NASHUA PERFORMING ARTS CENTER
TABLE 2: DEAL DIAGRAM/FLOW OF FUNDS
[TOTAL PROJECT COST:
$ 25,000,000 |
Additional Bond Proceeds
$ 13,891,150
Principal
CITY OF NASHUA jo — 20,240,800 BOND
$ 13,131,950 | $ 7,108,850 [Debt Service PURCHASER
Debt Sefvice Payments
Loan
SENIOR LEVERAGE LENDER Lean
7,108,850.
201 Main Street Financing Corp.
Annual Interest
Payments
Payments
Projected dollar amounts are estimates
and subject to change based on credit
pricing and final deal structure.
INVESTMENT FUND
Established by Equity Investor
LOAN + NMTC EQUITY: $ 9,998,750
UPPER TIER FEES: $ (248,750)
$ 9,750,000
QEI Interest Payments
$ 9,750,000
Sub-CDE(s)
QEI: $ 9,750,000
FEES: $ (195,000)
$ 9,555,000
QLICI Loans Interegt Payments
Loan "A": $ 7,108,850
Loan "B": $ 2,446,150
$ 9,555,000
QALICB/OWNER
PREPARED FOR THE CITY OF NASHUA
FOR DISCUSSION ONLY
nielcannon16@gmail.com
201 Main Street Real Estate Corp.
$ 1,553,850
Donation
Master Lease
Lease Payments
$
NMT'
2,889,900
EQUITY INVESTOR
0.76qqNMTC: $ 2,889,900
3,802,500
City of Nashua
NASHUA COMMUNITY ARTS
Fund-Raising Organization
Master Tenant
Operating Agreement
Operator
Spectatcle Management
UPDATE 10-6-2020
