Bonnet Creek Resort
Community Development District

Adopted Budget
FY2023

6M3

Table of Contents

1-2	General Fund	

3-10	

General Fund Narrative	

11	

Debt Service Fund - Series 2016	

12	

Amortization Schedule - Series 2016	

13	

Capital Projects Fund	

14-15	

Assessment Charts	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues						
Maintenance Assessments - Off Roll	$	858,876	$	755,918	$	102,958	$	858,876	$	944,764	
Interest Income	$	100	$	331	$	-	$	331	$	100	
Reuse Water Fees - Wyndham	$	8,000	$	11,041	$	2,000	$	13,041	$	10,000	
Reuse Water Fees - Golf Course	$	27,000	$	20,810	$	2,386	$	23,196	$	27,000	
Reuse Water Fees - Signia by Hilton & Waldorf Astoria	$	4,000	$	3,750	$	600	$	4,350	$	4,000	
Reuse Water Fees - Marriott	$	1,400	$	2,435	$	400	$	2,835	$	2,000	
Carry Forward Surplus	$	0	$	235,453	$	-	$	235,453	$	-	
Total Revenues	$	899,376	$	1,029,737	$	108,344	$	1,138,081	$	987,864	

Expenditures						
General & Administrative						
Supervisor Fees	$	8,000	$	5,000	$	800	$	5,800	$	8,000	
Engineering Fees	$	20,000	$	28,053	$	5,000	$	33,053	$	20,000	
Trustee Fees	$	6,000	$	5,388	$	-	$	5,388	$	6,000	
Legal Services	$	20,000	$	9,144	$	6,000	$	15,144	$	20,000	
Assessment Roll Services	$	3,000	$	3,000	$	-	$	3,000	$	3,000	
Auditing Services	$	3,100	$	3,100	$	-	$	3,100	$	3,225	
Arbitrage Rebate Calculation	$	450	$	450	$	-	$	450	$	450	
District Management Fees	$	33,901	$	28,251	$	5,650	$	33,901	$	35,596	
Information Technology	$	1,000	$	833	$	167	$	1,000	$	1,250	
Website Maintenance	$	650	$	542	$	108	$	650	$	813	
Insurance - Professional Liability	$	7,584	$	7,135	$	-	$	7,135	$	8,562	
Telephone	$	100	$	-	$	-	$	-	$	100	
Legal Advertising	$	2,100	$	-	$	2,100	$	2,100	$	2,100	
Postage	$	1,900	$	1,113	$	250	$	1,363	$	1,900	
Printing & Binding	$	1,200	$	401	$	210	$	611	$	1,200	
Office Supplies	$	300	$	71	$	40	$	111	$	300	
Bank Fees	$	500	$	1,368	$	200	$	1,568	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Contingency	$	-	$	321	$	-	$	321	$	2,000	
Total Administrative:	$	109,960	$	94,344	$	20,525	$	114,869	$	114,671	

	Adopted Budget
FY2022	Actuals Thru
7/31/22	Projected Next
2 Months	Projected Thru
9/30/22	Adopted Budget
FY2023	

