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PROJECTED RENTAL COSTS -- PRESENT BUILDING <br /> {same space) <br /> <br />1982-83 $ 81,363. 10% 1987-88 $131,036. 10% <br />1983-84 89,5 00. 10% 1988 -8 9 144,140. 10% <br />1984-85 98,450. 10% 1989-90 158,554. 10% <br />1985-86 108,295. 10% 1990-91 174,409. 10% <br />1986-87 119,124. 10% <br /> <br /> Projected rental costs for next ten years $1,180,000 <br /> for current inadequate space. <br /> Current rental costs in St. Paul - $10-14 sq. ft., <br />~p does not include parking. <br /> arking costs: $25-50 per stall, per month. <br /> <br />SPACE COST TO LMC -- PRESENT BUILDING <br /> <br />Year <br /> <br />Base Rent Additional Additional Total <br />Includes Pass-Thru Parking Space <br />Maintenance Taxes Costs Cost <br /> <br />1974-75 $39,454. <br />1975-76 39,081. <br />1976-77 40,911. $3,160. <br />1977-78 42,334. 2,578. <br />1978-79 46,421. Special 16ase arrangement <br />1979-80 51,487. Special lease arrangement <br />1980-81 52,295. 2,846. $3,859. <br />1981-82 62,256. 3,700. 7,920. <br /> <br />$39.454. <br />39.081. <br />44.041. <br />44,912. <br />46,421. <br />51,487. <br />59,000. <br />73,876. <br /> <br />Percent <br />Increase <br /> <br />13% <br /> 2% <br /> 3% <br />11% <br />15% <br />25% <br /> <br />Total increase in eight years for same space, 7,115 sq. ft., <br /> no improvements, two additional parking spaces. 87% increase <br /> <br /> <br />