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a <br />SOUTH BEND (INDIANA) REDEVELOPMENT AUTHORITY <br />SUMMARY. OF ESTIMATED PROJECT COSTS AND FUNDING <br />_' <br />N~ <br />Project Costs: <br />Land, construction, related costs and contingencies <br />Bond issuance costs <br />Underwriters discount <br />Capitalized interest <br />Less interest earnings <br />Total estimated project costs <br />Project Funding: <br />Proposed Lease Rental Revenue .Bonds <br />$1,830,000 <br />105,000 <br />47,100 <br />416,225 <br />(43.325) <br />52.355,000 <br />$2,355,000 <br />(Subject to the comments in the accompanying report <br />dated December 18, 1990 of H. J. Umbaugh & Associates.) <br />-4- <br />