HomeMy WebLinkAboutGlenshire Funding ANALYSIS OF GLENSHIRE FUNDING
Cash receive at closing of escrow $756,903
Other cash received 150,561
Bridge loan - $10.75 per month surcharge 1 ,740,000
Total funds available 21647,464
Expenses to date 2,795,436
Deficit to date 147,972
Pipeline project 298,400
Well abandonment 90,853
Pump station 120,000
Engineering and inspection '50,000
Expenses still to be covered by sale of land $707,225
Every $100,000 = $.62 per month on the surcharge
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