'. sY14r357 w
510,337 t
,
20.'4 35
140.014 /1/,156 23,69,1
• 10 a 116,04 /113,128 1129,863 U.0371 W.0% 5136, C6 0
11]6,2361
631,4V3 114161 119.311
-," 2029 40 w 0 116,338 /130,412 "-fiD 10.041 I IO.I18 1371,251 w
1371,2541
u/au
i 4431 w a w
40,360
4447 1166.496 /185,IW 0.0331 MIA 409, 539/ W
414,041
49,516 18,817 110,699
2079 >D w w /17'02/ 1204000 W'OE1 10.OW 1 90.14 45&556 a
�
/132,56 1
115,363 17,537 17,94 1
I I.iint full year of pont ooera4m 1990,
I
3 $40A, 000 Wm 3440- A yon At tt tru
8261317
TO CST RATIOS
interim, nI ,
1 1. IIII,Ow famm in rom 141, for Rrvmn
Irmo- not maim fm SAW., Irlt9nlon bam1.
3. Eltlrata it 10.14/ oer "'WIT hour
'
- IVT It 011 nulatm at 4% Der year.
4 'AOAOO Initial O.R 1 A maltlq ata
0.9/11.00
par y,,,2609
7. Total of 019.13,/,5, am 6
2039
I.I/ll.w
0. Ulna, 7 4JVIrod by nn.fu@
rrm;e amnl pr0aunibn If ],560,014 YM,.
I. CSw nealrtm n it
e%0o- nm lea0 Tab 10.4Im5 In 19'6 M.M to 0 W.0/4
to. Saw n&
9n Herr@
uo ama4 DrOOM ma! 3.U.Dw na.
AENt EVEN tfDR
11. Intent frog Deet Sema COVIN16 at
II
a rat@ or Ifbr Am". Irma a,IV).
Q. Total of rolmm IO am 11.
2013
l.wrt.w '
13. Im9al 5,N mall prnlnt win of mime a Cnuuln 4 74 Intern6
ltanlnA Janury 1, IV9V.
Ia. costs RV muul onlant aortn of CeLnn 7 ooaovtrl at it mtemb
rtarlmR Amary 1, 19951.
4. Dtlferemv of roluen 13 nen 4.
3 7S
hVE.VE/E1Pb6E 5xAlf
Trial mcomIS
FOR
EYalatlCY rues
IDA CITY, IOW
Por, Pilot u@13,
XYu61EiECTRIC P+OIECT
Dow Rate 6s
[C AVILLE PILL CGT
hreral 0o119atim SOMA
Jawry 12, 1937
LS71NTED MA WE k:VMI FRSOIETIOR R 3.510,11 RW
1 2 3 4
IIXFIT TO CST MILE
5
6
7
a 1 9
10 II
12 1 13 14
15
479 1.4411.00
7. Total of alum 14151 am 6
L Colum 7 alYm@0 W MUSIC aver&;@ amuit Rm0Ytt10n Of 3.50.0& &+u
1. Current rate no nnlatel at at Is Ofe Year. Row rate $0.045 In 1966 w/@ne0 to n $0.0511
EST LATED DEBT
I
4V+11�
215 I.131.0)
ESrIrArE6
13. ImOW RW not, Rrcant wth of nlem I2 co6outW at 74 Interest. surd; January 1, 1990.
I *"
I%x SMILE
I
WT
R1a,+l VJT
F IUATIDN
7010.
0351 I PoRD41R
P 111 L"StAE
I CREDIT COSTS
SAYI16S
NMT FBI SERVICE
I balVERV
O.,IR
GW4.
067 I CREDIT
CREDIT I"
TOM I PIEUX Par"
PKE E+T
YERR YE7M SERVICE (IMME
WE
X75
MIS
PIa1 I RJR"
TESTS IM ERIN
CREDIT I WRik WAIN
WAIN
1990 1 6171,0&
00
114,000
930,&0
tele,0u0
W.CQI W.031
1176,500 11411
61WWO1 1176.2[6/03, T00
-18,533
1991 2 x174,11
W
x1/,076
U1,2W
1219.256
10.0631 10.053
1163,055 $1410
61%0.51 1171.761191,501
-14.262
1992 3 6174.00
W
$16112
13440
10,560
U.G3 1 W.034
$169.371 612.160
641,531 1 $164,!a Wo, 0,3
-615.517
1993 4 6174,&0
W
x11.160
$13,74
1711,912
10.001 11"
$1,102 1L10
147,221 $150,0161169.296
-11.193
1994 5 6174,001
W
114,U5
135.046
$0,321
10.0611 W.0E7
1&,903 11411
1214001 $151,9:11159.76
411299
1993 10 617,000
W
$14,512
64471
181.212
10.0661 10.067
18_902 14160
4245,0621 124,`17117,54
67,051
WA 15 6174,000
W
614,64
651.912
62$0,757
moi91 mon
1269,937 1_11
s2041n I 10[.214 17,261
SIM13
' 2'!09 4 174,000
W
115,103
66124
122,301
$0.0721 1.069
$1t3,0111IMIao
499,1611 120,999 665,41
663,797
414 25 W
W
$15,07
676,90
612,3V7
W.026I W.I4
$362.631 W
6362.6541 666.616 117,001
49.840
419 30 $0
10
$15,110
s915tD
1109.276
10.611 I 10.1&
144,647 0
420,6171 15589 114,356
$40,904
2024, 35 W
0
116,015
$113.620
:0.1173
11.0371 W.139
1401,45 0
101,6451 $15,614 $14163
$17.511
44 0 W
$0
616,20
MLA&
1154,050
s0.w t 10.162
1565314 0
156534 I 937,72 $10,341
627,411
2034 45 0
0
16,6d7
1160..%
11,103
W.057I W. 107
$055.34 W
1655,3541 631.24 0,017
62,3e6
• 439 50 0
10
117,021
1205,000
660021
10.001 $1217
1h9.735 t0
6759,7351 171,791 17,537
119,84
1. First full Year of ohnc coeralM 1930.
IIXFIT TO CST MILE
1 S2,u%QW cant uu1- 90 Years 1 it Intl Interest rate.
4. 1171,000 fumm in Oma W Is for Rnmw 0wm- rot MAIM far 661766+1 011114' ours"
5. EstiWAm at t0.W4 Our kllortt hour - 161 of :his escalateu at alt our year.
20.66 1.1611.00
6. 00,000.00 initial 0,17 E R Ascalon At 43 far Year.
479 1.4411.00
7. Total of alum 14151 am 6
L Colum 7 alYm@0 W MUSIC aver&;@ amuit Rm0Ytt10n Of 3.50.0& &+u
1. Current rate no nnlatel at at Is Ofe Year. Row rate $0.045 In 1966 w/@ne0 to n $0.0511
006x1 EVLN YEAR
IL Sam an av"M amWl "U"IOn Of 3. 517,&) i..
11. Intlmt fro hot Arvin Eow,ja 1 a rate or it Ifor Rmnv Dom, "1Y3.
215 I.131.0)
12. Total of nlvna 10 am If.
13. ImOW RW not, Rrcant wth of nlem I2 co6outW at 74 Interest. surd; January 1, 1990.
14. COin RV enols ommt win of colurn 7 cnmtoc at 1s uoenl, sunit; Lorry 1, 1990,
15. Diffemn of alum 17 emus It.
3 7pS
17
.iEVEvX/E1PEWd EJn,,,RY
FOR
104 CITf, Too
HYT'WE]ECTRIC PWat
mf6e9ILLE MILL 071
J+nwrY 12, 1947
ESTIMATED piE97fE fN!U7! "'AIVION
Trial r.,S..l9
Espaateon 111,1
Parr Wm+11141
EDW Pate 6s
011111 OPItO+tion 6arc4
1 2 3 4 5 6
7 A t 9
0 11
ANN(DEBT ESTIrArm 1 ES1IIAlm CE67
12 ll N Is
6910." %w 6BEPATIO.Y TOTAL I t9ER AMU L SERY'ILE
pIAY7 LfBT SENILE { CmIP4tY
1 27
COST I PoRDifa p016R
B,R{R �4.�
YEAR YEAR SERVICE MEW COSS PFA I voir ORBIT EIlO
COSTS
I CRpli COSTS swit66
70TIC I
emammmea� pass 1M6FMT p2FSFl7r
Rlil IRR IIW COSTS
1990 1 1174,000 �®� m .,__- 1ATEREST CROIT I PORN IM IES
W t1/,00. wm
1971 2 1174,000 10 114,056
664,00 /219,00 W.0621 W.OW 1167,50 112.161
_ 1992 3 1174,00 10 114,12 111264 1219,'3 KW l W.W 1692.920
1197,6]01 /I&,718-0 17b -119,971
$12,10.0
'1'22
1993 1 117f,00 b 111,IEB 131 M� w' I MIST K0, 677 it 10
Soo
4' 2'
1205, IW 1 1179,1121191,501 712,364
19% 5 1171,00 /211, 10.063 1 b.OW f
111.26#5.0621227009
1220.SQ 1 $177,172110,"] -16,321
112.161
1999 10 6174,00 b
sag,to2f61.-1916
229,1896 1163,4086179,26
1t4,LE 1427W 1231.2 10.0[61 1 0.073 644,024 112,160
",164
201 15 1171,000 W 114,607 #51,92
/27
44% 1 11/1,442 1."872
1241,757 0.0691 W.02 1121,216 112-180
609 20 1174,00 L
b
1 SA7,176
]33,4461 120,912 "7,261
115,10] IW,2p 252, 397 60.0721 10.112 1 ,&1 110.6,180
I,ll,SAp
0" S w b 115.417 0.6.90.
1777,001 1 1119.1(6 165,201 1619)7
132.911 64.06 f W, I76 11 75.493 W
209 b to b 115,718 191SW
"77,4931 #57,60 117,07 110.&e
1109,278 10.081 I W.IW 6378,710 b
20.'4 33 b
1518,6101 175.997 114,356
w 1140]5 1117,20.
.. 129,864 W.071 64.01 IlOI"6
161,62
029 b p W
w 116,3:0. u]e,4st 1x,150 1ao" I w.zs
1707,9461 117,911 112,163 11761
i w
. 2034 47 bb. /14687 /164,4%
18741i6I ISM% $10,34 "6.815
1189,164 64.031 W.23A 11, Wj,8y4 b 11,""8'4
039 p W
1 "9.607 18,017
' b 117,024 1'47,00 e2Q,tp/ 10.0671 #5.362 4,1"7,566
W. 710
1 w /1,267,5661
1U,O]2 17,577 135,494
1. Pint full Par of plant ooeraeiu 1991.
3. 12,00,070 MIN asu
- 20 Yian 11 61 true loom, nte.
4, 1171,000 TOWN In At, Ole fpr A... Ponca-
�lfFlT i0 b51 &1105 '
not rWwreD for, 6ener11 BAltgweon 00.645,
7. EltlratN at 0.04 Pr MIIQatt pour - 101 of 1016 OuC+I+tN It 4s tar
6.#50,00.0 or
7. 100.1 O/rolm/14,7OW1141" 4t 11 Pr y Par.
S3O,R 1A ear,
C6A 1.10.41.64
,4646,
8. Colum 7 01r1ON A/ nit" It anNn annual AWOYttlan of 170.60 Rnll.
9. Currant nn q0. 1110.664 a
2039 1.734.0
at 40. 0o- veer, tnv rate 10.06 6n 1%6 voJra:W to Ou W.u21
10. BASIC u awry a annwl acautlton of I5u0,00 Iwr,
11. 101"t fru pot Service Cowrpe
94DK OAN tCAR
at a rvt, or 7, "for Penn" 6onf only,
12. Total of rolunn 10 Am 11.
13. been pry n04a Wflent wren of coin, 14 Cuautto
1997 1.0t1.N
a 7[ Warne, liarteno J+nw ry 1. IYA.
11, Cos" PW total/ anfWt wren Of ODIUM 7 aa.wW 41 IS Inate, 114r1a1
13. 0lffrrerp
Ana
of "Im 13,nal ". ry I, 1991,
STs
RENvhYElp1.>E 54r�1A1 Irul nuanrate
FOR EuilTo.ation r+ia
ICSH CITE. I" Bueer pure++st6%
HYDROELECTRIC P19JECT Sora lute 64
COIolLylIL RILL WY Anvil 401$9+tta Wrct
J'." 12.:947
MIr+lED A+Eii7E aWAL PIOIULTION a I M.0) $•N
E 7 4 9 10 It 12 17 IS IS
I 2 3 4 5 ES;INTED 101
7 PNEA A,,ul. SERVAL I NET
"ESTI-ATE)ucs TOTAL 0051 ; WAW'6E W RESERVE I CREDIT COSTS SAM"
Gia6A. DEBT
EtiA.YtIGPER 1 CREDIT CREDIT HIM TOTAL I PtYEE7.T PRCROVI PAMT
PNCOSTS
VT DEBT SERVILE I DELIVEAf O,n{A )
ANI I Pi0. NW COSTS INTEREST CREDIT I WA1X- WAIN WAIN
YEAR YEAR SERVICE COVERAGE COSTS COSTS (0575
-- X04 W.C62I W-055 119654 $12.10V 6201,6801 1191,24 6103.738 -112,149
199) 1 11711000 40 �114.OA $30.000 1x16,
1991 2 117/.000 $0 $w,056 111,200 1219.256 10.0671 $10`.4 M2 125 1120bO 014,3031 6187,162 11 -11,721
1992 3 $171,000 so (11.112 13?. 4Q 1220.560W.063 I $0.061 RI&231 112.100 1735,1023 1 1111 1 9 298 6169 256 f 0.002
0%3 #3910
1993 4 $171,000 0 614,168 03.744 1211.912 10.0631 10.064 IM,843 11LI60
1994 5 11711000 10 114.26 17 O% $at, 721 $O.ON 1 W.067 03.96S $1&180 1x16, 1d I $175,5121159,28 116,87
212 10.066 ; 10.03 11,8,631 11&.W1310.011 1 11SB,0.0 $137,536 $40,44
199310 $174.000 $0 611,512 H&700 12JIr
2041 1S 114,400 t0 111,415
151,952 1x40,757 0.0691 W. 109 $781.137 112,1B0 6393,3171 1112,5:6 07,261 IS.2fi
M 20 1171,000 10 615,107 $63.2(4 $21',307 10.072 1 10.139 wAe,/101186140 6671,61' 1 1173.817 45.201 $100,616
2011 23 t0 $0 115.401 06910 69. OUT W.081 00.177 tay.B2 10 168,6321 $114.3eB $17,001 197.330
$791,3.6 10 6792561 fl(4.04 114,3.6 49,734
2019 3) $0 0
614.714 693.510 1109.214 $0.031 I 90.24 ,
1 .821 33 10 0 $16.035 $117,&8 1129.863 W.0371 10.289 11,011,269 10 11,011,891 PA.