Operations & Maintenance						
Field Management	$	56,976	$	47,480	$	9,496	$	56,976	$	56,976	
Utility Services					
Utility Services	$	14,000	$	10,733	$	2,750	$	13,483	$	14,000	
Street Lights - Usage	$	3,900	$	2,784	$	1,009	$	3,793	$	4,200	
Street Lights - Lease & Maintenance Agreement	$	66,000	$	40,850	$	13,500	$	54,350	$	66,000	
Water Service - Reuse Water	$	43,000	$	17,378	$	6,000	$	23,378	$	43,000	
SFWMD Water Use Compliance Report	$	5,000	$	-	$	5,000	$	5,000	$	5,000	
Stormwater Control - Bonnet Creek Resort					
Oc/Dep Quarterly Well Monitoring Report	$	1,500	$	922	$	364	$	1,286	$	1,500	
Wetland & Upland Monitoring Services - (Bda)	$	3,000	$	4,423	$	-	$	4,423	$	3,000	
Pond & Embankment Aquatic Treatment - (Awc)	$	15,396	$	11,858	$	3,388	$	15,246	$	15,396	
Irrigation Pond Treatment - Solitude	$	2,814	$	2,331	$	469	$	2,800	$	2,926	
Nuisance/Exotic Species Maintenance - (Awc)	$	11,000	$	-	$	5,500	$	5,500	$	11,000	
Stormwater Control - Crosby Island Marsh						
Nuisance/Exotic Species Maintenance - (Awc)	$	7,500	$	5,000	$	2,500	$	7,500	$	7,500	
Nuisance/Exotic Species Maintenance - (Bda)	$	4,500	$	1,463	$	2,000	$	3,463	$	4,500	
Embankment Mowing - (A. E. Smith)	$	6,000	$	-	$	2,550	$	2,550	$	6,000	
Other Physical Environment						
Property Insurance	$	7,109	$	10,002	$	-	$	10,002	$	12,500	
Entry, Fence, Walls & Gates Maintenance	$	24,500	$	-	$	4,083	$	4,083	$	24,500	
Pump Station Maintenance	$	2,500	$	3,919	$	-	$	3,919	$	4,000	
Pump Station Repairs	$	7,500	$	-	$	1,250	$	1,250	$	7,500	
Landscape & Irrigation Maintenance	$	198,000	$	165,000	$	33,000	$	198,000	$	198,000	
Irrigation Repairs	$	3,500	$	2,572	$	928	$	3,500	$	3,500	
Landscape Replacement	$	15,000	$	14,704	$	-	$	14,704	$	15,000	
Lift Station Maintenance	$	5,000	$	965	$	600	$	1,565	$	5,000	
Road & Street Facilities						
Roadway Repair & Maintenance	$	10,400	$	8,332	$	2,000	$	10,332	$	10,400	
Highway Directional Signage - (R&M)	$	5,000	$	1,125	$	800	$	1,925	$	5,000	
Roadway Directory Signage - (R&M)	$	5,000	$	4,470	$	-	$	4,470	$	5,000	
Sidewalk/Curb Cleaning	$	12,000	$	-	$	12,000	$	12,000	$	12,000	
Contingency	$	16,000	$	20,662	$	-	$	20,662	$	16,000	
Total Operations & Maintenance:	$	552,095  $	376,973	$	109,187	$	486,161	$	559,398	
					
Total Expenditures	$	662,055  $	471,317	$	129,713	$	601,030	$	674,069	

Other Financing Uses					
Transfer Out - Capital Reserve	$	237,321	$	333,898	$	203,153	$	537,051	$	313,795	
Total Other Financing Sources (Uses)	$	237,321  $	333,898	$	203,153	$	537,051	$	313,795	
					
Total Expenditures & Other Financing Uses	$	899,376  $	805,216	$	332,866	$	1,138,081	$	987,864	
					
Net Change in Fund Baalnce	$	0	$	224,522	$	(224,522)	$	0	$	-	

REVENUES:

Maintenance Assessments – Off Roll
The District levies Non-Ad Valorem Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the fiscal year. It will be directly billed from the District to the appropriate property owner.

Interest Income
The District will invest surplus funds with State Board of Administration, Regions Bank, and SunTrust Bank.

Reuse Water Fees
The District pays Orlando County Utilities Department for monthly reclaimed commercial water usage then bills Wyndham, Golf Course, Signia by Hilton, the Waldorf Astoria, and Marriott for their portion based on individual meter readings to reimburse the cost of the reuse water.
________________________________________________________________________

EXPENDITURES:

GENERAL & ADMINISTRATIVE

Supervisor Fees
The District may compensate its supervisors within the appropriate statutory limits of $200 maximum per meeting within an annual cap of $4,800 per supervisor. The amount is based upon 5 Supervisors attending 8 monthly meetings during the fiscal year.

Engineering Fees
The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of construction invoices and all other engineering services requested by the district throughout the year.

Trustee Fees
The District issued Series 2016 Special Assessment Refunding Bonds that are deposited with a Trustee at US Bank, N.A.

Legal Services
The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts and all other legal services requested by the district throughout the year.

Assessment Roll Services
The District has contracted with Governmental Management Services - Central Florida, LLC for the collection of prepaid assessments, maintaining Lien Book, updating the District’s Tax Roll and levying the annual assessment.

Auditing Services
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting firm once it reaches certain revenue and expenditure levels, or has issued bonds and incurred debt.

