Economic Dimension Estimate 1. Annual cost of $5 million in bonds over 300,000 years 1-14) 15 years at 6% bond interest rate $5,300,000 year 150 2. Annual maintenance, upkeep, 75,000 10% per year and program management 3. Annual parks development budgis 500,000 years 5-10) 4. Annual loss in commercial development $2,000,000 years 8-10) 5. State sales tax rebates not realized 275,000 5% per year years 8 on 6. Annual municipal income from park s 100,000 12% per year years 6 on) use and regional sports events 7. Savings in flood control projects 300,000 years 3-1) $1.400.000 ears 11-15) 8. Property damage ersonal and city) s 500.000 ears 10 and 150 not incurred due to flooding Identify Benefits. Disbenefits, and Cost from the view point of citizen of the city T T T Arial 3 (12pt