71B 111,163 01,545
129 W 10 10
116,754 1134.152 1154, BSd 10.044 1 0.363 0,291,165 t0 11.290,66S 1 06,191 610,391 03,&50
834 45 10' 10 116,647 1164,136 6105.183 $0.0371 00.171 11,147,251 W 0,617.2511 $78,131 0,811 49,611
2039 w +o to
$11,021 MOW SM.021 $0.0631 10.601 /2,112357 40 f&30&3571 171,370 $7,577 $63.873
.. _... ..
•I
PETEE1T TO COST RATIOS
L Elnt lull fairWho of o 1990.
r
hem i
m -
3. 12,000.000 mrd lace - S- Ywn 0 So interestr interesttI
' 1. 1171,070 /u"m In bond ale In Pay"" ot Maim for Arer+l (1o119+tten eerel.
2009 1.72$1.00
5. Estwom at $0.004 per Rtlaltt owr - 106 of I"1 fu0tm at 1$ Per yelp
?039 2.1611.01
G. $30,000.01 Initial O,A B A evul'tm at 16 Par Year.
7. Total of mlmns 3.4.5, +" 6
R, Colum 7 airiem or attoto an"99 "at creontten of 1570, $d
$0.03 In 1%6 "Jean to AS $0.00)
8428 UN YEJ4
9. Carte" rats fa "ubtm at at 5% per Year. least rate
10. Bawd a avenge annul nmun lost of 3.54.04 ...
Is .for Reuena Bone only).
1931 1.0111.09
It. IMeIs11 ha Do" Arvin Cuq' 0 a roof or
I& Total of rola" 10 aro It.
Win of c41an 12 n>mutm 1e It Interest. sctnaafyr1. 1.934•
13. 1 C" PIAN mule violent
it. Costs pit, mals 04,lhl w on of co3un 7 co,m m at 78 interest. tln1 Jlrll
_ 15. Dtfferern of COIM 13 esus i+,
-
I
373
V
WIEKE/EXPENSE SL 'My
FOR
IDA CIV, 10501
AYDRLELECTAIC PrOJECT
COOYVILLE PILL DM
Lnury 12, 1%7
ESIVATED BREW AtiM OKOLCTICN a M1,10W Pel
Trial nunen21
Escalation rates
Reser Wrmasel2%
Fore hate 7%
Grar'1 Ooll Ptlan torts
1 2 3 4
EEWYIT TO 051 PATIOS
5
6
7 a 1 9
10 It
ESTIPATED Dal
12 1
IJ 14 15
4,o.al.
A.e14. IaT
RANT DEPT SERNICE
YEAR YEAR SERVICE CMRAGE
E9IrATED
SURAT101
i IELIVERI
TATS
O.PIA
COSTS
I OUR
7070. COST 1 WRUf6E
WLk PER I CREDIT
COSTS AM I PER NW
11%Vsl SERVICE
AJ6JA RES:kR
CREDIT RIND
COSTS IMOT
I
1
TOTIL I
CREDIT 1
NET
CREDIT COSTS SAVIMS
INCEl1T ARE BT RESW
0111 WITH WORTH
1990 1 1199.000
1991 2 1199.000
1972 3 1169,000
1993 4 11B9,ODD
19% 5 1189.000
00
$0
10
$0
00
111.000
111,0'%
114.112
$14,169
111,225
/3O.Ou0
$31,200
13408
131744
135,0%
am, 000 10.067 I 00.049
1231.256 MOAT I MOW
1235,560 W.W 1 10.051
876.912 MOW I M02
874, Y1 W.068I W.053
1171,500 113.230
1171.900 11124
111786129 1112344
1Ia1,997 11124
1185,637 1112N
/181,741
IIB ,110 I
1191,6591
1195,217 1
119x, BS71
1172,645 817,757 •645,112
$164,316 $210.08 440.262
$1%451 SMUT 435.637
1148694 1110.739 431.601
1111,790/169.96 428.14
1993 10 1119,000
10
114,512
%2.700
12,6,212 10.070 1 10.059
164,94 111231
810, teal
$110,916$15,162 414.E46
1001 15 1199,000
W
114.895
151.912
SM. 757 $0.0731 11.063
1226,231 111270
839,211
196,813 134698 -65,865
2107 20 1189,000
10
115.103
641241
1267,301 10.076 1 10,071
%249,8431201210
//540731
1116,821 169,077 07,747
2014 5 10
00
115.07
86,90
194397 W.O26 1 W.019
SM- 647 $0
1275,6471
150.a6 117,001 119.617
' 2019 4 00
00
115.718
193.SEO
11o9.278 10,0311 10.067
130,59 W
1304.5571
140.069 $11,3% /231653
. 624 33 W
to
116.04
1111629
9129,663 0.037 1 W.096
1196.56 10
1336, f.,8 I
•
81.153 112.167 009.331
2029 40 10
10
116.373
1138.18
1134,8`50 1o.DN I so.lu6
1371.254 W
1391.254 1
121.752 110,341 114,42
200 0 10
40
116.1,87
116d.4%
IIB%, I$3 0.6331 W. 117
009.831 w
64W.801
119.516 0.817 110.699
2750 50 W
W
117,024
1243,0W
12'Q,024 10.0631 00.129
10456 W
1154561
113,363 81537 67,84
i - ....
EEWYIT TO 051 PATIOS
1. FIPAt Tall Pu of plant Westin 194.
' 3. 62,D.41,DW pfN SAW - W Y"m at T%Irw Interest rete.
1
A. 1169.000 fureW In WN Sate I0r Arvnw TONS. rot Malm fm General OV119+tion
tont-
ea1AW at 4% per Year.
3. Eet1NtW at W.0D4 W kllaw rtt "- IIs of MN0
204 1.12:1.0
6. 0,00.0) initial O.P 1 A elalatIO at 4% Per Year.
" 7. Total of "leave 3.4,3, aetl 6'
0. GAan I elr"W OI PATIOS"'.rise amus "A"o. Slpn of 344,000 1n.
".045 1%6 oroJeetm to as 10.0491
1
83EP 665.4 YEAR
9. Carrara rate u, mean W At At 2%Oer Sea'- tum rite to
10. Basal an "'rale an01 proe,"IDA of 3,54,000 bra.
2018 1.0111.01
11. interest Trial Diet Service Cowra9e at A rate of 71 Ifm Pevenw Tom, MIT).
12. Total of "sae 10 IN 11.
"Ian 12 coe"tn at IS Interest. ttartlnA Lnury I, 1471.
13, Incase P6V "OIs present A(AIM of
1% Invest, startlr9 J,narY I. 1580.
14. costs my eault orrient WIN of colwA 7 cseoutW at
15. Ddf"ra of colon IJ same, Ib
37S
MM""
0
I 4
`1
yF*
V
EEtff1T TD MST PATIOS
1. First full Year of Plant neratla 1930.
aEV M ,E1PE45E SOMF,AY
FOA
IDA CITY. Iwo
HYDROELECTRIC PDJECI
MRALVILLE MILL 060
2009 0.9911.0
5. Estlul+d at $0.04 pr kilant Oar - 10% of ON1 "allied at 4% Per year.
In+l rmaril2
Es,+lition ran
Po.er Po,mn,13s
Pone Fate 7%
&61611 00&9+Ga Wres
6 40,000.0 initial 0,14 1 A Waited at 44 per par.
7. Total of alum+14,51 and 6.
& Ccilun 7 dividedoy Iftgeatm +ver+ge &61801 VWwtfun of 1500,00 1,A.
(law rale SO In 1906 prolatd tc b 9.0511
ja.m Ib 1%7
E571MIED RIENrE k!sA PAOIL7ION w 3.500,000 XVI
9. Current rale of .,,film at at 31 pr, Year. -O'S
1 2 3 4
pt a
AWA1P, DOI
PUNT OE87 ¢RJiff
YEAR YEAR EEPVICE COVERAGE
---"'
1990 1 1109,000 60
1931 2 1109.000 60
1992 3 (103.000 0
1993 4 1119,000 W
1994 5 6109.000 so
1999 l0 1119,00 60
2001 15 1183,000 w
209 M 1109,0DO $0
MU 25 60 a
019 31 w w
MN 35 60 60
•.- •...2029 a b a
Eo74 u to w
M79 9 w w
3
ESTIIATED
IEN4EPRION
1 IElI6ERf
COSTS
414.00
$14,056
$14.112
111,19
80,715
$14,512
114.6)5
$15,103
115,407
nsdle
it OB
114351
+16,627
$17,91
6
O,nIR
COSTS
---
I.W,Oa
91,20
192.448
W,7N
$35.0%
40&70
651,T2
16129
176,900
ro15a
1113,90
1130.452
$16B.4%
9u3,0O
7 0 1 9
1
I POuEA
TOTAL COST I P1PD16E
W j, PER I CREDIT
COSTS m I PER NIN
93100 soml I 60.051
1234,2'3 MOST 1 10.09
1235,510 W.Ea67i W.054
12:1,912 80.0801 60.0•b
93& 91 80.0601 W.Co7
1246,212 10.0701 10.07
955,757 10.0731 10.077
1267,307 10.0161 f0.O9
$31 307 "0261 W.IW
u09,27e 160911 mem
6129,263 MOST 1 $0.139
I,M,dW Io.ON t 10.162
1105,113 10.163 1 $4.187
602,2,94 10.0671 10.217
10 11
ESTIeATED D OI
PlrlEl =VICE
Pf1A RHR.E
CREDIT F1N0
O5I9 INTEREST
117e, 510 f117J0
{10164 111730
1103.371 411230
.SIM02 111730
980,03 611281
1232,91¢ 112]0
969,997 113.231
$313001{20&230
$362.651 a
14M,617 60
N17,645 w
15M314to
9:3,154 60
1759,733 60
12 1 13 14 15
I
NET
CREDIT Cf67s PRESENT
IOTA I PRESENT POW PRESENT
EF£DIT i YwM NORM NORTH
1191,7301 1179,181$217.757-13tl.510 '
1191, Dog I 11721+21201,600 432.167 t
IM 1011 116%3a 119g267-a6.9u3 i
90&2,21 SIS&M 1180,739 -91,012
$214,1331 /152,$141169,9:0 117.245 '�
1•
946,121 1125,let 1125,162 -NI
981,2271 1101'.64 f3&690 19.956
6515,2311 $133.115 $69,077 sm.068
179.8511 166,B% 111,07 549-848 1
{960 6171 151259 411,156 140,960 I
1 ,
1107,645 1 145,674 112,163 U3,511
$54314 1 07,79 $10,341 97,411
1659,351 1 $31,204 19,017 91, US
$759,735 1 93,791 17,97 110,251
I.
yF*
V
EEtff1T TD MST PATIOS
1. First full Year of Plant neratla 1930.
7. 9,000,00 Nom naw - M ➢ears at it 1N mlemt rate.
4. 1107,00 fubm In tire, Ulf for Rmae Earn• rotMaim for General Wleg+tim Done.
2009 0.9911.0
5. Estlul+d at $0.04 pr kilant Oar - 10% of ON1 "allied at 4% Per year.
2079 1.3531.0
6 40,000.0 initial 0,14 1 A Waited at 44 per par.
7. Total of alum+14,51 and 6.
& Ccilun 7 dividedoy Iftgeatm +ver+ge &61801 VWwtfun of 1500,00 1,A.
(law rale SO In 1906 prolatd tc b 9.0511
Bg" gµ0 YEAR
9. Current rale of .,,film at at 31 pr, Year. -O'S
10. SIM &.nape +mual _,,tie, of 3,M.ODO bN.
a of 71 Uw furin Was only).
mage
MIO 1.0131.0
11. lnlmlt free hot Sari," Cavlrat rate
IL Total of alum 10 and II.