Arbitrage Rebate Calculation
The District is required to calculate the interest earned from bond proceeds each year pursuant to the Internal Revenue Code of 1986. The Rebate Analyst is required to verify that the District has not received earnings higher than the yield of the bonds.

District Management Fees
The District has contracted with Governmental Management Services – Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financials reporting, annual audits, etc.

Information Technology
Represents costs with Governmental Management Services – Central Florida, LLC related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance
Represents the costs with Governmental Management Services – Central Florida, LLC associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Insurance – Professional Liability
The District’s general liability and public officials liability coverage are provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Telephone
Telephone and fax machine.

Legal Advertising
The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to meeting schedules, special meeting notices, and public hearings, bidding etc. for the District based on statutory guidelines.

Postage
Mailing of Board Meeting Agenda's, checks for vendors, and any other required correspondence.

Printing & Binding
Printing and binding agenda packages for board meetings, printing of computerized checks, correspondence, stationary, etc.

Office Supplies
Any supplies that may need to be purchased during the Fiscal Year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Bank Fees
The District will incur bank service charges during the year.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee of $175 to the Department of Economic Opportunity. This is the only expenditure for this line item.

Contingency
Accounts for any fees or expenditures relating to the district that do not fall under the other budgeted administrative expenditures.

OPERATIONS & MAINTENANCE

Field Management
The District has contracted with Governmental Management Services - Central Florida for general maintenance services.

$4,748 	$56,976 
$56,976

Field Management
TOTAL

Annually

Monthly

Description

Utility Services

Utility Services
The District will incur electric utility expenditures for general purposes such as irrigation timers, lift station pumps, fountains, etc. The District maintains the following accounts with Duke Energy.

Description	Monthly	Annually	
13251 Chelonia Parkway Ct Sign 4	$17	$204	
13251 Chelonia Parkway Ct Sign 3	$17	$204	
13251 Chelonia Parkway Ct Sign 2	$20	$240	
13252 Chelonia Parkway Ct Sign 5	$18	$218	
13251 Chelonia Parkway Ct Entrance Sign	$236	$2,832	
14064 Chelonia Parkway Ct Pump	$800	$9,600	
13251 Chelonia Parkway Ct Sign 1	$19	$228	
14901 Chelonia Parkway Lift	$40 	$474 	
TOTAL	$14,000	

Street Lights - Usage
The District may have expenditures relating to streetlights throughout the community. These may be restricted to main arterial roads or in some cases to all streetlights within the District’s boundaries. The District maintains the following account with Duke Energy.

$350 	$4,200 
$4,200

000 Chelonia Parkway Ct Lite
TOTAL

Annually

Monthly

Description

Street Lights – Lease & Maintenance Agreement
The District may budget for its streetlights lease separately. The District maintains the following account with Duke Energy.

$5,500 	$66,000 
$66,000

000 Chelonia Parkway Ct Lite
TOTAL

Annually

Monthly

Description

Water Service – Reuse Water
The District may incur expenditures related to the use of reclaimed water for irrigation. The District maintains the following account with Orange County Utilities.

$3,583 	$43,000 
$43,000

14064 Chelonia Parkway
TOTAL

Annually

Monthly

Description

SFWMD Water Use Compliance Report
Expenditures related for compliance reporting for the application of Consumptive Water Use Permits with South Florida Water Management District.

Stormwater Control – Bonnet Creek Resort

OC/Dep Quarterly Well Monitoring Report
The District expenditures related to quarterly well monitoring report.

Wetland & Upland Monitoring Services - (BDA)
Include reviews of nuisance/exotic (N/E) plant species maintenance associated with the on-site wetland and upland preservation areas.

	$3,000 
$3,000

BDA Environmental Consultants
TOTAL

Annually

Description

Pond & Embankment Aquatic Treatment – (AWC)
Provide monthly chemical/manual treatments to control undesirable aquatic plants and algae growing in ponds 1 and 2. Control nuisance and exotic species growing along 6811 If of fence line. Control nuisance and exotic species growing along 33418 If of slopes and wetland edges to 15' in. Control of all vegetation growing within 5' of outfall structures.

Selective spot spraying techniques will be utilized to avoid impacting native vegetation.

