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A <br /> December 1959 <br /> REDWOOD CITY MUNICIPAL MARINA <br /> Phases I and 11 <br /> OPERATING STATEMENT SUMMARY <br /> Years 1 2 3 4 5 6 thru 11 thru <br /> Items 10 20 <br /> Total Costs <br /> Loan payments 16,020 16,020 16,020 16,020 16,020 43,575 42,930 <br /> Salaries & Wages 6,450 19,776 20,868 22,020 23,376 24,204 24,204 <br /> Boat Maintenance 300 400 400 400 400 400 400 <br /> Berthing Maintenance 60 500 500 500 500 500 500 <br /> Bldgs. & Grounds Maint. 50 1,700 1,700 1,700 1,700 1,700 1,700 <br /> iIredging Maintenance 0 1,400 1,400 1,400 1,400 1,400 1,400 <br /> Supplies (office & print) 150 600 1,200 1,200 1,200 1,200 1,200 <br /> Utilities 200 3,700 3,700 3,700 3,700 3,700 3,700 <br /> Comp. Insurance 135 351 372 395 418 443 443 <br /> Prop. Insurance 1,000 1,958 1,998 1,958 1 ,95 8 1,958 1 ,95 8 <br /> Liability Insurance Master Policy <br /> Meetings & Membership 50 500 500 500 500 500 500 <br /> Publicity & Advertisement 250 500 500 500 500 500 500 <br /> Depreciation 0 2,510 2,510 2,510 2,510 2,510 2,510 <br /> Total 24,665 49,915 51,628 52,803 54,182 82,590 81,945 <br /> % Capacity 93% 93% 93% 93% 93% 100% 100% <br /> Total Revenue <br /> Berth Revenue 5,376 47,854 47,854 47,854 47,854 51,456 51,456 <br /> Launching Ramp (exist.) 5,000 5,000 5,000 5,000 5,000 5,000 5,000 <br /> Sailboat Hoist 0 5,000 5,000 5,000 5,000 5,000 5,000 <br /> Mono - Rail 0 6,000 6,000 6,000 6,000 6,000 6,000 <br /> Boat Sales & Service 0 5,200 7,800 10,400 12,000 13,00 13,000 <br /> Dry Storage 0 1,500 1,500 1,500 1,500 1,500 1,500 <br /> Restaurant & Food Concession 0 5,000 10,000 15,000 20,000 25,000 25,000 <br /> Transient Boat Fees 0 1,507 1,507 1,507 1,507 1,620 1,620 <br /> Fuel Dock 0 3,250 3,250 3,250 3,250 3,250 3,250 <br /> Lockers 0 6,500 6,500 6,500 6,500 6,500 6,500 <br /> Total 10,376 86,81) 108,604 116,204 122,804 118,326 118,326 <br /> Profit or Loss <br /> Loss 14,289 <br /> Profit 36,896 56,976 63,401 68,622 35,736 36,331 <br /> Benefit Cost Ratio' .42 1.74 2.1 2.2 2.26 1.43 1.45 <br /> Benefit Cost Ratio over 20 years S Z.2.1.22.21.1 = 1.5 <br /> ,465, 593 <br /> "EXHIBIT B" <br />