11 •
14. USIS PW eoualefomg, tt,arin ofWinf calm 7 ,0.o tde+l 7% Intel, %tart oAnJ aaary^I,
i IS. hllerena of alum 17 nous le.
yF*
V
r
�I
J
4-WAF/EIJEME 6JiaGiY
Arial mvc.mt23
FOR
TOA CITY, 10,:1
Esnl,tian rates
RYIAIF3fCTRIC 7MOJECT
Go a, Gumun{t
WALVItIF PILL DIN
Wm Rate 7%
Lmary I2, 1997
General OoltS+tion &rcs
ESUIPTEO RVE77sc'" h+aA6 POW104 a 155,000 AVN
I 2 ] 1 3 6 7
a V 9
10 It
12 13 N IS
I
ES7IPRTFD Mt
0.4513. ESTIPAfED
AVAIL CUT 6BE7ATIDV TOTAL
1 GOWER
COST 1 W9MASE
ANNUAL SERVICE
GOER &SERVE
NET
R)WT [®T SERVICE 1 P1ltG/ O,XIA k1/µ
GEA I CREDIT
CT®1T FIW
I [ff01T 00579 551105
701116 1 OiE'S1,T KtESpiT
YEAR Y+JW SERVICE coVERAGE [0676 COSTS costs
o®�•e>emoe>av®ems
PJ1 I PER XW
67515 INTEREST
052%07
CREDIT I WORM WORM LOAM
1990 1 1189.000 $0 $11,0)0 430,000 $MOOD
1991 2 1189.600
$0,471 63.053
1163,'50 $13.230
alga, 7301 185.7291217,757-12,te8
W 11,0!6 101.200 12!1.2`1
1992 3 1119.00 W
10.0071 10.055
1191.9'0 111230
R06, 1301 1180,059$20416W -121,319
014, 112 172, 445 113,560
1993 / 1189,000 W 111, I6B 133.7{1
63.471 0.07
100,637 H3,2.i0
113,2971 $174,519 119420 -[17,708
123,912
1994 5 1189.0k0 0 $14.26 25,06 123$,.321
10.89 1 10.060
$0.0681 W,Oi2
12US,662 $11230
1721,BY21 1169,211 $10,739 411.159
1217,03 113,220
1231,2391 I164, 157 /169, 920 -15,163
1999 10 11891000 10 114,512 1470 12.6,212
10.000 I 0.075
1261,021 113,24
177.61 I $110.942 1125,162 $15,780
2001 15 4169,00 $0 111105 /51,912 165,757
0.073 1 10.092
11142M 111231
$J3%1;6 1 1121,22 632,698 /28,321
209 20 1189,00 W $15,101 163,20 sh7,301
!0.016 I 10.112
1330,&l sN2,20
1593,631 11156325 $69,077 14,178
2014 25 W $0 115,07 176194 $94 17
SUM I W. 136
1{75,193 W
$475,493 1 27.609 It7,001 170,602
2019 30 W 0 $15,718 193,550 1109,27d
!0.031 1 10165
1576,310 W
137UIO I 15,997 114,356 161,642
2021 33 0 W 16,079 1113,828 1129,663
W.27I W.201
1703,846 W
103,8461 161921 112,163 15.7,71
2029 40 W 0 $16,358 11,192 11a,8'S
10-W 1 $0.213
SM6,3M 0
IM336 1 $57,14 $10,341 446,845
2034 45 W W 116,6a7 1166,49i 161,1&3
0.0531 $0.238 11.a1,fiN
$0 41.04I,e641 119.60 1$,617 140,790
2039 50 W W 111,024 !205.000 222,11
10.063: $0.362 II,M7,54
W /,297,5261
13,032 n,a7 $4454
1. Fint full year of plant a &,m 1990.
1 1,00,00 bow It" - 0 yea" at 71 , interns rate.
061T TO OAST PATIOS
1, 1109.05 (mm in Wm "It fm Renin, FQ-1- net reamr" for General Oo13s,tt" Wm1.
3. 21[12$163 1 63.01 Wr 411mitt nur - 161 tf :291 nnlitea it 4%
oar year.
6. 20,(00.0 amhtl O,M 1 R em,llted at 4% Air year.
2049 1.11:1.0
7. Toltl of mlu,ns 14,3, am 6.
2039 1,6511.01
L Colum 7 awm" OY nuutea ,uerase annual mmunlon of 3AA,6W bye.
1. Cern, rate aas ducal'[" it at 1s AV rear. TO,!, ran 10.03 In 1906 om3ecteo
to u 0.12331
MK GR
10. Dam an neral, annual maouctton of 15)0.04 an.
tVM
Il. Intereat fru Rot 5eryan Cner43e 1 a rata at 7, liar An"v tam, mlrl.
12. Total of mlnn 10 am II.
20122 LObI. W
I7. Inmu P -V "1241, anent Winn of ,1. 12 cmmtea us 7t iMerett, startme January 1, 1991.
11, Casts GW "aab amen' mrin of eolun 7 carat" at IS m:em% starttr3 J,mary 1, 19'30.
15. Oiffereme of cairn IJ nrus 14.
3n
Up=
w
i
4WEN.9EIPBSE S.Y1411
Trul nu iE4
EON
rates
th
I0.4 CITY, IDA
Carr Pumasat5t
NYJRlELCtRIC P,OJST
Owe his 711
[0.171&11 PILL CA
wm,l (siltation 2Prc:
January 14 1987
ES7MIEB P&146E AwJt PY39:71441 W 3.M,UW W
1 2 3 4
0.063 1 0.601
5
6
7
a I 3
10 II
12 1 13 14
IS
BEEFIT TO MST RWIIOS
3. $2.010100 abs nsue - EO Years of 1% tries Wornt rat'.
4. 1189.0(0 fused in bore sale fee Rv muo &rcs- not reaawed far General Obligation Wrcl.
I
STKTED Mr
4 t3a0oaW initial Otn A R nealAM at 44 we year.
2039 2.wsl.W
AWOL
ESTPATED
B. Coluen 7 daV,aA By ents,00 an,41e annual "union at 1.512,010 am.
I AGER
Mak UAVICE
I
BET
FNAA CERT
1937 1.0131.0)
627£AATION
TOTAL
CAST I PdRTWE
P&EA RESENNE
: CREDIT COSTS
'3NI05
MALT DEBT SMILE
l DELIVERY
O,PfR
lrViA
PER I CREDIT
CREDIT EOBO
TOTNL I P.5ENT D:fBEENT
PAESENT
YEAR YEAR SERVICE OMM
CASTS
COSTS
CAIS
NRI 1 PER 1011
COSTS INTEREST
CREDIT I WITH WAIN
WORTH
•1990 '1 1189.010
$0
$14.000
s30.0o0
$234010
10.0671 soLOM
1192,500 $13,230
$M,7301 11942111217,757
425,486
1931 2 $193,000
10
$14,056
S31.2to
1211,L%
$0.067 : $0.058
/20&16 $13.23]
$215,= I 13B&ON 1204,601
-116,509
1992 3 6189,00
$0
$14.112
sMtall
$26,50
10.(671 0.061
1214271 613.230
$26,461: it&,044 1119420
-10,244
'-1993 4 $189,010
0
$14,168
$31744
12:,,912
10.018 : !0.061
12$2,613 1112M
1274013 1 $180,04 110,739
-"
1994 5 $I83.0d1
0
014,23
05.0%
1774321
0.0601 0&67
x213, S85 113,230
$247,2151 1176,2b11169,"
$6,341
1999 10 1109LUCo
10
$11,512
P&M
$216,212
10.0701 to.065
1218.631 113.230
$711,8611 515&51516,162
137,372
2001 IS 1169,010
10
511,04
$51,932
s255,757
0.0731 10.109
021,137 113,230
091,571 $112,937 13&698
150,69
2103 EO $IB9LOW
10
$15,107
!63.204
12b7,301
1&036: $0.139
$04168120&20
16846681 1171,96 169,071
118,198
2011 6 10
0
515,407
049&
192,307
MOM I min
1620,&32 so
1 0,02 1 1114.368 417,007
191,360
4419 30 10
10
$15,719
01CeO
0V9,27a
10.031 1 10.26
1782,56 10
$792,M I 1104.(&. 114,3%
$89.734
202/ 35 0
10
$14035
1113.628
$129,063
0.0171 10.69
11,011,269 10 $1,011,2691
04,7111 114163
04555
„-' 2029 a 10
10
$16,358
1138.132
gN,dSJ
10.00 t 10.53
11,293,663 10 s11290.66
1 186,191 110,341
$75,0:0
2034 45 10
10
114F87
$16814%
110,1&3
0.(631 0.411
1011,61 $0 11,&7,611
88,431 10.BI7
$69,614
0339 50 0 10 $17,024 $2475,060 12$2.021
0.063 1 0.601
1&!(2,337
0 $4102,357 1 $71,370 17,531 63,013
i I. First full yew of Plant ownim 1930.
BEEFIT TO MST RWIIOS
3. $2.010100 abs nsue - EO Years of 1% tries Wornt rat'.
4. 1189.0(0 fused in bore sale fee Rv muo &rcs- not reaawed far General Obligation Wrcl.
5. Esttsat0 at 0.004 Per utlowtt hour - IVs of this mcli'm At 0 Per year.
2009 1.2411.00
4 t3a0oaW initial Otn A R nealAM at 44 we year.
2039 2.wsl.W
7. Total of mluans 3.4,5, as 4
B. Coluen 7 daV,aA By ents,00 an,41e annual "union at 1.512,010 am.
9. Current rate a$ mllatae at at 5s me year. (gall rate 10.045 in 1936 Rolect0 10 N IMM:
&Edi Me TEAR
to. Iron on nerap annual ora tucitlo, of 3.54,00 M.
11. Intones! fro Oen $mice Concrete at a rate at 73 Ito, Revenue Biros Only).
1937 1.0131.0)
12. Total of calwm 10 no 11.
13. Income PN Nuab ""A .,in of 014M 12 cbqute6 a: 1t Intern!, stwgno January 1. 1893.
N. Cons PIV eauals Percent ,grin of Pwn 7 ccaertk It d interest, starting JIPjm 1, 1990.
15. Odf"Mce, of ealuan IJ nnus Is.
i
37S
I�
rrI
u
�i
AEVENIE/EXPENSE SUp.RgY
fOR
Trl.l nvpr: 25
IWA CITY, IOW
E.C.t.H. I,
NYORO[L[CGIC Pg0)FCI
PaAnF Purch.X0:6i
C"ALVILLE MILL DAN
Banal Bar. )i
l.br.,, 21, 190
bre,c. Borg.
ESTIMATED AVERAGE ANNWL PREDICTION 0f 3,500,000 XNM
1 3 4 s d 1 a I °
t0
FSf• I ESTIMATED DEBT 12 I 13 14 is
.Ixnul LEN. TOTAL I P09EA ANMR
COS1 I PCREDIT POhq
PL. DEBT ADS a DEL. 0,N"
SGVI[E I ,
RESERVE MET
ANNEAL
YEAR YR. SERVICE C". "SIS PER I CREDIT "EDIT
..................... Mrs
........ (0515 COSTS XYM
1040 10131 I CREDIT "STs SAVINGS 1
PRESENT
I PER m
199p ..................
PRESENT PRESENT
INTEREST "EDIT
1 410,000 w- 814,000 110.000 n,S,000 ".Os] ••••••••••••••••
.....
[991 2 i14t,p00
.I
I IAUrX
• WRIx 4"rN
••t29,870
w 214,056 611,200 81",256 w.OS3 I w.Ow Rfl,tro
I
• ••o
tit,
o;'3' 1.3101,]11
$9,870
0.054 I
1993 < 11G1,OpO w 214,166 $33,244 210,91'
' 5224, Ise
lld
$ 62,663 U4
39,ero I 110,6«
3214,028
$3.054 w.DBA
1923 S 5151,000 w 214,223 $35,098 3190,321 w.05< 1 0.� '231,606
5191,011 315I,1as 512,932
fp,am
1 n 5251,8Cf
999 15 141,000 w 114,512
12004
t0,an 5261,134 j 31",66 2144,120 U4 11 8135,6°6
w2,ro0 f19e,212 40.05) I to.O9a
30:917
1111,051
is n<1,Oppw tl<,wS 131,952 1251,73) $3.0591
S9,3m Sub, 921 I 5116,352 3100,161 973,596
$3.129 $451,050
2009 zo 8141,Opa Io tIS, 401 3219.301
s9,aro uw, 520 I $161,059 473,101 591,738
$3.063 1 $3.151 3603,601
2014 25 if<t,Ow •f0 36,401
iv,em "O,<n I $1se,0< ts6,am 3101,"I
316,90o tar IT $3.061
S
I $3.211 w/,1n
1019 10 iIN,000 t0 515,
19.870 "17.02 1 2IS0,Bts $32,952 8101,01
11e 391,5$3 RS0,E28 So 072I 40.109
;
1,Ow
i102< IS ,90 i150,ero tl, 231,08 I 3161,e23 3g, 0a fR8,945
w w 81 6.035 2111,an
8119,"3 "
0.01 I .ft] I,U6,"0
201° 40
w il, <46,Sw I 3135,'91
I
SO w 316,356 2138,492 i15<,a50 50.0«
SI2,10 i12ldie 1
I 10.35) t, p15, 00
201< <S s0 to 116,"1 SI",496 5185,10
w 31,915,860 I 1119,251 110,141 w6.Wb I
".OSI I t0.1<0 2,590,604
:0117 so w 317,024 6206,000 322:,024
w 236$3,6236123-34a ",ev S114,53010
w.am I $3.991 3, 444,812
w ",<0,812 I 5111.691 I
23,531 t110p5J
1. ?(,at full Yhr of Pill "Tali. IM.
. tl,m0, 000 e>p Tau
4 ,.
. IIn,. 30 YRM at 2s t.u. Internt Y.T..
4Col fuMrA In Dar,d 2313 for R.rrr.M
BENEFIT TO COSI GIIOS
Ia,tlr•
s. [. tfnte At SO.w4 roe requlr.0 far eerl.nl abl lOrtian M,e..
of 181. r.c.l.tW
k"Wattal
6. 110,000.00 Inftf.l is
M .t per yev.
hdra 4;
.n, d, Mr I.r.
2019 2.0131.00
a. [alum 1 AIVI6eA 617 aUmteJ.v... ..
209 2.6L1.OD
9f 1,700,000 YNM,
9. Current rab Nr. meablM At at 6% MN., Ps...
..
t0. SAW on rvm Bar Yur. (Im rna 10,0<S In I9ea WolwtrA to b 10.051)
t On Of SrrtAO-1
nEAC
11. 1511$38' cone 0eee S rrvlh (0985151
At .
