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Resolution 1981-19
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Resolution 1981-19
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Last modified
3/12/2021 12:35:55 PM
Creation date
3/19/2007 4:08:46 PM
Metadata
Fields
Template:
City Council Records
Doc Type
Resolution
Signed Date
8/4/1981
Ord/Res - Year
1981
Ord/Res - Number
19
Original Hardcopy Storage
7E5
Supplemental fields
Test
RES 1981-19
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<br /> I <br />PROPOSED LOCATION(S) A E: <br />.L - (exact addresses to be furnished) ---------..------ <br /> --_._-----.__._.._..~---_.__._------ <br />BOND ISSUE: <br /> 1. Principal amo nt of bonds - $260,000 per unit <br /> 2. Reserve funds interest escrow, original issue discount, <br /> expenses, etc - to be determined <br /> 3. Estimated int rest rate range - to be determined <br /> - _. <br /> 4. Estimated deb service schedule - to be deternlined <br />." . S. Security prov sions i. e. , trustee bank, mortgage, etc. <br /> uarantee through company <br /> b a lease. unds to be disbursed through a trustee <br /> bank. <br />IMPACT ANALYSIS: <br /> 1. Employment 1m act Projections <br /> 8. New Jobs 10-15 per unit <br /> 'b. Payroll I crease - Depending on the growth of <br /> enrollmen additional ersonnel will be added. <br /> Also, we ta within the State regulations of <br /> student/t acheI' ratios. <br /> c. Hiring Pa tern - All available qualified personnel <br /> considere . <br /> 2. Property and ales tax projections - to be determined <br /> 3. Public improv ment and service requirements - Water, <br /> Sewer Li hts Police and Fire. <br /> - <br /> 4. Development t me schedule - After identifying the <br /> trade market t takes a roxima.tely 1 month to locate <br /> a site; 2 months to zone and close; actual <br /> construction roximately 4 months. <br />BENEFITS THAT WILL ACC UE TO THE CITIES/COUNTIES INVOLVED: <br />Having a quality total child care center in a particular city/county can be very <br />instrumental in genera ing extra tax revenues. Quality child care is an extremely <br />important factor when wo-income fami! iE~s and single parents consider where to 1 i ve <br />and work, thus attract"ng more people to that city/county. <br /> -3- <br /> I I <br />
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