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I-W011TI.Two.
<br />PROJECTED MAG PAYMENTS AND FORECASTED REVENUE & EXPENSES
<br />Annual
<br />The >of
<br />Year
<br />MAG
<br />(173 Ad
<br />Revenue
<br />MAG or
<br />Maintenance
<br />Difference
<br />Balance
<br />Notes
<br />Locations x
<br />Share
<br />Revenue
<br />Expense
<br />Share
<br />$720)
<br />1
<br />$124,560
<br />$101,000
<br />$124,560
<br />$137,000
<br />($12,440)
<br />($12,440)
<br />Roll over toyr. 2
<br />2
<br />$124,560
<br />$140,284
<br />$140,284
<br />$137,000
<br />$3,284
<br />($9,156)
<br />Roll over toyr. 3
<br />3
<br />$124,560
<br />$147,298
<br />$147,298
<br />$137,000
<br />$10,298
<br />$1,142
<br />Due to City
<br />4
<br />$124,560
<br />$154,663
<br />$154,663
<br />$137,000
<br />$17,663
<br />$17,663
<br />Due to City
<br />5
<br />$124,560
<br />$162,396
<br />$162,396
<br />$137,000
<br />$25,396
<br />$25,396
<br />Due to City
<br />6
<br />$124,560
<br />$170,516
<br />$170,516
<br />$137,000
<br />$33,516
<br />$33,516
<br />Due to City
<br />7
<br />$124,560
<br />$179,042
<br />$179,042
<br />$137,000
<br />$42,042
<br />$42,042
<br />Due to City
<br />8
<br />$124,560
<br />$187,994
<br />$187,994
<br />$137,000
<br />$50,994
<br />$50,994
<br />Due to City
<br />9
<br />$124,560
<br />$197,394
<br />$197,394
<br />$137,000
<br />$60,394
<br />$60,394
<br />Due to City
<br />10
<br />$124,560
<br />$207,263
<br />$207,263
<br />$137,000
<br />$70,263
<br />1 $70,263
<br />Due to City
<br />Note: Any negative balance will be rolled over in the first 3 years. Any negative balance at the end of year
<br />4 will be waived. Any positive balance at the end of any quarter or year will be paid to the City.
<br />MAG and Maintenance Expense will be adjusted annually based on CPI specified in the agreement.
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