12. tmA1 of colon. 10 .n, II.
ii (lar RAve,q eon,, alrl.
EVEN YEAR
IJ, laoee VW APub Wnmt Morin at solum 12 a
I<, Co.h PW t- aaW rt II Inhh.X.
'990 1.13,1.00
p pr .... t Morm of solum 2 r nmri L,w 1,
11. Dllf""' 91 a
e�lb n II Inhrn4
solum 13 ALM. if. .totlrpnJ.nwryri,
1990,
DUO
IEVENIIE/ExPEKSE SUMMARY
Trltl beer: 26
_
FOR
Esubtim oto
Im CITY, Im
Paver Force ne:71
RTOROERCTRIC PROJECT
ford N.C.
7%
y
MIALVILLE MILL DAN
Rector mord[
Feb uary 27, 19%
ESTIMATED AVERAGE SOMALI. PROOIICTICN 07 3,500,000 NN
I I
t-
1 2 1 4 56 7 3 9 10
11 12
13 14
IS
ESTIMATED
DEBT
EST. MR AMMURA,
SERVICE
NET
uANNUAL
EEM. TOTAL COSI PURCHASI MR
RESERVE
CREDIT MIS
SAVINGS
PL. DEBT AOS 0 DEL. 0,11$1 AKNWL PER OMIT CREDIT
MO TOTAL
PRESENT PRESENT
PRESENT
YEAR YR. SERVICE M. SEM COSTS MIS NM PER SON COSTS
INTEREST CREDIT
MIR OwIM
LAIN
/Jj
I 1
...vnuuu.....uvv.....v.vvv..nu..v.. vvvv.vo... uvvuvu..uuvum.vu..vu.......u..n.mvum
1990 1 ti<I,000 w tt<,000 {10,000 3165,000 00.053 � 00.059 t206r500
49,670 R16,1ro �
{203,215 {112,69]
729, 116
1991 2 $141,000 0 914,056 $31,200 3166,256 0.053 0.061 $220,05
119,em f210,825
$201,611 4162,6113
136,923
1992 3 $141,000 0 $14,112 (32,4411 SUP.550 0.054 00.063 876,422
59,em 3246,292
3201,043 (153,105
$47,943
1991 4 3141,000 SO 314,166 $37,744 3166,912 0.054 0.072 $252,971
59,970 4262,60
4200,520 $144,120
456,00
144 $ $141,000 0 514,225 135,096 314,121 w.M 30.072 3270,679
$9,1171) 1250,54
4200,023 035,696
{64,332
i
194 10 04I,000 f0 514,512 $42,700 f198,212 0.057 0.106 5172,68
19,670 sO9,512
{196,0064100,761
i91,2<7
t
4
2004 15 {101000 0 11141805 451,932 5201,757 0.059 0.152 $532,467
39,970 $542,31/
{196,566 175,101
3/21,267
2009 30 4141,000 0 315,103 03,204 819,307 30.063 10.213 846,613
f9,9711 .056,03
5195,541 t56,6111
300,964
2014 25 4141,000 0 915,407 116,00 1231,107 30.061 0,24 41,047,444
119,80 $1,057,714
9194,64 02,9117
[151,83
til
3019 70 f141,000 40 195,139 491,50 S250,2711 00.072 O.120 $1,469,09% fi50,ero $1,64,964
812,610 S32,6711
514,932
2024 35 f0 f0 $16,035 1113,86 314,661 0.017 {0.569 $2,050,<80
0 R,0O,<60
092,41 312, 167
410,81
2029 40 10 0 316,356 1156,492 $154,650 tO.044 10.326 8,669,930
0 42,9119,930
5192,41 410,141
31e2.65D
2034 45 $0 0 06,667 $10.496 3165,163 0.053 51.153 $4,057,277
0 0,053,277
{192,41 0,617
00,173
2019 50 0 f0 1117,024 6205,050 3222,024 0.063 $1.624 0,664,971
0 35,E6G,931
$192,41 $7,517
$165,453
I. Ilra1 lull per of phot agntlm 140.
IEKVIt TO COSI 1.01101
3. il,no,04 bard Issw • 30 Veers at n true Inartst nu.
4. $30,00 fun e l In bond sale for Rsrerw Gude- rot re9ubnl for Ceuerst Obli9etlm bards.
'
S. 4tlRsud At 0.004 per Il lwstt hour - 105 of this nulstrd at 4% per year.
2019 2.17,1.00
6. 130,000.4 Initlal D,M C I esctlated at 46 par per.
2039 1.61,1.00
7. Tool of caltmm 3,4,5, rad 6.
B. Colum 7 df,fded by estfawtell BVmg...I proo,stlon of 3,500,000 IM.
9. Current rate was race land at at 711 per year. fbsl rate SOME In 1963 ProlsctM
m W 0,0591
$BEAK IWO
YEAR
10. $esM on sVanpe .1 pro lse lm of 3,500,0001JI.
11. Interest frm Debt Somite Cwsre9e at a ren of M Star Ra nw Balls only).
140 1.17:1.00
12. tool el rolums 10 rad 11.
_
11. Incur M fest. present worth of colus, 12 cmp,ted at n Interest, Btertlrq Jsnury 1, 140.
14. Costs m ewsls present worth of mlu n ] taMuted at n Interest, t.rthq
JUNury I, 140.
-
i
I
15. Differ Art, a pl lot. 13 Mlw 14.
-
REVENLYJEAp.NSE S,,sa,
/DR
Trial ranb'r' 27
IMA CITY, IBVA
Eentell an ntu
HYDROELECTRIC pRWECS
paw' PN`ChM:6;
EBRALVILLE HILL DAN
Roral R.I.
Eeerwr,, 27, 19M
ESTIMATED AVE RACE ANNUAL
Revenp earth
PRwDGTwN or 3,5a0,0ao ANN
a 1 9 10 11 12
EST. I ESTIMATED DEBT i U 14 13
ANNUAL GEN. I PMR AN"L SERVILE
9L. DEBT TOTAL COSI 191A[X.15[ I
ADS B DEL. O,HSR ANNUAL snare RESEInS NET
![AR
TN. SFRYICR EPL LASTS =,I PER I CREDIT QwIE I CREDIT COS IS USING$
.nuru.r••...... COSI. ANN 1 PER SNB PNm TOTAL 1 PRESENT pAC,H, PRESENT
1990 •••••u••m •••••••••••....u. ...v.. GOT IS INIEEESI pwiT I LCRIN WIX WIN
1 .155.000 w 914.000 110,000 1199,000 .. ..... ' ......•••
1991 x 8155,000 t0 f1<,Os" 07,300 fz00,3s6 OS7 I 80.0,7 $199,So0 $10.850 •• ..0,]30 •••••••••••••••••••
1992 l $15:,000 w $14,112 122,4$6 3203,,10 10.050 I 10.010 121],410 $
10,830 5222,320 I H96, Sd9 8183,931•• 110, UP
1993 4 1053,000 w SI4'Im I w.W $224,150 $30,050 5 ] 8394,1$2 /1 R.9t1 119,512
f9D4 S 5155,000 w 31<,2u f3 5.ova szo<,Jzf w.ose I 10.048 S" INS $2,.608 1 1191.637 qua)! 127 304
310,850 12419,{58 1 $,,9,57 3154,801 IN 74?
1990 10 1033,000 w 11{.512 u2,70o 3212,3$2 w. I w,Orz $253,6$2 tlo,So $2$21)14 ] 1167,312 M5.67a w1,6R
021 AS -096 2337.051 slo,na t17,9a1 1 3126,33 tl?,812 $$2,912
200{ IS $155,000 w SI4, 105 fSi, 932 R21, 757 $0.063 10.129 11
I SI,OSO 810,850 as61,Po0 I $167,{1{ 100,175 107,0)9
2109 20 [155,000 w 115,IW 863,2? $u1, 107 3010?
I M.112 SCSI,"? 81',850 "1"4571 1158,7!7 910,
to1< zs uss,wo 3G 115,<? a",voo uo,3o7 $
o.?t 491 ive,<96
I 10,$21 1107.762 $]0,650 1010,612 1 5150,?9 f<SrSu 8105,263
I3019 10 1135,000 90 tl,, 718 $93,510 3x$2,276 90.076 w,J? 1,Ow,96e 1165,050 81,246,ala I t16Ir Al 1$2,77 t1xp,On
2024 35 w w 116,015 5117,8Ba 2129'm $0.017 I $0.413 $1,4{6,580
2029 AS w $1,"6,580 1 !115,491 313,163 51$2,328
t0 80 (16,358 1138,492 SIN'B'0 w.W4 I M-551 $1,933,850
20l< R w w 116,$2) ,160,{96 3185,165 30.05] 1 t0.1<0 R.lPo,dOt 90 11. 935,1150 I 9129,212 S10,341 q1a, 976
2019 SO w 32.,90.604 1 ttu,348
30 AS [7,024 1205,000 $222,024 to.oalI MATT $114,530
10.991 w,<u,a1E w 11,<u,g2 1 3117,691 1
L First [110.153
t lull Ywr of Plant "I'll. to,. 1. S"no'co0 to, Iqu' • 10 Ywn at at t
A. 1155,000 lud'e In Done,urw Interest rate.,
t. lar R -w Acral', rpt reOulreN ler 4er*ral abl lOrt1612 bMe.
5. E'tlabA at 90.004 Por kilowatt Acer . IO% of this eaalan0 at {;
" 330,000,08 Initial O,H S R xnlge" at it pr Year.
7. Total 0l ,alum Par Year.
a. Cel 7,<.5, W 6.
an 7 at, Nas by utlplM ...re9S Rawl PradM[lon of ],500,000 kM,
0. Current nb 105 o2Rbte" at rt 6; M' Year. (Sue nb 00.0$1 In 1986
10. Rub sn'wn0a Aro.] pradpgen of 7,300,000 k.,r
11. t��en$t I'm Gait Sovlq Cewn9e rt S rata of n (/or Rave'.p IptlS mIY) etetl w b 30.057)
I2, Total of m ora 10 " 11.
Nort
ost.ANN r4Ri.'... present orth AT )12 -,w At n Inn...., Sort Lp Jup'ry f, 1990,
of .lLon
{. c9ge
I5, aIf ler 9..131 wnA o/ OraenW at
erce of 2alAm1 13 Nlnu' 14, n Interna Bart lrp Jaru'
ry 1, IP90.
BENEFIT TO EWT RAI105
2019 1AOtl.00
2019 2.u,1.00
BREAK EVEN YEAR
1910 1.0611.00
3Ms
`I
I A[YEINfIEMPEMEE S1MY.t9l Trial nrcw,p 28
Fpl E.talafar r ... A
ICW CI "'TWA Pour Puroha.:n
HYDROELECTRIC PROJECT mud Net. 0
CORALVILLE MILL DAA 1. Barrie
February 2F, 19M
ISI1MAED AVERAGE ANNWL PRwUCTiw Of 3,500,Ow NM
I 2 3 t 5 6 7 6 1 9 10 II 12 13 It Is
ESTIMATED (EST 1
EST. 1 POLEA ANNUAL SERVICE MET
AM%AL GEN. ,TOTAL MST MCNASE POVER RESERVE 1 CREDIT wily SAVINGS
II. DEBT AOS 1 DEL. O.M4A AMNWL PER 1 CREDIT CREDIT FUND TOTAL PRESENT pNESEMr PRESENT
YEAR IR. SERVICE LAV. =SIB LASTS CGS TS MN � IR W 'SIS INTEREST CREDIT 1 Sol IN NOR IN "IN
1990 ••1 •fIS.....................................
5••er.................
•..........................................
•••••
S,o o ' 514,000 1)0,000 1199,000 10.057 �0.059 5206,500 110,850 $217,350 18203,131 $185,98t 317,150
IWI 2 $155,000 SO $14,056 01,x10 1200,06 40.057 0.M3 1220,955 SI0,65D 901,805 1202,467 9174,911 927,556
IW2 3 SISS,om 90 514,112 132,445 1201,sw'M %ME
.O. $06,422 110,850 9247,2721 1201,807 4164,{33 $37,314
IW3 4 1155,00 $0 114,1645 R
),74A 3x02,912 10.058 0.072 $252,971 510,650 1263,821 s2o1,2msIs4,w1 w,,67TWA s 5155,00 0 514,20 05,096 9x04,321 '.058 1 0.077 5210,679 510,650 3x81529 1 1200,871145,678 155,109
1919 10 $155,00) 0 114,512 142,700 5212,212 10.061 1 %.106 079,612 no,eso 1390,492 1 BISSAU5107,818 IW,6Es
2104 15 SISS,Ow ' 914,805 351,953 S221,757 10.065W.152 5532,467 %0,850 1143,3t? 1196,90 3414,37S $116,548
20W 20 5155, ow SO 515,103 363,201 S03,SO7 W.067 0.213 1746,613 $10,550 $n7,M7 1195,795 $60,2v1 SIBS,$"
2014 m 1155,000 ' 315,407 126,910 1247,307 10.0/1 1 W.m I,ON,<04 $10,850 11,038,294 1 fl9<,9W %S,SM 5149,124
2019 30 9155,000 s0 915,718 03,Sw sz6A,08 10.076 $0.420 '1,469,094 1165,00 $1,674,944 %214,778 01,717 $110,=
2024 75 0 90 916,05 911),828 029,863 10,0)1 20.53912,OM,4' %$a,MD,4w S192,"1 112,10 3180,827
2029 40 w w 516,1%9W,<9E 118,650 to. OK2o.mS2,09,9)) %12,M9,9101 9I9E,991 110,741 itei, 650
204 45 0 0 S16.657 S163,496 085,10 0.051 91.1580,05),277 %10,0{1,2771 91W,W1 10,617 S184,In
2059 50 0 f0 $17,024 $20,000 $222,026 10.00 11.624 SS.610,01 0 45,684,931 1192,991 11,537 S1ES,4S3
1. Ilm lull VS., of plant PN,.tiar 1910. BENEFIT 10 COST RATIOS
7. $1,7340 Dred Isaw • 30 Pan .t as trw Interest rate.
