HomeMy WebLinkAboutC.054.93008_02124191
the same assumptions and estimates, those rates would
increase roughly 10k%, thereby only 2.3% difference.
Another question that was raised last night has
been along the lines of the suggestion that Lowrance
should not replace its existing facility where it stands,
but build a new facility in the I-77 corridor. We were
requested recently to prepare a preliminary projection
under such proposal, using the same statistical information
that we used on the original on this proposed project.
The architects for the project advised us that
the project cost for such a project would be approximately
$18 million, which would require roughly $16 million in
bonds.
Under that proposal in order to achieve operating
costs comparable to that under the project as is existing
proposed, the average annual increase in the revenue
per patient day would be nearly double whAM would be
required in this existing project. Obviously under
such proposal that would give serious concern as to whether
such a project would be approved by any of the various
planning agencies.
Thank you very much.
as 26 PAGE 29