Provide chemical treatment with aquatic approved herbicides supervised by state licensed natural area applicators.

Irrigation Pond Treatment – (Solitude)
The District has contract with Solitude Lake Management to provide pond maintenance services on one irrigation pond. Services include aquatic weed control, shoreline weed control and water quality monitoring.

$243 	$2,926 
$2,926

Solitude Lake Management
TOTAL

Annually

Monthly

Description

Nuisance/Exotic Species Maintenance – (AWC)
Includes supervisory oversight of the nuisance/exotic (N/E) plant species management (to include the hand-removal and or herbicide treatment of N/E plant species) and maintenance if necessary.

$2,750 	$11,000 
$11,000

Aquatic Weed Control (Wetlands)
TOTAL

Annually

Quarterly

Description

Stormwater Control – Crosby Island Marsh
Nuisance/Exotic Species Maintenance – (AWC)
Provide monthly chemical/manual treatments to control undesirable aquatic plants and algae growing in ponds 1 and 2. Control nuisance and exotic species growing along 6811 If of fence line. Control nuisance and exotic species growing along 33418 If of slopes and wetland edges to 15' in. Control of all vegetation growing within 5' of outfall structures.

Selective spot spraying techniques will be utilized to avoid impacting native vegetation.

Provide chemical treatment with aquatic approved herbicides supervised by state licensed natural area applicators.

$2,500 	$7,500 
$7,500

Aquatic Weed Control (Wetlands) – 3 Visits
TOTAL

Annually

Per Visit

Description

Nuisance/Exotic Species Maintenance – (BDA)
Includes supervisory oversight of the nuisance/exotic (N/E) plant species management (to include the hand-removal and or herbicide treatment of N/E plant species) and maintenance.

	$4,500 
$4,500

BDA Environmental Consultants
TOTAL

Annually

Description

Embankment Mowing
Mowing of conservation berms surrounding wetland and mitigation areas.

Other Physical Environment

Property Insurance
Represents the District’s share of the annual coverage of property insurance. Coverage is provided by Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.

Entry, Fence, Walls & Gates Maintenance
The District will incur expenditures to maintain the entry monuments and the fencing.

Pump Station Maintenance
Expenditures incurred for Pump station maintenance.

Pump Station Repairs
Expenditures incurred for Pump station repairs.

Landscape & Irrigation Maintenance
The District contracted with Yellowstone Landscape to maintain the rights-of-way, median strips, recreational facilities including pond banks, entryways, and similar planting areas within the District. These services include but are not limited to monthly landscape maintenance, fertilizer, pesticides, annuals, mulch, and irrigation Maintenance.

$16,500 	$198,000 
$198,000

Yellowstone - Landscape Maintenance
TOTAL

Annually

Monthly

Description

Irrigation Repairs
Expenditures incurred for irrigation repairs.

Landscape Replacement
Expenditures related to replacement of turf, trees, shrubs etc.

Lift Station Maintenance
Expenditures incurred for yearly preventative maintenance and any additional repairs to the lift station and generator.

Description	Quarterly	Annually	
Lift Station Preventative Maintenance	$300	$1,200	
Generator Preventative Maintenance		$1,250	
Contingency			$2,550 	
TOTAL		$5,000	

Road & Street Facilities

Roadway Repair and Maintenance
Expenditures related to the repair and maintenance of roadways owned by the District if any.

Highway Directional Signage – (R&M)
Highway Directional Signage expenditures which may not fit into any defined category in this section of the budget.

Roadway Directional Signage – (R&M)
Roadway Directional Signage expenditures which may not fit into any defined category in this section of the budget.

Sidewalk/Curb Cleaning
Estimated cost for pressure washing the District owned sidewalks throughout the community.

Contingency
Monies collected and allocated for expenditures that the District could incur miscellaneous throughout the year, which may not fit into any standard categories.

Transfer Out - Capital Reserve
Monies collected and allocated for the future repair and replacement of various capital improvements.