A- 5155"M Dn6ed In (end 6610 for ARVeru Bonds- not raq lred for General Cbllgatlar 6m6s.
5. Estlrate6 At SO,w4 par Ml(watt hour - 105 of this oRlstad at 45 par Year. 2019 2.2211.00
6. 00,000.00 Initf.l 0,11 S 8 atsl.tW at 4% par year. 209 3.400.007. Total of col,' 3,4,5, and 6.
B. C01um 7 61VIda6 W atimta aver490 arVNul PYoMCIIm of 3,500.000 6M.
9. Currant rue was ewdated At at R Car year. (em rm'.043 In 19M projec eti to be 10.059) IARC EVER YEAR
10. bash on ...r.9. arVwl pnductlar of 3,500,000 L,L.
Il. Interest Irm Debt SIYVIC. C9Pn90 at . THIS of n (for Rovema Bods arty). 19m 1.0911.00
t2. Total of column 10 W IT.
13. them MN peal$ pr.smt North of colour 12 cmrytM at 1; Interest, uatlw JaNarV I, 1999.
It, Costs PPV putts VaImt wrth of colum 7 tmputM at n Interest, starling Jarwry I, TWO.
S. 01llerea. of W. 17 olrw 14.
97r
J"'t
i
REVENYF/EXPENSE SAVANT
Ea tnn Mm.r, 29
IMA CITY, IIA Eebbtlm tette
AIaCELECTRIG pko,ECI Ya✓ar PNrchrc.,di
i CMALVILIE MILL IAN 28,.1 R.I. 91
RehrarV 22, 190 Revell. lords
ESTIMATED AVERAGE ANNWL PRCOCTia OF 3,500,000 SYN
1 ) 4 5 6 7
e I 9 10 11
[St.
I ESTIMATED 0111 I2 I 13 1< IS
ANNUM an. I MhR ANNUAL SERVICE
IL. OEef ADS E DEL. O.N4q TOTAL [OST I MIMAGE PMEq NET
YEAR b. SERVICE CI, COSTS [NETS ARWIL Pa 9PIANO I CREDIT COSTS SAVINGS
CENTS I CREDIT CREDIT !WD TOTAL
%No KYN I PER CNII wSIS INTEREST I PRESENT PRESENT ,RESIN!
1990 , 1••f170•a0 .w �.......................... •••.•• • •••••• ............................................................
........... ...... I LANE IR ....N ... IN
..
ti<,060 210,000 42,{,000 •w. • '•••••••••••••••••.....................
1991 2 $120,000 So 114,056 ')1,200 $215,256 10, Wt I •COAs] 21pp,50o 214900 S211.<00 I 1197,570 800,000 ••yi,g0
1992 3 aIro,000 w 214112 $31,468 816,50 w, GNL2I 00.060 1211,470 111,900 2
NO
199) < 1170,000 w 1{4,10 ilS,x< I w' 9224.15e 3111,9a t22S.lro I 11195,100 000,046 37 GET
1994 s 5170,000 w fll,2n 005,0516 {219,)21 w.GO w. x.9,45! I $192 694 sim,7n 125,916
I Gm sn7,6m 111,900 849,50 I 3190.]41 21m,zK 84,12
I w.Dn {151.864 sit. So 220,764 I $Im,m0 5156,3n
1999 m 11ro,aa w 246512 u:,70o 1467,246 00.05 I 00.006 nn,ast all. Soo
axe,
2004 IS 1170,000 w {14,605 157,952 f2Jd,n7 60.00 O1I tln,3892115,so3 ml,em
100.1251 ttSI,Os0 {1{,900 xdz,nOl 4167,795 Ml,a12 581,90
:009 20 5170,000 110 fIS,lO 01,22 841,70, 1.071 I w.in 1603,607 Sll."O
2014 25 2170,000 w 115,407 276,900 862,)01 AD MIS•507 I 2159.059 604,167 194691
I 00.2)1 107,70 $11,900 019,02 I aIS1,0i2 xp,Il0 fIO2,692
2019 )0 tIro,000 w
$15. 718 1513,560 fl70,tn 10.00 I f0.)pq I,Om,9m 5184900 11128,10 I 2165,800 1]6,60 4129,111
I xa< 35 w w 216,0}5 11{3,08 2129,80
$0.07 I,4td,5m w 11.446.580 I $1x•491 $12,163 IIn,32e
i 2029 40 w w $16,ve flm,W2 2154,650 00.041
I i 00. 11,915, 15C w 51-935-a"I 289,277 210,x1 S,Ie,936 :Dx a to to
216,07 5,0, 006 2185,10M-053 I 50.740740 xo $2570,22
2059 50 w 8,590,62 I S""3,6 58,88 814,530
w so 11 7-02' $205,000 822.024 W.063
I 00.991 0,466,112 w 0,466,5111 I 1117,691 17,337 1110, 131
I. F11 -t NIL Yen of Plv,t operufen 1990.
7. $I,n0,Ow brd 1,,
.. 70 YA... At
4110, 9; ell. Intoes FAIR.e• 0051 I,Ade6 In bard .AIA for R.NeMu.
AN
BENEFIT l0 COST RATIO,
EW sord.• at rpYtrN for I", I OpllUtlm bN.,
kll"It hour-
at 20,004 la; of thl..ceAlatM
d, 00,0051o,0 Initlal is
O,Mpr
At
pr Y1.1.I
A 4 03CAlstad .t R pr Year.
I.lob" of "I"' SAO, "6.
2019 I.77,1.00
4. Calmr, ) anld, a ntlAAttd 077512 AAwI P'Pd Dtlm 91 ]•500,000
9, Cwrmt nb
2019 2.49,1,00
kM.
✓ae ercabtM at At 6% For "AT. (b4 rat. ".US In 1960 Wplrctt0
I0. an.6 m Awn...mAl pradctlm
of ],SDO,Dw kM. to b s0.O5I1
M Inbra.t Irm Oept 4rv, Cown0a o • 0,1
BREAK [YEN YEAR
of
12- lob, of coltma,P 10 ab Il, n (lar RrverAy Cella mly).
Il, InOr PW AWMI. prrcmt ✓girth of rol46m 12 c R
I{, CP.b PW "' "a"nt wrth Inbraa.
a'`tW
Jv.yry
1991 1.01,1.00
of "IL'" 2 9 A I art], q 1, 1990.
15. DlllarencA of 701077 11 adnu 14 O1at� at 7% Inbmq rtntlr0 nnw ry 1, 1990,
I
S
I 'IW"/EXPENSE S1,HARY
FOR Tr1A1 rN ':30
IMA CITY, IMA E.'Aletlm .....
HYDROELECTRIC PROJECT P~ Purchawn
CORALVILLE HILL DAN Intl R... 9)
Ieb.w 27, 19M RtreMe Snide
ESTIHATED AVERACE ENNWL pRMMrl, OF 3,500,000 5NN
1 z 1 < s a 7 e
I v 10 It 12 I 13 14 1f
EST, I ESIIPATEO DENT
ANNOAL LEN. I MR ANNTLAL SERVICE
PL. DEBT TOTAL Ca'I I "CHAS MR RESERVE
NET
ADS i 0[l. O,Hi1 ANNUAL PER I tlL01I "MIT IIHO .�. CREDIT COSTS SAVINGS
YEAR YR. SERVICE M. COSTS MST, COSTS TOTAL I PRESENT PRESENT PRESENT
......u................................... [YM I PEA MX CDS IS INTEREST "M:I I 1gAIN IRON IN YtlIX
....... ... o. .
1990 1 SIm,00D w 814,000 430,000 $214,000 w.Ml•l•f0A59 •1206,500.111,900•,8218,400 908,1129.....
1991 : 6m,000 w $14,056 61,200 8185,158 w.%z w. •••••••12 WIND, 1. •••••••••
IPo2 ) 31ro,osa w $14,112 812,448 8216,590 M.%2 I w,� 390,95! 111,900 I IS,lTE
1991 < f1ro,OM 10 f14,183 6J, 744 3217.912 NO j as -422 i11,9M {264,91 I t2GS,MS tiq•m 11S,372
199< 5 s1m,000 w 68,28 275,0% 4219,91 90.003 90.077 I 95,96
I tzm,6m f11,9M 6....n j $201,475 SIs6,3
n 8645,101
IDPo 10 s1ro,000 M 844,512 tt2,m0 f22T,212 30.065 1 90.183 919,69 911,900 3191,5421 91",00111i,3M 183,51/
i2M< is s1ro,000 SO f14,wS 851,%z s236,7S7 $0.068 1 90,152 $512,467 111,9M $544,167 1 9197,304 95,812 ff 11,46
I2009 20 SIM,000 t0 '151101 W,204 $248,107 50.071 1 30.211 2746,811 411,900 8758,711 i f1%,OW 464,167 i111,6Po
mt4 25 5110,000 w 115,407 96,00 $262,307 90.075 I w.Po9 1,09,441 811,900 $1,69,J<e 1 fl%,183 (48,1)0 il<d,dSl
2019 30 S'M,000 SO 115,718 $93,5M 32n,2n 90.000 I {0,420 flr4d9,M4 {181,900 t1,650,9DG 1 8216,866 416,683 8190,198
I 2024 35 w w st6,M5 611,628 S?M' W 10.031 I U. sap 82,060,4M
w 6,OM,8M1119,Po1 S12,IW f1W,97
2029 <p w w 66,156 3118,832 f15<,e50 90.0041 90.96
2019 is R,83p,910
w 9,839,60 $192m, st0,341 f19,dSO
t0 f0 116,687
2009 50 slaa,f96 $185,161 90.051 i $1,158 14,053,277 w 14,05],277 I 1192,991 w,e17 684,173
10 4o 917,94 9%,000 1222,024 w.Dal 41.98 85,838,9]1
M t5, 684,911 1 1192,96 27,511 tIDS,<Sl
I, lint loll ri., at P( -t apwtlm 19m.
S. $1,730,000 buy Iww • 30 Poe .t 95 tSIM'OM Imewet ntR, I[NE/11 10 MST RAf104
4. E'tlut /utletl In bond ub lar R.Nmw faq'• nat rep,lfq I9r fmNnl MII9etlm bvd..
S. [AtlHaq 6 50.004 pr kllaett How • 105 a/ thl$ 14751.427 A[ ti {wr ri$r.
6. 110,M0.00 Inulol a,H i R 8¢11627 AS 1% pr
T. TOI-I at c91um. 1,4,5, W 6. 2019 2.0841.00
I a, COlum 7 dlVldHS2039 3.20:1.00
m
9. Current e ..t rt6.tgtI4 At 1. 1 Nr.Ryl V*dctlm a/ 3,S00,000 NM.
to. tuq an 8907588 NrY,ml ger ri.r• (bu me $0.045 In 1966 p I.tq t9 M f0.059)
11. 17575758 /rm Debt farvl,00.846 p. At A -f 31S00,000 f.t. Of n (I., INV A land. m1Y)• BREAK EVEN YEAR12. totes .1'91mne ID mtl If. 1900 LOh1.00
Il. Incmn PW ePulA IRNHT orthN o/ Colum 12 Cmpulm at n InhrwlN $tArtlrq Juu.
Is. I' pNJ
eOf pw.lnt 1r,N at Colum 7'O.patq At n Int.rap mrtl J O I, 1990.
Is. 0111er.rce al Colum 13 NIM. 14. M u.ury I, t9m. ,
-I
kp(NUE/EXPENSE SMAN7 it ltl rats,,, 71.
FOR EattlBtlan rates
IOW CSIs, INA PWRr Punhue:6%
HYDROELECTRIC PROJECT Band let. S%
the AtVILLE
MILL DAN Gerard Obligation I.,
Too,., 27, 1966
ESIIPAIEO AVERAGE ANNUAL PXMTIW Of 3,500,000 RUN
I 2 3 A 5 6 7 a I 9 10 it 12 I 13 14 Is
I ESTIMATED DEBT
EST. I MR ANNUAL SERVICE I NET
ANNUAL OEM. TWAL COST I PURCHAS1 MR kESERVE I CREDIT =IS SAVINGS
PL. DEBT ADS E DEL. 0. ANN NNWL PER I CREDIT CREDIT FU10 TOTAL I PRESENT PRESENT PAESENT
YEAR 1R. SERVICE CP6 COS IS C LSTS COSTS NN.•I PER NN C TII.....vTEmEST CREDIT •I. SCOT..... SEE IN . SEAT IN
.................................................. v esn u. es , .....
