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  2. Board Of Aldermen - Agenda - 5/20/2019 - P4

Board Of Aldermen - Agenda - 5/20/2019 - P4

By dnadmin on Sun, 11/06/2022 - 22:39
Document Date
Fri, 05/17/2019 - 14:31
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Mon, 05/20/2019 - 00:00
Page Number
4
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__052020…

MAY 20 PRESENTATION REVISED

NASHUA PERFORMING ARTS CENTER

TABLE 2: DEAL DIAGRAM/FLOW OF FUNDS

TOTAL PROJECT GOST: $ 19,217,500
"EQUITY":
[AMOUNT FINANCED VIA NMTC: 14,700,000

CITY OF NASHUA 15,900,009,

—————————__|[8_4517,500) [is 10,482,500 [Debt Service

BOND

| PURCHASER

Debt Sdrvice Paymants
|

| Loan
$ | 10,482,500

Enity "C"

SENIOR LEVERAGE LENDER Srae na
$ 10,482,500 INVE: NT FU
NON-PROFIT "A" “Annual interest pee noe $4,372,500 Se NESTOR
Payments LOAN + NMTC EQUITY: $ 15,455,000
UPPER TIER FEES: $ 455,000
$ 15,000,600
NMTOS
5,850,000
Agditional Bond Proceeds
14,517,500
QEI interest Payments.
$ 15,000,000
Pancigh! Paymanis
Sub-CDE
QEl: $ 15,000,000
FEES: $ (300,000)}
ae air aA
Projected dollar amounts are estimates $14,700,000
and subject to change based on credit
pricing and finat deal structure. tict Le: intoroft Payments
$ Pees 1
{ NON-NMTCGovERNANcE |
i I
| Master Lease | NON-PROFIT |
| bee Sas Lease Payments = City of Nashua | aaaee |
| ee Toa i ORGANIZATION FOR | |
Debt Service Master Tenant i FUND-RAISIN: i
t ity MP
| Entity "D" |
[Additional Bond Proceeds: $___4517,500
1 1
i
i
i
\

PREPARED FOR THE CITY OF NASHUA
FOR DISCUSSION ONLY
nieleannent 6@gmail.com

“These numbers are subject to change and are based on projected/modeled calculations

Page Image
Board Of Aldermen - Agenda - 5/20/2019 - P4

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