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Agenda - Council - 08/14/2007
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Agenda - Council - 08/14/2007
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Last modified
3/19/2025 1:31:18 PM
Creation date
8/10/2007 9:47:49 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/14/2007
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Amortizing... <br />Year <br />Crash <br />Benefits <br />Present Worth <br />Benefits <br />Present Worth <br />Costs <br />2011 <br />$ 682,423 <br />$ 682,423 <br />$ 1,000,000 <br />2012 <br />$ 702,895 <br />$ 672,627 <br />2013 <br />$ 723,982 <br />$ 662,972 <br />2014 <br />$ 745,701 <br />$ 653,456 <br />2015 <br />$ 768,073 <br />$ 644,076 <br />2016 <br />$ 791,115 <br />$ 634,831 <br />2017 <br />$ 814,848 <br />$ 625,718 <br />2018 <br />$ 839,294 <br />$ 616,737 <br />2019 <br />$ 864,472 <br />$ 607,884 <br />2020 <br />$ 890,407 <br />$ 599,159 <br />0 <br />$ <br />0 <br />$ - <br />$ ' <br />0 <br />$ - <br />$ - <br />0 <br />$ - <br />$ - <br />0 <br />$ - <br />$ - <br />0 <br />$ - <br />$ - <br />0 <br />$ _ <br />$ - <br />0 <br />$ - <br />$ - <br />0 <br />$ - <br />$ - <br />0 <br />$ _ <br />$ - <br />0 <br />$ - <br />$ - <br />0 <br />$ - <br />$ _ <br />0 <br />$ - <br />$ ' <br />0 <br />$ - <br />$ ' <br />0 <br />$ - <br />$ _ <br />0 <br />$ - <br />$ ' <br />0 <br />$ - <br />$ ' <br />0 <br />$ - <br />$ _ <br />0 <br />$ - <br />$ - <br />0 <br />$ - <br />$ - <br />0 <br />$ _ <br />$ - <br />Totals = $ 6,399 ZS l,vuu,uuv <br />(.3) (L) <br />year (n) =1, 2, 3,.... <br />discount rate (i) = 7% <br />Crash Benefits = (Crash Benefits) X (1 + Traffic Growth Factor) <br />(@ year n) <br />Present Worth Benefits = (Crash Benefits),, <br />(@ year n) <br />X 1 /(1 + Discount Rate) <br />—284— <br />
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