100 1 S140,W0 30 %14,000 130,000 slu'a00 %0.0531 14.057 "99,500 59,6W uO,3W I 91".07 1171,163 123,645
i 1991 2 $140,000 0 $14,056 /31,20 5163,226 10.053 I 0.00 ull,4n $9,60 f221,2m I 110,x661461,610 "1,456
102 3 5140,000 $0 114,112 02,40 $186,560 0.053 I NAW 2224,156 0,60 $233,956 I sm,m sisz,za9 sm,691
1993 4 1140,000 0 $14,10 03,744 $187,912 0.04 I W.O6 •237,60 $9,60 3247,405 I "68,746 $143,357 145,339
104 5 5140,000 0 614,225 635,096 6169,321 0.054 I man lnl,80 $9AW 1261,664 I 1186,563 61x,90 $51,580
1999 10 $140,000 SO 114,512 542,700 $197,272 50.056 I 0.096 "37,051 59,500 "46,851 I $176,321 5100,253 $76,069
2004 15 $10,000 $0 $14,805 551,932 uO,25T 0.0591 50.129 851,050 0,60 1460,6501 1167,03 174,936 492,05
200 20 $140,000 0 115,10 $63,204 1216,307 SO.06T I 10.172 103,607 t149,S00 1253,407 I 5194,695 156,415 9138,20
2014 25 0 0 915,407 276,00 Su,307 $0.026 I 0.231 $807,162 0 $W1,762 1 8O,u0 $17,07 5131,222
2019 30 0 0 615,78 693,560 1109,218 0.01 I 0.30 I,OW,9W W 11,0O,9W I 1142,001 $14,356 5127,643
2024 35 SO $O •16,051113,828 1129,863 O.O7I 10.413 I,<46,560 011,10,501 1135,491 $12,163 $123,328
2029 40 20 11 116,358 $138,492 $15f,e.a 30.014 I %0,553 .1, 05,850 0 11,05,850 I 1129,272 310,311 1116,936
204 45 0 10 216,6111 S168,496 9185,10 W.OSS I W.74012,5W,DO W •2,50,60 I 1123,343 53,817 1114,530
2039 SO SO 0 117,04 •205,000 1222,024 10.031 I 0,991 ",466,612 0 $3.40,612 I 5117.691 22,537 $110,153
1. /Int Ball year of Plant operatlm 190. BENEFIT TO COT RATIO
3. 11,750,000 Dad haw . 20 "am At SS tray Intoes[ rate.
4. 1140,000 luded In bawd est. far A. Sande• net required for Cenral abligetlm bands.
S. stt Wted at 10.004 per kilowatt bow • IO of this esulsted at 4% per Year. 200 1.7211.00
6. •30,000.00 Inlflat O.M L R •..elated at 4%pr Yee.. 2039 3.11040
7. Total of .alums 3,4,5, anal 6.
e. Colum 7 divided by estimated ewnst .1 predctlm of 3,700,000 kwo.
9. Current rate we. asnl•ted at at 61 per Year. (Bur rete $0.045 In 19W Plaltoted to So 0.057) RAL[% [YEN YEAR
10. Based an avenge ervwl ,,miction of 3,5W,OW kM.
17. Intorrt frm Debt S.mleaCmengi st a rue of 71 (far Be. lads m1Y). 1990 1.1411.00
u. Coral of ralums 10 Brd 11.
13. Inew PW 147014 Prumt earth of Nlum 12 toPplted at 7% Interest, starting Jahwe" 1, 1"0.
14. Costs PW poets present earth Of Colum 7 oomµted at 71 lnureN, mrtlrp !.tory 1, 190.
8, 011bnrce of malum 13 of. 14.
b 7Sp
�i
.1wl 5
u
REVEMYJE/Ell ROSE OPPARY Trlel M ,, 32
ION Eecel.tion rater
TWA CITY, IMA P., PunAuetM
HYDROELECTRIC PROJECT Bond Net. 53
MALVILLE MILL Oµ General Dbllg6lm Bond.
sato u.ry 27, 19M
ESTIMATED AVERAGE ANWAL PROD CTICN OF 3,500,000 C1N1
1 2 3 45 6 7 3 9 10 I1 12 1 13 14 IS
ESTEMASED Of Br I
EST. 10.£11 µJAL SERVI[f I NET
ANNIAL CEM. TOTAL COST RIACMAS 90.49 RESERVE I CREDIT COSTS SAVINGS
PL. DEBT ADS L DEL. 0,06 AMNWL PER LROIT GE6T TWD TOTAL PRESENT PRESENT PRESENT
Rµ YR. SERVICE COV. COSTS COSIS CORS CYN I PE.. CW 11 1$1BESI CREDIT µ437M 141 TM "IM
...................................................
,
1990 1•• ' • • •
1140,000 0 114,000 530,000 S16,000 10.053 ...
0. • ..........
0
059 REM'' 0 19.ar
300 616,300 x•• ••
5202,150 $171,90 $30,181
1991 2 1140,000 0 $14,056 $31,200 51SS,156 MOSS M.OS1 3220,955 39,800 Sm'YSS $201,550 $161,310 539,741
1992 3 $140,000 0 $14,112 112,443 1186,560 10.053 0.00 S2M,422 39,800 t246,222 3200,990 11521269 343,702
1993 4 $140,000 0 1114,163 133,744 $16,912 40.054 I 10.072 652,971 19,300 1Z6Z,771 5200,467 $143,337 SS7,110
1994 5 9140,000 $0 114,225 535,096 3189,321 0.034 30.077 120,679 19,00 630,479 3IEV,978 1134,963 164,995
1999 10 1140,000 SO 114,512 56,700 $197,212 $0.056 $0.103 3379,66 $9,840 3M9,442 I 5197,98 $100,253 $91,720
2004 IS $140,000 EO 38,805 151,952 5206,57 s0A59 30,152 1532,467 $9,340 1542,267 $196,543 $74,938 4121,604
I
2009 20 f1<0,000 110 315,10 $61,206 1413,16 30.062 $0.213 $746,813 1149,800 696,613 6311702 $56,415 315,237
2014 25 $0 0 115,407 176,900 $92,307 0.026 $0.240 $1, 047,<6 $0 51,047,444 I $192,991 $17,007 65,983 1
2019 30 $0 90 315,718 393,560 1109,278 90,031 30.60 $I,f69,094 10 31,469,094 I 1192,991 $1/,356 3178,635
2024 35 N 0 316,035 1113,68 S129,80 10.037 1 0.539 6,060,480 0 12,060,480 3192,991 812,10 3180,827
2029 40 30 30 316,358 $111,492 3IS4,8SO 0.044 0,66 12,889,930 0 12,889,930 1192,971 510,341 116,650
2034 45 $0 30 116,07 1168,496 $183,10 0.053 0.383 6.053,277 0 6,053,277 1 3192,991 NEW 3134,15
2039 50 $0 0 317,024 $ZOS,000 $222,024 0.00 S1.dX 45,66,0.31 0 35,66,931 I 3192,991 6,537 3185,453
i
1. First full Year 0( plot Op.rstim 190. BENEFIT TO COST RATIOS
3. 31,50,000 bend buw • 20 pole .t 53 true Interest rats.
4. 1140,00 fuSfed in band at. for Rererue BordV rat reµlrN for Cenral Obligation bends.
S. E.tlaotN At 0.06 For kilowatt ben • 10 of this nuletN at 43 per year. 2009 1.9311.00
6. 530,000.00 Initi.L O,M i R sulates at 4% psr Year. 2039 4.0011.00
7. Total of eat. 3,4,5, and d.
0. ColLen 7 divided by estlrtM .,.I- --I Plad tlm of 3,500,000 kJl.
9. Current rate wasua.la,W at at R per Year. (lace Fµ1. 0A4S in 1966 WolectN to W $0.059) BREAK IWO YEAR
10. law On ae.r., ..I p Dol cti. of 3,50,000 kW.
11. Interest fr. Debt Ssrvioe Co,.,.,. at s rat. of n (for A... Bard. only). 1990 1.1811.00
li. Total of column 10 and 11.
13. Inane 9W "at. pna.nt N.rtN of c.lum 12 00µ1N at M fntv..q startfM J.Mary 1, IND.
14. Carts 140 .peat• pro.., .,to of Whim 7 consjtAO at 71 Int.rat, mcal, Jumar7 1, 1940.
IS. Different. of ..Team 13 al Ma 14. _
1875
fq�
Y
`1
IEVENVf/EFalNiE SIgGq)
U
TWA CITY'
IT"' ^'Der+ 33
1aA
M
Gc.IA[la, n[o
EALVILLE ILL
EaGLVIIIE Nitt OAN
Tam pv
Nur�
1^
ESTMATED A hWN.ry 2), 190
AVERAGE
1 RAIN 62
4Aryr.1 Cb119A[I °^
1
AMNUAI pRpOOCIiDY OE I,SOO,OPo RV
+•^d.
1
1"
+
I 9 0 II
FS}, I ESTIMATED OE,, 11
I 1! 1{ 15
r
TOTAL "REAL SINVICE
DFBI ADS E COL. EGET I PINCUS
149 TR,
• •l. •GONV.NGEN.
{O'hat1315 ANNA1l PER
SERVICE COV, COfff I 0011�li RESERVE
••• • u• ..n.... MST$ TOMO
I UO1I NET
MISTS
1
t h1
m..• . 1001 I PEA CVM IOrA
Two 1 015], 600 •,w • •� ••••� COS
••••••.•.. u....... INTEREST OR AS
f14,ppp fl0, 000
........ .....••••••......
IWI
SAVINGS
I PRESENT PRESENT PRESENT
I WIN
r
2 {151,X00 {197,..0
I 514.X.. 131.200 alga, 86 w.Oa I 0.05] •••••
0199,500 {10,)10 .......................
1992 ] 11:!,000 w 174,82 I 0,060
SUIN NUtN
...... ••{n,ua
199] { 113],000 w 442 X199.50
tlz, w.o5)
R8.{m slo.)0 +72.10
iPo{ 114,$0 $33.74{ I w,mi I
I 096.435114.112
slu,m1
..,
320,9{2 w.p5)
$224.158 $10,710 0254,"0
s $9.000 w 014,225 O5,09a I w,ma a I
wOz-Ji1 dm $10.70
$17.14
5191.722210, f,a,U2
12",]181
0.056 a,,
I
999 10 0137,000 ER51, UA 510,710
+159.{40 t15I,25N70 t2",822
w 502,374
334,512 wz, I
mD 00.61 w.mp
5181,212 $144,252 KP,9O
.06
I w.om 3333,031 $10,710
200 Is $15!.000 f0 S14,a01 '11.932 f tu), 76t I
219,7)
SI)6.7{ 31 m,ml
so. 10.129
:pov to n13,XD0 w 4337,030 {10,70 4361,760 I
$1s,t0! 06],204
569,92]
3367156]
[
9 r••I
071,]07 w.$m,'1p
NSM 10.133 +Ol,O)sia7.710
2014 7 w
7IS
J
"",317i"7,
+0 [15,407 A6, 900 592.307 80.026 I
I w.al
i1942a9 +59,334 4133,515
00),762
w w fls,)le 591150 w '1O,762I
'109,20 $0.131
+28.00 317.007 tul.eE2
IN• '
24 5 I 0.109 1,
1024 JS Ow,9m t0 {1,00,965
w w 116,011 fil], I +I<2,
7.
Oe %lp Ia WI I 0I1
004 ${4,756 9127,Ga
.41.446,15"0 w 5I,4{6,5O
2029 w w w $16,358 +11",492 I 11I5,{pl 033.10
1 {154,06
I
w.U{
2014 <5 I +0.357 $1,915,00
w
f0 w 211935'030I 3129,233
w 116,0) $10,496 2181,10
SIO,341
'.. I
0,051 i 0,)40 t2,5Po,dm
209 50
ttid,9m
1'+
$0 t2,5Po,
w f0 31)02 320 2zzpz< d0{ I 021.436
,5, 000 3222'U' to.wt
{2.233 43143]0
13,40,61: fa'1,{0,543
i
I $19,69{
3• Int INTI YR.r eI PIm[
7. 11.70.00 °3333X0 7990.
Le'E I"NA'
ER, 15]7 fI10, ISJ
.w
20 Y.... A] 0 tM In[ern[ nn.
a. [87.00 091313 In batl W. Ier
3. Gtiptq a IO.pm
I.Vmq 1w ,yt r Ir
NON NJ for 056331 m119•tfM be,yA,
M. $10,000,00 I'll AAI 005 el [2...431.513
133331
IlN[7II IO MST RAl10f
ij1{$
,..
O,N {kR tb t {% At {% MY ye".
7. foul of CelumA 714,5, .,y {, Iwr YA.r,
0. COIL NN 761v1dq by •.t INNEW .v.r.Op .N...1
9• Current nn na Gc.Iltw .t Wodstlm of 7,50,000
2009 1.621.00
2011 2.8+1.X0
.t M% IM.
10. SAW m Avv.9A • NAAj P•o4ct1 Hr YA.I. let• neN $0.0{5 In 190 W
It. Am NY 3 .150{13 to
(551
lotenq b 50.017)
Oebt f."Ic• Cover p .%. rPo.�Ik3'
fe -1 91 colu•r. la .b 11, !ler R.v.,y
ISEAC WEN 11R
112,
13. Ircm,. 1rgA mly),
14, [o.M1 pW •W.I. Wnm[ wrtn of {011533 12 Co
19Po {.021.00
tw At 7% Inrtn.q
Mul. Wmnt fo of c.l uv,) coryyrq u n In[eret,
R.rtl„p L,wry 1, 1900,
I5. 011lenro of 051430 I! .I,N,.
µ. .urtl J
M .Ou.ry I, 1990,
I I
i
.
V
7S
`1
5
1
t �
5
I
1
I IEVFNUF/EYPFMSE 55.HAIT •
I IM THAI A"DN" 34
IOW city, TWA F.ahtlm nes.
419ROfLECIRIC p,OJEtt Ppw' P.I,hes.ln
MULVILLE HILL DAN sand Am 6S
IRb.,V 27. ISM C.nent Obtloul°n'pn6.