Bonnet Creek Resort
Community Development District Adopted Budget
Debt Service Fund Series 2016

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues					
Assessments - Direct Billed	$	2,110,462	$	2,110,462	$	-	$	2,110,462	$	2,110,462	
Interest Income	$	-	$	1,226	$	-	$	1,226	$	-	
Carry Forward Surplus	$	249	$	215	$	-	$	215	$	12,778	
Total Revenues	$	2,110,711	$	2,111,903	$	-	$	2,111,903	$	2,123,240	

Expenditures					
General & Administrative:					
Interest - 11/1	$	459,563	$	459,563	$	-	$	459,563	$	433,013	
Principal - 5/1	$	1,180,000	$	1,180,000	$	-	$	1,180,000	$	1,235,000	
Interest - 5/1	$	459,563	$	459,563	$	-	$	459,563	$	433,013	
Total Expenditures	$	2,099,125	$	2,099,125	$	-	$	2,099,125	$	2,101,025	
					
Net Change in Fund Balance	$	11,586	$	12,778	$	-	$	12,778	$	22,215	

Bonnet Creek Community Development District Series 2016 Special Assessment Bonds
Amortization Schedule

Date	Balance	Principal	Interest	Total

11/01/22	$	19,245,000.00	$	-	$	433,012.50	$	2,101,025.00	
05/01/23	$	19,245,000.00	$	1,235,000.00	$	433,012.50		
11/01/23	$	18,010,000.00	$	-	$	405,225.00	$	2,105,450.00	
05/01/24	$	18,010,000.00	$	1,295,000.00	$	405,225.00		
11/01/24	$	16,715,000.00	$	-	$	376,087.50	$	2,107,175.00	
05/01/25	$	16,715,000.00	$	1,355,000.00	$	376,087.50		
11/01/25	$	15,360,000.00	$	-	$	345,600.00	$	2,106,200.00	
05/01/26	$	15,360,000.00	$	1,415,000.00	$	345,600.00		
11/01/26	$	13,945,000.00	$	-	$	313,762.50	$	2,107,525.00	
05/01/27	$	13,945,000.00	$	1,480,000.00	$	313,762.50		
11/01/27	$	12,465,000.00	$	-	$	280,462.50	$	2,110,925.00	
05/01/28	$	12,465,000.00	$	1,550,000.00	$	280,462.50		
11/01/28	$	10,915,000.00	$	-	$	245,587.50	$	2,111,175.00	
05/01/29	$	10,915,000.00	$	1,620,000.00	$	245,587.50		
11/01/29	$	9,295,000.00	$	-	$	209,137.50	$	2,113,275.00	
05/01/30	$	9,295,000.00	$	1,695,000.00	$	209,137.50		
11/01/30	$	7,600,000.00	$	-	$	171,000.00	$	2,117,000.00	
05/01/31	$	7,600,000.00	$	1,775,000.00	$	171,000.00		
11/01/31	$	5,825,000.00	$	-	$	131,062.50	$	2,117,125.00	
05/01/32	$	5,825,000.00	$	1,855,000.00	$	131,062.50		
11/01/32	$	3,970,000.00	$	-	$	89,325.00	$	2,118,650.00	
05/01/33	$	3,970,000.00	$	1,940,000.00	$	89,325.00		
11/01/33	$	2,030,000.00	$	-	$	45,675.00	$	2,121,350.00	
05/01/34	$	2,030,000.00	$	2,030,000.00	$	45,675.00		
		$	19,245,000.00	$	6,091,875.00	$	25,336,875.00	

Bonnet Creek Resort
Community Development District Adopted Budget
Capital Projects Fund Budget

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues						
Transfer In - Capital Projects	$	237,321	$	333,898	$	203,153	$	537,051	$	313,795	
Interest Income	$	50	$	399	$	-	$	399	$	50	
Carry Forward Surplus	$	304,853	$	264,407	$	-	$	264,407	$	526,392	
Total Revenues	$	542,224	$	598,704	$	203,153	$	801,857	$	840,237	

Expenditures

General & Administrative:

Irrigation Improvement	$	-	$	25,559	

$	2,500	

$	28,059	

$	-	
Entry Monument	$	-	$	148,088	$	65,678	$	213,766	$	-	
Stacking Lane	$	-	$	-	$	-	$	-	$	-	
Offsite Wayfinding Signs	$	-	$	-	$	-	$	-	$	-	
Chelonia Parkway Resurfacing	$	-	$	33,600	$	-	$	33,600	$	-	
Contingency	$	542,224	$	40	$	-	$	40	$	840,237	
Total Expenditures	$	542,224	$	207,286	$	68,178	$	275,465	$	840,237	
						
