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Certificate Regarding Use of Proceeds-City of Buena Park
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Certificate Regarding Use of Proceeds-City of Buena Park
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EXHIBIT A—CITY OF BUENA PARK <br /> I.DESCRIPTION OF PROJECT <br /> Communications System <br /> The Project consists of (i) the City's contribution of$707,601.00 to Orange County, representing <br /> the City's portion of the costs of the portion of an 800 MHz communication system owned by the <br /> County; and (ii) the following City-owned local system components of the 800 MHz communications <br /> system(total amount of$1,050,684.00),which components have the following expected economic lives: <br /> County Portion <br /> Amount Payable Expected Economic Life <br /> Component Total Value from Project Arrormt (in years) <br /> Backbone $707,601.00 $660,000.00 20(per County) <br /> City Portion <br /> Amount Payable Expected Economic Life <br /> component Total Value from Project Account (in years) <br /> Law Enforcement <br /> Mobile Radios $278,613.00 — 12-15 <br /> Motorcycle Radios 40,175.00 — 12-15 <br /> Portable Radios • 297,841.00 — 6 <br /> Control Stations 87,179.00 — 12-15 <br /> Desk Remotes 8,752.00 — 12-15 <br /> Portable Veh. Adptr 2,300.00 6 <br /> Consoles 114,577.00 — 10 <br /> Public Works <br /> Mobile Radios 146,971.00 — 12-15 <br /> Portable Radios 36,651.00 — 6 <br /> Control Stations 7,952.00 — 12-15 <br /> Desk Remotes 19,935.00 — 12-15 <br /> Portable Veh. Adptr 9,738.00 — 6 <br /> The County has entered into a fixed price contract for the 800 MHz communications system, <br /> including the City-owned components, on September 19, 1995. Completion of the County component <br /> (backbone) of the 800 MHz communications system is expected by August 31, 1998. Completion of the <br /> City-owned components of the 800 MHz communications system is expected by August 31, 1999, in the <br /> case of the Law Enforcement portion and September 20,2000,in the case of the Public Works portion. <br /> Other Improvements <br /> In addition, the Project includes the following City capital improvements having the following <br /> expected economic lives: <br /> Amount Payable Expected Economic Life <br /> capital Improvement from Project Account kin years) <br /> Improvements to Civic Center $1,200,000.00 20 <br /> Acquisition of electric water meter system $1,140,000.00 15 <br /> The City will, within six (6) months of the date hereof, enter into one or more contracts for <br /> construction of improvements to the City Civic Center and acquisition of an electric water meter system. <br />
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