ESi1XAif0 AVERAGE ANRLIAL PRWWTEDX Or 3,500,000 IA
1 2 3 { 5 6 ) 5 1 9
to 11 EST. I ESTINATED 111, i2 I 13 14 IS
ANWAL GEN. I POKER ANNUAL SERVICE
IL. DEBT wf B DEL. 0 �� TOTAL COSI I wRCNASE
Put RESERVE YEAR R. SERVICE M. WSIf E ;Tp PEI I CREDIT GA.,, I 4EOIT COSTS SAVINGS ET
•mu..•••....... WBn Ill' TOTAL I peESENT VIN4f
o.v.•.•••mvm... 'd1 ITER %IIX COSI, INTEREST IR[fFMI PRESENT
l
••••••••••• ......•. 4[Olt I IW IN
929 1 1151,000 w ff<,OW 110,000 3197,000 • • • •• ............................ lgglM SUN IN
1991 2 1153,000 10 514,056 131,200 S198,2Sa '.OST • •••••••••••�••••IN
1992 7 5153,000 w ff<, 112 f72,448 3199.556 10.05) I b.Ot9 1206,SW TIO, 110 1217,210 I 32',OW t184,112 ••$11,111
1993 < !131,000 t0 $34,1&8 fA,)44 820 912 6.037 1 "'DOE 5220,9!5 t10,T10 fill,'% I 802,345 mn,164 S
IDO< I '.Dae !236,422 210.710 "471172 I 1601.73 (162,900 19,181
s flt],o10 w t11,21 2I5,O6 1i02,12t 10.038 1252,9)1 510.)10 296),&81 511,&87
1999 t0 if33,Oo to 514.512 342,wo $210,212 b,Op I w.Dn (2)0,6)9 110,)10 1281,119 I $22001,161 1153,252 556,&83
I $200.6211144,252 t56,)n
2004 13 !153,000 so 114,05 351,9!2 1219, 717 b,O$3 I 56.10 UN,642 SIO, )ID $390,532 I %198,415 51G6.861 191,!74
I 6.152 1372,{6) 310,)10 Itll,in 1 5196,172 tn,65o •117.222
1009 20 1151,000 b 115,1$3 f$3,204 3$31,]07 10,066
I 2014 25 I 10.213 2746,113 110,710 1910.523 1 1275,296 t59,n< t1 71,512
w SO 115,407 276,"o 292.30) 56.0261 '0.29P I,WT, «4
2019 10 b I1.O7•444 I 5192,01 aI T,O7 1175,9$3
w 30 115•711 591.5' 110,271
56.071 I w.420 1,469,04
2024 73 w w SI6.035 1113,@1 1[29.863 f0, b ft,{dP, Opo I $192,991 $14,356 1f 70, &85
'1 1 t0.S89 f2,060,<' w f1,Od0,<a0 1 3
209 <0 f0 30 316,551 1133,492a,4g1 fHt, 850 !0,044 1192,01 312,163 110,Ur
2014 41 I 56.82632,&89, 930 b'2,&89,9301 1192, O1 510,341 1182,650
56 30 316.a8T 1168.496 Sla3,1e3 50.053 1 51.158 34.051,271
2039 50 So 50 517,024 1105,00 $222,024 10.063 10 54.051,271 I $391,991 N,117 SI8<,In
I t1.6zf fs, 68<,q]1 56 15, 68{,WI I if p2, o91 17.!77 SIBs,431
I. 111-t fVlI'.r of pl.nt wentlm 1929.
S. SI,n0,OOp bm.f f.,,. 20 "I" At 6% LAVA Inures! nIA.
4. its] ,pO ftoeeX In bey nl. for Rrvmy OWN. BENEFIT 10 MST Am"
S. E.LINL.6.c 10.004 err kllwat 4p 1 • Ant MI'm for G"'.1 OOII..t1m bny,
b. i]O,OW.W In It ISI O,N t R "tt I R 4; of BMA ua41H.14%
7. Tofel R1 Col t.m. J,{.!, W 6. Pr YI°r• Wr Y..r.
e. 191 Vm 7 tlIrIOM 200 . 1.82,1.0o
by
rI.tAq .wno' Annul 2039 most.00
9. .rant r.t. n. ..n1aM q a n pre6uctlm of 3.500 000 IN.
I 10. 1u.6 m .Ver.ge An,ol per run IB u. r.t. to.%S In 1916
11. Interest frm O.bt S.,Vl� .r 0 ost �5^�S /kII •f Aar R M°2tt1[6 to 4 20.OSp1
12. TRIAL of m11.na 10 .716 II. UTAK [VEX TEAR
.venVA Bor,G. Only).
il. In. PlA' pwb pr..mc Iwth RI m'^ 12 c IWO 1.1011.0
14, tesn m". p,.,.nt Nonh of colu 7 'AA
mpvIAO It n Inbrut, .esrtl
IS- DlffmAc. of c.11nA IS .1m 14, wta rt n Intuut• .urt lnp�.ny rr t, IVAN,
h 1, 190.
3W
[V``
I
I .
$EV[YDE/FMPEMSE fUyggT
TOM AIDN" 3
TWA CTR, IOW GCtlRI.
xwAOELECIAIC PROJECT 0a 1 Pultl,.... 6,
'
COGLVItLE MILL DAN I" 4b
1.br ,y 27, 19M SAKral Obll.tlon `amf
ESTIMATED AVEGCE 44LAILL
f
PROwCTIw 07 ),SOD,M IYM
I
1 2 ! < 5 6 2 8 1 9
EEL
7 I'�
to
EST. I ESTIMATED BEST 12 13 IL IS
i
A AAL pqq I AOY[T AMMDAL SERVICE
PL. DEBT TOTAL COSI I %ryCVIA3 I
COs F DEL. POSTS
i
O,MG AYYWL PG AESEAK NET
SGT VA. SERVICE m. [Oils [Osis COSTS � I GSEIi GwII /TOO TOTAL I RESENT COfif GVINON
• ......
• 2165•••• ••••••••••'.••••••••..... I PER [AOI i PRESENT PRESENT
CON IS INTEREST ""IT
IWI I. 2165, 000 w 314'00 UO.Igp •UWOCO 0.•A•.••..••••. •'•n.........................CREDIT I Mix 19RIx WTN
2 s16S,00tl I w.05I ••
-
w $1..036 131,200 32f0,2Sb w.Ow
1199,500 [11,550 [211,050
I992 ) [165,000 30 i1<, 112 I 3197,2U•t195r327
f211.gp $71,550 •••$1,916
SO.pw
[211,560 w.Dda
1993 4 2165,000 w $12,163 $ UA,OwI 31.,794[163,6[6
[11,1.9
03.744 BI2, 9IE $0.0611 w,
I
$165,000 f0 fl.,2n S1921408 $11196 $19,712
135,096 tf
1219,)21 w.pbl 0:72 so 1.550
1,550 2249,150 I ITT . . 1 *162,430 $27,652
I 251'664 111,550
$263,414
1999 10 2165,000 0 [14,512 U2,no
I $187,831 $1sz,ew us,am
022,212
J-'
w.o63 I 0.0% $337.051 151'550 u<8,0I I [177.2113112,961
2CO4 15 2165'OCO $0 $24,05
U.,23o
$51,02 11UI.n7 $0.066 I 0.129 K51,050 $11'550
U6z,600 I [167.668 0)'999
2009 20 2165, 000 110 f15,10 363,206 U43r107 S'.
w,p1p I O.TTa S603.w7 $1/6,5,0 "0'137 1 $201,607 `62,815 313a,n2
201. 35 w 30 iIS.<W 376,90
$92,)07 w,D2e I 0.231 fa07, 762 $0 207,762 I 31.x,630
2019 30 $O
2f7.pp7 slll,a22
w $15,71a $93,50 3Iw,27a w.0n
I w.lw 11,0INT",
2024 35 w w 156,635 tlf),a2e 1129' w fl,ow,963I $1a.p04 64,756 $127,"a
x63 0.017
I 0.413 2f,4(6,sw
2029 40 031,444,501 '135'491 312,t63 f123d28
NO t0 316,]58 313x,.92
f154,a50 0.044 I w,Ss3 111,9!5.630
_
2034 45 w 31.9!5,850 I 3129,277 SMUT 111111,936
w w $16'6311168,.96 [163,163
! I
0,051 I 0.7.0 $2,590,60.
M..
0 32,590,604
2039 SO AO t0 1117.024 U05,00'R22,Oi4 0.063 I 312!,1.8 0.1117 21 2.,510
I
I w.99113.466'a13 SO S3.466,612 [117.691
i Ly
63.537 3110,151
I. 91rrt lull VA., of pont opr,tlon
I9pD,
1. '4750,040pptl luw
20 n.,.
4. IIdSr000 ,e n tru InhK.e 1521,
IWp In papa A- . IN, A.v.,y BENEFIT i0 MST TAi10E
i
215•,65,
S. Ntl.ty At 30.063 pr kllw.. Aaur . Aet IV LIlry for WIlo.tf. R O.nAr.1 M .
d• 130,900.0 Initla el tM. W.IAty
O,M s A nwlrty a 463
•t 4; Por p•r.
OR, VAST.
7. TRIAL of ColumA 3,44..M
6, 2009 1,5311.4311
e. Colum 7 allay a alraa .90.0• 2039 2.3111.00
AnuAl
9. Corrmt nM1 .A. unbty At •t 6; W`M`J`tlan of 1,500,000 k,,
I ID, h.y..n., p.r Y.r. (I...
[(j
_
nM1 [0,045 515 1963 prol.ity to
❑. Ent.t 00 kl. b 110,OS7)
Oebt• S ,I,.
T3, lax Of col um. 10 A, 11. GEAR [Yix S[.
v w
Cm .p.pAt AVAR. of is (ler R.V.ru• 211„x, mlYl,
...
Il. IKP"M PM1' pylS Or...nt Marl al [plum I2 c 1990 1.0to.00
14. CORI. .W A .I. mpmy At n In...,
{
i
pr. wnN el [alum 7 e q.rtl
I5. 0116renc• of [plum I3 Rlrm. 14. o tMl At n (Tor.......... �.np 1�
I
ryry
.
J
1-
I
I -
i
REVEMENPENSE CUPW@ Trltl .AMNrr 36
IN Eutb[Im atu
TWA CITY, IOW P -Nr P.10.1. 7n
M'ROELECTRIC PROJECT 1md Nate R
CWALVILLE KILL OAK CePNeaI W110e11m BMtlt
rrbvsry 27, 19M
ESTIMATED AVERAGE ANNUAL PREDICTION Or 3,50,WO SYX
1 2 3 4 5 6 7 6 1 9 ID 11 12 13 14 Is
I ESTIMATED DEBT
ESL Me "WhAL SERVICE I NET
ANeNL GEN. TOTAL [OSI I MORE MR RESERVE OMIT MST$ SAVINGS
PL. DEBT An 1 DEC. O,INIR ANNUAL PER CREDIT OMIT NNO TOTAL IIfSENT PRESENT IRESFMi
1[1 14. SERVICE TLV. "fif WSf3 COSTS [YN I /ER [YN COSTS INTEREST CREDIT I mIN 141$ MTN
IWO ••1••$165,000.0 N14,CW •00,484 •SM9,0W '.OW I••W,059 92M,500 ...............
$11,550 ••!2119,050 I •9284,1115 SIB5.32/ N••M,4511
1991 2 5165,000 0 114,056 131,200 $210,06 W.OW M.OM 1220,955 $11,550 1232,505 9201,079 $1M,646 $19,433
ME 3 1165,084 $0 $14,112 132,40 1211,SW ".MO I ",0619 3236,422 311,550 1247,912 I 1842,119 $172,696 129,723
1993 4 116S,"0 0 314,10 133,1" 3212,912 84.061 I 84.072 1252,911 $111550 3264,521 I 8201,842 1184,430 139,3)3
1996 5 $165,000 0 114,225 05,096 9214,321 W.MI I 10.077 f2W,679 $11,550 32192,229 11201,226 3152,19019 468,416
1984 10 1165,000 " 814,512 $42,700 1222,232 W.065 I 30.119 "19,612 $11,550 (391,192 I 1198,M2 $112,961 WS,WI
S00< 15 3165,000 f0 $14,1905 $31,952 3211,251 '.OM {0.152 1592,<dl (11,550 RK,OI) I IID7,117 1M,999 3313, 1711
2084 20 5165,000 f0 515,103 563,201 $20,307 ',OWI U-213 1746,1113 $176,550 $923,363 1,1511,615 392,575 1115,739
2014 U " 90 315,07 176,984 592,307 10.026 I 40.299 $1,047,444 90 SI,047,444 192,991 $17,007 $175,961
2019 30 0 W 65,7311 393,564 f1W,2FS 50,011 ".42091,469,04 W iT,<69, 091 I {192,991 fI4,3sd f17d,M5
2014 35 W " f16,035 $113,11211 1129,1161 ".031 84,5119 fi, 060,3" " 32,060,<" I f192r991 312,165 51M,921
MIT 40 $o $0 216,3511 1138,492 $151,550 10.041 '-M 92,M9,D30 0 12,789,930 at92,01 $10,341 9192,650
2054 45 W 0 $36,"7 1163,496 11115,161 W,OSS 11.158 46,053,277
90 46,053,277 1 3192,981 0,511 3146,375
2039 so SO $0 $17,024 9205,000 $222,024 '.061 I 31.624 SS,6U,931 IS 15104,931 I 1192,991 $7,537 31115,153
1. first full Year PI pl Wt oper.11. 1990. BENEFIT t0 COST NAt10f
3.'rI5o,000 pend I--- • M Yet'- At n true Interest rate.
4. 1165.000 faWd In Intl eab for Re,w. Iutln -t requlrW for Gerard Opll9ula0 taste.
S. Es"N'tW at ".001 "411-11 h -r • 103 of this esKINted At 43 Far Year. 2009 1.7213.00
6.'0,084.00 IPIt1Al 0,4611 uubTW .1 It pr "Ir. i"9 3.82[1.00
7. Iota of Po1L-u 3,4,5, W d.
it. Collor, 7 d1vldW b/ eaueutW mnpe Nmol prodctlm PI 1,01,0, YM.
