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AY, <br />W <br />E <br />w <br />w <br />L <br />bO <br />0 <br />N <br />N <br />N <br />^N <br />Y <br />CO <br />W <br />CU <br />N <br />E <br />t <br />Q <br />Request for discounted payoff <br />: • r►. ma A • reemen <br />LL <br />f6 <br />E <br />O <br />z <br />$235.20 Interest Gained (opportunity cost) <br />Value of Payments <br />Nominal savings to the City for early payoff <br />00 M <br />in- in- <br />0 <br />ro <br />n <br />0 <br />0 <br />0 <br />0 <br />LL <br />s <br />U <br />E <br />O <br />z <br />a- ) <br />O <br />Q <br />0 <br />L <br />Nominal Difference (f/Original Agreement, $11,760-$8,000) <br />Nominal Savings <br />Opportunity Cost <br />00 <br />N <br />Ln <br />M <br />NET Savings for City <br />Staff Conclusion: the City should accept the proposal; which results in a $3,524.80 savings <br />