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3.0 ERMUSR 07-08-2009
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3.0 ERMUSR 07-08-2009
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10/4/2021 3:53:54 PM
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City Government
type
ERMUSR
date
7/8/2009
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C i ' MA % 1 embers rip : osts (cont'd <br /> a <br /> 5n F1 qq3 <br /> :-, , <br /> , .,,,, Full CMMPA members have equity investment in <br /> y#(.a, the agency . <br /> g y <br /> Addition of ERMU as a full CMMPA member <br /> would entail ERMU " buy- in " payment of a pro- <br /> rata share of agency equity <br /> IIIFor ERMU, estimated to be : <br /> A one-time payment of $300k. <br /> o A one-time establishment of ERMU pro rata share of agency <br /> working capital . <br /> • For other, traditional full requirements agencies, the <br /> corresponding equity buy-in amount would likely be in the <br /> multiple millions of dollars, with a term of 30 years or more. <br /> Because you would be buying into the agency's resource portfolio. <br /> CMMPA proposes an Associate Member (Planning and Development) <br /> status for ERMU until your GRE contract expires in 2018. 44 <br />
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