9. Net"% rate Net eaUlAtW At At 7; pr War. Else. rate 10.045 In IBM pro11tW tP N 10.0591 $RUC EVEN YEAR
10. $saw - atan9e .1 prodeetlm PC 3,503,00D kM.
11. ITTerut frm Debt Ionic@ C-esa9e at A rata PI 73 Cf., NO. mast, m1Yf. ID" 1.4611.00
12. IPetl of column 10 AM If.
I). I" Ivo N9uNb p'-tmt wrth of cclum 32 caputW at n lntsreaL stutIM JnuNry 1, 1990.
I
4. CORI. ANN ,gat. preemt .,,h PI c.Ju 7 cPiqutw at 7i 10tese1, uutl[r9 4.., I, IDDM.
15. WIN, Are: A oI C.I. 13 aro 14,
a or
AGREEMENT FOR ELECTRIC GENERATION,
DISTRIBUTION AND SERVICE
3 7t
„
Y
1
RESOLUTION NO. 86_ 90
!
RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE
CITY CLERK TO ATTEST AN
AND THE
AGREEMENT FOR ELECTRICAL GENERATION, DISTRI-
BUTION AND SERVICE BETWEEN THE CITY
IOWA -ILLINOIS
1!
OF IOWA CITY, IOWA, AND
GAS 8 ELECTRIC COMPANY IN CONNECTION WITH A CITY
JECT TO ESTABLISH A HYDRO -ELECTRIC
MILLDAM
_
PRO-
SITE ON THE IOWA RIVER.
GENERATION PLANT AT THE CORALVILLE
WHEREAS, the City of Iowa City has undertaken to stud
constructing a hydro -electric the
feasibility of
on the Iowa River in order Y
generation Plant at the Coralville milldam
t0 Provide electrical
water treatment site
^i1
plant; energy
and gy for use at the City's
_
WHEREAS, the City'selectric franchise with Iowa -Illinois
Company, Ordinance No• 86-
u
Gas & Electric
Company shall, if request Provides at Section 14 thereof that the
Purchase AMY,
enter into an agreement to either
or wheel electric er9Y Produced at such
e
other City facilities;
and a generating facility to
form of WHEREAS, the City and the Company have negotiated such
theret "Agreement
-1,
attached an agreement, in the
and made ar Electrical Generation, Distribution and
part hereof;
and Service,"
r�
WHEREAS, said Agreement by its terns is to become
the above -referenced
L,
effective u
the City of Iowa Cit Pon approval of
franchise ordinance by the City Council
Y, and
chise; and and voters of
will run concurrently with the term
� �I
of said fran-
WHEREAS, this Cit Counas been advised
in the best
i
interest
nterestoncil the
of and does believe that it
City of Iowa City, Iowa would be
ment with Iowa -Illinois Gas to
`I
& Electric Company, I execute said Agree -
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF IOWA
the "Agreement for Electrical
J
CITY
of which is attached hereto and made a IOWA, that
Generation, Distribution and
form and
content, part hereof, is herebySpam a copy
approved
AND as to
BE
ized
ized directed toexecuteethat and attesiay�espectivel
on behalf of Y Clerk are hereby
author-
City of Iowa City, Iowa. Y� said Agreement for
-,
_
and
It was moved by .Zuber
the Resolution be and seconded
adopted, andu b
upon roll call there Y McDonaldwere:
AYES:
_
NAYS: ABSENT:
X
X Ambrisco
X — Baker
X — — Courtney
X Dickson
X McDonald
X Strait
Zuber d APProvee
!� nt
3�s
Resolution No. 86-290
Page 2
Passed and approved this 9th day of September 1986.
YOR
ATTEST:
I CITE CLERK
�I
ggR
k
�.1
y.
-I
AGREEMENT FOR ELECTRICAL GENERATION,
r
DISTRIBUTION AND SERVICE
This Agreement made this 9th day of _ Sentcmher , 1980, by and
between the City of Iowa City, Iowa (City), a municipal corporation, and
Iowa -Illinois Gas and Electric Company (Company), an Illinois corporation:
PART I GENERAL
A. City will construct and operate an improvement to the City Water Treat-
ment Facility, being a Hydro -electric generation facility (Hydro -electric
M1
Plant) in conjunction with the existing Coralville Milldam on the Iowa
R
River. The Hydro -electric Plant will produce electricity for the primary
n
' I
purpose of furnishing the power necessary to operate the City's Water
Treatment Facility.
r'
{ppp1
B.
a 4.1
The Company shall provide interval recording metering equipment to deter-
mine the output of the City's hydro -electric Plant, said equipment to be
the property of the Company. The City shall pay a monthly excess facili-
ties charge for such metering based on Company's investment in such
metering as set forth in Part 11 of this Agreement. The City shall pay
!
Company for any electricity used 1n excess of that generated by the
1
City's Hydra -electric Plant based on said interval recording metering and
s
existing metering at the City's Water Treatment Facility.
LL jPBe
C. While it is
anticipated that the use of electricity by the City's Water
1
tti
Treatment Facility will always exceed the output of the Hydro -electric
j
Plant, the City will not limit production of electricity to agree with
`{
consumption.
D. Company will continue to serve City's Nater Treatment Facility and any
requirements of the Hydro -electric Plant under its filed tariffs for all
! --
electricity used 1n excess of that produced by the Hydro -electric Plant.
•I
I i
-I
zW�
— Z
E. City shall submit electrical plans and specifications of the Hydro -elec-
_
tric Plant to Company for review, comments, and recommendations. City's
' generating facilities will have electrical qualities compatible with the
Company's electrical system and City will make any future corrections
required to maintain compatibility.
t
i F. City and Company will enter into an Operating Agreement to assure optimum
utilization of facilities of both parties. Upon execution, such
Operat-ing
Agreement shall be incorporated by reference and made a part of this
{ Agreement.
.
7 G. Terms and conditions of this Agreement shall be subject to the Rules and
I�] Regulations of the Utilities Division of the Iowa Department of Commerce,
i
or such regulatory authorities having jurisdiction and the approved filed
.�
tariffs of the Company.
H. The terms and conditions of this Agreement may be modified by letter of
r� agreement.
-I)
1. Any provision found to be invalid shall not invalidate the entire agree-
ment or release either party from its obligations under this Agreement.
—I PART II GENERATION CREDITS AND DELIVERY CHARGES
.
!�I A. Company will deduct from the city Nater Treatment Facility billings a
credit for the electric output of the Hydro -electric Plant, as measured
by interval recording metering. The amount of the credit per Kwh for
energy generated by the Hydro -electric Plant will be determined as the
!—I average price per Kwh, including energy adjustment clause charges, but
excluding excess facilities charges, taxes, and other charges not di-
rectly related to demand and energy uses, paid by the City for the Nater
Treatment Facility retail electric uses during the same time period, as ...
J adjusted for minimum load factor. This average price will be adjusted to
reflect a minimum of a sixty percent monthly load factor if the load
J
I
zW�
r
I
3
factor at the Water Treatment
Facility for billin
Sixty percent, Such 9 Purposes Is less
than
credit shall not exceed the amount paid by City,
during the same time
period, for electric use at
Facility. the
i
Water Treatment
B• City will Pay a delivery chargeto
(
ge Company for the deliver
demand and energy thru Y °f electric
{(
'V!�
Treatment y This the Company's system to the Cit
Facility. char Y's Water
charge
shall be based on the maximum monthly
of generated demand output
i
uredon
of the Hydro -electric Plant, as meas.
n a 30 -minute interval
i
basis using interval recording metering. The
monthly delivery charge
_
rate shall be $2,27 per kilowatt of maximum
generated demand per month, initially, and shall
subject
change as appropriate
to approval of regulatory
commissions having Jurisdiction,
��
C• city will Pay to Company excess
facilities charges for any excess facili-
ties required to connect tho
f'1
i
City's Hydro -electric generating facility to
the Company's electric distribution
system in
under the Con excess of that permitted
Pany's Rules and
r,l
Regulations. These charges shall he
monthly charge of 2;
�-:
a
of the Company',
including. investment in such facilities,
g, but not limited
to, interval recording metering, '
PART III PROTECTION OF THE PARTIES
A. C0mpany will endeavor to supply, but
does not guarantee, uninterrupted
service of generally acceptable
standards 1n
Of service for the industry, interruptions
scheduled
J
and forced outages, repairs and maintenance,
Interruption of purchased
J
power, and force maJeure; Gond itfons
customer's premises dangerous to. on a
Persons, Property
or others; or service to the Cit
and regulatory
_i
requirements, shall Y
on Its part of ^°t he a breach of Cpm
the Agreement. Parry
B• For the equipment and use of electricity
on the City's side of the point
of connection with Company's distribution
-
system, the City shall defend,
hold harmless, and indemnify Company,
against any its officers, agents and loyees
loss, damage, em p
expense and liability resultin
damage, injury or death 9 from property
of an .
y person or persons including but
not lim-
a"
i
4
ited to employees of company or City, or damage to property of Company or
City, resulting from or arising out of or 11 any way connected with the
Installation, Inspection, maintenance, testing and use of the City's
generator, except for claims caused by the Company or the.percentage of
comparative negligence and fault of the Company. The Company has the
right to participate in its own defense at its own expense.
C. For the equipment, distribution and use of electricity on the Company's
side of the point of connection with Company's distribution system, the
Company shall defend, hold harmless, and indemnify City, its officials,
agents, and employees against any loss, damage, expense and liability
resulting from property damage, injury, or death of any person or per-
sons, including but not limited to employees of the City or Company
resulting from or arising out of or in any way connected with the Instal-
lation, inspection, testing and use of any generation facility,
station, transmission system or any other system or device sub -
owned
operated by the Company, except or for claims caused by the City or the
Percentage of comparative negligence and fault of the City. The City has
the right to participate 1n its own defense at the expense of the City.
�. Nothing contained herein shall be construed as affecting in any way the
right of the Company to make unilateral application to the Utilities
Division of the Iowa Department of Commerce or any successor agency for
changes in rates, rules and regulations under Chapter 476. Code of Iowa,
1985 and pursuant to the Division's Rules and Regulations promulgated
thereunder.
E. This Agreement shall be subject to all rules and regulations of regula-
tory authorities having Jurisdiction as they may be changed from time to
time.
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`I
5
F. Company is granted the right to install, repair, malnta
supplemental metering equipment, at in, and inspect
shout this system.
Such data its expense, in order to gather data
may be used in proceedings before
the
Utilities Division of the Iowa Department o/
Commerce and other a
data will be m Pproprf-
ate authorities. A11
quest, atle available to the City upon re -
G. Company will not interconnect with the City's facility prior to review of
the facility's equipment to ensure appropriate safety equipment has been
installed to protect both Company's distribution system and the City
facility from abnormalities or component failures that may occur within
either the City facility or Company's distribution system.
PART IV TERM OF AGREEMEIIT
A• It is understood and agreed by both parties that the Company's obliga-
tions under this Agreement are expressly conditioned upon the granting of
a franchise for the furnishing of electric service In the
City, This Agreement shall be for an initialerm of fifteen years, and
City of Iowa
t
shall commence upon the effective date of the Company's
chise with the City of Iowa City (ordinance Mo. 86-3296electric fran-
). eif,le within one
Year prior to the expiration of said franchise, the voters and City
Council of the City grant to the Company, and the Company accepts, an
electric franchise for an additional term of years, then In that event
this Agreement shall be renewed and shall continue to effect for the term
Of said additional franchise, or for an additional term of ten years,
whichever is less. Thereafter, this Agreement shall continue in effect
from year to year unless terminated byeither party upon six months
notice in writing. In the event the Company no longer furnishes electric
service 1n the City of Iowa City, then 1t 1s mutually agreed that either
Of the parties may terminate this Agreement,
3Xr
6
8. It is also understood and agreed by both parties that the City-$ obliga-
tions under this Agreement are expressly conditioned upon the construc-
tion and operation of the Hydro -electric Plant by the City. Should the
Plant not be constructed and placed in operation for any reason, then it
is mutually agreed that this Agreement is null and void.
C. This Agreement may be terminated at any time by mutual agreement of the
Parties.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be
signed in duplicate by their duly constituted and authorized Officers and
their respective corporate seals thereto affixed an this 9th day of g,p,.
ember , 1986.
CITY OF IOWA CITY IOWA-ILLIHOIS GAS
AND ELECTRIC COMPANY
By:
Mayor President —
ATTEST:
ATTEST:
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City Clerk Secretary
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PROCLAMATION
NATIONAL WILDLIFE WEEK MARCH 15-21,1987
Whereas, the air we breathe is an essential
natural resource, necessary for the survival of all
living things on the planet Earth; and
Whereas, the millions of tons of pollutants
emitted into the air each year exceed the earth's
capacity to tolerate air pollution, thereby harming
plants, animals, and people; and
Whereas, it is possible to mitigate our nation's
air pollution problems by such means as installing
pollution control devices on smokestacks and cars
and by conserving energy; and
Whereas, we are responsible to ourselves and
all forms of life and should do all that we can to
keep the air we breathe healthful; and
Whereas, the National Wildlife Federation has
set aside the week of March 15th through March
21st, 1987, as a time to become more aware of our
air pollution problems, now therefore,
Be it resolved that 1, _W11-1.1am_J_t.._AmbrIsco.
of—1owa_C11y,__Iowa____ __ _ ., do hereby
join the NATIONAL WILDLIFE FEDERATION in
proclaiming March 15th through March 21st, 1987,
as National Wildlife Week, urging one and all to
unite in support of every activity that will improve
the quality of the air we breathe and thus strongly
affirm the vital importance of the theme
"We Care About Clean Air."
March -.15,..1987..
Signed Dated
0
NATIONAL WILDLIFE FEDERATION 141251rLLcnth5twi.N.w.,wnshingmn.1).e.8%Utr22eh
074
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