(UNTITLED)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP86-00244R000200040011-9
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 4
• Document Creation Date: December 9, 2016
• Document Release Date: April 27, 1999
• Sequence Number: 11
• Content Type: REPORT

? Approved For Release 2001/03/06 : CIA-RDP86-00244R000200040011-9
2. Site, DeU1t;n, iinecrint;, tiup~~r- $ 685,000
vision, etc.
3. Estimated Improvement Coot $3,693,000
4. Annual Rental of Space Comparable 500,000
to New Bui ldint,
5. Estimated Number of Personnel
to be housed
348
6. Economically Useful Life of Building 50 yrs.
II. Cost Inclusions
A. Construction
1. Site, Deoi(,n, Yit,inrrerint~, etc. ?, 68,000
There Is no diccountinrr invel.vecl in this coat and
consequently, the estimated cost is uc:ed. In the
event that the site is e~:pccted to be acquired by
exchange or uoc of a Govr,rnment-owned site, the
fair market value of the site should be used.
2. Improvement
3. Maintenance and Operation $3,475,938
Again no discounting is involved and the present
value is the estimated cost.
This total annual cost is computed by multiplying
$1.43 x net area of the building (123,000 sq. ft.).
This yields L75,590 ~rhich when multiplied by
Fif;ure I in Exhibit A (19.7620) will equal $3,475,938
pre.nent value of a stream of :;175,890 payments in
r'ach of 50 yea. (economically useful life of
building).
Repairo and Improvements 784,380
This cost is assumed to escalate over the economically
useful life of the building in the following manner:
Range of Years
1 - 10
11-20
Cost per sq. ft.
Approved For Release 2001/03/06 : CIA-RDP86-00244R000200040011-9
 Approved For Release 2001/03/06 : CIA-RDP86-00244R000200040011-9
4. Repairs and Improvements (Cont'd)
Ringre of Years Cost per sq. ft.-
21-4o $ .50
41-50 1.00
The present value factor to be used for years 1 to 10 is
Figure II in Exhibit A. To obtain the factor for the second
period (years 10-20) Figure III must be reduced by Figure II
yielding 5.0952. Similarly, the third p?riod is obtained by
subtr ., -ti ag Figure III fro.a Figure TV yielding 5.3936. The
four-:;:'t r .~ ad in derived by subtraction Figure IV from Figure I
yeild.3604. Therefore, the prcr.ent value of the cost per
sq. f:, :..2; arrived at by multiplying these factors by the unit
cost:
E/ ?.. . .
7.9127 X .10 .79127
5.0952 X .30 1 = 1.52856
5.3936 X .50 2.69682
1;2,
1.3604 x 1.00 # ru'' ; _ 1. 6.2 1.36042
o
3 0
6.37707
The sum of these unit costs when multiplied by the net sq. ft.
will yield the present value of the stream of R&I costs for
50-year period. This factor then (6.377) can be used when
the economically useful life is 50 years, the R&I costs are
scheduled as above and the discount rate used is 4 1/2%.
5. Impacted Area Payment
? 196,474
These payments are used to compute the cost to the Federal
Government in compensating the local cor.,munity for taxes
foregone as a result of Government ownership. These payments
are estimated as being equal to $200 per child, with an average
of one child per 7 employees or $28.57 per employee. Number of
EmployeesX Unit Paym^nt X Present value factor for a, 50-year
stream of equal prtymcnt3 (Fig. I).
348 X 28.57 X 19.7620
TOTAL $8,834,792
w~ r+r>1 xi i i`_ _
Approved For Release 2001/03/06 : CIA-RDP86-00244R000200040011-9
 Approved For Release 2001/03/06 : CIA-RDP86-00244R000200040011-9
B. Leasing
Only one cost is pertinent for the leasing alternative,
i.e., the annual coma cable rental on a fully serviced
basis. To determine the present value of a stream of
equal payments over 50 years multiply Fig. I X the annual
rental($500,000). Therefore, in this case it is shown
that the construction alternative is 1,046,000 present-
value dollars cheaper then the leasing alternative.
TO'T'AL $9,881,000
Il,L. Thp difference between the cost of leasing and the cost of
construction divided by the net assignable square feet in
the project will produce a number which can be compared with
other numbers to determine the relative cost advantage of one project
over another project.
Yt uI `K~ lily
11~~1 ~-111\
Approved For Release 2001/03/06 : CIA-RDP86-00244R000200040011-9
 -Approved.ForRelease 2001/03/06 : CIA-RDP86-00244R000200040011-9
KING FUND
riodre depofil
uvll4'ru.: to Z/
4fulurC dale,
100
000
0000
.88
997
5550
416
773
3601
!33
743
4479
.82
791
6395
AS
878
3875
?24
701
4600
06
609
6533
72
574
4700
.81
378
8217
172
248
1617
164
666
1806
158
275
3528
152
820
3160
148
113
8081
144
015
3694
140
417
5033
137
236
0975
134
407
3443
131
676
1443
129
600
5669
127
545
6467
125
602
493
123
907
029.
122
439
0286
121
021
3671.
119
719
461[.
