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Water Filtration /Fund Balance: <br />Army Settlement <br />Less: Attorney Fees <br />Honeywell Settlement <br />Year Amount <br />1989 $ 3,000,000 <br />1990 ($ 500,000) <br />$ 2,5009000 <br />1991 $ 19200,000 <br />Less: Attorney Fees 1991 ($ 6500000) <br />$ 390509000 <br />Temporary Water 1993 ($ 1,185.000) <br />Treatment Bond Payment $ 1,865,000 <br />3 cent per 100ccf 1993 $ 609800 <br />Levy /Building Improvements <br />Interest Earnings _$ 2,512,687 <br />CURRENT FUND BALANCE $ 494389487 <br />Notes: <br />1) Current O/M agreement 90% PCA - 10% City. <br />2) City Takes over 100% of operation /maintenance in 2001. <br />3) Interest earnings are currently designated to cover <br />the cost of O/M in year 2001. <br />4) Projected fund balance nessesary to cover O/M costs in <br />year 2001 = $4,195,000 (6% interest = $251,700). <br />5) Current fund balance equals $4,438,487. <br />