Tab 10 Allocation of Proceeds of BondsCITY OF KALISPELL
ESTIMATED SOURCES AND USES OF FUNDS SCHEDULE
Special Improvement District no. 342, Series 1995
Corporate Way
Sources of Funds:
Proceeds of Bonds $20%000
Developer's contribution $15,000
City's contribution to upsize water line 3 843
Total Available Funds $227,$843
Use of Funds:
Construction bid $187,331
less change order deleting sidewalks 18 480 $168,851
Engineering, Inspection & Contingency $28,322
Cost of Issuance of Bonds:
Deposit to Revolving Fund
$10,450
Deposit to Reserve Account
$105450
Underwriter's discount
$61270
Bond Counsel (est.)
$300
Bond Printing (est.)
500
Total Cost of Issuance
$30,670
Total Use of Funds $2.2L843