Net Change in Fund Balance	$	-	$	391,417	$	134,975	$	526,392	$	-	

BONNET CREEK RESORT COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2022/2023 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

$944,764
$2,110,462

Total O & M Assessment Total DS Assessment

TOTAL
FY 2022/2023 ASSESSMENT
 PER PARCEL

TOTAL OPERATIONS	ALLOCATION OF	TOTAL SERIES 2016 ALLOCATION OF	AND MAINTENANCE		DEBT		DEBT SERVICE
PRODUCT TYPE (PARCEL)	 ASSESSMENTS	ASSESSMENT	ASSESSMENTS	ASSESSMENT

Timeshare (A)	36.10%	$341,088.07	0.00%	$0.00	$341,088.07	
Timeshare (B)	5.29%	$49,944.23	8.27%	$174,610.27	$224,554.50	
Hotel (B)	6.61%	$62,492.12	10.35%	$218,479.04	$280,971.16	
Hotel (C/D)	20.83%	$196,775.40	32.60%	$687,906.28	$884,681.68	
Timeshare (E)	17.28%	$163,207.95	27.04%	$570,577.65	$733,785.60	
Hotel (F)	8.93%	$84,329.62	13.97%	$294,816.96	$379,146.58	
Golf Course (G)		4.97%			$46,926.42			7.77%			$164,071.33		$210,997.75	
		100.00%			$944,763.81			100.00%			$2,110,461.53		$3,055,225.34	

Bonnet Creek Resort COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2022/2023 O & M & DEBT SERVICE SCHEDULE

2021/2022 O & M Budget	$858,876	
2022/2023 O & M Budget		$944,764 	
Total Difference		$85,888 	

2021/2022 Debt Service Assessment	$2,110,462	
2022/2023 Debt Service Assessment		$2,110,462 	
Total Difference		$0 	

PER UNIT ANNUAL ASSESSMENT

	2019/2020	2020/2021	2021/2022	2022/2023	Adopted Increase/Decrease		
Debt Service - Parcel A	$0	$0	$0	$0	$0	0%	
Operations/Maintenance - Parcel A	$310,080	$310,080	$310,080	$341,088	$31,008	10%	
Total	$310,080	$310,080	$310,080	$341,088	$31,008	10%	

Debt Service - Parcel B Timeshare	
$0	
$0	
$174,610	
$174,610	
$0	
0%	
Operations/Maintenance - Parcel B	$0	$0	$45,404	$49,944	$4,540	10%	
Total	$0	$0	$220,014	$224,555	$4,540	2%	

Debt Service - Parcel B Hotel	
$386,516	
$387,999	
$218,479	
$218,479	
$0	
0%	
Operations/Maintenance - Parcel B	$102,215	$102,215	$56,811	$62,492	$5,681	10%	
Total	$488,731	$490,214	$275,290	$280,971	$5,681	2%	

Debt Service - Parcel C/D	
$676,402	
$678,998	
$687,906	
$687,906	
$0	
0%	
Operations/Maintenance - Parcel C/D	$178,887	$178,887	$178,887	$196,775	$17,889	10%	
Total	$855,289	$857,885	$866,793	$884,682	$17,889	2%	

Debt Service - Parcel E	
$561,036	
$563,189	
$570,578	
$570,578	
$0	
0%	
Operations/Maintenance - Parcel E	$148,371	$148,371	$148,371	$163,208	$14,837	10%	
Total	$709,407	$711,560	$718,949	$733,786	$14,837	2%	

Debt Service - Parcel F	
$289,887	
$290,999	
$294,817	
$294,817	
$0	
0%	
Operations/Maintenance - Parcel F	$76,663	$76,663	$76,663	$84,330	$7,666	10%	
Total	$366,550	$367,662	$371,480	$379,147	$7,666	2%	

Debt Service - Parcel G	
$161,328	
$161,947	
$164,071	
$164,071	
$0	
0%	
Operations/Maintenance - Parcel G	$42,660	$42,660	$42,660	$46,926	$4,266	10%	
Total	$203,988	$204,607	$206,732	$210,998	$4,266	2%