HomeMy WebLinkAboutCRA-R-12-0046 Supporting DocumentationCITY OF MIAMI
COMMUNITY REDEVELOPMENT REVENUE BONDS,
SERIES 1990
Cost to Defease
Funding
CALL DATE 10/1/2012
PRINCIPAL $ 1,170,000
INTEREST (THROUGH 10/1/12) 49,725
TERMINATION FEE 250
PUBLICATION EXPENSE (ESTIMATED) 10,000
TOTAL TO DEFEASE $ 1,229,975
CASH BALANCE FUND 28001 $ 437,832 CRA debt service Fund Balance
CITY OF MIAMI STATE SHARED REVENUE FY12
CONTRIBUTION FOR FY13 PAYMENT
300,000 General Fund cash balance and is currently budgeted
TOTAL FUNDING AVAILABLE $ 737,832
REMAINING BALANCE $ 492,143 CRA cash balance. Would have to appropriate the funds