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<br />~
<br />
<br />Downtown-35lNS
<br />
<br />P(J1266
<br />
<br />Hall County Jail
<br />
<br />Grand Island, Nebraska
<br />
<br />Facility Analysis
<br />
<br />Downtown Jail with 35 INS
<br />
<br />Prepared by: Durrant - Foresite Capital
<br />
<br />Facility size
<br />
<br />259 beds Inel. Medical and Seg.
<br />238 secure beds
<br />60 secure expansion beds
<br />
<br />Cost to Finance
<br />
<br />$20,600,000.00
<br />
<br />Contract Rate USM
<br />
<br />$
<br />
<br />50.00 per day
<br />
<br />Staff size
<br />
<br />63 persons
<br />
<br />Average Labor rate
<br />
<br />$ 40,000.00 per year
<br />
<br />Other costs
<br />
<br />$ 15.00 per bed per day
<br />
<br />Lease term
<br />
<br />30 years
<br />
<br />Rate
<br />
<br />5.75%
<br />
<br />Year
<br />Hall Co beds
<br />INS beds
<br />Total used
<br />Excess beds
<br />
<br />Revenue
<br />Expense:
<br />
<br /> 2004 2005 2006 2007 2008
<br /> 177 182 187 192 197
<br /> 35 35 35 35 35
<br /> 212 217 222 227 232
<br /> 26 21 16 11 6
<br />$ 638,750.00 $ 638,750.00 $ 638,750.00 $ 638,750.00 $ 638,750.00
<br />
<br />Labor
<br />Other
<br />Lease
<br />Total
<br />
<br />$ 2,520,000.00
<br />$ 1,418,025.00
<br />$1,456,755.00
<br />$ 5,394,780.00
<br />
<br />$ 2,520,000.00
<br />$ 1,418,025.00
<br />$1,456,755.00
<br />$ 5,394,780.00
<br />
<br />$ 2,520,000.00
<br />$ 1,418,025.00
<br />$1,456,755.00
<br />$ 5,394,780.00
<br />
<br />$ 2,520,000.00
<br />$ 1,418,025.00
<br />$1,456,755.00
<br />$ 5,394,780.00
<br />
<br />$ 2,520,000.00
<br />$ 1,418,025.00
<br />$1,456,755.00
<br />$ 5,394,780.00
<br />
<br />Cost to County
<br />
<br />$ (4,756,030.00) $ (4,756,030.00) $ (4,756,030.00) $ (4,756,030.00) $ (4,756,030.00)
<br />
<br />Option: Leasing Beds full with Double Bunking Complete<
<br />
<br />Beds for Lease 121 116 111 106 101
<br />Revenue $ 2,208,250.00 $ 2,117,000.00 $ 2,025,750.00 $ 1,934,500.00 $ 1,843,250.00
<br />Cost to Count $ 3,186,530.00) $ (3,460,280.00 $ 3,551,530.00
<br />
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