118
520
0051
117
414
6147
116
391
5429
115
443
4459
114
563
1962
113
744
5201
112
981
9119
112
270
4478
111
605
7796
110
984
0206
.10
401
6920
109
855
6712
,09
343
1466
108
861
5004
100
400
6759
107
962
3492
,07
580
7056
107
202
0164
106
044
7107
06
507
3395
106
100
5u21
+05
887
2235
105
602
1459
X05
332
3191
-05
076
792i
-04
834
6067
.04
605
1006
.04
387
5437
04
181
0518
X03
985
0622
03
790
9695
03
622
2094
.03
454
2558
NERD
COPY
1. DENT WORTH
OF I
1VAol $1 Jul in she
Ju41n it worth
today.
PRESENT WORT11
OF I PER PERIOD
What S! ..btr
p y
periodically L
,uorlh today.
PARTIAL. PAYMENT
l..~ily aor/h ;t! 1. doy.
PrrioJa potalrnl
.rcn,ary to p.y og ?
loan of $1.
P
E
1t
D
,956 931 7990
.956 937 7990 1.045 000 31000
.915 729 9512
1.872 667 7403 ,533 997 5550
2
.876 296 6041
2.748 964 3!.43 .363 773 1601
3
.838 561 3436
3.567 525 6979 .270 743 6479
4
.602 451 0465
4.309 976 7444 .227 791 6395
5
.767 895 7383
5.357 872 41"27 .193 678 3075
6
.734 028 4577
5.092 700 9404 ,169 701 4600
7
,703 185 1270
6.595_006 0674 .151 609 6533
8
,672 904 4277
.643 927 6820
7.912 718 177i/---
8 0217
10
616 196 7388
117 0,5 9759 .248 1817
11
:589 663 8649
9.118 580 760O .109 666 1806
12
,564 271 6410
9.662 052 4218 .103 275 3528
13
,539 972 8622
10.222 825 2840 .097 820 3160
14
.516 720 4423
10.739 545 7263 .093 113 0001
15
.494 469 3228
11.234 015 0491 .089 015 3694
is
.473 176 3854
11.707 191 14346 .005 417 5633
17
.452 800 3608
12.159 991 8034 .082 236 8975
18
.433 301 7884
.079 407 3443
,414 642 8597
.396
787 4255
13.4014'2T1>770
.0714 600 5669
21
,..179
700 8057
.13.784 424 7627
.072 545 6461
22
'163
350 1298
14.147 774 0925
.070 602 4930
23
547
703 4735
14.495 478 1660
.068 967 0299
24
.332
730 6967
14.828 208 9627
.067 439 0200
25
.316
402 4849
15.146 611 4476
.066 021 3674
.304
691 3731
15.451 302 11206
.064 719 4616
.291
570 6919
15.742 873 5126
.063 520 8051
.279
015 0162
16.021 888 5288
.062 414 6147
.267
000 0155
16.280 886 5443
.061 391 5429
.255
502 4072
16.544 390 9515
.060 443 4459
.244
499 9112
16.708 090 8627
.059 563 1962
.23)
971 2069
17.022 862 0695
.050 744 5281
.223
895 8917
17.246 757 9613
.057 981 9119
.214
254 4419
17.461 012 4D31
.057 270 4478
.205
028 1740
17.666 040 5772
.056 605 7796
36
.196
199 2096
17.862 239 7868
.055 984 0206
37
.187
750 4398
10.049 990 2266
.055 401 6920
38
.179
665 4926
.171
928 7011
18.401 504 4203.4--
\
.
^:0535 143 1466
40
.164
525 0728
~r0~ Ti 93
1
11
.053 961 5804
41
.157
440 2611
18.723 549 7542
.053 408 6759
42
.150
660 5369
18.674 210 2911
.052 962 3472
43
.144
172 7626
.137
964 3661
.132
023 3169
19.288 370 7366
.051 644 7107
48
.126
536 1023
19.414 700 8389
.051 507 3395
47
.120 B97 7055
19.535 606 5444
051 168 5821
48
.115 691 5842
OSO 807 2235
.110 709 6500
.060-602. 1'459_
50
.105 942 2468
19.867 950 0273
.050 332 3191
51
.101 380 1424
19.969 330 1697
.050 076 7923
52
.097 014 4903
20.066 344 6600
.049 834 6867
53
.092 836 6326
20.159 181 4928
.049 605 1606
54
.066 639 0745
20.248 020 5673
.
.049 307 5437
65
.085 013 4684
20.333 054 0357
.049 151 0518
66
.081 352 6013
20.414 386 6310
.048 985 0622
57
.077 649 3793
20.492 236 0163,
.048 798 9695
58
.074 497 0137
20.566 733 0299
.048 622 2094
59
.071 209 0083
20.638 022 0382
.040 454 2558
60
1 i
~:j-1=w
IIERO
__COPY
I
Approved For Release 2001/03/06 : CIA-RDP86-00244R000200040011-9
41/2%
.043
per period
---~~/L{ r(
It ,ompound,l
onnuatty
eevlad .....1,N, Is
4'/Z%
SEMIANNUALLY
II m1Ye.w14J
iimt.nnu.Ity
90/0
QUARTERLY
!t canpo4ndsa
SOW -1 dre~ur.Il y
W
18%
"A
MONTHLYIl,ampeoal.4
n,enlM
. 40.lP"`Y'Inui
%
5 4
1 -.045
11w - .09
Iw - .18
-.54
1,rr,o
~l1 ~~