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<br />Exhibit C
<br />ABM Parking Operator EXHIBIT 1
<br />5 Year Budget Overview + Optional Year Budgets
<br />Downtown Santa Ana Parking Facilities: Space 1892+/-
<br />Agreement Years 1-5
<br />Year 1
<br />Estimate Expenses Projected Revenue
<br />$
<br />$
<br />$
<br />$
<br />$
<br />1,059,540
<br />1,112,517
<br />1,168,143
<br />1,226,550
<br />1,287,878
<br />$
<br />$
<br />$
<br />$
<br />$
<br />1,796,410
<br />1,796,410
<br />1,796,410
<br />1,796,410
<br />1,796,410
<br />Year 2
<br />Year 3
<br />Year 4
<br />Year 5
<br />Optional Years 6-10 (if approved by the City)Estimate Expenses Projected Revenue
<br />Year 6
<br />Year 7
<br />Year 8
<br />Year 9
<br />Year 10
<br />$
<br />$
<br />$
<br />$
<br />$
<br />1,352,272
<br />1,419,885
<br />1,490,880
<br />1,565,424
<br />1,643,695
<br />$
<br />$
<br />$
<br />$
<br />$
<br />1,796,410
<br />1,796,410
<br />1,796,410
<br />1,796,410
<br />1,796,410
<br />Total Year 1-10 Estimate Expenses Year 1-10
<br />$13,326,785
<br />Projected Revenue
<br />$17,964,100
<br />Important Note: The annual expenses are projected to start at $1,059,540.37 with a projected annual CPI increase of 5% (at
<br />the City's discretion and negotiation). The annual revenue is projected to be $1,796,410 and is programmed to cover the
<br />operational costs of the parking facilities and allocate funds for several deferred maintenance items and augmented
<br />services. Please note that expenses and revenue are projections and may fluctuate.
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