85006350 - Laserfiche WebLink

Browse

WEIGHTED AVERAGE CALCULATION (Total Weighted Life) 69,575,730 Total Assets _ (Average Economic Life) 26.04 ,671,48b * Only include assets financed with Bond proceeds. ** This is to be based upon Rev. Proc. 62 -21 or the Class Life Asset Depreciation Range Asset guideline in Rev. Proc. 77 -10, as supplemented. The life of the asset must be adjusted as follows: If the asset is "placed in service" prior to the date of issuance of the Bonds, the life of such asset must be decreased by the period of time it is in service prior to the date of issuance of the Bonds. If the asset will be "placed in service" after the date Of issuance of the Bonds, the life of the asset may be increased by the period of time measured form the date of issuance of the Bonds to the date the asset is expected to be *placed in service ". only for purposes herein, the term "placed in service" weans the date an asset is eligible for the investment tax credit and accelerated cost recovery deductions under the Internal Revenue Code. * ** Multiply the value of the asset by its life. u Ns WWI EXHIBIT "C" EVIDENCE OF ECONOMIC LIFE List of Bond Financed Assets Comprising Project with Expected Economic Lives and Weighted Average Calculation 11SSST* LIFE ** WEIGHTED LIFE * ** Site work 130,570 20 2,611,400 Warehouse t Dock 686,295 30 20,588,850 Machine Storage building 36,209 20 724,180 Lab Remodeling 38,101 30 1,143,030 Sign for Plant' 4,543 20 90,860 Employee Lounge 71,120 25 1,778,000 Room Addition 4,647 30 139,410 Siting Tower 1,700,000 25 42,500,000 Total: 2,671,485 69,575,730 WEIGHTED AVERAGE CALCULATION (Total Weighted Life) 69,575,730 Total Assets _ (Average Economic Life) 26.04 ,671,48b * Only include assets financed with Bond proceeds. ** This is to be based upon Rev. Proc. 62 -21 or the Class Life Asset Depreciation Range Asset guideline in Rev. Proc. 77 -10, as supplemented. The life of the asset must be adjusted as follows: If the asset is "placed in service" prior to the date of issuance of the Bonds, the life of such asset must be decreased by the period of time it is in service prior to the date of issuance of the Bonds. If the asset will be "placed in service" after the date Of issuance of the Bonds, the life of the asset may be increased by the period of time measured form the date of issuance of the Bonds to the date the asset is expected to be *placed in service ". only for purposes herein, the term "placed in service" weans the date an asset is eligible for the investment tax credit and accelerated cost recovery deductions under the Internal Revenue Code. * ** Multiply the value of the asset by its life. u Ns WWI